Business News - The Last 24 Hours

Government shutdown: House clears procedural hurdle to vote on funding bill
CNBC - 15 min 58 sec ago
Most Democrats, who are in the minority in Congress, oppose the funding bill because it does not include extending enhanced ACA tax credits.

FOX Business - Aviation expert warns shutdown turbulence could linger: Here’s how to prep for smooth travel this holiday season - 6 hours 48 sec ago

Bloomberg - Tech Rebound Lifts Stocks as US Shutdown Nears End: Markets Wrap - Bloomberg.com - 14 hours 2 min ago

Reuters - Asian markets advance as US shutdown set to end - Reuters - 19 hours 13 min ago

COMMENTARY:

New York Post - Dow jumps 350 points with end to government shutdown in sight - 3 hours 6 min ago

Indiatimes - LIVE: Jeffries blasts GOP’s ‘cruel’ spending plan as America’s longest shutdown nears breaking point - 3 hours 39 min ago

The Independent - Ready for takeoff? Flight disruptions ease as shutdown nears end but will still take days to resolve - 5 hours 31 min ago

BusinessInsider - Mass delays and stranded travelers: Photos capture airport chaos amid the longest government shutdown in US history - 7 hours 10 min ago

The Guardian - Republican disquiet over hemp ban threatens passage of bill to end shutdown - 10 hours 44 min ago

New York Times - Duffy Won’t Give Timeline to Restore Flights as Shutdown Appears Near End - 21 hours 31 min ago

SCMP - US Supreme Court lets Trump continue food aid cuts, even as shutdown nears end - 23 hours 56 min ago

LARRY KUDLOW: Democratic attempts to sabotage the Trump boom are failing miserably
FOX Business - 31 min 58 sec ago
The Schumer shutdown was so pointless. It was just another failed attempt by Democrats of political sabotage

RELATED:

BBC - What we know about new Epstein emails that mention Trump - 1 hour 31 min ago

Associated Press - What Americans think about Trump’s management of the government, according to a new AP-NORC poll - Meridian Source - 7 hours 20 min ago

CNBC - Trump 'knew about the girls,' Jeffrey Epstein said in email - 7 hours 48 min ago

Deutsche Welle - Trump knew about Epstein's sexual abuse, Democrats say - 7 hours 51 min ago

FOX Business - MIKE DAVIS: How the FCC can help President Trump rebalance the media - 8 hours 17 min ago

NDTV - 'US Doesn't Have Enough Talent': Trump Defends H-1B Visa Plan After Fee Hike - 18 hours 41 min ago

COMMENTARY:

Indiatimes - Trump pushes to block House vote on Epstein files? Here's what happened after Lauren Boebert's meeting with Trump officials regarding Epstein Transparency - 1 hour 7 min ago

The Independent - Fox News finally — and vaguely — references the bombshell Trump-Epstein emails hours after their release - 1 hour 33 min ago

SCMP - Why Donald Trump’s ‘G2’ label prompts tepid response from China - 1 hour 45 min ago

The Guardian - Epstein’s emails stir new doubts over Trump’s past denials - 3 hours 7 min ago

Sydney Morning Herald - New emails allegedly link Trump to Epstein - 4 hours 46 min ago

New York Post - Atlanta Fed President Raphael Bostic to retire, giving Trump chance for more influence - 5 hours 31 min ago

New York Times - By Not Funding Food Stamps, Trump Risks Lasting Damage to Safety Net - 6 hours 57 min ago

BusinessInsider - Treasury Secretary Bessent says Trump wants to lower coffee and banana prices 'very quickly' - 7 hours 20 min ago

Russia Today - Trump requests pardon for Netanyahu - 8 hours 15 min ago

Toyota opens massive North Carolina battery plant, confirms $10B US investment
FOX Business - 37 min 28 sec ago
Toyota launched a $13.9 billion battery plant in North Carolina, creating 5,100 jobs and committing an additional $10 billion to U.S. manufacturing over five years.

COMMENTARY:

Indiatimes - Toyota opens US battery plant, confirms $10 billion plan - 4 hours 19 min ago

Travel chaos erupts after Marriott-backed hotel chain plans bankruptcy: report
FOX Business - 50 min 25 sec ago
Sonder announces plans to file for bankruptcy after Marriott ends partnership, reportedly leaving guests scrambling to find new accommodations with minimal notice.

Disney losing $30M a week as YouTube TV blackout drags on, analysts say
FOX Business - 57 min 11 sec ago
Morgan Stanley estimates Disney loses $30 million weekly from YouTube TV blackout affecting ABC and ESPN channels, as the dispute nears the end of its second week.

COMMENTARY:

BusinessInsider - Disney's fight with YouTube TV is tied for its longest blackout ever — and faces a big test on Thursday - 7 hours 2 min ago

Boston Fed President Collins advocates holding rates steady, sees 'high bar' for further cuts
CNBC - 2 hours 39 min ago
Collins on Wednesday said she will be reluctant to support further interest rate cuts anytime soon with inflation still high.

COMMENTARY:

Indiatimes - Gold price today: Why is gold rate down on Wednesday? Check gold price prediction for December - 14 hours 39 min ago

Ukraine's corruption scandal: What do we know so far?
Deutsche Welle - 2 hours 40 min ago
Two ministers have resigned amid investigations into graft in Ukraine. Investigators say they have uncovered a money laundering scheme in the energy sector. Someone close to Zelenskyy is said to be at the center of it.

RELATED:

BBC - Major corruption scandal engulfs top Zelensky allies - 7 hours 3 min ago

Reuters - Ukraine's energy minister resigns following corruption probe in sector - Reuters - 8 hours 35 min ago

COMMENTARY:

The Independent - Top Ukrainian ministers submit their resignations as the country is rocked by a corruption scandal - 4 hours 1 min ago

SCMP - Ukraine ministers resign over US$100 million energy corruption scandal - 5 hours 15 min ago

The Guardian - Former AOC staffer running for Pelosi’s seat promises to root out corruption – and Trump’s ballroom - 6 hours 18 min ago

Russia Today - Germany to funnel more cash into Ukraine’s corruption-plagued energy sector - 8 hours 57 min ago

Indiatimes - Why vote for Lalu Yadav, Rahul Gandhi? For corruption or family?: Giriraj Singh on Bihar exit polls predicting NDA win - 15 hours 59 min ago

Ukraine updates: Ministers resign over major graft probe
Deutsche Welle - 3 hours 33 min ago
Amid a wide-ranging corruption investigation into the country's energy sector, Ukraine's justice and energy ministers offered their resignations. Follow DW for more.

Deutsche Welle - Ukraine updates: Justice minister suspended amid graft probe - 14 hours 10 min ago

COMMENTARY:

BusinessInsider - Ukraine's 'Amazon for war' will soon let soldiers buy weapons with points earned for evacuating wounded comrades - 6 hours 20 min ago

The Guardian - The EU invited Ukraine to join the club, but will it ever happen? - 7 hours 51 min ago

Russia Today - Poland will not put Ukraine’s interests above its own – president - 8 hours 57 min ago

The Independent - Top diplomats will talk with Ukraine's foreign minister at the G7 meeting in Canada - 10 hours 18 min ago

Indiatimes - Why do Ukrainians fight? A $100 million graft case shows why - 18 hours 32 min ago

Supreme Court to hear arguments on Trump bid to fire Fed Gov. Lisa Cook on Jan. 21
CNBC - 4 hours 18 min ago
Two lower federal courts have blocked President Trump from removing Lisa Cook as a governor of the Federal Reserve Board.

COMMENTARY:

Indiatimes - ECB's Lagarde replaces Fed's Powell on two key BIS committees - 11 hours 7 min ago

Russia's strikes threaten Ukraine's nuclear safety
Deutsche Welle - 4 hours 40 min ago
Russia is ramping up missile attacks on substations at Ukrainian nuclear power plants. Experts tell DW why this new tactic is dangerous — and how it can be prevented.

RELATED:

Deutsche Welle - How Finland's nuclear power ambitions aim to wean the country off Russian energy - 10 hours 34 min ago

BBC - Watch: Russia's AI robot falls seconds after being unveiled - 12 hours 11 min ago

COMMENTARY:

New York Times - Russian Humanoid Robot Falls on Its Face in Hyped Debut - 25 min 3 sec ago

SCMP - ‘War of tomorrow will begin in space,’ Macron says, singling out Russia - 4 hours 17 min ago

New York Post - Putin OKs Citi’s sale of Russian banks — to former Brooklyn Nets owner Mikhail Prokhorov - 4 hours 17 min ago

Indiatimes - Russia ups front-line attacks in south Ukraine, makes gains - 4 hours 37 min ago

Russia Today - Syrian president touts ‘strategic interests’ with Russia - 6 hours 28 min ago

BusinessInsider - Satellite imagery captures destruction at Russia's new drone base after a massive Ukrainian attack - 10 hours 4 min ago

The Independent - Russia says it foiled Ukrainian-British plot to steal MiG-31 jet - 13 hours 22 min ago

The Guardian - Russia’s high court bid over Canberra embassy fails but Australian government has to pay costs - 23 hours 30 min ago

Brazil foreign minister meets Rubio to assess tariff talks, source says - Reuters
Reuters - 4 hours 58 min ago
Brazil foreign minister meets Rubio to assess tariff talks, source says Reuters

RELATED:

FOX Business - Prediction markets put Trump tariff win at 24% following Supreme Court oral arguments - 7 hours 51 min ago

CNBC - Tariffs thaw, rivalry simmers: U.S.–China trade truce enters uneasy phase - 22 hours 56 min ago

COMMENTARY:

Indiatimes - Maharashtra forms task force to shield MSMEs and exporters from Trump’s tariffs - 5 hours 48 min ago

The Independent - ‘The numbers just don’t check out’: Economists rip Trump’s $2,000 tariff revenue plan - 7 hours 42 min ago

BusinessInsider - What you need to know about Donald Trump's proposed $2,000 tariff revenue dividend checks - 20 hours 40 min ago

£220 ‘for a cut-up sock' - Apple's new iPhone Pocket ridiculed online
BBC - 5 hours 57 min ago
Many took aim at the high price online, while others made fun of its striking likeness to a piece of footwear.

COMMENTARY:

Indiatimes - Developer fee cuts not passed on to EU users, Apple says - 6 hours 28 min ago

The Straits Times - Apple launches $219 iPhone Pocket, billed as new way to carry everyday items - 14 hours 55 min ago

SCMP - Nvidia and Apple supplier Foxconn posts 17% rise in third-quarter profit - 16 hours 31 min ago

Treasury Secretary Scott Bessent predicts ‘blockbuster’ year for US economy, relief for workers
FOX Business - 5 hours 58 min ago
Treasury Secretary Scott Bessent predicts 2026 will be a blockbuster year for the U.S. economy, driven by new manufacturing investments and job growth nationwide.

COMMENTARY:

Indiatimes - At pre-budget meet, MSMEs seek cheaper credit, policy support to stay competitive amid US tariffs - 4 hours 55 min ago

BusinessInsider - Even AI can't save the US economy from one of its biggest risks, Moody's Mark Zandi says - 6 hours 30 min ago

SCMP - How Asean quietly became China’s buffer against US tariffs - 15 hours 15 min ago

Germany's economic experts say the government could do more to kickstart growth
Deutsche Welle - 6 hours 15 min ago
Is the German government doing the right thing to get the economy moving again? The panel of five selected economists isn't convinced.

RELATED:

Deutsche Welle - Germany news: Economic experts call for change of course - 6 hours 50 min ago

Watch Trump to Dine With High Profile Wall Street Executives - Bloomberg.com
Bloomberg - 8 hours 56 min ago
Watch Trump to Dine With High Profile Wall Street Executives Bloomberg.com

COMMENTARY:

Indiatimes - S&P 500, NASDAQ and Dow Jones futures see slight gain after tech stocks drive movement in Wall Street; here’s how key indices performed - 20 hours 35 min ago

COP30: Can India step up and lead Global South on climate?
Deutsche Welle - 9 hours 4 min ago
As rich nations drag their feet, India's role is pivotal in bringing together the Global North and South on climate action.

RELATED:

Bloomberg - Why India-Pakistan Relations Are So Turbulent - Bloomberg.com - 11 hours 22 min ago

Reuters - India's power giant NTPC plans to enter coal gasification business, source says - Reuters - 12 hours 3 min ago

COMMENTARY:

SCMP - How India and the US can find their way back to better relations - 2 hours 15 min ago

Indiatimes - US sanctions 32 entities, individuals from several countries including India - 3 hours 55 min ago

The Guardian - India confirms deadly Delhi car blast being treated as terror incident - 5 hours 59 min ago

The Hindu - Markets climb in early trade on firm global cues, India-U.S. trade deal optimism - 18 hours 43 min ago

Jim Cramer's top 10 things to watch in the stock market Wednesday
CNBC - 9 hours 54 min ago
The rise in Advanced Micro Devices stock reignited the tech trade early this morning, pushing the Nasdaq higher ahead of the open.

COMMENTARY:

Indiatimes - US stock market today: Wall Street surges to record high - Dow on fire, S&P and Nasdaq also gain - Top stocks to watch - 7 hours 47 min ago

BusinessInsider - The US in last place? Check out Goldman Sachs' global stock forecasts for the next decade. - 8 hours 3 min ago

AllAfrica - Nigeria: Nigeria's Stock Market Tumbles, Loses N4.6trn in One Day - 13 hours 17 min ago

Plans to demolish Netflix's Dept Q police headquarters
BBC - 11 hours 20 min ago
Argyle House starred as the police headquarters in the Netflix series, but it could be demolished for a new development.

New York and New Jersey lose hundreds of billions in resident income as Americans flee to low-tax states
FOX Business - 11 hours 44 min ago
New York and New Jersey lost nearly $700 billion in resident income from 2013-2022 as millions fled to low-tax states like Florida and Texas in historic exodus.

COMMENTARY:

The Guardian - Property experts urge Rachel Reeves to abolish ‘sin tax’ of stamp duty in budget - 3 hours 59 min ago

SCMP - Italy plans tax on low-value parcels, targeting China’s Shein and Temu - 4 hours 48 min ago

Indiatimes - Trump $2000 tariff dividend is a bluff? Tax experts point out big faults in Donald Trump's mega stimulus check plan - 9 hours 7 min ago

AllAfrica - South Africa: Decision On Proposed R20 Billion Tax Increases Still to Be Made - 9 hours 48 min ago

New York Times - The I.R.S. Tried to Stop This Tax Dodge. Scott Bessent Used It Anyway. - 13 hours 45 min ago

Google launches dual legal and legislative strategy to combat international cyber scams
FOX Business - 12 hours 42 min ago
Google launched a dual attack on cybercriminals with a lawsuit against the China-based "Lighthouse" scam group while backing three bipartisan congressional bills targeting fraud.

COMMENTARY:

The Hindu - Growing digital dependence made societies more vulnerable to outages, cyberattacks: Vint Cerf, Google’s Chief Internet Evangelist - 16 hours 10 min ago

India inflation cools more than expected in October, boosting hopes for further rate cuts
CNBC - 12 hours 53 min ago
India's consumer inflation cooled to 0.25% in October, strengthening hopes of more policy easing by the Reserve Bank of India.

COMMENTARY:

Indiatimes - BTC price on edge ahead of CPI report – will inflation data send Bitcoin soaring or crashing? - 4 hours 49 min ago

Google sues cybercriminal group behind E-ZPass, USPS text phishing scams
CNBC - 13 hours 45 min ago
Google filed a lawsuit against a cybercriminal group largely based in China that is behind a massive text message phishing operation, or "smishing."

COMMENTARY:

Indiatimes - Donald Trump's $300 million White House ballroom: Amazon, Apple, Google, Meta, Palantir, Microsoft, Crypto industry leaders among donors. Check full list of 37 donors - 3 hours 1 min ago

New York Post - Google’s ‘moonshot’ project would put AI data centers in space - 6 hours 37 min ago

The Guardian - Borderline ambiguity: How Google Maps removes disputed Western Sahara border for Morocco users - 20 hours 16 min ago

Groww Parent Set for Mumbai Trading Debut After $752 Million IPO - Bloomberg.com
Bloomberg - 17 hours 35 min ago
Groww Parent Set for Mumbai Trading Debut After $752 Million IPO Bloomberg.com

Gold Edges Higher as Weak US Jobs Data Raise Rate-Cut Prospects - Bloomberg.com
Bloomberg - 17 hours 58 min ago
Gold Edges Higher as Weak US Jobs Data Raise Rate-Cut Prospects Bloomberg.com

COMMENTARY:

New York Post - Amazon cuts 700 jobs in NYC alone on quest to streamline by slashing 30,000 positions - 23 hours 56 min ago

Watch HKIC CEO Clara Chan on Deployment of Fund's Capital - Bloomberg.com
Bloomberg - 18 hours 58 min ago
Watch HKIC CEO Clara Chan on Deployment of Fund's Capital Bloomberg.com

COMMENTARY:

BusinessInsider - A CEO accidentally gave a new project the same name as a famous OnlyFans model — and quickly changed it - 4 hours 58 min ago

New York Post - Comcast CEO Brian Roberts travels to Saudi Arabia as he explores bid for Warner Bros. Discovery - 5 hours 51 min ago

Indiatimes - Bengal CEO to review low pace of enumeration form distribution - 5 hours 53 min ago

The Independent - Trump’s guest list as he hosts private White House dinner for Wall Street CEOs - 6 hours 47 min ago

Dozens protest Austrian parliament event honoring antisemite
Deutsche Welle - 20 hours 43 min ago
Protesters rallied in Vienna against an event dedicated to Franz Dinghofer, an Austrian politician who was a self-confessed antisemite and a Nazi party member.

RELATED:

BBC - Protesters break into COP30 venue in Brazil - 20 hours 54 min ago

COMMENTARY:

Indiatimes - Protesters force their way into COP30 summit venue, clash with security - 22 hours 26 min ago

SCMP - Protesters force way into UN climate summit venue, clash with security - 22 hours 30 min ago

The Independent - Indigenous protesters force way into Cop30 climate summit - 23 hours 36 min ago

"New York Will Turn Into Mumbai": Real Estate Billionaire On Mamdani's Win
NDTV - 21 hours 30 min ago
New York City is looking up to a "really tough time" under mayor-elect Zohran Mamdani, warned real estate billionaire Barry Sternlicht, who said he is considering moving his team out of the Big Apple.

COMMENTARY:

The Guardian - Real estate agents face $110,000 fine for underquoting under new laws in NSW - 4 hours 45 min ago

Indiatimes - Zohran Mamdani to turn housing in NYC highly expensive? Barry Sternlicht, real estate billionaire, raises concerns as he criticizes NYC's new mayor’s housing policy; here’s what he said - 18 hours 4 min ago

New York Post - Real estate giant Cushman & Wakefield to hire hundreds more vets as top exec stresses ex-military good for business - 23 hours 52 min ago

There could be a buying opportunity in consumer packaged goods stocks, Jim Cramer says
CNBC - 23 hours 45 min ago
CNBCs Jim Cramer explains why packaged goods stocks could be hitting a bottom.

COMMENTARY:

New York Times - As Consumer Bureau’s Cash Dwindles, Trump Administration Declares Its Funding Illegal - 2 hours 49 sec ago

BusinessInsider - AI is winning over consumers — but it's way behind with businesses, say Goldman Sachs analysts - 18 hours 9 min ago