Business News - The Last 24 Hours

Trump: No US officials attending G20 in South Africa
Deutsche Welle - 1 hour 47 min ago
Donald Trump's decision to boycott the annual Group of 20 summit comes just a few days after he said South Africa shouldn't be part of the group at all.

NDTV - Trump Blames Foreign-Owned Meat Packers For Rising Beef Prices In US - 2 hours 3 min ago

CNBC - Millions more Americans could access obesity drugs after Trump's deals with Eli Lilly, Novo Nordisk - 5 hours 13 min ago

Reuters - Exclusive: China starts work on easing rare earth export rules but short of Trump hopes, sources say - Reuters - 17 hours 37 min ago

Deutsche Welle - Trump pushes for closer mineral ties with Central Asia - 20 hours 18 min ago

Bloomberg - How the US Under Trump Fits Into China-Taiwan Tensions - Bloomberg.com - 22 hours 54 min ago

COMMENTARY:

The Independent - Trump says US to boycott G20 as president leans into widely disputed claims of white genocide in host nation South Africa - 25 min 42 sec ago

Indiatimes - Breaking News Live Updates: U.S. judge rules Trump illegally ordered National Guard to Portland, Oregon - 53 min 24 sec ago

The Guardian - Trump says US will boycott G20 summit in South Africa, citing treatment of white farmers - 2 hours 45 min ago

SCMP - Trump says US to boycott G20 in South Africa, cites treatment of white farmers - 2 hours 54 min ago

New York Times - In Cozying Up to Trump, Leaders Hedge Their Reliance on Moscow and Beijing - 3 hours 28 min ago

BusinessInsider - Meta details $600 billion US investment pledge that led to a hot-mic moment between Zuckerberg and Trump - 4 hours 19 min ago

Russia Today - Trump sees ‘good chance’ of meeting Putin in Hungary - 6 hours 49 min ago

AllAfrica - Nigeria: Real Reasons U.S. President Donald Trump Is Attacking Nigeria - Professor - 16 hours 54 min ago

Over 1,200 Flights Cut Across US Amid Shutdown Standoff
NDTV - 2 hours 25 min ago
More than 1,200 flights were canceled across the United States on Friday after the Trump administration ordered reductions to ease strain on air traffic controllers working without pay amid a federal government shutdown.

RELATED:

Bloomberg - Stocks Fall as Economic Angst Brews Amid Shutdown: Markets Wrap - Bloomberg.com - 4 hours 36 min ago

CNBC - Food banks are in 'disaster response mode' due to shutdown and SNAP cuts, leaders say: 'The damage gets worse and worse' every day - 8 hours 47 min ago

NDTV - Over 750 Flights Cancelled As US Sees Travel Chaos Due To Government Shutdown - 22 hours 24 min ago

Deutsche Welle - Flight cuts across US amid longest gov't shutdown in history - 23 hours 26 min ago

COMMENTARY:

Indiatimes - Republicans swat down Democratic offer to end shutdown as impasse continues into 38th day - 30 min 28 sec ago

The Independent - Trump officials illegally wrote furloughed workers’ out-of-office emails to blame Democrats for the shutdown, judge rules - 1 hour 27 min ago

The Straits Times - Wall St ends mixed on signs of shutdown progress - 3 hours 13 min ago

Russia Today - US shutdown damage ‘far worse’ than estimated – White House aide - 5 hours 33 min ago

BusinessInsider - Map shows which airports have the most canceled flights due to the government shutdown - 9 hours 40 min ago

The Guardian - Senate to hold 15th vote on ending record US government shutdown - 10 hours 5 min ago

SCMP - US economy hit hard by 38-day shutdown but rebound expected: Hassett - 11 hours 15 min ago

New York Times - What Travelers Need to Know About the Shutdown, Flight Reductions and Delays - 12 hours 39 min ago

Sydney Morning Herald - US government employee sells hotdogs amidst shutdown - 17 hours 54 min ago

Trump says he may give Hungary an exemption on Russian oil sanctions
BBC - 3 hours 17 min ago
Trump has recently increased pressure on US allies to curb their spending on Russian oil.

RELATED:

Bloomberg - Trump May Exempt Hungary From Sanctions for Buying Russian Energy - Bloomberg.com - 6 hours 58 min ago

Deutsche Welle - Trump exempts Hungary from sanctions for buying Russian oil - 7 hours 27 min ago

NDTV - "Iran Has Been Asking If US Sanctions Could Be Lifted": President Trump - 16 hours 15 min ago

COMMENTARY:

The Guardian - US grants Hungary one-year exception from sanctions over Russian oil and gas - 32 min 31 sec ago

Russia Today - Hungary secures ‘full exemption’ from US sanctions on Russian oil – Orban - 2 hours 53 min ago

Indiatimes - ‘It’s vital for us’: Hungary’s Orban pleads with Trump to avoid US sanctions over Russian oil - 5 hours 22 min ago

SCMP - Trump hosts Hungary’s Orban, eyes oil sanctions carve-out for Putin ally - 6 hours 10 min ago

The Straits Times - Two tankers with Russian oil drop anchor at sea in sign sanctions hit sales - 10 hours 4 min ago

The Independent - UN Security Council lifts sanctions on Syrian president ahead of Trump meet - 18 hours 4 min ago

BusinessInsider - Russia's oil revenues plunge just as US sanctions hit when Moscow can least afford it - 19 hours 16 min ago

Reuters: US Backs EU Plan to Use Frozen Russian Assets for Ukraine - UNITED24 Media
Reuters - 3 hours 44 min ago
Reuters: US Backs EU Plan to Use Frozen Russian Assets for Ukraine UNITED24 Media

COMMENTARY:

Indiatimes - Trump hints at easing Russian oil sanctions on Hungary, says Russia-Ukraine war "taking a big toll on Moscow" - 44 min 53 sec ago

The Independent - US Army buying 1 million drones in massive ramp-up as it follows Russia and Ukraine’s lead - 8 hours 57 sec ago

Russia Today - Diplomacy not weapons: NATO member’s incoming govt on Ukraine policy - 11 hours 38 min ago

The Guardian - Orbán to visit White House to try to broker Trump-Putin summit for peace in Ukraine - 20 hours 37 min ago

Palantir CEO Karp twice slams short sellers as stock suffers worst week since April
CNBC - 4 hours 1 min ago
Palantir CEO Alex Karp twice confronted short sellers this week as the company's shares suffered a double-digit drop.

NDTV - Elon Musk Wins $1 Trillion Pay Package: How It Compares To Other Top CEOs' Salaries - 16 hours 36 min ago

Bloomberg - Watch Euronext CEO on Pan-European Exchange, Buyback - Bloomberg.com - 17 hours 16 min ago

COMMENTARY:

New York Post - Tesla rival Rivian gives CEO RJ Scaringe a Musk-like pay package worth up to $4.6B - 1 hour 46 min ago

Indiatimes - ‘You can’t just let AI run wild,’ says ex-Infosys CEO Vishal Sikka, sharing why artificial intelligence should be kept on a leash - 14 hours 25 min ago

BusinessInsider - One lesson took the CEO of Habit Burger's career from consultant to the C-suite - 14 hours 29 min ago

"Will Remember This": Jamaica, Cuba Praise India For Support After Hurricane
NDTV - 4 hours 53 min ago
Cuba and Jamaica have publicly thanked India for standing with them after Hurricane Melissa tore through the Caribbean, leaving widespread destruction and a rising death toll.

Deutsche Welle - How far will India and China go in improving ties? - 12 hours 37 min ago

CNBC - Trump says India has 'largely stopped' buying Russian oil, hints at visiting the country next year - 21 hours 56 min ago

COMMENTARY:

Indiatimes - Trump may visit India next year even as trade talks hang in air - 1 hour 42 min ago

The Hindu - WB asks India to provide further impetus to financial sector reforms to achieve 2027 vision - 10 hours 46 min ago

Fed's Miran says stablecoin surge could help push interest rates lower
CNBC - 4 hours 56 min ago
The central banker said the Fed might need to lower its own policy rate to avoid unintentionally slowing the economy.

COMMENTARY:

The Guardian - NS&I increases interest rates on fixed-term savings accounts - 11 hours 23 min ago

Consumer sentiment slides to near-lowest level on record as government shutdown drags on
FOX Business - 5 hours 11 min ago
Consumer confidence slumps to a three-year low as government shutdown fears grip American households, with sentiment dropping to 50.3 amid economic uncertainty.

COMMENTARY:

New York Post - Nasdaq plunges as consumer sentiment nears historic lows, panic over AI spending mounts - 2 hours 36 min ago

Indiatimes - US consumer sentiment gloomiest in more than three years: Survey - 9 hours 11 min ago

What caused the stock market's lackluster week — plus, an earnings season update
CNBC - 5 hours 16 min ago
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

RELATED:

CNBC - The Club's top 10 things to watch in the stock market Friday - 11 hours 43 min ago

COMMENTARY:

Indiatimes - Stock market outlook 2026: JPMorgan says retail investors will drive next big rally - here’s what it means for investors - 3 hours 38 min ago

BusinessInsider - 3 takeaways from a volatile week in the stock market — and one key level to watch for the S&P 500 - 10 hours 7 min ago

Trump pardons New York baseball star Darryl Strawberry for tax evasion conviction
CNBC - 6 hours 18 min ago
President Donald Trump has pardoned multiple high-profile figures since returning to the White House, including Binance founder Changpeng Zhao.

RELATED:

BBC - The Week: Mistaken Prisoner Releases and Tax Rises Are Coming? - 14 hours 4 min ago

COMMENTARY:

The Independent - Trump pardons former New York baseball star Darryl Strawberry for tax evasion - 2 hours 5 min ago

Indiatimes - Schumer pushes urgent deal in today’s Senate vote to end 38-day shutdown with one-year ACA tax-credit extension - 4 hours 53 min ago

AllAfrica - Nigeria: Govt Unveils New Tax Reform Laws in Major Economic Policy Shift - 16 hours 28 min ago

Airlines are 'going to lose millions of dollars' over government shutdown's impact on flights, Duffy says
FOX Business - 7 hours 37 min ago
Secretary of Transportation Sean Duffy said airlines are "going to lose millions of dollars" after the FAA instituted flight reductions due to the shutdown.

RELATED:

FOX Business - Airlines tapping Thanksgiving pilot reserves early as government shutdown snarls flights - 10 hours 6 min ago

CNBC - Airlines cancel more than 700 U.S. flights as FAA-ordered shutdown cuts begin - 11 hours 18 min ago

COMMENTARY:

Indiatimes - Flight cancellations today: Over 800 flights cancelled in 40 airports, Delta Air Lines, American Airlines, Southwest Airlines issue advisory for flyers - 12 hours 2 min ago

BusinessInsider - These are the airlines most affected by the FAA's order to cancel hundreds of flights during the government shutdown - 13 hours 55 sec ago

U.S. backs EU using frozen Russian assets to help end war, U.S. source says - Reuters
Reuters - 7 hours 43 min ago
U.S. backs EU using frozen Russian assets to help end war, U.S. source says Reuters

RELATED:

Deutsche Welle - Russian network for conducting hybrid warfare in Europe - 7 hours 55 min ago

Bloomberg - Mol Floats Shift Away From Russian Oil Before Orban Meets Trump - Bloomberg.com - 11 hours 56 min ago

BBC - British man jailed after trying to spy for Russia - 12 hours 30 min ago

NDTV - "Clarify Remarks": Russia To US After Trump's Call To Resume Nuclear Testing - 14 hours 15 min ago

COMMENTARY:

SCMP - UK man who dreamed of ‘being like Bond’ jailed for trying to spy for Russia - 7 hours 48 min ago

Russia Today - UK and Baltic countries simulate war with Russia – Politico - 8 hours 38 min ago

The Independent - Putin ‘sidelines’ Russia’s veteran foreign minister after ‘blaming him for collapse of Trump summit’ - 9 hours 3 min ago

Indiatimes - European Union toughens visa rules for Russians - 14 hours 15 min ago

BusinessInsider - NATO's chief says the West is finally 'turning the tide' on Russia's ammo advantage - 20 hours 40 min ago

Worried about layoffs? Economists say the job market is cooling but 'not falling off a cliff'
CNBC - 7 hours 54 min ago
Job experts say they're not in panic mode just yet. Here are the numbers to focus on.

COMMENTARY:

Indiatimes - 'No hire' job market leaves unemployed in limbo as threats to economy multiply - 14 hours 35 min ago

US household debt hits a new record, NY Fed finds
FOX Business - 8 hours 4 min ago
American household debt reached a record $18.59 trillion in the third quarter of 2025, rising $197 billion, according to the Federal Reserve Bank of New York's latest report.

COMMENTARY:

Indiatimes - Why is Fed pumping billions into the market? Is this just a temporary liquidity blip — or the first tremor of something far bigger? Markets fear a repeat of 2008 Global Financial Crisis - 4 hours 3 min ago

How Trump’s tariffs are crushing small businesses while big retailers weather the costs
CNBC - 9 hours 10 min ago
While large retailers like Walmart and Amazon are mostly brushing off Trump's tariffs, small businesses are being crushed under the weight of them.

RELATED:

Bloomberg - How New US Tariff Doubts Will Play Out Among Trade Partners - Bloomberg.com - 21 hours 6 min ago

COMMENTARY:

The Independent - Transgender rights to Trump’s tariffs – here’s what’s on the Supreme Court docket - 8 hours 9 min ago

The Hindu - VST Tillers Tractors stops U.S. exports on high tariffs - 10 hours 35 min ago

New York Times - Japanese Automakers Warn of Billions in Tariff Losses - 13 hours 51 min ago

Indiatimes - ‘It’s simply common sense!’: Justice Thomas grills Dem lawyer in SC clash over Trump tariff legality - 14 hours 54 min ago

Block sinks 10% after weak third quarter results miss Wall Street estimates
CNBC - 9 hours 15 min ago
Block's third-quarter revenue missed Wall Street estimates and showed slowing profit growth from Square.

COMMENTARY:

Indiatimes - AI bubble bursting or deeper market correction? US stocks plunge as Nvidia crashes 4% and Palantir slides 1.2% — Wall Street’s favorite AI synonyms tumble big - 7 hours 53 min ago

BusinessInsider - Missed a promotion on Wall Street? Here is why it is not the end. - 11 hours 38 min ago

Bessent says new rare earth factory will cut costs, break China’s 'chokehold' on industry
FOX Business - 10 hours 5 min ago
Treasury Secretary Scott Bessent highlights South Carolina's rare earth facility as economic win, creating jobs and cutting costs under President Donald Trump.

COMMENTARY:

SCMP - Michael Spence on China: fix property, boost confidence – tariffs are secondary - 42 min 24 sec ago

Indiatimes - The people’s game: How China’s rural soccer leagues are rebuilding faith in a broken sport - 7 hours 3 min ago

Tesla says shareholders approve Musk's $1 trillion pay plan with over 75% voting in favor
CNBC - 12 hours 37 min ago
Tesla shareholders approved CEO Elon Musk's historic pay package at the company's annual shareholders meeting in Austin, Texas.

RELATED:

BBC - Why human-shaped robots loom large in Musk's Tesla plans - 13 hours 27 min ago

NDTV - What Elon Musk Must Do To Unlock $1 Trillion Tesla Pay Package - 16 hours 8 min ago

CNBC - Elon Musk says Tesla needs to build 'gigantic chip fab' to meet AI and robotics needs - 22 hours 20 sec ago

COMMENTARY:

Indiatimes - Tesla stock drops today: Here’s how Elon Musk just lost $10 billion from his net worth - 3 hours 5 min ago

The Guardian - ‘Musk is Tesla and Tesla is Musk’ – why investors are happy to pay him $1tn - 10 hours 27 min ago

BusinessInsider - How Tesla has prepared to defend Musk's mega pay package from legal challenges - 14 hours 47 min ago

The Independent - Tesla awards Elon Musk $1 trillion payday after board warned he might walk away - 16 hours 41 min ago

Google's decade-long bet on custom chips is turning into company's secret weapon in AI race
CNBC - 12 hours 59 min ago
Google's cloud business is a primary engine of growth, and the company's custom-built chips called Tensor Processing Units are helping drive it.

NDTV - Google Plans AI Data Centre On Australia's Remote Indian Ocean Outpost - 22 hours 22 min ago

COMMENTARY:

BusinessInsider - YouTube's leverage in its fight with Disney goes beyond support from Google - 6 hours 26 min ago

The Independent - Google to build huge new AI data centre on tiny Australian island - 10 hours 24 min ago

The Guardian - Google to build new AI datacentre on tiny Australian Indian Ocean outpost after signing defence deal - 17 hours 14 min ago

The Hindu - Google planning powerful AI data centre on Christmas Island - 20 hours 50 min ago

Four held after protesters set off flares during Israeli orchestra concert in Paris
BBC - 14 hours 22 min ago
Clashes broke out during one of three disruptions to the performance featuring conductor Lahav Shani.

RELATED:

BBC - Hundreds of protesters at Aston Villa v Maccabi Tel Aviv match - 23 hours 31 min ago

'I thought it was a prank' - How a Brazilian woman became the face of India vote fraud row
BBC - 15 hours 10 min ago
Congress MP Rahul Gandhi alleges that Larissa Nery's photo appeared on the voters' list in Haryana 22 times.

COMMENTARY:

The Independent - Letitia James calls mortgage fraud case against her vindictive and asks judge to dismiss it - 3 hours 12 min ago

Indiatimes - ED arrests consultant in Anil Dhirubhai Ambani group loan fraud case - 7 hours 10 min ago

AllAfrica - Namibia: N$3m Fraud Charges Against Businessman - 14 hours 41 min ago

Qantas releases first images of Airbus aircraft set to fly non-stop from Sydney to New York and London
CNBC - 16 hours 42 min ago
The specially configured aircraft was depicted on an assembly line in France, with its fuselage sections, wings and landing gear now all attached.

COMMENTARY:

The Guardian - Qantas releases images of ultra long range Airbus that will fly non-stop from Sydney to London and New York - 23 hours 36 min ago

Hotter Than Spa Bath: Amazon Lake Hit 41 Degrees Celsius In 2023, Killing Several Dolphins
NDTV - 19 hours 15 min ago
A brutal drought and extreme heat wave that began in September 2023 had transformed the lake into a steaming cauldron, its waters reaching 41 degrees Celsius -- hotter than most spa baths.

COMMENTARY:

BusinessInsider - Amazon is selling the KitchenAid hand mixer at an all-time low — Get $50 off - 5 hours 29 min ago