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South Korea unexpectedly cuts rates by 25 basis points — first back-to-back cuts since 2009
South Korea on Thursday cut its benchmark interest rate by 25 basis points in a surprise move, as the country strives to boost its economy amid growth concerns. This was the first time the BOK enacted two back-to-back cuts since 2009. It had cut rates by 25 bps in its last meeting in October.…
Published: 2024-11-28 03:23:30
South Korea's central bank cuts a key rate to nurse a slower economy
South Korea’s central bank has lowered its key policy rate for the second straight month and says the country’s economy will grow at a slower pace than it initially anticipated
Published: 2024-11-28 03:23:32
Yen Weakens on Likely Position Adjustments
The yen weakened against other G-10 and Asian currencies in the morning session on likely position adjustments by market participants after the Japanese currency’s recent rally.
Published: 2024-11-28 03:23:45
Retail Investors Are Key to Sustaining China's Stock-Market Rally
Retail investors in China shied away from stocks as markets dropped in 2022 and 2023, but they’ve been roused awake this year by Beijing’s efforts to bolster the economy.
Published: 2024-11-28 03:23:40
Asia-Pacific markets mixed as investors assess South Korea's surprise interest rate cut
Asia-Pacific markets traded mixed on Thursday after Wall Street rally stalled overnight and as investors assessed a surprise interest rate cut by South Korea. The U.S. personal consumption expenditure price index, or PCE, rose 2.3% on an annualized basis, accelerating from 2.1% in September. The…
Published: 2024-11-28 03:12:41
Lynas CEO: Cheap power 'fundamental' to Australia's industrial hopes
SYDNEY -- Australian rare earths producer Lynas won't move to more advanced processing at its new plant in Western Australia "without low-cost reliable power," said CEO Amanda Lacaze, noting that energy constraints risk holding back the country's broader manufacturing ambitions. The company opened…
Published: 2024-11-28 03:12:35
Mark Zuckerberg met with Donald Trump at Mar-a-Lago on November 27; sources: Zuckerberg, who has had a strained relationship with Trump, initiated the meeting
Mark Zuckerberg Meets With Trump at Mar-a-Lago The president-elect has long been critical of Mr. Zuckerberg’s social media platforms, saying they censor conservative viewpoints. Mark Zuckerberg met on Wednesday with President-elect Donald J. Trump in a rare face-to-face encounter, the latest…
Published: 2024-11-28 03:12:25
White House Crypto Czar?
We don't know a lot yet about Donald Trump's crypto plans, but we can at least see what's happened so far. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. <a href="https://www.coindesk.com/newsletters/state-of-crypto"…
Published: 2024-11-28 03:12:23
Pete Hegseth Reacts After Targeted Threat: 'Will Not Be Bullied'
Hegseth is one of several Trump Cabinet nominees who were purportedly targeted by bomb threats and swatting this week.
Published: 2024-11-28 03:12:24
Asia likely to benefit from cheaper Canadian and Mexican oil if Trump imposes tariffs
Two sources familiar with Trump's plan say that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico.
Published: 2024-11-28 03:12:37
Online marketing costs jump amid bidding war by Temu and Shein
Both platforms' aggressive bids on search keywords used by competitors make it more costly for other retailers and brands to reach shoppers on Black Friday.
Published: 2024-11-28 03:12:20
CEOs are warning Trump tariffs will hit consumers: ‘Higher prices are not helpful’
The Tariff Man’s arrival is nigh, and executives aren’t exactly setting out cookies and milk for his visit. Rather, Fortune 500 CEOs are bracing for a period of high costs which, of course, will be hoisted onto the shoulders of already beleaguered consumers. This week, President-elect Donald Trump…
Published: 2024-11-28 03:01:45
Yen rises to 150, erasing losses from post-election Trump trades
TOKYO -- The Japanese yen appreciated to the upper 150 level to the dollar overnight Thursday, clawing back losses from Donald Trump's return to power. The currency passed the 151 mark for the first time since Oct. 22 after last month's U.S. consumer spending accelerated slightly more than expected.
Published: 2024-11-28 03:01:31
Thanksgiving Dinner Will Be 19% More Expensive This Year Than Before Biden Was Elected
Thanksgiving Dinner Will Be 19% More Expensive This Year Than Before Biden Was Elected Each year the American Farm Bureau Federation releases a price survey of classic items found on the Thanksgiving dinner table. This year, the average cost of feasting stands at $54.33, which is less than last…
Published: 2024-11-28 03:01:42
Exxon lobbyist probed over hacked papers that disrupted climate lawsuits
The stolen material continues to be used today to counter litigation claiming the oil giant misled the public and its investors about the risks of climate change.
Published: 2024-11-28 03:01:46
SoftBank seeks to buy $1.5 billion OpenAI shares from employees
SoftBank Group is aiming to increase its stake in OpenAI by acquiring up to $1.5 billion in shares from the startup’s employees, according to people familiar with the matter. The company will make a tender offer for the stock, allowing OpenAI employees to cash in shares if they choose. SoftBank…
Published: 2024-11-28 03:01:13
A Full List of Stores Closed on Thanksgiving Day
Thanksgiving has arrived, and with it comes the much-anticipated start of the Christmas season. For many people, the beloved November holiday provides a chance to gather with loved ones, indulge in a special meal or a day of relaxation, as well as embrace some early Black Friday shopping. However…
Published: 2024-11-28 02:51:02
S&P 500 Gains and Losses Today: Shares of PC Makers Fall as AI Adoption Stumbles
Key Takeaways - The S&P 500 slipped 0.4% on Wednesday, Nov. 27, as the latest PCE report revealed a slight month-over-month uptick in inflation during October. - Shares of HP and Dell moved lower after mixed earnings reports from the computer makers raised concerns about PC demand and the pace of…
Published: 2024-11-28 02:50:33
U.S. Border Agents Seize 3,000 Fake Gibson Guitars
At a glance, the Gibson guitars look like some of the most coveted six-stringed instruments in the world, including signature models played by Dave Grohl that sell for up to $10,000 and some that looked as if they had been autographed by Slash. A closer look by any guitar connoisseur, though,…
Published: 2024-11-28 02:50:33
Will The Bitcoin Price Repeat the November 28 ATH Pattern of 2013 and 2017 in 2024?
Published: 2024-11-28 02:50:24
Stable Indian Rupee Weathers Currency Storm Unleashed By Trump's Tariff Threats
Published: 2024-11-28 03:01:43
Sheinbaum: Mexico to build bridges, not close borders
More to come......
Published: 2024-11-28 02:50:23
Asian stocks subdued, dollar drifts ahead of US Thanksgiving
By Ankur Banerjee SINGAPORE (Reuters) - Asian shares were subdued on Thursday and the dollar was on the defensive after U.S. data showed progress in slowing inflation had stalled even as the economy remained resilient, raising doubt over the path the Federal Reserve could take next year. With the…
Published: 2024-11-28 02:39:32
Trump voters feel very differently about things now that he’s won, our new poll shows
Published: 2024-11-28 02:39:24
Are banks open today? Federal bank holidays in 2024
Key takeaways Most banks are closed on the 11 holidays when the Federal Reserve is closed. You can usually find alternative ways to bank when your bank isn’t open. A bank holiday, like a weekend, can affect how long it takes for funds from a check to become available in your account. Bank holidays…
Published: 2024-11-28 02:39:22
South Korea’s central bank cuts a key rate to nurse a slower economy
South Korea’s central bank has lowered its key policy rate for the second straight month and says the country’s economy will grow at a slower pace than it initially anticipated.
Published: 2024-11-28 03:12:26
Oil edges lower after jump in US gasoline stocks, OPEC+ supply decision in focus
Oil prices edged lower in Asian trading on Thursday, after a surprise jump in U.S. gasoline stocks ahead of the nation's Thanksgiving holiday sparked worry over demand in the top consumer of the motor fuel.
Published: 2024-11-28 02:39:27
China's state media praise some U.S. firms amid fears of a new trade war
China's state media have praised some U.S. firms for "strong collaboration" - commentary that comes amid fears of a trade war and is reminiscent of how tensions with the U.S. were covered by Chinese newspapers during Donald Trump's first presidency.
Published: 2024-11-28 02:39:16
Asia mixed after South Korea's unexpected rate cut
Major stock indexes in the Asia-Pacific region traded mixed on Thursday after South Korea's central bank unexpectedly slashed its benchmark interest rate by 25 basis points to 3%. South Korea&#39...
Published: 2024-11-28 02:39:20
Financialization & Missed Boats: When Mythology Papers Over Reality
Financialization & Missed Boats: When Mythology Papers Over Reality Authored by David Bahnsen via The American Institute for Economic Research, Executive Summary Despite its ubiquitous use in modern America, the term ‘financialization’ is deeply misunderstood. Evidence shows the concept’s…
Published: 2024-11-28 02:39:38
No, Broadcom did not just end VMware's flagship VCDX certification program
No, Broadcom did not just end VMware's flagship VCDX certification program Sure, it sent an email and FAQ saying it had – but that was a mistake, you see Broadcom has made an embarrassing mistake: sending an email in which it mistakenly announced the end of its VMware Certified Design Expert…
Published: 2024-11-28 02:39:18
Taiwan-Lithuania ties face test with eastern Europe in China's thrall
HAMBURG, Germany -- Taiwanese Foreign Minister Lin Chia-lung's recent weeklong visit to Lithuania produced two agreements for collaboration on drones and a speech about the democratic values the island shares with the Baltic country. But Lin's trip, which also took him briefly to Belgium and…
Published: 2024-11-28 02:28:32
United Airlines Reports Major Delays At Newark Airport Due To Ongoing Air Traffic Controller Shortage
United Airlines continues to be dissatisfied with the air traffic control situation at its primary hub at Newark Liberty International Airport (EWR). The United States has been grappling with a shortage of ATC personnel, and some airports, like Newark, have been affected more than…
Published: 2024-11-28 02:28:19
Hong Kong stocks slide after posting biggest gain in 5 weeks
Stocks struggle to emerge from a slump that has dragged benchmark down 16 per cent from this year’s high in October.
Published: 2024-11-28 02:28:09
Trump speaks with Mexico's president, claims an agreement to effectively close the border
Two days after President-elect Donald Trump threatened to impose sweeping new tariffs on Canada and Mexico as part of his effort to crack down on illegal immigration and drugs, he says he spoke with the Mexican president and she “agreed to stop Migrati...
Published: 2024-11-28 02:28:28
South Korean central bank surprises with rate cut
BUSAN, South Korea -- South Korea's central bank surprised observers by cutting the key rate for a second consecutive meeting on Thursday, amid projections of slow growth for Asia's fourth-largest economy. The Bank of Korea trimmed its benchmark rate by a quarter percentage point to 3%, following…
Published: 2024-11-28 02:17:51
Microsoft says a feature to let US users play and buy Xbox games from the Xbox app on Android is “ready to go live as soon as the court makes a final decision”
A few weeks ago, Microsoft exec Sarah Bond said that in November, “players will be able to play and purchase Xbox games directly from the Xbox App on Android.” It’s almost December and the feature still isn’t live, but Bond says it’s not Microsoft’s fault. The problem, as she puts it, is that…
Published: 2024-11-28 02:17:27
Malaysian air cargo operator banks on China-ASEAN e-commerce
KUALA LUMPUR -- Teleport, a Malaysian air cargo operator, is seeking to take advantage of the growing volume of parcels moving between China and Southeast Asian countries as e-commerce platforms expand their cross-border services. The company recently opened an office in the southeastern Chinese…
Published: 2024-11-28 02:17:15
5 Things to Know Before the Stock Market Opens
Investors are awaiting today's release of the Personal Consumption Expenditures (PCE) inflation report for October, which is expected to show increasing price pressures; U.S. stock futures are little changed as investors await economic data and the Thanksgiving holiday; Dell (DELL) stock is…
Published: 2024-11-28 02:17:09
Elon Musk Wants to ‘Delete’ the Consumer Financial Protection Bureau
Musk posted “Delete CFPB. There are too many duplicative regulatory agencies,” on X.
Published: 2024-11-28 02:28:04
Mexico's president and Trump had an upbeat call despite dust-up over tariffs
President-elect Donald Trump said his conversation Wednesday with Mexican President Claudia Sheinbaum was “wonderful” and “very productive.” She, in turn, described their phone call as “excellent.” Their upbeat readouts on the call marked a contrast from earlier in the week, when Trump warned he…
Published: 2024-11-28 02:17:11
Israel bombs 2 houses, school in North Gaza
Israel attacked the Beit Lahiya area in Gaza bombing two houses that resulted in at least four casualties, according to a report by the Palestinian Information Center, as well as the Quds News Network...
Published: 2024-11-28 02:17:26
3 killed in fiery Tesla Cybertruck crash in northern California
PIEDMONT, Calif. — Three people were killed and one seriously injured early Wednesday when a Tesla Cybertruck crashed and caught fire in northern California, officials said. Piedmont Police Chief Jeremy Bowers said speed was likely a factor in the single-vehicle collision, but he added that…
Published: 2024-11-28 02:06:18
JGBs Edge Higher, Tracking Gains in U.S. Treasurys
Japanese government bonds edged higher in Tokyo’s morning session, tracking overnight price gains in U.S. Treasurys.
Published: 2024-11-28 02:17:25
Is McDonald’s open on Thanksgiving?
Thanksgiving Day celebrates gratitude shared among family, friends, and loved ones, but one cannot deny that food also plays a significant role in the celebration. Many families all over the U.S. spend half a day cooking and making sure everyone is well-fed. However, not everyone has the patience…
Published: 2024-11-28 02:17:10
Amazon develops video AI model, The Information reports
Amazon has developed new generative artificial intelligence that can process images and video in addition to text, The Information reported on Wednesday.
Published: 2024-11-28 02:06:06
Chinese companies rush to tap convertible bond market
Alibaba and Ping An among corporates attracted to cheaper form of financing
Published: 2024-11-28 02:17:16
Trump speaks with Mexico’s president, claims an agreement to effectively close the border
Two days after President-elect Donald Trump threatened to impose sweeping new tariffs on Canada and Mexico as part of his effort to crack down on illegal immigration and drugs, he says he spoke with the Mexican president and she “agreed to stop Migration through Mexico.”.
Published: 2024-11-28 03:12:30
Arabica Futures Surge Into Blue-Sky Breakout As Traders Panic: "We Might Not Have Enough Coffee"
Arabica Futures Surge Into Blue-Sky Breakout As Traders Panic: "We Might Not Have Enough Coffee" Arabica coffee futures blasted through March 1977 highs into blue sky breakout territory as traders panicked about global supply fears originating in Brazil, the world's top producer. Arabica beans…
Published: 2024-11-28 02:06:12
China’s unicorns driving Asia’s growth story
At the Smart Nation Expo 2024 in Kuala Lumpur from November 21, Ge Jun, Co-Chair of the Board of TOJOY Holding and CEO of TOJOY Enterprise Services, delivered a bold message about the role of China’s unicorns in shaping the future of productivity and innovation across Asia. His speech, part of…
Published: 2024-11-28 02:06:18
Zuckerberg meets with Trump in Florida
Facebook founder Mark Zuckerbeg made the trek to Mar-a-Lago on Wednesday, where he met with President-elect Donald Trump and members of his soon-to-be second administration. The Meta CEO was seen with a large security and staff presence while at Trump’s private Palm Beach club in the evening, a…
Published: 2024-11-28 02:06:27
First 24-hour US stock exchange approved
First 24-hour US stock exchange approved Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial.
Published: 2024-11-28 01:55:23
Social Security Retirees Just Got Bad News About the 2025 Cost-of-Living Adjustment (COLA)
Social Security benefits are adjusted annually to account for inflation in the previous year. For instance, retirees and other beneficiaries will receive a 2.5% cost-of-living adjustment (COLA) in 2025 to account for rising prices in 2024. Unfortunately, that will be the smallest increase in…
Published: 2024-11-28 01:55:11
‘Buckle up, Buttercup’: Rep. Crockett sounds alarm over Trump economic agenda
It's time to buckle up, buttercup,” says Rep. Jasmine Crockett, warning about the effects of Trump's economic agenda, “Because it ...
Published: 2024-11-28 02:11:44
Filing: Intel's $7.86B US government subsidy requires the company to own at least 50.1% of Intel Foundry if the unit is split into a new privately held entity
Published: 2024-11-28 01:55:07
Gold Lower; Price Likely to Be Volatile Near Term
Gold fell in early Asian trading as prices rebounded slightly overnight on a weaker U.S. dollar but trimmed gains after U.S. data showed stalled inflation progress, UOB analysts say in a commentary.
Published: 2024-11-28 02:06:15
What Donald Trump Has Said About Mark Zuckerberg
Trump has threatened to jail Zuckerberg, accused Zuckerberg of plotting against him, and called him "Zuckerbucks" and "Zuckerschmuck."
Published: 2024-11-28 01:54:59
Oil Prices Steady; Market Await OPEC Meeting Results
Oil prices were flat in early Asian trading. The market is waiting for the next move by OPEC, ANZ research analysts said.
Published: 2024-11-28 01:55:10
Real estate worth ¥25 trillion puts Japan companies in spotlight
The hidden value of property on corporate balance sheets is a theme behind some of the biggest activist campaigns and mergers and acquisitions in Japan.
Published: 2024-11-28 01:44:14
FTC’s latest case against Microsoft represents Lina Khan’s last swing against Big Tech
The move by Khan, who has less than two months remaining in office before the Trump administration takes over, is one last attempt to rein in Big Tech.
Published: 2024-11-28 02:50:34
Donald Trump Says Mexico Will Stop People Going to Border
In a post on Truth Social on Wednesday, Trump said he spoke with Mexico's new president about immigration.
Published: 2024-11-28 01:44:13
Conditions in Gaza City 'very miserable,' UNRWA says
Lacking adequate shelter, Gaza City's remaining residents are seeking refuge in "bombed-out buildings" or "under fabric, plastic sheeting, blankets," Louise Wateridge, senior e...
Published: 2024-11-28 01:44:10
In The Beginning, There Was Pax Americana
In The Beginning, There Was Pax Americana Authored by Lorenzo Maria Pacini, We often speak of the collective West, Hegemon, Seapower and Civilization of the Sea in relation to the United States of America. It is necessary to understand well what is the origin of this geopolitically determinant…
Published: 2024-11-28 01:32:58
India spending $170M to take its tax system paperless by rebuilding three legacy systems
India spending $170M to take its tax system paperless by rebuilding three legacy systems Let's see how this goes India has decided to rebuild the platforms it uses for handle tax matters and make its system paperless. The initiative, called the "PAN 2.0 Project," was approved on Monday by the…
Published: 2024-11-28 01:32:59
Google Asks Court to Throw Out Ruling in Antitrust Case
Google reportedly said in a Wednesday (Nov. 27) court filing that a judge’s ruling in an antitrust case brought by Epic Games should be thrown out. The ruling contested by Google would force the tech giant to make changes to its Google Play app store, Bloomberg reported. Google said in its filing…
Published: 2024-11-28 01:55:10
LIST: Here is where to get a free Thanksgiving meal in WNC
This year, some Western North Carolina restaurants, churches and organizations are offering free Thanksgiving meals to aid locals in returning to normalcy after Helene. The following are offering cost-free lunch or dinner on Turkey Day: Radiant Church's 'Feed the 828' Thanksgiving Community…
Published: 2024-11-28 01:22:28
Cash-strapped Britain to water down green targets as economic reality bites
LONDON — Faced with a clash between driving growth and going green, the new U.K. Labour government has sent a signal about its priorities: staying in power trumps all. Prime Minister Keir Starmer’s government is poised to relax rules on U.K. electric vehicle (EV) sales, which are central to his…
Published: 2024-11-28 01:21:39
What restaurants are offering Black Friday deals in 2024?
Although Thanksgiving is a holiday that doesn't lack food, not everyone has the same cooking abilities or wants to spend hours working in the kitchen on Thursday. Even for those who do cook, sometimes eating leftovers simply doesn't sound appetizing. 🚨Don’t Miss this amazing Black Friday Move! Get…
Published: 2024-11-28 01:32:39
Sequoia Capital’s former China unit steps up push for global deals
Neil Shen’s HongShan has struggled to invest its $9bn cash pile in a weak domestic market and tough US controls
Published: 2024-11-28 02:39:40
Ex-TV host Charlie Rose settles sexual harassment lawsuit years after his #MeToo-era ouster
Ex-TV host Charlie Rose settles sexual harassment lawsuit years after his #MeToo-era ouster NEW YORK (AP) — Former TV host Charlie Rose has resolved a sexual harassment lawsuit brought by three women in the wake of his #MeToo-era ouster from CBS News in 2017 and the cancellation of his…
Published: 2024-11-28 01:22:02
F.T.C. Launches Antitrust Investigation Into Microsoft
Regulators are demanding information from the company on its cloud computing, artificial intelligence and cybersecurity products.
Published: 2024-11-28 02:39:22
Trump says he spoke to Mexico's president about ending migration into U.S
President-elect Trump said Wednesday he spoke to Mexican President Claudia Sheinbaum about stopping migration into the U.S. The big picture: It comes a day after the recently-inaugurated Sheinbaum said she would impose tariffs in retaliation to those proposed by Trump. The U.S. president-elect…
Published: 2024-11-28 01:22:00
Japan companies go for short-term commercial paper on BOJ hike concerns
TOKYO -- Companies in Japan are reducing the maturity periods of their commercial paper, short-term debt instruments that they use to manage immediate financing needs. Market expectations that the Bank of Japan may raise interest rates at its December policy meeting have led to concerns about…
Published: 2024-11-28 01:10:56
Intel's $7.86 billion subsidy deal restricts sale of its manufacturing unit
Published: 2024-11-28 01:10:42
N.J. Exclusion of Churches from Broadly Available Historical Restoration Grants Violates Free Exercise Clause
The Volokh Conspiracy Mostly law professors | Sometimes contrarian | Often libertarian | Always independent So holds Judge Evelyn Padin (D.N.J.) in today's Mendham Methodist Church v. Morris County. The court applies recent Supreme Court cases, such as Carson v. Makin (2022) and Espinoza v.…
Published: 2024-11-28 01:22:00
Trump Rounds Out Cabinet Picks | Balance of Power
"Balance of Power" focuses on the intersection of politics and global business. On today's show, Betsey Stevenson, University of ...
Published: 2024-11-28 02:11:22
How A Contestant on 'The Price Is Right' Hurt Himself During The Show
One contestant on the popular game show injured himself during an episode, leaving host Drew Carey laughing.
Published: 2024-11-28 01:10:41
New Engine Beats Ford, General Motors, and Tesla By a Mile With 200% More Efficiency, 100% More Power, and 50% of the Weight
Less than $10/month! View ALL results for your Stocks, ETFs and Funds Screeners with Barchart Plus. FREE 30 Day Trial - Market Pulse - - Options Market Overview - Unusual Options Activity - IV Rank and IV Percentile - Implied vs Realized Vol - Most Active Options - Highest Open Positions - Unusual…
Published: 2024-11-28 01:21:34
Has tipping reached a tipping point?
A November 2023 survey from the Pew Research Center found that 72% of people think tipping is expected in more places than it was five years ago.
Published: 2024-11-28 01:10:36
Trump Praises 'Wonderful Conversation' With Mexican President Sheinbaum: 'She Has Agreed To Stop Migration'
President-elect Donald Trump said he has had a “wonderful conversation” with Mexico’s President, Claudia Sheinbaum, aimed at curbing migration and drug inflow into the United States. What Happened: On Wednesday, Trump shared on Truth Social about a productive conversation he had with Sheinbaum.…
Published: 2024-11-28 01:10:57
What the Adani allegations highlight about India's clean energy push
Bribery allegations against Adani Group founder Gautam Adani have highlighted the growing problem India's renewable energy developers face in finding buyers for the power they generate.
Published: 2024-11-28 01:10:56
Bank of Japan's latent losses on JGBs hits record ¥13.66 trillion
JGB prices fell after the central bank ended its negative interest rate policy in March and raised interest rates in July.
Published: 2024-11-28 02:39:15
GOP Rep. Van Orden willing to 'pay more for guacamole' if it means getting rid of fentanyl
Republican Rep. Derrick Van Orden (Wis.) said he is willing to “pay more for guacamole” under President-elect Trump’s tariff plan if it means getting rid of fentanyl across the country. Van Orden joined CNN’s Boris Sanchez on Wednesday and was asked how the GOP plans to implement the tariff plan…
Published: 2024-11-28 01:10:41
On Joe Rogan's podcast, Marc Andreessen criticizes the “raw administrative power” of US agencies like the CFPB, SEC, and FTC, discusses Elon Musk and DOGE, more
Marc Andreessen discussed Elon Musk and the Department of Government Efficiency on Joe Rogan's podcast. - He criticized the "raw administrative power" of independent federal agencies like the SEC, FTC, and CFPB. - The investor highlighted Musk's direct business approach as a model for government…
Published: 2024-11-28 01:00:02
Microsoft faces wide-ranging US antitrust probe
The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing businesses, a source familiar with the matter said on Wednesday. The probe was approved by FTC Chair Lina Khan ahead of her likely departure in…
Published: 2024-11-28 01:00:00
In photos: Native American Heritage Month
This year's Native American Heritage Month, in November, comes after the Indigenous population in the United States grew to the largest it's been in modern times, with 3.7 million people identifying as Native American or Alaska Native over the last decade, per the U.S. Census. Through the lens:…
Published: 2024-11-28 01:10:56
Electric Revenge: Texas Sues BlackRock And Others For 'Conspiring' To Quash Coal, Sending Energy Prices Soaring
Electric Revenge: Texas Sues BlackRock And Others For 'Conspiring' To Quash Coal, Sending Energy Prices Soaring Texas is leading a new lawsuit with 10 other red states against BlackRock, Vanguard and State Street for allegedly breaking antitrust law by colluding to suppress coal - causing…
Published: 2024-11-28 01:11:10
CNBC Daily Open: U.S. inflation edged up but investors aren’t fazed
Investors and the U.S. Federal Reserve have plenty to be grateful for this Thanksgiving.
Published: 2024-11-28 01:10:57
Pepe Set to Join Dogecoin, Shiba Inu As Multi-Billion Dollar Meme Coin By 2025: 'Massive Breakout' Coming Soon, Trader Predicts
Published: 2024-11-28 00:59:46
Top Artists Use ‘Amazon Music Live’ to Highlight Big Projects
Major artists are promoting new projects on Amazon Music Live.
Published: 2024-11-28 01:11:01
Australia's hot jobs market keeps rate cuts out of reach
Australia's world-beating labour market is one of the main obstacles stopping the country's central bank from joining global peers in reversing the most aggressive policy tightening cycle in decades.
Published: 2024-11-28 00:59:34
Trump says US southern border 'effectively closed' with Mexico's help
More to come......
Published: 2024-11-28 00:59:36
Chinese museum gives light to migrant letters
The News A Chinese museum is dedicated to preserving letters written across the centuries by migrants to loved ones back home. The 1800s and 1900s saw a wave of migration from China, with millions of people, many from the Teochew ethnic group, seeking to escape poverty in their homeland for a…
Published: 2024-11-28 01:21:57
Euro jump, rising yen put brakes on the dollar
The euro clung to its sharpest rise in four months on Thursday following hawkish remarks from a central bank policymaker, while the yen powered toward its strongest week in three months on growing bets Japan could hike interest rates in December.
Published: 2024-11-28 00:48:35
Full List of Airports Hit With Winter Weather Flight Delays
Bitterly cold temperatures and heavy snowfall are expected in large parts of the country over Thanksgiving.
Published: 2024-11-28 00:48:39
Activists revive Taiwan language
The News A native Taiwanese language is undergoing a revival after more than a century of diminishing use. The disappearance of Tâi-gí, a variety of Hokkien, “is tied to a long history of colonization,” The Dial wrote. When Taiwan came under Japanese rule in the 1800s, Japanese became the dominant…
Published: 2024-11-28 01:21:56
What ‘Buy Now, Pay Later’ Could Be Costing You
“Buy now, pay later” is more popular than ever, but it’s not without downsides.
Published: 2024-11-28 00:59:32
FTC to Expand Telemarketing Sales Rule to Combat Tech Support Scams
The Federal Trade Commission (FTC) is a step closer to expanding its Telemarketing Sales Rule (TSR) to enable it to combat tech support scams. After announcing the proposal in April and receiving public comment on it, the regulator approved final amendments to its TSR and included them in a final…
Published: 2024-11-28 01:54:57
BlackRock has deal to buy private credit manager HPS, FT reports
BlackRock has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday.
Published: 2024-11-28 00:37:47
To cut or not to cut the dividend? That is the question for BCE Inc
BCE Inc.’s stock has long been valued by Canadian investors for its rich dividend and regular increases. But some institutional investors say the company should make the difficult decision to cut it – by as much as half. Last month, BCE BCE-T said that as part of its plans to acquire U.S.-based…
Published: 2024-11-28 00:48:44
Australian Senate debates social media ban for under-16s
By Rod McGuirk | Associated Press MELBOURNE, Australia — The Australian Senate on Thursday began considering a ban on children younger than 16 years old from social media after the House of Representatives overwhelmingly supported the age restriction. The world-first bill that would make platforms…
Published: 2024-11-28 00:37:32
Chinese EVs are poised to push out to global markets, using Hong Kong as a stepping stone
Chinese EVs are poised to push out to global markets, using Hong Kong as a stepping stone Hong Kong ‘can act as a two-way gateway for Chinese EV makers to go overseas and bring in new technologies’ The China Association of Automobile Manufacturers (CAAM) hosted its first automotive industry supply…
Published: 2024-11-28 00:37:48
With Retailers Preparing for Black Friday, Here’s What’s Open on Thanksgiving
With Black Friday coming up, some retailers will be closed on Thanksgiving.
Published: 2024-11-28 00:48:34
Biden Asks Congress To Authorize $24BN More To Spend On Ukraine
Biden Asks Congress To Authorize $24BN More To Spend On Ukraine Authored by Dave DeCamp via AntiWar.com, The Biden administration has asked Congress to approve $24 billion in additional spending on Ukraine as it’s working to ramp up the proxy war as much as possible during President Biden’s…
Published: 2024-11-28 00:26:55
Alberta’s plan to defy emissions cap raises concerns of overreach and disclosure for energy companies
Alberta’s vow to assume control of corporate greenhouse gas data in a fight against Ottawa’s oil and gas emissions cap would mean significant government overreach into private operations and create new legal risks for energy companies, law experts say. Alberta’s United Conservative Party…
Published: 2024-11-28 00:48:33
US regulator opens wide-ranging antitrust probe into Microsoft
The U.S. Federal Trade Commission opened a broad antitrust investigation into Microsoft , a source familiar with the matter said on Wednesday, making it the latest Big Tech firm to come under scrutiny from regulators.
Published: 2024-11-28 00:26:34
Tutankhamun: the mystery of the boy pharaoh's pierced ears
Ever since British archaeologist Howard Carter first peered into the tomb of ancient Egyptian pharaoh Tutankhamun, 100 years ago, the mystery of the boy king's death has captivated historians and amateurs alike. That mystery recently "took another turn", said the Daily Express. Researchers propose…
Published: 2024-11-28 00:26:33
Filing: Zoom offers $18M to settle an SEC probe from 2020 over the company's privacy policies and communications, as its popularity surged during the pandemic
Published: 2024-11-28 00:15:50
Romania's regulator calls for TikTok's suspension after an ultranationalist's shock first-round win fueled by viral TikTok videos, amid vote interference fears
Romania’s telecoms regulator is asking for TikTok to be suspended as the country’s defence council prepares to discuss cyber risks to its elections, after a little-known ultranationalist came from nowhere to win the first round of the presidential vote. The country’s constitutional court will also…
Published: 2024-11-28 00:15:43
Microsoft is being investigated by the FTC over antitrust concerns
Microsoft is being investigated by the Federal Trade Commission in a wide-ranging antitrust probe, making it the fifth Big Tech company to fall under such scrutiny in several years. The agency is looking into Microsoft’s cloud and software licensing business, cybersecurity services, and AI…
Published: 2024-11-28 00:15:33
Chinese hackers breached T-Mobile's routers to scope out network
T-Mobile says the Chinese "Salt Typhoon" hackers who recently compromised its systems as part of a series of telecom breaches first hacked into some of its routers to explore ways to navigate laterally through the network. However, the company says its engineers blocked the threat actors before…
Published: 2024-11-28 00:15:24
My solo trip to Greece helped me reset, but there are 5 things that would've made it even better
Katka Lapelosova took a solo trip to Zakynthos, a Greek island. Katka Lapelosova In September, Katka Lapelosova took a solo trip to Greece. While she enjoyed the six days in Zakynthos, it wasn't the stress-free vacation she'd hoped for. If she could do it over, she'd travel there with friends and…
Published: 2024-11-28 00:26:47
I had my first 2 kids in my early 30s and thought I was done. I fell in love again and had a baby in my 40s
had two kids in her late 20s and a third one in her late 30s. Ekaterina Vasileva-Bagler/Getty Images I thought I was done having kids when I had two, which included challenging C-sections. I was in a new relationship with someone who wanted kids, so I reexamined how I felt. I felt more empowered…
Published: 2024-11-28 00:26:40
Time spent online by adults in the UK jumped by nearly an hour in 2024 says Ofcom
Adults are spending an average of 4 hours and 20 minutes each day online across smartphones, tablets and computers in the U.K., according to figures from Ofcom’s annual Online Nation report diving into consumer digital habits. The figure is a big jump compared to 2023, when adults over 18 spent an…
Published: 2024-11-28 00:15:32
As Supply Chains Go Digital, Cybersecurity Must be Strongest Link
Cyber breaches, not coal in their stocking, is what businesses are worried about this holiday season. With the news Monday (Nov. 25) that supply chain management software provider Blue Yonder was reportedly been hit by a ransomware attack whose downstream impact affected large enterprise customers…
Published: 2024-11-28 00:26:40
How vital is a company's CEO?
How vital is a company's CEO? Boeing, Nike and Starbucks have all changed their chief executives in recent months. But just how important is the person in the top job for the successful running of such huge companies? “There’s only one cat who’s on the hot seat,” says Alan Lafley, who was CEO of…
Published: 2024-11-28 00:15:49
I stayed in a 110-year-old ship that's been converted into a beachfront hotel. It was a great retreat from living in a concrete jungle
Doulos Phos The Ship Hotel in Bintan Indonesia. Aditi Bharade I stayed in Doulos Phos The Ship Hotel, a short ferry ride from Singapore. The 110-year-old ship was brought to its resting place in Indonesia and renovated into a hotel. It was a unique respite from the hustle and bustle of…
Published: 2024-11-28 00:15:38
Uber Cooperates With FTC Investigation of Subscription Cancellation Policies
The Federal Trade Commission (FTC) reportedly is investigating consumer complaints that Uber Technologies signed them up for Uber One subscriptions without their consent and made it difficult for them to cancel those subscriptions. Uber said it has received inquiries from the FTC and is…
Published: 2024-11-28 00:26:32
Do 'much, much more' on age verification, social media firms told
Do 'much, much more' on age verification, social media firms told Ofcom has warned social media companies they will be punished if they fail to take significant extra steps to address the problem of children pretending to be adults online. A newly released survey, conducted by the UK media…
Published: 2024-11-28 00:15:40
FTC opens wide-ranging antitrust probe into Microsoft
Microsoft is set to go under the microscope of the nation’s top antitrust watchdog, the Federal Trade Commission, which is launching a sweeping investigation into the tech giant’s practices. The FTC, in a letter sent to Microsoft, demanded that it hand over information to assist in the agency’s…
Published: 2024-11-28 00:04:38
Five ways to avoid being ripped off on Black Friday
Five ways to avoid being ripped off on Black Friday The Black Friday sales are already in full swing and it can be easy to get swept up in the shopping frenzy and end up out of pocket - instead of bagging a bargain. The vast majority of Black Friday offers are cheaper or the same price at other…
Published: 2024-11-28 00:15:48
The British scientists working for China
When Keir Starmer met his Chinese counterpart earlier this month, he gripped Xi Jinping’s hand and proclaimed the importance of a “strong” bilateral relationship. The meeting marked a warming of relations between the two nations, which have been decidedly frosty since Boris Johnson banned Huawei…
Published: 2024-11-28 01:33:02
See the Chinese cargo ship suspected of sabotaging critical undersea cables between 4 NATO countries
Chinese bulk carrier Yi Peng 3 is anchored in waters near Denmark as it faces an investigation into suspected sabotage of undersea cables. Mikkel Berg Pedersen/Ritzau Scanpix/AFP via Getty Images A Chinese cargo ship is under investigation related to severed data cables in the Baltic Sea. A probe…
Published: 2024-11-28 00:15:35
Czech billionaire set to clinch deal to buy Royal Mail
Czech billionaire set to clinch deal to buy Royal Mail The sale of Royal Mail to Czech billionaire Daniel Kretinsky's EP Group is close to being finalised and could be confirmed in the next two weeks, according to sources close to the deal. Kretinsky has agreed to make extra concessions in order…
Published: 2024-11-28 00:15:47
I’ve seen too many bad deaths
As an emergency physician, I make agonising life or death decisions every day. When caring for a terminally-ill patient whose organs are failing, and who can’t recognise her own children, I work with colleagues and family members to decide whether to withdraw treatment. We do this when both…
Published: 2024-11-28 01:32:57
Mark Zuckerberg reportedly met with Trump at Mar-a-Lago
Zuckerberg has had a rocky relationship with Trump. Chip Somodevilla/Getty Images Mark Zuckerberg met with President-elect Donald Trump at Mar-a-Lago in Florida, the NYT reported. Trump and Zuckerberg, who did not endorse a candidate for president, have had a rocky relationship. Trump previously…
Published: 2024-11-28 00:04:33
Reddit overtakes X in popularity of social media platforms in UK
Discussion platform takes fifth place in rankings and is the fastest growing large social media platform in the UK Reddit, the American online discussion platform, has overtaken X to become the fifth most popular social media platform in the UK, according to the communications watchdog. Ofcom said…
Published: 2024-11-28 00:15:15
Donald Trump: crypto president
What is the underlying value of a clam? In short, nothing. But the clamshell was the world’s longest-lasting reserve currency, recognised globally for thousands of years as a store of value and a medium of exchange. The clamshell was the money English colonists found the indigenous populations…
Published: 2024-11-28 01:33:06
UK Car Outlook Worsens After Eight Straight Months of Declining Production
Published: 2024-11-28 00:15:54
Ireland’s migration election
In many ways, Dundrum looks like the average Irish village. There’s a family butcher, a pub called Bertie’s, and rows of squatting slate-grey terraces. Yet walk down the R505, where Dundrum melts into the hedgerows of County Tipperary, and you’ll soon spot something else. There, outside Dundrum…
Published: 2024-11-28 01:32:49
FTC opens broad antitrust investigation into Microsoft
The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing businesses, a source familiar with the matter told Reuters Wednesday.
Published: 2024-11-28 00:15:35
Watch: In speeches spanning 6 years, RFK Jr. shares conspiracy theories about vaccines, likens scientists to Nazis
In remarks at AutismOne conferences in 2013, 2017 and 2019, Robert F. Kennedy Jr. likened vaccinating children to putting them in “Nazi death camps” and falsely alleged a cover-up of vaccine injuries similar to the child sexual abuse scandal in the Catholic Church.
Published: 2024-11-28 00:59:31
Israeli-Hezbollah cease-fire avoids mistakes of the past, U.S. negotiator says
Residents of southern Lebanon began returning to their homes as the U.S. brokered cease-fire between Israel and Hezbollah took effect. The agreement calls for Israel's withdrawal, for Hezbollah to move its fighters, and the Lebanese armed forces deployment to conclude within 60 days. Nick Schifrin…
Published: 2024-11-28 00:04:44
Ukrainian drones downed in Bryansk, hit Belgorod
Russian air defenses managed to down five drones over the Bryansk region, Governor Alexander Bogomaz, reported on his Telegram channel, adding that there were no casualties in the incident.In a separa...
Published: 2024-11-28 00:04:32
Why 'Wheel of Fortune' Fans Are Doubting Ryan Seacrest's Hosting Ability
Ryan Seacrest is only on his first season as the new host of Wheel of Fortune, but he is already skating on thin ice with some fans of the game show. Seacrest, 49, is taking some heat after an incident that occurred during the Tuesday, November 26 episode of Wheel. Oleh Voloshyn, a contestant who…
Published: 2024-11-27 23:53:19
News Wrap: Thanksgiving travel rush expected to be busiest ever
In our news wrap Wednesday, this year's Thanksgiving travel rush is expected to be the busiest ever, the FBI is investigating incidents of alleged bomb threats and swatting attacks against several of President-elect Trump's Cabinet picks and appointees and three Americans who've been imprisoned in…
Published: 2024-11-27 23:53:34
America’s great unifying event: The Macy’s Thanksgiving Day Parade
Macy’s Thanksgiving Day Parade has been the most-watched entertainment program in the U.S. for the past three years, ahead of the Oscars and the World Series.
Published: 2024-11-28 00:59:44
PC Market’s Recovery Dreams Interrupted By HP, Dell Sales Nightmare
PC Market’s Recovery Dreams Interrupted By HP, Dell Sales Nightmare Byte-sized sales results from Hewlett Packard (HP) and Dell dented hopes of a rebound in the sluggish PC market. Sign up for smart news, insights, and analysis on the biggest financial stories of the day. Legions of people…
Published: 2024-11-27 23:53:36
Uniqlo boss says firm does not use Xinjiang cotton
Uniqlo boss says firm does not use Xinjiang cotton The boss of the company behind global fashion chain Uniqlo has told the BBC that the Japanese firm does not use cotton from the Xinjiang region of China in its products. It is the first time Fast Retailing's chief executive Tadashi Yanai has…
Published: 2024-11-28 00:16:00
Will Black Friday 2024 be the biggest ever? Holiday shopping by year
1929’s “Black Thursday” was a stock market crash that marked the beginning of the great depression. 1987’s “Black Monday” was also a devastating blow to financial markets that decimated $1.71 trillion of wealth in a single day. Despite its similar name, Black Friday is the moniker of a much more…
Published: 2024-11-28 00:04:23
Reddit’s Expansion Hinges on AI Translation and Sprinkling in some Google Magic
Reddit’s Expansion Hinges on AI Translation and Sprinkling in some Google Magic Reddit, the world’s newest publicly-traded social media company, intends to chase growth by breaking into new markets. Sign up for smart news, insights, and analysis on the biggest financial stories of the…
Published: 2024-11-27 23:53:52
Nikkei May Fall on Concerns About U.S. Trade Policy
Japanese stocks may fall as concerns about U.S. trade policy continue.
Published: 2024-11-27 23:53:30
Trump names COVID lockdown skeptic to lead NIH, another sign of shifts in key agencies
President-elect Trump selected a critic of COVID-19 lockdowns and mandates to lead the National Institutes of Health. Dr. Jay Bhattacharya is known for co-authoring the Great Barrington Declaration, a 2020 manifesto that advocated allowing COVID to spread in order to achieve herd immunity. It was…
Published: 2024-11-27 23:53:29
4 Teens Indicted in Attack on Disabled Man in Massachusetts
Four teenagers were charged this week in connection with the assault on Christopher "Ducky" Anderson in the Massachusetts town of Danvers.
Published: 2024-11-27 23:53:17
Salt Typhoon's surge extends far beyond US telcos
Salt Typhoon's surge extends far beyond US telcos Plus, a brand-new backdoor, GhostSpider, is linked to the cyber-spy crew's operations The reach of the China-linked Salt Typhoon gang extends beyond American telecommunications giants, and its arsenal includes several backdoors, including a…
Published: 2024-11-27 23:53:31
The Fed’s Preferred Inflation Gauge Just Ticked Back Up
The Fed’s Preferred Inflation Gauge Just Ticked Back Up The last mile is always the hardest. For the Federal Reserve, the last mile in its race to tame inflation just got even harder. Sign up for smart news, insights, and analysis on the biggest financial stories of the day. The last mile is…
Published: 2024-11-27 23:53:26
Why Rolex watches are so expensive. #rolex #watches #luxury #style
Business Insider tells you all you need to know about business, finance, tech, retail, and more. Visit our homepage for the top ...
Published: 2024-11-28 02:11:21
Hyundai recalling over 226K cars, SUVs over faulty rearview cameras
Hyundai says in documents posted Wednesday by safety regulators that solder joints on a printed circuit board can develop cracks that can worsen over time and cause the cameras to fail. That can reduce visibility and increase the risk of injury to pedestrians. Dealers will replace the cameras at…
Published: 2024-11-27 23:42:35
US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth. U.S. gross domestic product — the economy's output of goods and…
Published: 2024-11-27 23:42:20
Canada is already examining tariffs on certain US items following Trump's tariff threat
A government official says Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to impose sweeping tariffs on Canadian products
Published: 2024-11-27 23:53:30
Rising Number of Mortgage Applications Reveal Changing Housing Market
The housing market could be showing signs of change as mortgage applications rose for the third consecutive week, according to new data released from the Mortgage Bankers Association (MBA). Applications for mortgages climbed by 6.3 percent on a seasonally adjusted basis for the week ending…
Published: 2024-11-27 23:42:45
BlackRock has deal to buy private credit manager HPS
Transaction for prized lender could cost $12bn and be announced after Thanksgiving holiday
Published: 2024-11-28 00:04:47
Lacking manpower, Ukraine resorts to harsh means to force draft dodgers into combat
A U.S. official said Ukraine should consider dropping the age of military conscription from 25 to 18. It's a stark acknowledgment that Ukraine doesn't have enough troops to fight the seemingly endless volume of Russian soldiers, especially now that they're being bolstered by North Korean troops.…
Published: 2024-11-27 23:53:17
Tulsi Gabbard's Chances of Getting Confirmed, Betting Odds Show
The former congresswoman is one of President-elect Donald Trump's most controversial Cabinet nominees.
Published: 2024-11-27 23:42:29
The 'Fast Money' traders share the stocks they are thankful for this holiday season
The 'Fast Money' traders share the stocks they're thankful and which are 'turkeys' including: Boeing, Agnico Eagle Mines, Amgen, ...
Published: 2024-11-28 02:11:16
Australian Senate begins debate on world-first social media ban for children under 16
The Australian Senate has begun considering a ban on children younger than 16 years old from social media after the House of Representatives overwhelming supported the age restriction
Published: 2024-11-27 23:53:28
Orange Partners With OpenAI to Develop New AI Use Cases
French telecommunications company Orange will have direct access to OpenAI’s artificial intelligence (AI) models under a new agreement signed by the two companies. The agreement will provide Orange with direct access that includes data processing and hosting in European data centers and will…
Published: 2024-11-28 00:26:32
Microsoft faces wide-ranging U.S. antitrust probe
The FTC is examining allegations the software giant is potentially abusing its market power in productivity software, sources have said.
Published: 2024-11-28 01:44:13
UNESCO report finds 6 out of 10 of influencers don’t use basic fact-checking practices
A new survey from UNESCO found that 62% of digital content creators don’t use basic fact-checking practices — which is particularly unsettling when you consider recent data showing that 1 in 5 Americans get their news from “news influencers” online.
Published: 2024-11-28 01:21:40
How Trump's reelection signals a broader acceptance of authoritarian leadership
President-elect Trump ran much of his campaign based on retribution and absolute loyalty. As he prepares for a second term in office, what might that mean for the future of U.S. democracy? Laura Barrón-López discussed more with Jason Stanley, a Yale philosophy professor and author of "Erasing…
Published: 2024-11-28 00:04:28
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