Business News - The Last 24 Hours

What caused the stock market's lackluster week — plus, an earnings season update
CNBC - 7 min 1 sec 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 - 6 hours 34 min ago

COMMENTARY:

Indiatimes - US stock market crashes hard: Why Dow, S&P 500, Nasdaq are falling big today? Is AI era gone before it begins as Nvidia and Palantir lead tech selloff - 3 hours 14 min ago

BusinessInsider - 3 takeaways from a volatile week in the stock market — and one key level to watch for the S&P 500 - 4 hours 58 min ago

Trump pardons New York baseball star Darryl Strawberry for tax evasion conviction
CNBC - 1 hour 9 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? - 8 hours 55 min ago

COMMENTARY:

AllAfrica - Nigeria: Govt Unveils New Tax Reform Laws in Major Economic Policy Shift - 11 hours 19 min ago

Trump meets Hungary's Orban to discuss Russian sanctions
Deutsche Welle - 2 hours 18 min ago
As he met with Hungarian Prime Minister Viktor Orban, US President Donald Trump promised to consider a waiver for Hungary on Russian oil sanctions.

RELATED:

Deutsche Welle - Trump to consider Russia oil sanctions exemption for Hungary - 2 hours 18 min ago

NDTV - "Iran Has Been Asking If US Sanctions Could Be Lifted": President Trump - 11 hours 6 min ago

COMMENTARY:

SCMP - Trump hosts Hungary’s Orban, eyes oil sanctions carve-out for Putin ally - 1 hour 1 min ago

The Guardian - Trump suggests he’s open to exempting Hungary from sanctions on Russian oil - 1 hour 14 min ago

The Straits Times - Two tankers with Russian oil drop anchor at sea in sign sanctions hit sales - 4 hours 55 min ago

The Independent - UN Security Council lifts sanctions on Syrian president ahead of Trump meet - 12 hours 55 min ago

BusinessInsider - Russia's oil revenues plunge just as US sanctions hit when Moscow can least afford it - 14 hours 6 min ago

Russia Today - UN Security Council lifts sanctions on Syria’s president - 23 hours 9 min ago

Airlines are 'going to lose millions of dollars' over government shutdown's impact on flights, Duffy says
FOX Business - 2 hours 27 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 - 4 hours 57 min ago

CNBC - Airlines cancel more than 700 U.S. flights as FAA-ordered shutdown cuts begin - 6 hours 9 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 - 6 hours 53 min ago

BusinessInsider - These are the airlines most affected by the FAA's order to cancel hundreds of flights during the government shutdown - 7 hours 51 min ago

New York Times - Airlines Rush to Prepare for Federal Reductions in Flights - 22 hours 34 min ago

U.S. backs EU using frozen Russian assets to help end war, U.S. source says - Reuters
Reuters - 2 hours 34 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 - 2 hours 46 min ago

Bloomberg - Mol Floats Shift Away From Russian Oil Before Orban Meets Trump - Bloomberg.com - 6 hours 47 min ago

BBC - British man jailed after trying to spy for Russia - 7 hours 21 min ago

NDTV - "Clarify Remarks": Russia To US After Trump's Call To Resume Nuclear Testing - 9 hours 6 min ago

COMMENTARY:

SCMP - UK man who dreamed of ‘being like Bond’ jailed for trying to spy for Russia - 2 hours 39 min ago

Russia Today - UK and Baltic countries simulate war with Russia – Politico - 3 hours 29 min ago

The Independent - Putin ‘sidelines’ Russia’s veteran foreign minister after ‘blaming him for collapse of Trump summit’ - 3 hours 53 min ago

Indiatimes - European Union toughens visa rules for Russians - 9 hours 5 min ago

BusinessInsider - NATO's chief says the West is finally 'turning the tide' on Russia's ammo advantage - 15 hours 31 min ago

Worried about layoffs? Economists say the job market is cooling but 'not falling off a cliff'
CNBC - 2 hours 45 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 - 9 hours 25 min ago

US household debt hits a new record, NY Fed finds
FOX Business - 2 hours 54 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.

Trump CFPB takes aim at 15 states that ban medical debt on credit reports—it's 'salt in the wound,' says consumer advocate
CNBC - 3 hours 30 min ago
Recent guidance from the CFPB calls on courts to overturn laws in 15 states which prohibit including medical debt on consumer credit reports.

COMMENTARY:

Indiatimes - US consumer sentiment gloomiest in more than three years: Survey - 4 hours 1 min ago

New York Times - Holiday Consumer Spending Could Exceed $1 Trillion, Retailers Project - 22 hours 36 min ago

Food banks are in 'disaster response mode' due to shutdown and SNAP cuts, leaders say: 'The damage gets worse and worse' every day
CNBC - 3 hours 38 min ago
Food bank leaders across the U.S. are responding to 'a great increase in need' due to SNAP disruption.

NDTV - Over 750 Flights Cancelled As US Sees Travel Chaos Due To Government Shutdown - 17 hours 15 min ago

Deutsche Welle - Flight cuts across US amid longest gov't shutdown in history - 18 hours 17 min ago

FOX Business - America’s top 10 busiest airports face flight cuts as the government shutdown drags on - 22 hours 17 min ago

COMMENTARY:

Russia Today - US shutdown damage ‘far worse’ than estimated – White House aide - 24 min 37 sec ago

Indiatimes - US Air travel collapses: 800+ flights cancelled nationwide amid govt shutdown; 40 airports affected - 3 hours 58 min ago

BusinessInsider - Map shows which airports have the most canceled flights due to the government shutdown - 4 hours 30 min ago

The Guardian - Senate to hold 15th vote on ending record US government shutdown - 4 hours 56 min ago

SCMP - US economy hit hard by 38-day shutdown but rebound expected: Hassett - 6 hours 6 min ago

The Straits Times - US shutdown compounds worst year for currency trading since 2005 - 6 hours 29 min ago

New York Times - Tourism in Washington, D.C., Suffers as Government Shutdown Drags On - 10 hours 31 min ago

The Independent - FAA airport shutdown live updates: Nation’s biggest travel hubs brace for impacts from 10 percent cut in flights - 11 hours 28 min ago

Sydney Morning Herald - US government employee sells hotdogs amidst shutdown - 12 hours 45 min ago

Affirm CEO says furloughed federal employees are starting to lose interest in shopping
CNBC - 3 hours 50 min ago
Affirm CEO Max Levchin said as the government shutdown drags on, there are signs of shifting shopping habits from federal workers.

NDTV - Elon Musk Wins $1 Trillion Pay Package: How It Compares To Other Top CEOs' Salaries - 11 hours 27 min ago

Bloomberg - Watch Euronext CEO on Pan-European Exchange, Buyback - Bloomberg.com - 12 hours 6 min ago

FOX Business - McDonald’s CEO warns rising beef prices remain a challenge as inflation stays ‘sticky’ - 19 hours 19 min ago

COMMENTARY:

New York Post - Warner Bros. Discovery CEO David Zaslav loving the ‘energy’ among bidders for his media empire - 8 hours 33 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 - 9 hours 16 min ago

BusinessInsider - One lesson took the CEO of Habit Burger's career from consultant to the C-suite - 9 hours 20 min ago

The Straits Times - Sacked CEO fires back at Fu Yu demanding $2 million over salary and alleged defamation - 21 hours 18 min ago

The Guardian - Tesla shareholders to vote on $1tn pay package for CEO Elon Musk - 23 hours 33 min ago

How Trump’s tariffs are crushing small businesses while big retailers weather the costs
CNBC - 4 hours 1 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 - 15 hours 57 min ago

COMMENTARY:

The Independent - Transgender rights to Trump’s tariffs – here’s what’s on the Supreme Court docket - 3 hours ago

The Hindu - VST Tillers Tractors stops U.S. exports on high tariffs - 5 hours 25 min ago

New York Times - Japanese Automakers Warn of Billions in Tariff Losses - 8 hours 42 min ago

Indiatimes - ‘It’s simply common sense!’: Justice Thomas grills Dem lawyer in SC clash over Trump tariff legality - 9 hours 45 min ago

The Straits Times - Shein eyes bumper $2.6 billion profit in 2025 despite US tariffs - 20 hours 24 min ago

New York Post - Temu offers ‘aggressive’ payouts to lure US retailers as Chinese company grapples with tariffs - 21 hours 19 min ago

Block sinks 10% after weak third quarter results miss Wall Street estimates
CNBC - 4 hours 5 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 - 2 hours 43 min ago

BusinessInsider - Missed a promotion on Wall Street? Here is why it is not the end. - 6 hours 29 min ago

The Straits Times - Wall Street ends lower on tech valuations, economic jitters - 22 hours 6 min ago

Bessent says new rare earth factory will cut costs, break China’s 'chokehold' on industry
FOX Business - 4 hours 56 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 - Cop30: China to join coalition seeking shared rules for carbon trading - 6 min 8 sec ago

Indiatimes - The people’s game: How China’s rural soccer leagues are rebuilding faith in a broken sport - 1 hour 54 min ago

SNAP benefits: Trump admin seeks emergency block on order to pay food stamps in full
CNBC - 5 hours 4 min ago
The Trump administration first tried not to pay food stamp benefits in November because of the government shutdown. It now proposes partial SNAP payments

Reuters - Exclusive: China starts work on easing rare earth export rules but short of Trump hopes, sources say - Reuters - 12 hours 27 min ago

NDTV - Zohran Mamdani, Sadiq Khan Face Criticism From Trump, Get Abused Over Faith - 14 hours 17 min ago

FOX Business - Trump announces $35B Uzbekistan investment deal after meeting with Central Asian leaders - 15 hours 4 min ago

Deutsche Welle - Trump pushes for closer mineral ties with Central Asia - 15 hours 9 min ago

Bloomberg - How the US Under Trump Fits Into China-Taiwan Tensions - Bloomberg.com - 17 hours 45 min ago

BBC - Judge orders Trump administration to fully fund Snap food benefits - 22 hours 5 min ago

COMMENTARY:

The Guardian - Students and faculty at over 100 US universities protest against Trump’s attacks - 28 min 2 sec ago

The Independent - Trump claims his three-word plan would set up GOP to ‘never lose another election’ — despite Tuesday’s blue tsunami losses - 58 min 37 sec ago

Indiatimes - Trump administration seeks to halt SNAP food aid payments after a court order - 1 hour 32 min ago

Russia Today - Trump sees ‘good chance’ of meeting Putin in Hungary - 1 hour 40 min ago

BusinessInsider - Why Omada Health is finally prescribing Ozempic as TrumpRx slashes GLP-1 weight-loss drug costs - 2 hours 45 min ago

New York Times - Trump Administration Seeks Immediate Halt to Court Order to Pay Food Stamps - 5 hours 53 min ago

SCMP - On giving the White House a big beautiful ballroom, Trump may be right - 8 hours 3 min ago

AllAfrica - Nigeria: Real Reasons U.S. President Donald Trump Is Attacking Nigeria - Professor - 11 hours 45 min ago

Sydney Morning Herald - Nancy Pelosi rips up Donald Trump's State of the Union speech - 20 hours 19 min ago

New York Post - Trump touts affordability while inflation rages across America on everything from food to furniture to cars - 20 hours 48 min ago

Over 1,400 Africans From Dozens Of Countries Fighting For Russia: Ukraine
NDTV - 5 hours 38 min ago
More than 1,400 citizens from three dozen African countries are fighting alongside Russian forces in Ukraine, Kyiv's foreign minister said on Friday.

RELATED:

NDTV - Ukraine Says Talks With US On Tomahawk Missiles "Positive" - 20 hours 36 min ago

COMMENTARY:

The Independent - US Army buying 1 million drones in massive ramp-up as it follows Russia and Ukraine’s lead - 2 hours 51 min ago

Russia Today - Diplomacy not weapons: NATO member’s incoming govt on Ukraine policy - 6 hours 29 min ago

The Guardian - Orbán to visit White House to try to broker Trump-Putin summit for peace in Ukraine - 15 hours 28 min ago

Ex-CIA Officer's Claim On Secret India-Israel Plan To Strike Pak Nuke Site
NDTV - 7 hours 14 min ago
Former CIA officer Richard Barlow revealed that the proposed joint covert operation by India and Israel to bomb Pakistan's Kahuta nuclear facility in the early 1980s to halt Islamabad's atomic ambition could have "solved a lot of problems."

RELATED:

Deutsche Welle - How far will India and China go in improving ties? - 7 hours 28 min ago

NDTV - Pakistan Developed Nuclear Weapons To Counter India: Ex CIA Officer - 7 hours 30 min ago

CNBC - Trump says India has 'largely stopped' buying Russian oil, hints at visiting the country next year - 16 hours 47 min ago

COMMENTARY:

Indiatimes - India and New Zealand also agree to conclude talks early: Piyush Goyal - 2 hours 8 min ago

The Hindu - WB asks India to provide further impetus to financial sector reforms to achieve 2027 vision - 5 hours 37 min ago

Google's decade-long bet on custom chips is turning into company's secret weapon in AI race
CNBC - 7 hours 49 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 - 17 hours 12 min ago

COMMENTARY:

BusinessInsider - YouTube's leverage in its fight with Disney goes beyond support from Google - 1 hour 17 min ago

The Independent - Google to build huge new AI data centre on tiny Australian island - 5 hours 15 min ago

The Guardian - Google to build new AI datacentre on tiny Australian Indian Ocean outpost after signing defence deal - 12 hours 5 min ago

The Hindu - Google planning powerful AI data centre on Christmas Island - 15 hours 41 min ago

Why human-shaped robots loom large in Musk's Tesla plans
BBC - 8 hours 18 min ago
The tech billionaire believes Optimus could play a big role in the lives of people around the world.

RELATED:

NDTV - What Elon Musk Must Do To Unlock $1 Trillion Tesla Pay Package - 10 hours 58 min ago

CNBC - Elon Musk says Tesla needs to build 'gigantic chip fab' to meet AI and robotics needs - 16 hours 51 min ago

BBC - Elon Musk's $1tn pay deal approved by Tesla shareholders - 21 hours 39 min ago

Deutsche Welle - Tesla shareholders approve $1 trillion pay package for Musk - 22 hours 9 min ago

FOX Business - Tesla shareholders approve Musk's $1T pay package - 22 hours 30 min ago

COMMENTARY:

The Guardian - ‘Musk is Tesla and Tesla is Musk’ – why investors are happy to pay him $1tn - 5 hours 17 min ago

BusinessInsider - How Tesla has prepared to defend Musk's mega pay package from legal challenges - 9 hours 38 min ago

Indiatimes - Tesla stock crashes as Elon Musk inches closer to $1 trillion goal with pay plan approval; check Tesla's share price and Musk’s big goals over the next decade - 17 hours 5 min ago

SCMP - Tesla shareholders approve US$1 trillion pay package for Elon Musk - 22 hours 7 min ago

New York Post - Tesla shareholders approve Elon Musk’s historic $1 trillion pay package — here’s when he could pocket the windfall - 22 hours 24 min ago

The Independent - Musk could become history's first trillionaire as Tesla shareholders approve giant pay package - 22 hours 26 min ago

New York Times - Tesla Investors Back Musk’s Trillion Dollar Payday - 22 hours 37 min ago

Four held after protesters set off flares during Israeli orchestra concert in Paris
BBC - 9 hours 13 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 - 18 hours 21 min ago

'I thought it was a prank' - How a Brazilian woman became the face of India vote fraud row
BBC - 10 hours 1 min ago
Congress MP Rahul Gandhi alleges that Larissa Nery's photo appeared on the voters' list in Haryana 22 times.

COMMENTARY:

Indiatimes - ED arrests consultant in Anil Dhirubhai Ambani group loan fraud case - 2 hours 1 min ago

AllAfrica - Namibia: N$3m Fraud Charges Against Businessman - 9 hours 31 min ago

Qantas releases first images of Airbus aircraft set to fly non-stop from Sydney to New York and London
CNBC - 11 hours 33 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 - 18 hours 27 min ago

Hotter Than Spa Bath: Amazon Lake Hit 41 Degrees Celsius In 2023, Killing Several Dolphins
NDTV - 14 hours 5 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 - The best Amazon coupons in November 2025: Today's top promo codes - 1 hour 52 min ago

China's key weapons in its AI battle with the U.S. — massive Huawei chip clusters and cheap energy
CNBC - 21 hours 7 min ago
China's strategy for competing with the U.S. on AI revolves around huge clusters of Huawei chips and cheap energy.

Fed's Hammack leans against more rate cuts because of high inflation - Reuters
Reuters - 23 hours 6 min ago
Fed's Hammack leans against more rate cuts because of high inflation Reuters

COMMENTARY:

Indiatimes - India's retail inflation likely fell to multi-year low of 0.48% in October: Reuters poll - 9 hours 22 min ago

Trump praises Walmart for slashing Thanksgiving meal prices
FOX Business - 23 hours 32 min ago
President Trump praised Walmart's cheaper Thanksgiving deals as grocery giants offer holiday meal bundles under $40 for families of 10.