Business News - The Last 24 Hours

European markets set for a positive open as traders assess Fed interest rate cut
CNBC - 9 min 24 sec ago
European stocks are expected to open higher on Thursday as traders digest the U.S. Federal Reserve's rate cut on Wednesday.
RELATED:
CNBC - Here are five key takeaways from the Fed's big interest rate decision - 8 hours 10 min ago
FOX Business - Experts warn Federal Reserve has 'frozen up' the American dream with 'incompetence' - 11 hours 27 min ago
COMMENTARY:
Indiatimes - Trump-appointed Fed members break ranks, leave Stephen Miran isolated on big cut vote - 4 hours 23 min ago
New York Times - Fed Cuts Rates for First Time This Year - 9 hours 18 min ago
The Hindu - U.S. Federal Reserve cuts interest rate by 0.25 points - 10 hours 2 min ago
The Guardian - Federal Reserve expected to cut interest rates amid Trump pressure – live updates - 11 hours 56 min ago



What’s Behind an Elite Hong Kong School’s Fight With a Church - Bloomberg.com
Bloomberg - 1 hour 26 min ago
What’s Behind an Elite Hong Kong School’s Fight With a Church  Bloomberg.com
COMMENTARY:
SCMP - Fintech evolution paves the way for global banks to set up in Hong Kong: HKMA - 49 min 34 sec ago
BusinessInsider - I dropped out of college at 19 and had no plan for what came next. Hong Kong pushed me to grow up fast. - 5 hours 20 min ago



"Two Total Losers": After Kimmel, Trump Targets Jimmy Fallon, Seth Meyers
NDTV - 2 hours 17 min ago
US President Donald Trump celebrated the indefinite suspension of Jimmy Kimmel's late-night talk show, using the opportunity to not only praise its cancellation but also to broaden his long-standing criticism of other late-night hosts.
RELATED:
NDTV - Trump Names India, Pakistan, 21 Other Countries As Major Drug Transits - 3 hours 36 min ago
BBC - King and Trump hail UK-US special relationship in state banquet speech - 6 hours 52 min ago
CNBC - Bessent made mortgage claims similar to ones Trump cited to try to fire Fed's Cook: Report - 14 hours 9 min ago
FOX Business - Senate Banking Chairman says 50 basis point rate cut is a possibility, backs Trump’s new Fed Governor - 17 hours 7 min ago
Deutsche Welle - Trump's UK visit: US president heaps praise on royal family - 17 hours 12 min ago
COMMENTARY:
Indiatimes - NYT chief executive warns Trump is deploying 'anti-press playbook': Report - 1 hour 13 min ago
The Independent - Trump says he’s designating the antifa movement a ‘major terrorist organization’. But what does that mean? - 1 hour 50 min ago
The Guardian - Trump says he plans to designate antifa as ‘major terrorist organization’ - 3 hours 20 min ago
Sydney Morning Herald - King Charles III makes speech at state banquet for Donald Trump - 3 hours 46 min ago
Russia Today - Trump designates Antifa as ‘terrorist organization’ - 4 hours 52 min ago
BusinessInsider - Donald Trump cheers after ABC pulls Kimmel off the air — and tells NBC to cancel its late-night hosts next - 4 hours 55 min ago
The Straits Times - Lone dissent shows Powell kept Fed united amid Trump pressure - 5 hours 37 min ago
New York Times - The Fed meeting brings together a Trump ally with a target of his ire. - 12 hours 49 min ago
SCMP - Trump loves bling, royal pomp and UK goes all out to flatter him - 23 hours 54 min ago



Spirit CEO says struggling airline will slash flights, braces employees for more job cuts
CNBC - 4 hours 13 min ago
Spirit is slashing its November schedule by 25% and is bracing staff for more job cuts.
RELATED:
BBC - Fed Reserve cuts interest rates but cautions over stalling job market - 9 hours 22 min ago
NDTV - US Federal Reserve Makes First Rate Cut Of 2025 On Employment Risks - 10 hours 58 min ago
FOX Business - Fed cuts interest rates for first time this year amid weakening labor market - 11 hours 33 min ago
COMMENTARY:
The Guardian - No more forced job cuts at Australian National University, staff told, but $250m restructure to continue - 1 hour 24 min ago
BusinessInsider - One Fed member wants to cut interest rates like crazy this year - 9 hours 14 min ago
Indiatimes - US Fed cuts interest rate by 25 bps to 4-4.25%. How will it affect you and will there be more rate cuts in 2025? Here's all details - 9 hours 20 min ago
New York Post - Federal Reserve cuts interest rates a quarter-point as US job market wobbles - 11 hours 32 min ago



SEC paves way for crypto spot ETFs with new listing rules - Reuters
Reuters - 4 hours 46 min ago
SEC paves way for crypto spot ETFs with new listing rules  Reuters



Cybersecurity firm Netskope raises $908.2 million in US IPO - Reuters
Reuters - 5 hours 56 min ago
Cybersecurity firm Netskope raises $908.2 million in US IPO  Reuters
RELATED:
CNBC - Netskope prices IPO at $19, valuing company at $7.3 billion - 6 hours 8 min ago
Reuters - Cybersecurity firm Netskope raised $908 million in IPO, source says - Reuters - 6 hours 31 min ago
Bloomberg - Winklevoss’ Gemini Space Station Slumps to Fall Below IPO Price - Bloomberg.com - 13 hours 22 min ago
COMMENTARY:
Indiatimes - Godrej Enterprises regroups 14 businesses into three clusters, rules out IPO plans - 5 hours 34 min ago
BusinessInsider - Between StubHub and Klarna, bankers say roaring IPO demand feels like 2021 again - 20 hours 34 min ago



Cracker Barrel CEO Masino admits in earnings call, underestimating customer connection to iconic style
FOX Business - 6 hours 16 min ago
The Tennessee-based restaurant chain pivoted back to traditional branding and signage after customers expressed strong opposition to modern logo and store redesigns.
RELATED:
CNBC - AI startup Nscale came out of nowhere and is blowing away Nvidia CEO Jensen Huang - 8 hours 37 min ago
NDTV - Nvidia CEO Jensen Huang Says He's Disappointed By China Chip Curbs - 10 hours 53 min ago
Bloomberg - Gulf Air Hires Dismissed Air Baltic Chief Martin Gauss as CEO - Bloomberg.com - 17 hours 39 min ago
CGTN - Chinese vice premier meets CEO of Singapore's GIC - 20 hours 46 min ago
COMMENTARY:
AllAfrica - Nigeria: CBN Mandates Banks to Announce Successor CEOs Six Months Ahead of Exit - 38 min 55 sec ago
The Hindu - Nvidia CEO disappointed over China chip ban report - 1 hour 53 min ago
The Straits Times - Winning bidder pays $18,900 to dine with DBS CEO Tan Su Shan in charity auction - 3 hours 2 min ago
New York Post - Cracker Barrel CEO Masino admits in 4th quarter earnings call they underestimated customer connection to iconic logo - 3 hours 54 min ago
BusinessInsider - Photos show the pomp and circumstance of Trump's UK visit, including military jet flyovers and a state dinner full of tech CEOs - 8 hours 7 min ago
Indiatimes - CEO accidentally reveals large layoff plan with all employees in viral email leak - 15 hours 15 min ago
SCMP - Nvidia CEO says he is disappointed by China’s reported chip curbs - 15 hours 40 min ago
The Independent - Nvidia CEO Huang says he's disappointed by China chip curbs - 16 hours 37 min ago



PayPal and Google Seal Partnership to Enable AI-Led Commerce - Bloomberg.com
Bloomberg - 6 hours 24 min ago
PayPal and Google Seal Partnership to Enable AI-Led Commerce  Bloomberg.com
RELATED:
NDTV - US Boy's Life Saved After Mother's Google Search Uncovered Rare Brain Condition - 19 hours 51 min ago
COMMENTARY:
The Hindu - Google, PayPal partner to roll out AI-powered solutions across platforms - 1 hour 15 min ago
BusinessInsider - An investing podcaster says people are making the same 'mistake' about Duolingo they made about Google - 16 hours 12 min ago
Indiatimes - Google Gemini AI: From photos with Taylor Swift, SRK, Karan Aujla to Virat Kohli & Messi, 10 prompts to reimagine pics with celebrities - 18 hours 36 min ago



Interest rates expected to be held by Bank of England
BBC - 6 hours 25 min ago
The Bank rate was cut in August but many analysts do not expect any further reductions this year.
RELATED:
CNBC - The Fed's interest rate cut doesn't upended broad market themes, Jim Cramer says - 6 hours 36 min ago
COMMENTARY:
New York Times - What to know about the Fed’s rate decision. - 9 hours 52 min ago
SCMP - China’s offshore yuan strengthens further against US dollar as rate cuts loom - 23 hours 34 min ago



Russia Says It Advances On All Ukrainian Fronts
NDTV - 7 hours 27 min ago
A senior Russian officer toured positions held by his troops in Ukraine on Wednesday and said Moscow's forces were advancing on all fronts, the Russian Defence Ministry.
RELATED:
Deutsche Welle - How can Poland, Ukraine, NATO defend against Russian drones? - 15 hours 16 min ago
Reuters - Trump administration approves first Ukraine arms aid funded by NATO allies - The Kyiv Independent - 16 hours 4 min ago
COMMENTARY:
The Independent - Ukraine-Russia war latest: Kyiv to receive first Patriot and HIMARS missiles under Europe-funded weapons scheme - 1 hour 47 min ago
Sydney Morning Herald - King backs AUKUS, Ukraine in message to Trump - 7 hours 9 sec ago
Indiatimes - 'War with Russia costs $120 bn a year...': Zelenskyy unveils Ukraine’s Plan A & B for next year - 11 hours 47 min ago
Russia Today - Canada names descendant of Ukrainian Nazi collaborator as special Ukraine envoy - 15 hours 16 min ago
BusinessInsider - Ukrainians are fortifying and flooding underground pipes because Russian troops keep trying to crawl or walk in them - 21 hours 52 sec ago



Masters Tournament adds Amazon Prime Video as new broadcast partner for expanded 2026 event coverage
FOX Business - 7 hours 42 min ago
The Masters added Amazon Prime Video for early-round streaming April 9-10, expanding total coverage to 27 hours alongside ESPN, CBS and Paramount+.
RELATED:
CNBC - Is Amazon on the verge of an OpenAI moment with its big investment in Anthropic? - 14 hours 11 min ago
COMMENTARY:
The Hindu - Amazon invests over $1 billion to raise employee pay, lower healthcare costs - 1 hour 40 min ago
BusinessInsider - This affordable velvet dress is my go-to for all fall and winter weddings — it starts at $63 and no one ever realizes it's from Amazon - 9 hours 47 min ago



Powell declines to weigh in on Lisa Cook’s high-stakes court fight with Trump
FOX Business - 8 hours 56 min ago
Federal Reserve Chair Jerome Powell declined to address the ongoing legal dispute between Fed Governor Lisa Cook and President Donald Trump.
COMMENTARY:
BusinessInsider - Powell says AI may be hurting entry-level jobs: 'Hard to say how big it is' - 8 hours 30 min ago
Indiatimes - US Fed cuts interest rates by 25 Bps; Jerome Powell hints, 'two more in 2025' - 9 hours 35 min ago
The Independent - Jerome Powell finally does it: Federal Reserve cuts interest rates a quarter of a percent - 11 hours 20 min ago



US central bank cuts interest rates but cautions over stalling job market
BBC - 9 hours 22 min ago
The Federal Reserve makes its first cut to interest rates since 2024, and signals more to come.
COMMENTARY:
The Straits Times - Indonesia central bank makes another surprise rate cut; independence concerns grow - 2 hours 19 min ago
SCMP - After Fed cut, moderate easing expected by China’s central bank, supporting yuan - 3 hours 6 min ago
Indiatimes - Fed's Powell said central bank is cutting 10% of its staff - 4 hours 30 min ago
AllAfrica - Nigeria: 'Renewed Hope in Central Banking' - a Blueprint for Nigeria's Economic Future - 18 hours 50 min ago



Watch Tesla Designer: We're Redesigning Car Door-Release Mechanism - Bloomberg.com
Bloomberg - 9 hours 27 min ago
Watch Tesla Designer: We're Redesigning Car Door-Release Mechanism  Bloomberg.com
COMMENTARY:
Indiatimes - D4vd and murder victim share matching finger tattoos in Tesla body discovery case - 8 hours 26 min ago
BusinessInsider - Tesla dodges trial and settles lawsuit over a deadly Autopilot crash - 12 hours 41 min ago
SCMP - Tesla sales continue to decline in China, BYD’s European expansion: 7 EV reads - 22 hours 19 min ago



The stock market is having a hard time choosing a side after the Fed cut rates
CNBC - 10 hours 7 min ago
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
COMMENTARY:
BusinessInsider - Stock investors aren't impressed by the Fed's long-awaited rate cut - 10 hours 12 min ago
Indiatimes - US stock market mixed today: Dow jumps, S&P and Nasdaq drop as big Fed rate cut decision nears; Nvidia, Tesla, Oracle and Workday lead market moves - 12 hours 52 min ago
The Hindu - Stock markets rally for 2nd day amid U.S. trade talk optimism, Fed rate cut hopes - 18 hours 40 min ago



As U.S. jobs disappear, the Federal Reserve returns to rate cuts
CNBC - 10 hours 18 min ago
The U.S. labor market is producing relatively few jobs. In response, the Federal Reserve is lowering short-term interest rates to stimulate economic growth.
COMMENTARY:
SCMP - China’s youth unemployment soars to 2-year high as job crunch deepens - 34 min 23 sec ago
Indiatimes - Bank of Canada cuts interest rate to 2.5% as GDP shrinks, job market softens - 14 hours 36 min ago



Bitcoin is up around 100% over the past year, but is it worth adding to your retirement account? What experts say
CNBC - 10 hours 47 min ago
Financial pros are warming up to the idea of investing in digital assets in retirement accounts. They just recommend setting up a few guardrails first.



EU Unveils 'New Strategic Agenda' To Expand Ties With India
NDTV - 11 hours 20 min ago
The European Union (EU) on Wednesday unveiled a new strategic agenda to significantly ramp up its engagement with India in a range of key areas such as defence, trade and energy, and to jointly tackle major global challenges.
RELATED:
Deutsche Welle - EU's new approach to lure India away from Russia's orbit - 12 hours 17 min ago
Reuters - India unlikely to raise export duty soon on low-grade iron ore, pellets, says source - Reuters - 21 hours 29 min ago
Bloomberg - US, India Maintain Military Ties Even as Trade Frictions Mount - Bloomberg.com - 22 hours 38 min ago
COMMENTARY:
Indiatimes - India at UN: ‘Afghans need support over sanctions; India’s commitment to development stays firm’ - 53 min 4 sec ago
The Hindu - Rolls-Royce expands India innovation footprint by opening a new facility Bengaluru - 15 hours 10 min ago



US Federal Reserve cuts interest rate for first time in 2025
Deutsche Welle - 11 hours 32 min ago
The widely expected cut of a quarter percentage point comes amid economic pressures ranging inflation and tariffs to sluggish job growth. All eyes are on whether more cuts are expected in the near future.
COMMENTARY:
SCMP - China pushes for closer Southeast Asia trade links as it fends off US pressure - 6 hours 34 min ago
Indiatimes - PMO seeks India Inc's inputs on impact of additional US tariff - 11 hours 56 min ago



Russia-linked group planned parcel bomb attacks in Europe
Deutsche Welle - 11 hours 41 min ago
A Lithuanian investigation has determined Russia-linked suspects packed explosive devices in packages shipped by land and air to the UK, Poland and Germany. Authorities say more attacks were in the works.
RELATED:
NDTV - Kremlin Shrugs Off EU Plans To Speed Up Phase-Out Of Russia's Energy - 11 hours 55 min ago
Reuters - Russian government explores way to make ends meet as budget deadline looms - Reuters - 13 hours 10 min ago
Bloomberg - Russia’s Crude Exports Lose Momentum After Baltic Flows Targeted - Bloomberg.com - 17 hours 10 min ago
COMMENTARY:
SCMP - Russia suspected of supplying North Korea with key nuclear submarine technology - 4 hours 4 min ago
New York Times - Russia, China and Iran Use Kirk’s Murder to Stoke Conspiracy Theories and Division - 7 hours 24 min ago
The Straits Times - Russia’s government looks for way to make ends meet as budget deadline looms - 12 hours 49 min ago
The Hindu - First round of negotiations for FTA with EAEU, including Russia, likely in ‘early November’ - 15 hours 37 min ago
BusinessInsider - Machine gunners going head-to-head with Russian drones are getting new interceptors for the hard-to-reach threats - 16 hours 31 min ago



Kenya: Fraud scandal robs millions of health care, pensions
Deutsche Welle - 14 hours 27 min ago
Kenya's pension and health insurance systems were meant to bring people dignity in old age. But fraud, delays and broken promises have left retirees and patients paying with their savings — and even their lives.
COMMENTARY:
The Hindu - Former director of Lodha Developers arrested for ₹85 crore fraud - 2 hours 1 min ago



PM Modi Thanks Putin For Birthday Phone Call, Reiterates Peaceful Resolution In Ukraine
NDTV - 15 hours 6 min ago
Prime Minister Narendra Modi on Wednesday thanked "friend" Russian President Vladimir Putin for his phone call and extending warm wishes on his 75th birthday.
RELATED:
Deutsche Welle - Ukraine updates: Merz warns Putin is 'testing the limits' - 20 hours 42 min ago
COMMENTARY:
Indiatimes - Putin dials PM on birthday; On agenda December visit & annual summit - 4 hours 28 min ago
The Independent - Ukraine-Russia war latest: Three dead after Putin targets Ukrainian railways in overnight attack - 18 hours 34 min ago



‘No tax on tips’ offers financial planning opportunities. But don’t make ‘major moves’ yet, pro says — here's why
CNBC - 15 hours 10 min ago
President Donald Trump's "no tax on tips" deduction offers financial planning opportunities for some workers. But here's what to know first.
COMMENTARY:
The Guardian - Temu’s UK operation doubles revenues and pre-tax profits - 17 hours 50 min ago
Indiatimes - Delhi HC upholds property tax on star hotels, dismisses pleas on arbitrariness - 20 hours 13 min ago
The Independent - Strip club executives accused of bribing tax auditor with lap dances to save millions: ‘The girls were very beautiful and nice’ - 21 hours 45 min ago
New York Times - The Wealth Tax Plan That’s Roiling New York and French Politics - 22 hours 42 min ago



Microsoft seizes websites linked to Nigeria-based phishing
Deutsche Welle - 16 hours 6 min ago
More than 330 websites have been linked to a phishing operation that stole over 5,000 Micorsoft user credentials.



Is a more affordable housing market on the horizon?
FOX Business - 16 hours 34 min ago
Experts weigh in on the state of the U.S. housing market and project whether the affordability crisis plaguing prospective buyers will ease in the near future.



WTO: AI and international trade can benefit all
CGTN - 19 hours 2 min ago
Artificial intelligence (AI) is rapidly reshaping the global economy, with the potential to significantly boost trade and growth worldwide, according to the World Trade Organization's (WTO) World Trade Report 2025 released on Wednesday.WTO simulations indicate that by 2040, global trade could rise by 34 to 37 percent, while global GDP may increase by 12 to 13 percent. The strongest growth is expected in digitally deliverable services, including AI services, which could see trade expand by as muc ...
COMMENTARY:
SCMP - WTO chief finds hope in Trump trade disruption, sees chance for ‘reglobalisation’ - 10 hours 44 min ago
Indiatimes - AI use can boost global trade by around 40% by 2040, GDP by 12-13%: WTO - 13 hours 32 min ago
AllAfrica - Liberia: New WTO Fisheries Deal - Liberia Could Stand Up to Subsidized Foreign Fleets, but... - 18 hours 43 min ago



Alibaba's shares jump after it lands a major customer for its AI chips
CNBC - 19 hours 25 min ago
China Unicom will deploy Alibaba's AI chips via the e-commerce giant's cloud computing unit, according to state media CCTV.
RELATED:
Bloomberg - Alibaba’s AI Chip Effort Quickens With Big Client China Unicom - Bloomberg.com - 20 hours 7 min ago
COMMENTARY:
The Straits Times - Alibaba lands major Chinese customer for its AI chip - 5 hours 55 min ago
Indiatimes - Alibaba shares jump on major AI chip deal with China Unicom: How it impacts investors and China’s tech push - 14 hours 32 min ago
SCMP - Alibaba-developed AI processor on par with Nvidia’s H20 chip, CCTV report shows - 16 hours 34 min ago



What We Do and Don’t Know About US TikTok Deal With China - Bloomberg.com
Bloomberg - 20 hours 17 min ago
What We Do and Don’t Know About US TikTok Deal With China  Bloomberg.com
COMMENTARY:
New York Post - TikTok to be controlled by US-led group including Oracle, Silver Lake and Andreessen Horowitz in proposed deal: report - 14 hours 15 min ago



New £22bn AI deal could rapidly boost UK economy, says Microsoft boss
BBC - 21 hours 30 min ago
Boss Satya Nadella said it was the biggest investment the firm had made outside of the US.
RELATED:
CNBC - CNBC's UK Exchange newsletter: Can UK trade come up Trumps? - 23 hours 48 min ago



Inflation remains at 3.8% in August as food costs rise
BBC - 21 hours 38 min ago
The pace of price rises matched the inflation rate in July and comes as the Bank of England meets to discuss interest rates.
COMMENTARY:
Indiatimes - UK inflation holds at 3.8%, highest among big rich economies - 23 hours 26 min ago
The Guardian - UK inflation holds steady at 3.8% as fuel prices offset falling air fares - 23 hours 33 min ago