Business News - The Last 24 Hours

IRS releases guidance for Trump's tips, overtime deductions. What workers need to know
CNBC - 15 min 1 sec ago
The IRS has released guidance for President Donald Trump's tips and overtime deductions. Here's what workers need to know.

CNBC - FBI plans to interview Sen. Mark Kelly, other Democrats Trump accused of seditious behavior: reports - 2 hours 14 min ago

NDTV - Inspired By Trump Admin's DOGE, Japan To Launch Office To Cut Budget Waste - 6 hours 32 min ago

Associated Press - Trump administration plans to review refugees admitted under Biden, memo obtained by The AP says - Meridian Source - 19 hours 28 min ago

Reuters - 🚨🇺🇸 DOGE HITS REUTERS WITH FAKE NEWS TAG FOR REPORTING BS DOGE is pushing back hard after Reuters falsely claimed the agency “doesn’t exist.” DOGE made it clear the team is active, effective, and delivering results under Trump’s directive to - x.com - 19 hours 54 min ago

Bloomberg - Trump Is Dismantling the Education Department. What’s at Stake. - Bloomberg.com - 23 hours 33 min ago

COMMENTARY:

Sydney Morning Herald - ‘He’s a big fat slob’: Trump injects own brand of humour into beloved tradition - 51 min 22 sec ago

New York Times - Trump Welcomes A.P.’s Photographers. Its Reporters? Not So Much. - 1 hour 5 min ago

The Guardian - Rush Hour 4 in the works at Paramount after reports of Trump’s intervening - 1 hour 38 min ago

Indiatimes - Trump's Oval Office redesign: Design experts criticize 'tacky' gold sign - 1 hour 53 min ago

The Independent - Some DACA recipients have been arrested in the Trump's immigration crackdown - 2 hours 1 min ago

New York Post - Treasury Secretary Scott Bessent says there’s ‘very good chance’ Trump names new Fed chair by Christmas - 4 hours 24 min ago

SCMP - Trump may attend Apec in China next year, US treasury chief says - 5 hours 1 min ago

Russia Today - Trump ready to talk with Maduro – Axios - 5 hours 56 min ago

The Hindu - Trump signs executive order for AI project called Genesis Mission to boost scientific discoveries - 15 hours 16 min ago

BusinessInsider - Trump's top HR official says DOGE 'may not have centralized leadership,' but its principles 'remain alive' - 23 hours 20 min ago

English mayors will get new powers to levy tourist taxes
BBC - 55 min 10 sec ago
Mayors will be given the power to charge tourists a tax for staying overnight in their towns and cities.

BBC - How will the government's sugar tax work? - 9 hours 29 min ago

COMMENTARY:

The Guardian - Rachel Reeves expected to scrap £300m in tax breaks for Motability scheme - 3 hours 4 min ago

Indiatimes - Tax cuts dent revenue growth, less scope for fiscal policy support to economy: Moody's - 9 hours 42 min ago

Trump pardons Thanksgiving turkeys, blasts Biden and says Ukraine peace deal is ‘very close’
CNBC - 1 hour 19 min ago
Trump pardoned Thanksgiving turkeys at the White House, said a Ukraine peace deal may be getting close and attacked Biden over autopen as turkey prices rise.

RELATED:

NDTV - Trump Administration Orders Review Of Biden-Era Refugees, Memo Shows - 21 hours 32 min ago

COMMENTARY:

Indiatimes - 'Several 13–17-yr-old girls…': Biden admin was linked to child trafficking? Witness' chilling claim - 4 hours 48 min ago

The Independent - ‘Unspeakably cruel’: Trump administration will subject refugees admitted under Biden to more vetting, report says - 15 hours 23 min ago

Nvidia says its GPUs are a 'generation ahead' of Google's AI chips
CNBC - 1 hour 26 min ago
It was in response to Wall Street's concern that Google's TPU chips could threaten Nvidia's dominance of the AI infrastructure industry on Tuesday.

CNBC - Nvidia shares fall 3% on report Meta will use Google AI chips - 10 hours 36 min ago

COMMENTARY:

New York Post - Nvidia shares sink 4% after report of Meta in talks to spend billions on Google chips - 2 hours 10 min ago

Indiatimes - Google Nano Banana Pro makes old photo restoration easy with simple AI prompts - 6 hours 9 min ago

SCMP - Singapore orders Apple, Google to stop fake government message scams - 12 hours 32 min ago

The Hindu - Google, Accel partner to back Indian AI startups - 14 hours 44 min ago

Binance sued by Oct. 7 victims' families for allegedly aiding Hamas through crypto exchange
CNBC - 1 hour 41 min ago
President Donald Trump last month pardoned CZ, whom the White House said was a casualty of the Biden administration's "war on cryptocurrency."

COMMENTARY:

The Straits Times - Bitcoin weakness persists as crypto steadies after bruising week - 18 hours 50 min ago

Indiatimes - Bitcoin’s worst 6 weeks: 5 reasons why crypto market lost $1 trillion and why Deutsche Bank warns BTC USD recovery remains uncertain - 23 hours 50 min ago

Cracker Barrel CEO says she felt like got 'fired by America' after redesign backlash
FOX Business - 2 hours 49 min ago
Cracker Barrel CEO Julie Masino reflected on being "fired by America" after massive customer backlash over the restaurant's remodeling earlier this year.

COMMENTARY:

Indiatimes - Finance ministry tells banks to fast-track IBC cases, CEOs asked to personally monitor top pending resolutions - 56 min 42 sec ago

The Hindu - GST cut, strong monsoon, better reservoir levels to drive India’s demand for farm machinery up during H2: VST Tillers Tractors CEO - 5 hours 53 min ago

BusinessInsider - I'm the founder and CEO of a luxury bean company. I start my day with coffee and end it with a hot bath. - 8 hours 49 min ago

Who is Trump's 'drone guy' Dan Driscoll, taking key role in Ukraine talks?
BBC - 2 hours 50 min ago
The youngest-ever US army secretary has been thrust into the spotlight as the face of renewed efforts to end the years-long war.

RELATED:

CNBC - Ukraine reportedly agrees to U.S.-brokered peace proposal - 5 hours 23 min ago

Deutsche Welle - Can Visegrad be revived despite differences on Ukraine? - 5 hours 48 min ago

NDTV - "Trump's Ukraine Peace Plan Goes In Right Direction, But...": France's Macron - 9 hours 30 min ago

COMMENTARY:

Sydney Morning Herald - Ukraine backs essence of peace deal - 1 hour 9 min ago

SCMP - Ukraine ready to advance peace plan, will discuss disputed points with Trump - 1 hour 16 min ago

The Independent - Ukraine and US agree ‘essence’ of peace deal as Trump says ‘we’re getting very close’ - 1 hour 26 min ago

Russia Today - Here’s why nobody asked the EU when coming up with the Ukraine peace plan - 3 hours 23 min ago

The Guardian - US brokers Ukraine talks in Abu Dhabi as Trump tries to push through deal - 6 hours 30 min ago

Indiatimes - Karoline Leavitt explodes live on camera in fiery showdown after reporter cuts her Ukraine answer - 9 hours 24 min ago

"Full Confidence In Security": Israel After Netanyahu's India Visit Deferred
NDTV - 3 hours 31 min ago
Israeli Prime Minister Benjamin Netanyahu's office has clarified that they are working to 'coordinate a new visit date' to India amid reports of his visit being postponed due to security concerns.

RELATED:

Deutsche Welle - India flights impacted by Ethiopia volcano ash cloud - 7 hours 21 min ago

NDTV - Man Behind 2,500-Crore Drug Racket Arrested In Dubai, To Be Deported To India - 11 hours 17 min ago

COMMENTARY:

Indiatimes - Cricket: South Africa on the verge of repeating Cronje & Co’s feat of winning a Test series in India - 53 min 10 sec ago

SCMP - Economics above politics? India and Canada to resume trade agreement talks - 12 hours 34 min ago

The Hindu - Ottawa close to uranium deal with India worth $2.8 billion: report - 14 hours 58 min ago

Bessent: New Fed chair pick coming by Christmas
FOX Business - 3 hours 59 min ago
Federal Reserve Chair Jerome Powell's term ends in May 2026, but that isn't stopping Treasury Secretary Scott Bessent from moving ahead with finding his replacement.

COMMENTARY:

Indiatimes - Who is Kevin Hassett? The frontrunner for Trump's next fed Chair, reports say - 1 hour 13 min ago

BusinessInsider - Trump could make a decision on a new Fed chair 'before Christmas.' See who's on the short list - 3 hours 23 min ago

SCMP - Trump eyes Christmas deadline to name new Fed chair: Bessent - 3 hours 50 min ago

Hong Kong: Young activists suffer in silence
Deutsche Welle - 4 hours 1 min ago
Five years after a Beijing-imposed national security law reshaped Hong Kong, two young ex-prisoners discover a freedom defined by an unsettling silence.

COMMENTARY:

SCMP - Dementia patient still missing in Hong Kong as doctor urges trackers for elders - 6 hours 9 min ago

Consumer confidence hits lowest point since April as job worries grow
CNBC - 4 hours 35 min ago
The board's Consumer Confidence Index slumped to 88.7, a drop of 6.8 points from the prior month for its lowest reading in seven months.

COMMENTARY:

Indiatimes - US consumer confidence deteriorates in November - 4 hours 36 min ago

New York Times - Consumer Bureau’s Bank Examiners Criticize New ‘Humility Pledge’ - 23 hours 21 min ago

Fed governor says current economy is 'calling for large interest rate cuts' to help job market
FOX Business - 4 hours 36 min ago
Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher.

COMMENTARY:

The Guardian - UK can create 5,400 jobs if it stops plastic waste exports, report finds - 9 hours 34 min ago

BusinessInsider - Workers are leaning into entrepreneurship as the job market's Great Freeze marches on - 10 hours 27 min ago

Indiatimes - Newly formed Bihar Cabinet holds first meeting, decides to provide 1 crore jobs to youth in 5 years - 11 hours 40 min ago

TSMC stock falls as it sues former exec alleging he took trade secrets to Intel
CNBC - 4 hours 49 min ago
TSMC on Tuesday filed a lawsuit against Wei-Jen Lo, a former senior vice president at the Taiwanese semiconductor firm who recently joined Intel.

Core wholesale prices rose less than expected in September; retail sales gain
CNBC - 5 hours 46 min ago
The producer price index was expected to increase 0.3% in September, according to the Dow Jones consensus estimate.

COMMENTARY:

Indiatimes - U.S. retail sales slow sharply in September with core decline — Is this signaling tariff-induced inflation or a U.S. recession risk? - 3 hours 5 min ago

Jim Cramer's top 10 things to watch in the stock market Tuesday
CNBC - 6 hours 9 min ago
Stocks were flat early this morning after yesterday's winning session, which was led by gains in major tech names.

COMMENTARY:

Indiatimes - US stock market today: Why the Dow is up but S&P 500 and Nasdaq are sinking as Alphabet jumps and Nvidia tumbles on Meta–Google chip talks - 4 hours 17 min ago

The Hindu - Stock markets fall for 3rd day on foreign fund outflows; Sensex drops nearly 314 points - 8 hours 53 min ago

Exclusive: Russia weighs how to prop up Russian Railways which is $51 billion in debt, sources say - Reuters
Reuters - 6 hours 29 min ago
Exclusive: Russia weighs how to prop up Russian Railways which is $51 billion in debt, sources say Reuters

RELATED:

BBC - Russia and Ukraine trade deadly strikes overnight - 14 hours 43 min ago

Deutsche Welle - Ukraine updates: US-Russia talks reported in Abu Dhabi - 16 hours 54 min ago

NDTV - South Africa Probes Ex-President's Daughter For Recruiting Men For Russia War - 18 hours 26 min ago

Reuters - Ukraine regroups after Geneva peace plan talks with US, Russia rejects European proposals - as it happened - Reuters - 22 hours 26 min ago

COMMENTARY:

Russia Today - NATO state seeks missiles able to strike deep inside Russia - 4 min 25 sec ago

Indiatimes - US push for Russia-Ukraine peace deal gains momentum as attacks on Kyiv kill 7 - 2 hours 7 min ago

BusinessInsider - A NATO ally staring down Russia is doubling down on HIMARS after Ukraine showed what they can do - 4 hours 16 min ago

The Guardian - Nato scrambles jets as Russian drones make deepest incursion into Romania - 4 hours 22 min ago

The Independent - Ukraine-Russia war latest: Kyiv has ‘accepted Trump-brokered peace deal’, US official claims - 6 hours 16 min ago

Sydney Morning Herald - US and Russia hold secret Ukraine peace talks in Abu Dhabi - 11 hours 6 min ago

SCMP - Ukraine and Russia exchange deadly barrages as negotiators race to refine deal - 13 hours 51 min ago

New York Times - Russia’s Invasion of Ukraine Prompts Debate Over Europe’s Military - 23 hours 21 min ago

US' Revised Ukraine Peace Plan Must Show Spirit of Trump-Putin Meet: Russia
NDTV - 7 hours 1 sec ago
Russian Foreign Minister Sergei Lavrov said on Tuesday that an amended peace plan for Ukraine must reflect the "spirit and letter" of understandings reached between President Vladimir Putin and US President Donald Trump at their Alaska summit.

RELATED:

Deutsche Welle - German club cuts ties with Russian gymnast linked to Putin - 23 hours 50 min ago

COMMENTARY:

Indiatimes - In Trump-Putin peace gambit, both sides bet on lure of business - 11 hours 50 min ago

The Independent - Ukraine-Russia war latest: Putin bombs Kyiv with drone swarm hours after Kremlin dismisses peace plan - 15 hours 10 min ago

Sydney Morning Herald - The West has started a pain contest with Putin – and he’s tough as nails - 19 hours 33 min ago

5 on board American Airlines flight hospitalized after odor diverts plane
FOX Business - 7 hours 42 min ago
American Airlines Flight 2118 was diverted to Houston, Texas, after the crew "reported fumes in the flight deck and cabin," according to the FAA.

COMMENTARY:

The Independent - Airlines urged to ditch unhealthy plane snacks in latest push to overhaul US travel - 53 min 44 sec ago

Indiatimes - Hayli Gubbi eruption: Ash cloud to reach North India by 10 pm; DGCA issues advisory to airlines - 17 hours 15 min ago

Alibaba shares rise as AI drives 34% cloud sales jump
CNBC - 9 hours 8 min ago
Alibaba reported a 34% year-on-year rise in cloud computing revenue to 39.8 billion yuan.

COMMENTARY:

Indiatimes - Alibaba stock surges as AI-powered cloud revenue beats Wall Street estimates and lifts BABA share price outlook — Is BABA a Buy? - 7 hours 35 min ago

SCMP - Alibaba posts 5% rise in quarterly revenue on AI, cloud momentum - 9 hours 3 min ago

Germany news: Police raid properties linked to bomb threats
Deutsche Welle - 9 hours 16 min ago
German authorities carry out raids across four states as they look into a case concerning a wave of bomb threats at schools and public spaces. Plus, events on the economy and foreign policy take place in Berlin.

RELATED:

Deutsche Welle - Germany news: Economy hampered in Q3 by weak exports - 10 hours 6 min ago

India's Russian oil binge to end in December as sanctions bite, sources say - Reuters
Reuters - 11 hours 29 min ago
India's Russian oil binge to end in December as sanctions bite, sources say Reuters

COMMENTARY:

Russia Today - No Ukraine peace without lifting Russia sanctions – EU member - 4 hours 41 min ago

India considering import tariff on some steel products, source says - Reuters
Reuters - 11 hours 42 min ago
India considering import tariff on some steel products, source says Reuters

COMMENTARY:

Indiatimes - India races to shield exporters as US tariffs bite: Major scheme guidelines set to be released soon - 3 hours 26 min ago

BusinessInsider - Abercrombie & Fitch, Walmart, Nike, and other major brands that say Trump's tariffs are pushing them to raise prices - 3 hours 31 min ago

The Hindu - Slash tariff on aluminium, ASMA appeals to Govt. - 4 hours 6 min ago

New York Times - Tariffs and Strike Drive ‘Once-in-a-Lifetime’ Boost for Canadian Wine - 10 hours 1 min ago

New York Post - How Trump plans to fund $2,000 tariff ‘dividend’ checks for most Americans - 21 hours 10 min ago

Europe set for dour open as markets shrug off Wall Street rebound
CNBC - 13 hours 36 min ago
European stocks are set for a soft open on Tuesday as regional markets shrugged off Wall Street's rebound at the start of the week.

COMMENTARY:

Indiatimes - S&P 500, NASDAQ and Dow futures see slight change after Wall Street ended the day on the higher side, powered by Alphabet and other AI stocks; here’s how key indices performed - 19 hours 7 min ago

Bitcoin Traders See Signs of Selloff Easing as Token Steadies - Bloomberg.com
Bloomberg - 14 hours 46 min ago
Bitcoin Traders See Signs of Selloff Easing as Token Steadies Bloomberg.com

COMMENTARY:

Indiatimes - Bitcoin price faces triple threat as ETFs sell, stablecoins drop, and long-term holders exit - 7 hours 44 min ago

BusinessInsider - 2 reasons the latest bitcoin meltdown will be harder to recover from than prior crashes - 9 hours 33 min ago

SCMP - Bitcoin mining in China rebounds, defying 2021 ban - 18 hours 7 min ago

Court seals records in investigation of teen's body found in singer D4vd's Tesla
BBC - 18 hours 17 min ago
The medical examiner's office says no details about the 15-year-old's death can be released or posted on its website.

COMMENTARY:

BusinessInsider - Tesla celebrated a coming FSD win in Europe — then a regulator said not so fast - 3 hours 39 min ago

The Independent - Tesla faces new lawsuit over design flaws after woman killed when car lost control - 12 hours 2 min ago

Indiatimes - Lawsuit accuses Elon Musk's Tesla of design flaws that led to fatal crash in Washington. What we know about doors that have been at the center of several crash cases - 19 hours 23 min ago

Amazon pushes in-house AI coding tool Kiro over competitors', memo shows - Reuters
Reuters - 19 hours 28 min ago
Amazon pushes in-house AI coding tool Kiro over competitors', memo shows Reuters

RELATED:

FOX Business - ‘Made in China?’: House panel demands Amazon come clean on product origins - 23 hours 49 min ago

COMMENTARY:

BusinessInsider - Amazon is selling a budget espresso machine we love at an all-time low ahead of Black Friday - 2 hours 2 min ago

Indiatimes - Thanksgiving 2025 meal deals: Here are the best Thanksgiving meal deals from Walmart, Target, Amazon & more - 6 hours 26 min ago

The Hindu - Amazon sites in Italy raided by police in China smuggling probe - 13 hours 53 min ago

Apple Cuts Jobs Across Sales Team
NDTV - 19 hours 36 min ago
Apple has cut dozens of jobs across its sales organization as it looks to streamline how it offers products to businesses, schools and governments, Bloomberg News reported on Monday, citing people familiar with the matter.

COMMENTARY:

New York Post - Apple CEO Tim Cook’s potential successors include four top execs including iPhone, Mac guru - 1 hour 12 min ago

BusinessInsider - The best early Black Friday Apple deals: Record-low prices on MacBooks, AirPods, iPads, and Apple Watches - 4 hours 59 sec ago

The Hindu - Apple cuts jobs across sales team - 15 hours 1 min ago

Indiatimes - Apple cuts dozens of sales roles in major restructuring - 16 hours 41 min ago

The Straits Times - Apple cuts jobs across its sales organisation in rare layoff - 20 hours 12 min ago

New Jersey deli fraudsters fail to pay millions of dollars in restitution, judge says
CNBC - 21 hours 46 min ago
Peter Coker Sr. and Peter Coker Jr. owe more than $5 million in restitution to retail investors and to the investment arms of Duke and Vanderbilt universities.

COMMENTARY:

The Guardian - Former Phoenix news anchor sentenced to 10 years for $63m fraud in Covid relief scheme - 23 hours 42 min ago