Business News
Nov. 25, 2024 6:45 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMOKE, LNG, UCO, COP, DVN, EOG, DBO, UNG, FCG, USL, SCO, UNL, BNO, TRGP, BOIL, KOLD, FANG, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA News Editor SlavkoSereda/iStock via Getty Images Crude oil futures fell sharply Monday, as the growing likelihood of a … Read more
‘The Bottom Line’ panelists weigh in as some companies look to distance themselves from politics. FIRST ON FOX: Walmart is making a slate of changes to its diversity, equity and inclusion (DEI) policies, becoming the latest in a growing list of major corporations to halt the so-called “woke” initiatives. Anti-woke activist and filmmaker Robby Starbuck, … Read more
WASHINGTON (Reuters) – A U.S. federal appeals court is expected to rule by Dec. 6 whether to uphold a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the U.S. by early next year or face a ban. President-elect Donald Trump has said he will not allow TikTok, which is used … Read more
Wall Street’s main indices edged higher, but small-cap stocks proved the highlight as they chalked up their first record intraday high in three years. The Russell 2000 gained as much as 2.5 per cent during Monday morning trading, to surpass its previous intraday peak from November 2021. However, the small-cap-focused index ultimately finished 1.5 per … Read more
The controversial China-born crypto entrepreneur Justin Sun has invested $30 million in President-elect Donald Trump’s World Liberty Financial, making him the largest investor in the decentralized finance project. “The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump!,” Sun, the founder of the cryptocurrency firm Tron, announced in a post on X Monday. “TRON … Read more
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the launch of the National Mission on Natural Farming (NMNF) as a standalone centrally-sponsored scheme under the Ministry of Agriculture & Farmers’ Welfare. The scheme has a total budget of Rs 2,481 crore (with Rs 1,584 crore from the Union government and Rs 897 … Read more
MicroStrategy (MSTR) said Monday it purchased another 55,000 bitcoins (BTC-USD) last week for $5.4 billion as the world’s largest cryptocurrency was trading at all-time highs. Shares of the company traded on both sides of the flat line following the news but closed the session down 4% In a filing with the SEC, MicroStrategy said it … Read more
Liudmila Chernetska/iStock via Getty Images BAE Systems (OTCPK:BAESF) has been awarded a $212.12M fixed price contract from the U.S. Navy for maintenance, modernization and repair of USS Green Bay for fiscal 2025 docking selected restricted availability. This contract includes options, which, if exercised, would bring its cumulative value
Rep. Jeff Van Drew, R-N.J., criticizes Democrats who are pushing back against President-elect Trumps border policies and explains how Congress can help DOGE cut spending waste. Sen. Joni Ernst, R-Iowa, on Monday sent a letter to Elon Musk and Vivek Ramaswamy outlining ways they could cut upward of $1 trillion in federal spending from the … Read more
WASHINGTON (Reuters) – A Republican senator has blocked the promotion of U.S. Army Lieutenant General Christopher Donahue, who commanded the military’s 82nd Airborne Division during the U.S. withdrawal from Afghanistan and was the last American soldier to leave the country in 2021. A U.S. official, speaking on condition of anonymity, said the hold had been … Read more