Business News
“God, grant me the serenity to accept the things I cannot change,” wrote Jamie Lee Curtis of her decision to leave the social media site X. The actress is among several big names to jump ship from Elon Musk’s platform this month, citing a lurch to the right, misinformation and a lack of moderation. “Tried … Read more
Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates. In September, its officials predicted that they would reduce their benchmark rate four times next year, on top of three rate cuts this … Read more
Strap: Surabhi Even as India’s export growth has gained momentum in recent months, Chief Economic Adviser V Anantha Nageswaran, on Thursday, cautioned that there is growing protectionism and “de-globalisation” risks and there should not be too much expectation that global growth and global exports would lift up domestic exports. He highlighted that instead it is more important to … Read more
ExxonMobil Exploration & Production Suriname, an affiliate of ExxonMobil, has announced its withdrawal from Block 52 offshore Suriname. This move is part of an ongoing assessment of its global portfolio by ExxonMobil, which has formally notified Staatsolie, a vertically integrated state-owned commercial entity, of its exit from the block. The company will transfer its 50% … Read more
RomanBabakin Huawei Technologies intends to begin mass-manufacturing of its most advanced AI chips in the first quarter of 2025, despite struggles to make enough processors due to U.S. export curbs, Reuters reported, citing people with knowledge of the matter. The Chinese
Former President Trump announces a new tax credit proposal while at his rally in Madison Square Garden. The state of Michigan is on track to allow for the unionization of home health care workers, including caregivers aiding ill and infirm family members, starting next year in a move that critics say would hurt caregivers The Democrat-controlled … Read more
By Anastasiia Malenko, Tom Balmforth and Max Hunder KYIV (Reuters) -Russia launched an intercontinental ballistic missile during an attack on Ukraine on Thursday, Kyiv’s air force said, in the first known use in the war of a powerful weapon designed to deliver nuclear strikes thousands of kilometres away. The launch was the latest sign of … Read more
More than 40,000 people marched on the New Zealand capital this week, in a show of anger at a proposed overhaul of a treaty underpinning Maori rights, as a conservative backlash against the liberal policies of former prime minister Jacinda Ardern gained traction. The protest — which included the famous “haka” dance — demonstrated the … Read more
As incoming White House chief of staff, one of Susie Wiles’ vexing challenges will be policing the buffet line of powerful interests who want something from Donald Trump. It’s a world she knows well. During Trump’s first presidency, she lobbied for many of them. Trump was first elected on a pledge to “drain the swamp” in … Read more
Aside from being multibillionaires, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett and MicroStrategy (NASDAQ: MSTR) CEO Michael Saylor don’t have too much in common. One is a traditional investor in his mid-90s while the other is in his late 50s and has branched out into newer investing ideas. Buffett has previously referred to Bitcoin … Read more