November 2024

anadas-economy-grows-1-percent-in-q3-amid-sluggish-momentum

Canada’s Economy Grows 1% in Q3 Amid Sluggish Momentum

Canada’s economy grew at an annualized rate of 1% in the third quarter, aligning with market expectations, according to Statistics Canada data released Friday. The growth was supported by household and government

3 months ago

Economy

ukrainian-mp-stresses-importance-of-nato-security-guarantees-in-ceasefire

Ukrainian MP Stresses Importance of NATO Security Guarantees in Any Ceasefire

Ukrainian MP Kira Rudik has emphasized that obtaining security guarantees from NATO is critical in any proposed ceasefire with Russia. Speaking to Sky News, Rudik warned that without robust guarantees, there would

3 months ago

Politics

Dow Jones and S&P 500 Hit Record Highs to Cap Strong November

The Dow Jones Industrial Average rose 188.59 points (0.42%) to close at 44,910.65, and the S&P 500 climbed 0.56% to 6,032.38, both hitting new intraday and closing records. The Nasdaq Composite jumped

3 months ago

Markets

UK Mortgage Holders Face Rate Hikes as Bank of England Warns of Global Risks

The Bank of England’s latest financial stability report warns that around half of UK mortgage holders—4.4 million homes—are set to refinance at higher rates over the next three years. However, the report

3 months ago

Economy

Rivian Secures $6.6 Billion DOE Loan to Expand EV Production

Rivian, the California-based electric vehicle (EV) manufacturer, has been conditionally approved for a $6.6 billion loan from the U.S. Department of Energy (DOE). The funding comes from the DOE’s Advanced Technology Vehicle

3 months ago

Investing

Marco-o1: Alibaba’s Advanced Reasoning Model Redefines Open-Ended Problem Solving

Building on the success of OpenAI o1 and the concept of large reasoning models (LRMs), Alibaba has unveiled Marco-o1, a fine-tuned model designed to handle open-ended problems with complex, ambiguous solutions. Unlike

3 months ago

Tech

Adani Group Faces $55 Billion Stock Market Loss Amid Fraud Indictment

India’s Adani Group announced a staggering $55 billion loss in market capitalization across its 11 listed companies following a fraud indictment by U.S. prosecutors. The charges, unveiled on November 20, allege that

3 months ago

Business

Inflation Edges Higher in October as Fed Weighs Interest Rate Reductions

Inflation ticked upward in October, according to the Commerce Department, offering a nuanced picture as the Federal Reserve evaluates its next moves on interest rate reductions. The personal consumption expenditures (PCE) price

3 months ago

Economy

south-korea-surprise-interest-rate-cut-november

South Korea Makes Surprise Interest Rate Cut Amid Growth Concerns

South Korea’s central bank, the Bank of Korea (BOK), surprised markets on Thursday by cutting its benchmark interest rate by 25 basis points to 3.00%. This marks the second consecutive rate cut,

3 months ago

Economy·World

microsoft-ftc-scrunity-in-antitrust-investigation

Microsoft Faces FTC Scrutiny in Antitrust Investigation

Microsoft is under the lens of the Federal Trade Commission (FTC) as the agency launches a sweeping investigation into the company’s business practices. The FTC recently sent a letter demanding information from

3 months ago

Business

Canada’s Economy Grows 1% in Q3 Amid Sluggish Momentum

Ukrainian MP Stresses Importance of NATO Security Guarantees in Any Ceasefire

Dow Jones and S&P 500 Hit Record Highs to Cap Strong November

UK Mortgage Holders Face Rate Hikes as Bank of England Warns of Global Risks

Rivian Secures $6.6 Billion DOE Loan to Expand EV Production

Marco-o1: Alibaba’s Advanced Reasoning Model Redefines Open-Ended Problem Solving

Adani Group Faces $55 Billion Stock Market Loss Amid Fraud Indictment

Inflation Edges Higher in October as Fed Weighs Interest Rate Reductions

South Korea Makes Surprise Interest Rate Cut Amid Growth Concerns

Microsoft Faces FTC Scrutiny in Antitrust Investigation

Latest Posts

Berkshire Hathaway Sells S&P 500 ETFs Amid Market Concerns

Delta Air Lines Offers $30,000 Compensation After Crash-Landing

US Jobless Claims Rise Amid Federal Layoff Concerns