Headlines Financial News

Professional Capital Management CEO and founder Anthony Pompliano analyzes whether to buy bitcoin, the de-banking debate and latest developments in the UnitedHealthcare CEOs fatal shooting.

In an exclusive interview with FOX Business Edward Lawrence, Federal Reserve Bank of San Francisco President Mary Daly talks next rate decisions, keeping the economy in a good place and potential impacts from a second Trump administration.

inflation that could provide clues on the pace of Federal Reserve interest rate cuts. The Australian dollar sagged near a four-month low after a dovish tilt to the central bank's policy outlook a day earlier. That also weighed on New Zealand's kiwi, which languished near a one-year trough.

Wall Street's main indexes closed lower on Tuesday as technology sector losses offset gains in communications services while investors waited for key inflation reports that may influence the Federal Reserve's next interest rate decisions. Among the S&P 500's 11 major industry sectors, only three ended with gains a day ahead of the November reading of the Consumer Price Index, one of the last major reports ahead of the Fed's Dec. 17-18 meeting. Headline inflation is expected to have risen slightly in November to 2.7% from 2.6% in October. The Producer Price Index report will follow on Thursday.

Subscribe to enjoy similar stories. The war on inflation has a new general leading the charge, as India's top revenue officer Sanjay Malhotra moves from North Block to Mint Road. On Monday, the Union cabinet's appointments committee named the 1990 batch IAS officer to lead the Reserve Bank of India, a day before governor Shaktikanta Das leaves at the end of six years at its helm.

Asian equities tracked a drop in US shares ahead of jobs data that may help shape the direction of the Federal Reserve’s policy path later this month. Equities in Japan, Australia and futures in Hong Kong all fell, taking cues from the downbeat mood on Wall Street. The S&P 500 dropped 0.2% and the tech-heavy Nasdaq 100 slipped 0.3%, their first declines in five sessions.

Keerthy Suresh, a popular name in South Indian cinema, is making her Bollywood debut with the film Baby John. Alongside this professional milestone, Keerthy recently made personal headlines by publicly revealing her relationship with her long-time boyfriend, Antony Thattil, a Dubai-based businessman. The couple has announced that they will marry on December 12th, with the wedding set to take place in Goa in a grand celebration. As news of her upcoming wedding spread, fans and celebrities alike flooded social media with their best wishes for the couple. Many followers took note of the date, pointing out that December 12th is also the birthday of Tamil cinema legend Rajinikanth, further adding significance to the occasion. This has further created a huge hype regarding her wedding.

Subscribe to enjoy similar stories. Air pollution and deteriorating air quality have become hot topics in recent times, grabbing headlines for their impact on human health. Our feline companions are equally at risk, though their suffering is often unnoticed until the condition becomes severe.

The Bank of Nova Scotia on Tuesday reported a higher fourth-quarter profit than last year, but missed analyst expectations.

Q2 earnings season, the worst since June 2020, was not enough, stock market investors are now dealing with another headache after the Q2 GDP growth of 5.4% was at its lowest in the last seven quarters. With Sensex and Nifty already down 7-8% from their peaks amid record-breaking pullout by FIIs, brokerages are now lowering the India GDP targets which may eventually start reflecting on the equity market outlook as well.

Subscribe to enjoy similar stories. Saudi Arabia’s unprecedented attempt to diversify from an oil economy to something more sustainable seems to be churning along nicely. The female labour participation rate has nearly doubled to 36% from 2016, the year Crown Prince Mohammed bin Salman laid out his Vision 2030.

Zomato has introduced a «special weekend» offer for its Gold membership program, subtly referencing their CEO, Deepinder Goyal, who recently made headlines for an unusual ₹20 lakh job offer. The company posted on X (formerly Twitter) with the message, «update from CEO.» Earlier this month, Goyal announced that he was looking for a Chief of Staff, stating that the candidate would need to pay a ₹20 lakh «fee» and work for free. He later clarified that the steep fee was intended as a «filter» and would not actually be collected. In a playful jab at the earlier controversy, Zomato's social media team shared a quirky post promoting its weekend offer, humorously claiming it was approved by the «Chief of Marketing Staff,» another subtle dig at the situation.

Tamil superstar Ajith Kumar is back in the headlines, not for his acting prowess. He is all set to reignite his passion for motorsports by returning to the racing track. Known for his versatility both on-screen and off, Ajith’s upcoming racing endeavor has captured the attention of fans and fellow celebrities alike, with many hailing his fearless pursuit of dreams. Fellow actor Madhavan has expressed his admiration for him. Madhavan praised Ajith’s relentless pursuit of his dreams, highlighting his incredible determination and unwavering commitment. Madhavan shared his excitement about the upcoming racing season, expressing his eagerness to watch Ajith in action on the track. For Madhavan, Ajith's drive to follow his passions, regardless of challenges, is truly inspiring. «What an unbelievable and incredible man… He just goes after his dreams, no matter what… » Madhavan said in a post with a video of Ajith Kumar in racing gears. The respect between the two actors is clear, with Madhavan acknowledging Ajith’s remarkable ability to chase his goals with such dedication.

Consumer Price Index (CPI) decline by up to 6.5 percentage points in rural areas and 3.4 percentage points in urban areas, going by the Household Consumption Expenditure Survey (HCES) 2022-23, experts said. A government panel is looking into changes to the CPI basket and base year revision of the inflation series. The CPI was last revised in 2011-12 as the HCES held in 2017-18 was junked due to inaccuracies.

Chicago Federal Reserve Bank President Austan Goolsbee opens up about the impact of the Federal Reserves moves on The Claman Countdown.

Despite the cumulative 75-basis-point cut by the United States Federal Reserve since September and the 125-basis-point cut by the Bank of Canada since June, the most recent loan officer surveys for both countries showed lending standards actually tightening.

Angelina Jolie has been grabbing the headlines recently due to her legal disputes with Brad Pitt. The actress is back in the spotlight after reports emerged that she is planning to leave Los Angeles. While she has always been an avid traveller, 2024 has seen Jolie spend a considerable amount of time in New York City due to her involvement in producing The Outsiders on Broadway. According to OK! Magazine, Jolie plans to leave Los Angeles as soon as her children, Maddox (23), Pax (20), Zahara (19), Shiloh (18), and 16-year-old twins Knox and Vivienne, are all adults. The reports mention that the actress has always felt happiest “when she and the children travelled”, experiencing different cultures, learning from local tutors, and embracing new ways of life. This lifestyle has always been a key part of their family dynamic. Once her children are all grown, Jolie is expected to return to her solitary ways, with the ease of having friends in Europe making travel easier for her.

Abhishek Bachchan has recently made headlines for several reasons, including unconfirmed rumors about him and wife Aishwarya Rai Bachchan calling it quits after nearly two decades of marriage as well as his noticeable absence from his daughter Aaradhya's birthday celebration. While these personal matters have sparked widespread speculation, Abhishek has also been receiving praise for his compelling performance in Shoojit Sircar’s film I Want To Talk.

Bharti Airtel to “positive” from stable, as it expects the Sunil Mittal-led telco’s earnings and cash flows to rise over the next 24 months, gaining from the industry-wide headline rate hikes of July. The positive outlook, it added, reflects the possibility of an improvement in Airtel’s stand-alone credit profile (SACP) owing to its healthy earnings and easing leverage. In an official statement Friday, the global ratings agency, though, said Airtel’s upgrade could “remain contingent” on a similar action on the sovereign rating on India.

Adani Enterprises, Adani Green, JSW Energy, Afcons Infra, Tata Power among others will be in focus due to various news developments. Adani Enterprises, Adani Green Shares of Adani Enterprises, Adani Green and few other group stocks will be in focus following a sharp 20% fall on Thursday due to US indictment against Gautam Adani.

air pollution, with COPD (chronic obstructive pulmonary disease) as the leading cause (32.5%), followed by ischemic heart disease (29.2%), stroke (16.2%), and lower respiratory infections (11.2%). Delhi-NCR's notorious air quality may grab headlines. But air pollution, whether people are willing to believe it or not, is a national crisis. Climate change isn't helping.