Nov Financial News

Federal investigators in New York have requested records from the manufacturer of an AI-powered weapons scanner that was briefly deployed in New York City’s subway system

Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut interest rates, but as a group agreed to avoid giving much guidance from here on about how U.S. monetary policy is likely to evolve. There was uncertainty about the direction of the economy, Fed officials noted, according to the minutes of the Nov. 6-7 meeting, uncertainty about just how much the current level of interest rates was doing to restrict the economy — a key issue in deciding how much further rates should fall — and a developing case to step carefully.

Federal Reserve rate cut next month.

As Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump.

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from the November meeting released Tuesday.

Small business owners have had a mostly positive reaction to a judge’s decision to strike down an overtime rule that would have qualified more workers for overtime pay

Best Buy on Tuesday reported another quarterly drop in sales as Americans continued to tighten their purse strings on appliances and gadgets to focus on essentials

A commercial affiliate of the Major League Baseball Players Association reached a licensing agreement with FanDuel after agreeing to dismiss a lawsuit against the company

Subscribe to enjoy similar stories. Can Elon Musk make a run at acquiring MSNBC? It would be a steep climb. One big reason: it isn’t for sale.

State health officials say the bird flu virus was detected in a retail sample of raw milk from a dairy in Fresno, California

Gold prices fell on Tuesday to their lowest in more than a week, weighed down by a stronger dollar and reports of a potential Israel-Hezbollah ceasefire that dampened safe-haven demand.

Dockworkers at the Port of Montreal say they are set to begin mediation with employers after a six-day work stoppage earlier this month.

More shoppers are using ‘buy now, pay later’ plans heading into Black Friday and the holiday season, as the ability to spread out payments looks attractive at a time when Americans still feel the lingering effect of inflation and already have record-hi...

Diddy would reside on Manhattan's Upper East Side; a decision is anticipated next week. On Friday, November 21, Sean Diddy Combs made his third bail application in court. At a hearing on Friday, Nov. 21, the judge stated that he expects to decide by next week, but no decision was made today regarding Sean Diddy's' bail request. Combs, 55, wore a khaki outfit provided by the jail and entered the Manhattan federal courtroom through a side door. He waved to his family, which included his twin 17-year-old daughters, in the second row while grinning. After a contentious two-hour hearing, Judge Arun Subramanian directed the defence team and the U.S. Attorney's office to elaborate on Combs's communication from behind bars during the two months since his arrest on trafficking charges, as quoted in a report by People.

President-elect Donald Trump nominates Key Square founder Scott Bessent as his pick for Treasury secretary.

Italian lender UniCredit on Monday offered to snap up its domestic rival Banco BPM for roughly 10 billion euros ($10.5 billion) in a move it says is separate from its pursuit of German bank Commerzbank.

A federal judge in Texas is set to hold a hearing on whether the satirical news outlet The Onion made a valid bid for the Infowars platforms of conspiracy theorist Alex Jones

Donald Trump Jr. is reportedly playing a key role in shaping the cabinet selections of his father, President-elect Donald Trump, according to USA Today.

Oil prices hovered near two-week highs on Monday following 6% gains last week, as geopolitical tensions heightened between western powers and major oil producers Russia and Iran, raising risks of supply disruption. Brent crude futures climbed 13 cents, or 0.2%, to $75.30 a barrel by 0115 GMT, while U.S. West Texas Intermediate crude futures were at $71.38 a barrel, up 14 cents, or 0.2%.

China are stepping up safety management and police patrols following several high-profile mass killings, as the central government calls for enhanced public security, media reports said on Sunday. In the eastern city of Wuxi, where a 21-year-old student's stabbing spree left eight people dead and 17 injured on Nov. 16, local officials convened on Friday to discuss measures to maintain social stability, state-run local media reported. Campus safety was a focus point of the meeting, according to the report. These safety initiatives come nearly two weeks after the deadliest mass attack in China in a decade on Nov. 11, when a man reportedly upset over his divorce drove into a crowd in Zhuhai, killing 35 people.

Indian Navy's sail training ship, INS Tarangini, participated in joint sailing with the Italian sail ship Amerigo Vespucci here, Defence officials said on Sunday. The exercise conducted off the Kochi coast highlights the Indian Navy's commitment to global seafaring traditions and fostering international partnerships, it said. In a post on 'X', the Defence PRO said: "#INSTarangini & Italy's Amerigo Vespucci showcased maritime camaraderie during a Joint Sail off #Kochi on 22 Nov 24. Enhancing training, interoperability & friendship, this collaboration reflects a shared vision for global seafaring excellence." The ships jointly exercised various sail manoeuvers, enhancing training cooperation, interoperability and sharing of best practices, a Defence release said.