Reports Financial News

What really drove Mark David Chapman to kill John Lennon 44 years ago? Confession from 2020 surfaces

Israel Defense Forces on Tuesday denied reports that soldiers were operating beyond a buffer zone along the Israel-Syrian border. «Reports circulating in some media outlets claiming that IDF forces are advancing or approaching Damascus are completely incorrect,» tweeted Col. Avichah Adraee, the IDF's Arabic language spokesperson. «IDF forces are present inside the buffer zone and at defensive points close to the border in order to protect the Israeli border.» He was contradicting a Reuters report saying Israeli forces had reached the southern village of Qatana, which is 10 km inside Syria and were within 25 km of Damascus.

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.

Gold prices nudged higher to touch a two-week peak on Wednesday, supported by escalating geopolitical tensions and expectations of another rate cut by the Federal Reserve next week, ahead of a closely watched U.S. inflation report.

Chinese military activity around the island on Wednesday, including 53 military aircraft, with Taiwan on high alert over Beijing's latest pressure campaign. China's military has yet to comment and has not confirmed it is carrying out any military exercises. China, which views democratically governed Taiwan as its own territory, had been expected to launch drills to express its anger at President Lai Ching-te's tour of the Pacific that ended on Friday, which included stopovers in Hawaii and the U.S. territory of Guam.

General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit

U.S. Defense Secretary Lloyd Austin has met with officials in Japan to reaffirm the importance of their alliance and Washington's commitment to regional security as threats rise from China and North Korea

U.S. stock indexes drifted lower in the runup to the highlight of the week for the market, the latest update on inflation

A Southwest Airlines jet and a small plane wound up on the same runway in California in October after an air traffic controller cleared both planes to land on the same runway

Chinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relationships ahead of President-elect Donald Trump's planned tariffs on China.

Luigi Mangione, the man arrested in connection with the killing of UnitedHealthcare CEO Brian Thompson, is expected to fight extradition to New York where he has been charged with murder.Speaking with reporters on Tuesday evening, following a court appearance earlier that afternoon, defence lawyer Thomas Dickey said he had advised his client Mangione to not waive extradition and to plead not guilty to charges he faces in Pennsylvania and New York.“I haven’t seen any evidence that says he’s the shooter,” he said. “The fundamental concept of American justice is a presumption of innocence until you’re proven guilty beyond reasonable doubt, and I’ve seen zero evidence at this point.”Prior to Tuesday’s hearing, video showed Mangione in an orange jumpsuit as he was led into the court building.

The Bank of Canada is set to make its final policy rate decision of the year on Wednesday, with markets now betting the central bank will make another outsized cut of 50 basis points, bringing the rate down to 3.25 per cent.

A flurry of satirical articles and angry comebacks followed U.S. president-elect Donald Trump’s recent crack about making Canada the 51st state.

Mark Gastineau, even though the field performance has long been over, his adventure and excitement around the sport has not faded away. According to reports, he would be shown confronting Brett Favre at a Chicago sports memorabilia show last year, in an upcoming ESPN documentary, that will cover the life and lies of top personalities like Gastineau, from the sport. Did Mark Gastineau carry a grudge against Brett Favre? Gastineau is reportedly angry at Favre for giving Michaeil Strahan an easy sack in the January of 2002, which reportedly cost Gastineau his single-season record in NFL. This was the fundamental of the two-decade-long grudge of Gastineau and Brett Favre, something that will visually come to the public eye after the docuseries is finally released by ESPN.

Jennifer Lopez's edgy post-divorce style. Since her breakup with Ben Affleck, Jennifer Lopez has been sporting bold revenge-style ensembles with risqué cutouts and barely-there details, each one a bold reminder of what Affleck left behind. Anyone following her on the red carpet knows this, as quoted in a report by SheKnows. She unexpectedly appeared on the red carpet at the Wicked premiere last November wearing a gorgeous Zuhair Murad gown from the designer's Spring 2024 couture collection, which featured earth tones with elaborate beading and side cutouts on the bodice.

Megan Fox and Machine Gun Kelly split up just a week after the couple's pregnancy announcement was confirmed, something that has shocked netizens and the fans of both the celebrities. According to a People's report, the couple who were together for four years now, announced their split after a couple of weeks of announcing that they're expecting their first child together. TMZ was actually one of the first to report on the Megan Fox and Machine Gun Kelly news, and now Fox has confirmed the news of pregnancy through her social media posts, where she has also tagged Kelly. According to reports, this will be Fox's fourth child and Kelly's second, and the couple will have a lot of responsibility moving ahead with the stages of pregnancy, as they are reportedly not a couple anymore, and may face some relationship complications around the same. Fox is a mom to sons Noah who is aged 12, and Bodhi, aged 10, and Journey, currently aged 8, with ex-husband Brian Austin Green. Kelly, on the other hand is a dad to daughter Casie, who is now aged 15.

Gold, often used as a safe store of value during times of political and financial uncertainty, tends to appreciate on expectations of lower interest rates, which reduce the opportunity cost of holding the non-yielding asset. «If the Chinese government's economic stimulus measures boost the economy, China and India could provide a solid basis for gold demand in 2025,» the company said in a report. China's central bank resumed buying gold for its reserves in November after a six-month pause, official data by the People's Bank of China (PBOC) showed on Saturday.

Europe and West Asia while stretching 745 miles from the northern Turkish border to the southern Persian Gulf in Iraq, reported The Mirror US. According to The Mirror US, this ambitious initiative aims to create a network of roads, railways and ports while enhancing severe connectivity and reducing travel time between Asia and Europe and thereby competing with the Suez Canal. The project will be reportedly build upon the Grand Al Faw Port which will be eventually facilitating the export capabilities of Iraq and is seen as a pivotal step toward diversifying the country's economy beyond oil. Also Read: Is Nissan heading for bankruptcy; will Honda buy the iconic Japanese auto maker? Here's what reports are saying

Italian media reported that rescuers have found the body of the last missing person at the site of the explosion that hit a fuel depot a day earlier in the central Tuscany region

If you want to get yourself thoroughly depressed, spend a little time looking at statistics about Americans’ retirement preparedness

BJP on Tuesday termed INDIA bloc's move to submit a notice for removal of Rajya Sabha Chairman Jagdeep Dhankhar as «extremely regrettable», saying the government was very proud of him. Addressing a press conference here, Union parliamentary affairs minister Kiren Rijiju said that they were happy with the work of the Rajya Sabha chairman while assuring that the NDA has the majority in the House. «The Opposition disrespects the dignity of the chair, be it in the Rajya Sabha or the Lok Sabha. We all know that in the parliamentary tradition, the Speakers of Lok Sabha and Rajya Sabha are our guides. Whoever sits on the chair, we have to obey them. Congress party and their alliance partners continuously behaved wrongly by not following the direction of the chair,» he said. Rijiju said that Dhankhar comes from a humble background and talks about farmers' and people's welfare inside and outside the Parliament. «He guides us. We respect him,» Rijiju said.