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Donald Trump's presidential transition team are laying the groundwork for the United States to withdraw from the World Health Organization on the first day of his second term, according to a health law expert familiar with the discussions.

Walmart and the workforce payments company Branch Messenger on Monday of forcing more than a million delivery drivers into using accounts that cost them more than $10 million in junk fees, Reuters reported.

Auto expert Mike Caudill joins 'Cavuto: Coast to Coast' to discuss the likelihood of a merger between Honda and Nissan and how it could impact the brands.

Palantir Technologies and defense tech company Anduril Industries are in talks with about a dozen competitors to form a consortium that will jointly bid for U.S. government work, the Financial Times reported on Sunday. The consortium, which could announce agreements with other tech groups as early as January, is expected to include SpaceX, OpenAI, autonomous shipbuilder Saronic and artificial intelligence data group Scale AI, the newspaper said, citing several people with knowledge of the matter. «We are working together to provide a new generation of defence contractors,» a person involved in developing the group told the newspaper.

The benchmark S&P 500 is up more than 24 per cent for 2024, even after a major stumble this week, and Wall Street has historically often enjoyed a strong annual close, according to the Reuters report. Since 1969, the last five trading days of the year combined with the first two of the following year have yielded an average S&P 500 gain of 1.3 per cent, a period known as the «Santa Claus Rally», according to the Stock Trader's Almanac. But this year, there are signs Santa Claus may disappoint, Reuters reported.

Israeli spyware maker Paragon to Florida-based AE Industrial Partners. On Monday, a person familiar with the deal confirmed its broad outlines to Reuters. Israeli media outlets, without citing sources, said the deal had secured the approval of American and Israeli officials.

inflation as their comments echo Fed chief Jerome Powell's call for caution. The US Fed policymakers, fresh from an interest rate cut this week, fleshed out on Friday the case for reducing borrowing costs more slowly next year as they assess progress in lowering inflation and the impact of tariffs and other policies promised by President-elect Donald Trump, Reuters reported. San Francisco Fed President Mary Daly, who supported the U.S. central bank's decision on Wednesday to cut its benchmark overnight rate by a quarter of a percentage point to the 4.25 per cent-4.50 per cent range, and Cleveland Fed President Beth Hammack, who dissented against it, both said the meeting's outcome was a «close call.» Daly and two other Fed policymakers who spoke on Friday said they felt the central bank would likely resume its rate-cutting next year, but signaled they would take their time doing so now that, as Daly put it, the «recalibration phase» is over, as per Reuters report. «We're in the next phase, and that next phase is really looking at the incoming information,» Daly said in an interview with Bloomberg Television.

According to data from the Office for National Statistics, borrowing – measured as the difference between public sector spending and income – was £3.4bn less than 12 months ago. Figures came in slightly less than economists' expectations, who were polled by Reuters, leading to a boost for the chancellor Rachel Reeves with the new year on the horizon.  Outlook 2025: The state of the UK's capital markets as we enter 2025 According to Jessica Barnaby, deputy director of public sector finances at the ONS, this reduction this was driven by central government tax receipts which «grew com...

Manipur this year, Indian security officers said, inflaming the bitter 19-month ethnic conflict there with weapons and battle-hardened cadres. This has led to an increase in violence between Manipur's dominant and mostly Hindu Meitei community and the mainly Christian Kuki tribes — a conflict that critics say is the biggest law-and-order failure of Prime Minister Narendra Modi's 11-year-old government. Since May 2023, some 260 people have been killed in the fighting and more than 60,000 displaced. Nine Indian military and police officers who spoke to Reuters, plus several politicians and rebel sources in Myanmar, described a conflict that is spreading to new areas as militants from the rival groups come across the border to Manipur.

US Department of Commerce has recently asked Nvidia to look into how the company's products ended up in China over the past year, The Information reported on Thursday, citing a person close to the department. The chip giant has asked big distributors such as Super Micro Computer and Dell Technologies to conduct spot checks of their customers in Southeast Asia, the report said. Nvidia's artificial intelligence chips are embedded in server products made by Super Micro and Dell. The Information reported that five different people involved in smuggling Nvidia chips said they have managed so far to evade detection during recent inspections by Super Micro.

WHY IT'S IMPORTANT Persistent deflationary pressure and tepid credit demand call for more stimulus to aid the broad economy, but narrowing interest margin on the back of fast falling yields and a weakening yuan limit the scope for immediate monetary easing.

interest margins and a weakening yuan create limits for immediate monetary easing. The one-year loan prime rate (LPR) was kept at 3.10%, while the five-year LPR was unchanged at 3.60%.

Chinese hackers specifically a group known as ‘Salt Typhoon’, reported Reuters. According to Reuters, the Cybersecurity and Infrastructure Security Agency (CISA) has issued guidance while recommending the use of end-to-end encrypted communication methods which are available in renowned apps like WhatsApp, iMessage and Signal. On the other hand, regular phone communications are not actually encrypted and can be intercepted by telecom companies, law enforcement or hackers. The Salt Typhoon hackers have reportedly compromised at least eight telecommunications firms in the US while leading to significant data breaches. A senior US official described these incidents as potentially the largest telecommunications hack in US history, asserted Reuters.

labor market conditions. Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 220,000 for the week ended Dec. 14, the Labor Department said on Thursday. Economists polled by Reuters had forecast 230,000 claims for the latest week. Claims have entered a period of volatility, which could make it challenging to get a clear view of the labor market. A range of indicators including claims and job openings suggest that conditions are much looser than they were before the COVID-19 pandemic, but the labor market is slowing in an orderly fashion.

Liz Bentley Associates President and founder Liz Bentley discusses the benefits of remote work as some businesses push for their employees to return to the office full-time.

influencer Andrew Tate and his brother Tristan over unpaid taxes. As reported by Reuters, the ruling from Westminster Magistrates’ Court follows allegations that the Tates failed to pay taxes on £21 million in revenue generated from their online businesses between 2014 and 2022. Judge Paul Goldspring found evidence of deliberate tax evasion, marking a critical escalation in the brothers' legal troubles across multiple jurisdictions.

national security concerns after its home internet routers were linked to cyberattacks, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. In August two U.S. lawmakers urged the Biden administration to probe the Chinese router-manufacturer and its affiliates over fears their Wi-Fi routers could be used in cyber attacks against the U.S., according to a letter seen by Reuters. The Commerce, Defense and Justice departments have opened separate probes into the company, with authorities targeting a ban on the sale of TP-Link routers in the U.S. as early as next year, the report said.

According to a Reuters source, the e-commerce giant is exploring this option in order to facilitate its widely-anticipated float on the London Stock Exchange. Friday Briefing: And the exodus continues? If approved, this would likely mark the first time a company has been permitted to list below the 10% rule. Shein is expected to float with a £50bn market cap next year. Its potential launch on the LSE follows controversies surrounding two cases of child labour that the Singapore-headquartered retailer said it had found in its supply chain back in August. FCA pressed to block S...

Lieutenant General Igor Kirillov, who was chief of Russia's Nuclear, Biological and Chemical Protection Troops, was killed outside an apartment building along with his assistant when a bomb hidden in an electric scooter went off, Russia's Investigative Committee, which probes serious crimes, said. An SBU source confirmed to Reuters that the Ukrainian intelligence agency had been behind the hit. «The liquidation of the chief of the radiation and chemical protection troops of the Russian Federation is the work of the SBU,» the source said.

Uber Technologies and its CEO Dara Khosrowshahi each donated $1 million to U.S. President-elect Donald Trump's inaugural fund, a company spokesperson told Reuters on Tuesday. The ride-hailing firm joins a list of several large businesses that have sought to build a positive relationship with the incoming Trump administration after he won the election in November. The donations by Uber and Khosrowshahi were first reported by The Wall Street Journal earlier in the day.

SpaceX, the space venture of billionaire entrepreneur Elon Musk, caused a loss of ground control for at least an hour during a mission that included the first private spacewalk in history, according to three people familiar with the problem. The spacewalk, part of SpaceX's five-day Polaris Dawn mission, was carried out by private astronauts including Jared Isaacman, a fellow billionaire and longtime Musk partner who is now nominated by incoming President Donald Trump to be administrator of the National Aeronautics and Space Administration, or NASA. The outage, which has not previously been reported, meant that SpaceX mission control was briefly unable to command its Dragon spacecraft in orbit, these people said. The vessel, which carried Isaacman and three other SpaceX astronauts, remained safe during the outage and maintained some communication with the ground through the company's Starlink satellite network.