News

Wed, 26 Nov 2025 15:30:04 GMT

Genesis Mission Launch

Trump orders the Genesis Mission, a government-wide AI effort using federal scientific data to build advanced models and speed research breakthroughs.

Wed, 26 Nov 2025 12:40:05 GMT

Deutsche Bank Raises 2026 Gold Forecast

Deutsche Bank lifts its 2026 gold price forecast to $4,450/oz from $4,000, citing steady investor demand and strong central bank buying.

Wed, 26 Nov 2025 12:30:05 GMT

Dick's Sporting Goods Q3 Update

DKS missed Q3 profit estimates and warned of up to $750M in Foot Locker cleanup charges, sending shares down 6% as margins are expected to drop.

Wed, 26 Nov 2025 09:30:05 GMT

India's Russian Oil Imports Surge

India's November oil imports from Russia hit a five-month high as refiners rushed to secure discounted Russian crude before the U.S. sanctions deadline.

Wed, 26 Nov 2025 06:30:11 GMT

Alphabet Nears $4 Trillion Market Value

Alphabet shares rose 4.1% to $331.7, pushing the company close to a historic $4 trillion valuation, driven by AI-focused growth.

Wed, 26 Nov 2025 03:30:08 GMT

Singapore Court Allows $2.7B 1MDB Lawsuit Against Standard Chartered

Singapore court lets $2.7B 1MDB lawsuit against Standard Chartered proceed, rejecting the bank's attempt to strike it out.

Tue, 25 Nov 2025 21:30:04 GMT

Comcast Fined After Data Breach

Comcast will pay a $1.5M fine after a vendor breach exposed data of 237,000 customers; a 2024 leak at a former debt collector hit internet, TV and security users.

Tue, 25 Nov 2025 18:30:05 GMT

Spotify to Hike Prices Again

Spotify will raise U.S. subscription prices early next year, after already increasing monthly rates in many regions from $11.99 to about $13.82.

Tue, 25 Nov 2025 15:30:07 GMT

Domino's UK Names Interim CEO

Domino's UK CEO Andrew Rennie quit; COO Nicola Frampton becomes interim chief as the chain expands beyond pizza to boost growth.

Tue, 25 Nov 2025 12:30:07 GMT

Novo Nordisk's Alzheimer's Trial Disappoints

Novo Nordisk said its older oral semaglutide failed to slow Alzheimer's, dashing hopes for the risky trial and causing shares to fall.

Tue, 25 Nov 2025 09:30:07 GMT

U.S. Bank Profits Surge

U.S. bank profits rose 13.5% to $79.3B in Q3 2025, driven by higher non-interest income and lower loss provisions after earlier merger-related costs.

Tue, 25 Nov 2025 06:30:04 GMT

Deutsche Bank's Bullish S&P 500 Call

Deutsche Bank sees the S&P 500 hitting 8,000 next year, a 21% jump, driven by strong earnings and AI, with EPS forecast to reach $320.

Tue, 25 Nov 2025 03:30:05 GMT

China's Hidden Bitcoin Revival

Bitcoin mining is resurging in China despite the 2021 ban, as miners tap cheap power and booming data centers in energy-rich regions.

Mon, 24 Nov 2025 21:30:06 GMT

U.S. Outlook 2025

Economists expect slightly stronger 2% growth next year, but job gains will stay weak and the Fed is likely to slow future interest-rate cuts.

Mon, 24 Nov 2025 18:30:04 GMT

Snap Age-Check Update

Snap will use bank-run age checks in Australia to comply with a new law banning under-16s from social media next month.

Mon, 24 Nov 2025 15:30:07 GMT

Union Seeks Court Order to Fund CFPB

Union asks judge to force the Trump administration to fund the CFPB, disputing officials' claims that they lack legal authority as the agency's cash dwindles.

Mon, 24 Nov 2025 12:30:10 GMT

Julius Baer Adds Loan Losses

Julius Baer will book 149 million Swiss francs in loan loss allowances for Nov 2025 after a credit review and plans to scale down loans outside its new strategy.

Mon, 24 Nov 2025 09:30:07 GMT

EU Urges U.S. to Apply Trade Deal

EU ministers will press U.S. officials to expand the July trade deal by reducing steel tariffs and removing duties on goods like wine and spirits.

Mon, 24 Nov 2025 06:30:04 GMT

Lloyds Employee Data Use Challenged

Unions question Lloyds using anonymised employee data to justify lower pay, saying aggregation doesn't exempt it from the Data Protection Act.

Mon, 24 Nov 2025 03:30:05 GMT

SEC to Host Crypto Privacy Roundtable

The SEC will hold a Dec. 15 roundtable on crypto privacy as recent cases and rising privacy-token interest put financial surveillance back in focus.

Fri, 21 Nov 2025 21:30:04 GMT

Italy Ends Probe Into Google

Italy closed its probe into Google after the company adopted remedies addressing concerns that its user consent request was misleading and aggressive.

Fri, 21 Nov 2025 18:30:06 GMT

Nvidia Boost Fades Quickly

Nvidia's strong earnings gave markets only brief relief, as worries over AI investment returns and high valuations quickly pushed global stocks lower.

Fri, 21 Nov 2025 15:30:04 GMT

Tesla Faces Massive Profit Hit Risk

Tesla risks a $26B profit hit over two years if Elon Musk's 2018 pay deal is not restored, as the Delaware Supreme Court reviews the ruling.

Fri, 21 Nov 2025 12:30:09 GMT

JPM Scraps December Rate-Cut Call

J.P. Morgan dropped its forecast for a December Fed rate cut after strong U.S. jobs data and now sees cuts in January and April.

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