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UBS has trimmed its 12-month price target for ConocoPhillips to $117 from $122 while reiterating a “Buy” recommendation, citing updated capital-expenditure figures for the company’s Willow oil and natural gas development on Alaska’s North Slope. The revised outlook, issued on November 12, follows ConocoPhillips’ disclosure that inflation and higher input costs have lifted the project’s estimated […]
The arrest of Rahmanullah Lakanwal, an Afghan national accused of shooting two National Guard service members in a crowded Washington, D.C., neighborhood, has reignited questions about how the United States screens refugees admitted under emergency resettlement programs. Law-enforcement officials say Lakanwal, 29, arrived in the United States in 2021 during an evacuation that relocated roughly […]
Russian President Vladimir Putin said Moscow is prepared for “serious discussions” on a draft peace framework supported by the United States and Ukraine, marking his first public acknowledgment of the initiative aimed at ending the war that began with Russia’s invasion in February 2022. Speaking Thursday during a visit to Bishkek, Kyrgyzstan, where he attended […]
A magnitude 6.0 earthquake struck south-central Alaska on Thursday morning, briefly shaking buildings and prompting residents in and around Anchorage to seek shelter. The United States Geological Survey (USGS) said the tremor was recorded at 8:11 a.m. local time with an epicenter near the community of Susitna, roughly 30 miles (48 kilometers) northwest of Alaska’s largest city. Preliminary […]
New York — An exchange-traded fund designed to mirror the S&P 500 without its seven largest technology stocks has outperformed the broader benchmark segment so far this year, attracting investors concerned about heavy concentration in artificial-intelligence leaders. Fund Performance The Defiance Large Cap ex-Mag 7 ETF (NASDAQ: XMAG) has generated a 13.54% total return year-to-date. […]
Leading Chinese corporations have pledged substantial financial support for rescue and recovery operations following a residential fire in Hong Kong that killed at least 55 people and left hundreds unaccounted for. The blaze, which erupted on 27 November 2025 at Wang Fuk Court in the Tai Po district, is the most lethal in the territory […]
Schafer Cullen Capital Management, LLC (SCCM) disclosed in its third-quarter investor letter that it fully divested its stake in Unisys Corporation during the three-month period ended 30 September 2025. The decision affects the firm’s Small Cap Value Equity Strategy, which targets companies with market capitalizations generally below the traditional mid-cap threshold. According to the communication […]
Washington, D.C. — Two West Virginia National Guard soldiers remain in critical condition after a gunman opened fire on their unit near the Farragut West Metro station, only a few blocks from the White House, on Wednesday afternoon, authorities said. Metropolitan Police Department officials reported that the shooting occurred at approximately 2:15 p.m. on Nov. […]
Saba Capital Management, the New York hedge fund led by activist investor Boaz Weinstein, has called for the removal of every director at Edinburgh Worldwide Investment Trust (EWIT), a London-listed vehicle managed by Baillie Gifford that targets smaller technology and innovation-driven companies. In a letter sent on Thursday to the trust’s board, Weinstein argued that […]
U.S. Treasury Secretary Scott Bessent said the Federal Reserve’s current method for steering short-term interest rates is under pressure and should be made less complex. Speaking in a televised interview on Tuesday, November 25, 2025, Bessent argued that the central bank’s “ample-reserves” approach is showing signs of stress and may no longer provide the stability policymakers […]
European equities are expected to open without a clear direction on Thursday, with investors pausing after a broad rally and monitoring signals on the regional and global economic outlook. Flat to modest gains projected at the open Index futures compiled by IG indicate a mostly unchanged start for the region’s main bourses. London’s FTSE 100 […]
A 19-year-old college student who arrived in the United States as a child was removed to Honduras last week even after a federal judge expressly prohibited her deportation, according to her attorney and court filings. Any Lucia Lopez Belloza, a sophomore at an undisclosed U.S. university, was taken into custody at Boston Logan International Airport […]