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Finance News Update - Page 156
Stay informed with the latest finance news and economic updates. Fresh insights on markets, money trends, and financial events that matter to you.
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Trump Targets New York Mayor-Elect Zohran Mamdani in Post-Election Video
NEW YORK — Former President Donald Trump issued a video statement on 5 Nov 2025 criticizing New York City mayor-elect Zohran Mamdani, releasing the message less than 24 hours after the municipal election that elevated the Queens lawmaker to City Hall. The footage, distributed on multiple social-media platforms and carried by ABC News Live, marked […]
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Asia-Pacific equities edge higher as U.S. tech rally boosts regional sentiment
Equity benchmarks across the Asia-Pacific region advanced on Thursday, mirroring overnight gains on Wall Street after stronger-than-expected earnings from Advanced Micro Devices renewed appetite for companies tied to artificial intelligence development. Japan leads regional advance Tokyo’s Nikkei 225 rose 1.45 percent, while the broader Topix added 1.11 percent. Shares in manufacturers linked to AI hardware outperformed. Advantest, a […]
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U.S. Steel Outlines $11 Billion Modernization Plan Under Nippon Partnership
United States Steel Corp. on Tuesday released a detailed outline for an $11 billion capital program intended to overhaul production facilities, streamline operations and expand research across all of its business segments by the end of 2028. The plan follows the company’s nearly $15 billion transaction with Japan-based Nippon Steel Corp., completed five months ago, that positioned […]
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Supreme Court Questions Scope of Presidential Tariff Powers, Signals Possible Middle Ground
Washington — During oral arguments on Wednesday, the U.S. Supreme Court voiced broad skepticism of former President Donald Trump’s claim that the International Emergency Economic Powers Act (IEEPA) grants unlimited authority to impose tariffs. Several justices, however, indicated they may be open to a narrower interpretation that would leave room for certain trade restrictions classified […]
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Simple Password and Limited Cameras Exposed in $102 Million Louvre Jewel Heist
The password protecting the Louvre Museum’s video-surveillance system was set to “Louvre” at the moment thieves stole an estimated $102 million in jewels from the Apollo Gallery, according to a museum employee familiar with the network. The detail adds to mounting questions about security shortfalls surrounding the 30 October robbery in Paris. French investigators say […]
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Microsoft Opens Internal Portal for Staff to Flag Ethical Concerns About Technology
Microsoft has introduced a new channel that allows its global workforce to raise ethical or human-rights concerns about the company’s products and services. The initiative follows internal disputes over Microsoft’s business activities in the Middle East and reflects broader efforts to tighten governance procedures around sensitive contracts. The option, called a “Trusted Technology Review”, has […]
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Argus Research Applies Proprietary Models to Shopify Inc. Stock Forecasts
Argus Research has issued a detailed set of forecasts on Shopify Inc. (NYSE, TSX: SHOP), evaluating the Canadian e-commerce software provider through the firm’s proprietary six-point rating system. The coverage, compiled at Argus headquarters in New York, draws on quantitative and qualitative metrics designed to measure valuation, earnings power, financial strength, industry position, and technical […]
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Democratic Wins in Virginia, New Jersey and New York Outline a Potential Midterm Strategy
One year after losing the White House and Congress, Democrats are pointing to a trio of off-year victories as evidence that a focus on household costs and criticism of former President Donald Trump can resonate with voters. Successes in Virginia, New Jersey and New York City offer a possible template for the 2026 midterm campaign, […]
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Snap Stock Jumps After Revenue Beat and $400 Million AI Search Agreement
Snap Inc. shares surged more than 25% in after-hours trading on Wednesday as the company posted third-quarter results that topped Wall Street forecasts, unveiled a $500 million share repurchase program and disclosed a wide-reaching partnership with Perplexity AI. Financial Results Exceed Expectations The social media company reported third-quarter revenue of $1.51 billion, outpacing the $1.49 […]
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Jacob Frey Secures Third Term in Minneapolis After Final Ranked-Choice Count
Minneapolis Mayor Jacob Frey won a third consecutive term on Wednesday, prevailing over State Sen. Omar Fateh in the last round of the city’s ranked-choice voting tally. The final but unofficial results, released by the Minneapolis elections office, show Frey with 50.03 percent of the vote to Fateh’s 44.37 percent. The margin came after the […]
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Top Cash-Back Credit Card Offers to Watch in 2025
The competition among cash-back credit cards is intensifying as issuers prepare their 2025 line-ups. Seven consumer cards stand out for combining introductory incentives, broad bonus categories and ongoing value without sacrificing essential protections. All figures below reflect the most recent terms supplied by the issuers. Chase Freedom Unlimited Annual fee: $0 Welcome bonus: $200 after […]