Finance News Update - Page 77

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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Lawsuit Seeks to Void Federal Approval of ConocoPhillips Exploration Plan in Alaska Petroleum Reserve

A coalition of conservation organizations and an Iñupiat-led group has filed suit in federal court to overturn last month’s approval of an exploratory oil-and-gas program inside the National Petroleum Reserve-Alaska (NPR-A). The complaint, lodged on Thursday, 11 December 2025, contends that the U.S. Bureau of Land Management improperly authorized ConocoPhillips Alaska to conduct seismic surveys […]

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Asia-Pacific Equities Climb on Optimism Following U.S. Rate Cut and Wall Street Highs

Major stock markets across the Asia-Pacific region advanced on Friday, extending the positive tone set by fresh record closes in the United States after the Federal Reserve lowered its benchmark interest rate. Investors interpreted the move as support for economic growth, prompting broad buying across sectors and geographies. The Federal Open Market Committee on Wednesday […]

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Clear Street Maintains Buy Rating on Arq but Lowers Price Target to $8

Clear Street has reaffirmed its Buy recommendation on Arq, Inc. while reducing the 12-month price target to $8 from $9. The change, disclosed in a late-November investor note, follows production challenges at the company’s new Granular Activated Carbon (GAC) line that are now expected to continue through mid-2026. The brokerage explained that Arq anticipates technical […]

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Father and Son Rescued After Becoming Stranded in the Florida Everglades

The rescue of a father and his young son who became stranded in the Florida Everglades was the leading story on a busy day of national coverage carried by ABC News Live. The incident, captured on video, ended when responders reached the pair and escorted them to safety. No additional details on the duration of […]

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Six Additional States Gain Approval to Limit SNAP Purchases of Processed Foods

The list of states permitted to restrict Supplemental Nutrition Assistance Program (SNAP) purchases of certain processed foods and beverages will expand to 18 next year. On Wednesday, U.S. Secretary of Agriculture Brooke L. Rollins and U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. announced that Hawai‘i, Missouri, North Dakota, South Carolina, Virginia […]

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Thai King Dissolves Parliament as Border Fighting with Cambodia Intensifies

BANGKOK — Thailand’s political landscape shifted abruptly on Friday after King Maha Vajiralongkorn approved a request from Prime Minister Anutin Charnvirakul to dissolve parliament, forcing a national election within 45 to 60 days and deepening uncertainty as deadly clashes continue on the Cambodian border. The royal decree followed weeks of gridlock in which Anutin’s minority […]

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Pangaea Logistics Posts Strong Q3 Results, Announces Leadership Change

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) reported third-quarter 2025 earnings that surpassed market expectations, while also confirming an upcoming change in executive leadership. The dry-bulk carrier delivered higher revenue, stronger profitability and a continued dividend distribution during the three-month period ended 30 September. The company recorded earnings per share of $0.17, exceeding the consensus estimate by $0.14. […]

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Satellite imagery reveals seized tanker may have faked whereabouts to dodge U.S. sanctions

The crude oil tanker The Skipper, seized by U.S. authorities off Venezuela on Dec. 11, 2025, appears to have transmitted false location signals for more than a month before the operation, according to an analysis of satellite imagery and tracking data reviewed by ABC News and maritime intelligence firms. Satellite photographs examined alongside automatic identification system […]

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Severe storms, flooding and deep freeze sweep across U.S., sparking rescues and widespread alerts

Extreme weather spanning thousands of miles is disrupting daily life from the Pacific Coast to New England, with authorities conducting water rescues in the Northwest while large sections of the country prepare for heavy snow and dangerous cold. The series of hazards, tracked by federal and state forecasters on December 11, 2025, is forcing emergency managers […]

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White House Confirms Seized Tanker Bound for U.S. Port, Plans Legal Confiscation of Cargo

Washington — The crude carrier “Skipper,” taken over by U.S. military personnel off the Venezuelan coast on 10 December 2025, is being routed to a United States port, where federal authorities intend to take formal possession of its 1.1 million barrels of oil, the White House said Thursday. Press secretary Karoline Leavitt told reporters the […]

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Federal Reserve to Resume $40 Billion in Monthly T-Bill Purchases, Stirring Debate on Liquidity and Crypto Prices

WASHINGTON, D.C. — The Federal Reserve will begin buying roughly $40 billion in short-term Treasury bills each month starting 12 December, ending its two-year period of quantitative tightening and marking the central bank’s first balance-sheet expansion since 2021. The program, described by officials as “reserve management purchases” (RMPs), was detailed in a 10 December policy […]

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Video Skydiver’s parachute gets caught on plane

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