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Business News

Location American Business News for 29 November 2024

Gold Edges Higher on Prospects of December Fed Rate Cut

Wall Street Journal - 29 Nov 2024 03:36
Gold prices edged higher in early Asian trade on the prospect of a December Fed rate cut after the U.S. personal consumption expenditure data came in line with expectations.
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Canada Accuses Google of Creating Advertising Tech Monopoly

The New York Times - 29 Nov 2024 02:53
Canada Accuses Google of Creating Advertising Tech Monopoly The case largely echoes an antitrust action in the United States and seeks to force Google to sell off sections of its online ad business.
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Amazon workers plan strike between Black Friday and Cyber Monday in major cities around the world Amazon workers in more than 20 countries, including the U.S., plan to strike during the busy pre-Christmas shopping days between Black Friday and Cyber Monday to "make Amazon pay."
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Uniqlo faces China backlash over cotton comments Commentators call for a boycott of the chain in China after it told the BBC it does not use Xinjiang cotton.
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Oil prices head for weekly drop as Middle East fears ease, OPEC+ delays meeting Oil futures fell Friday and were on track for hefty losses, feeling pressure after a cease-fire between Israel and Iran-backed Hezbollah helped soothe remaining worries over a wider conflict that could threaten crude sup...
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Use of NAV loans surged as private-equity funds delayed selling their assets, but they might not go away even as the market normalizes.
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The stock market overcame these 3 problems in 2024. Next year it may not be so lucky. Risks that sparked equity sell-offs will linger in 2025, says Deutsche Bank
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The morning routines of CEOs, from Mark Zuckerberg to Sam Altman We took a look at the morning routines of the CEOs of some of the world's biggest companies, which range from 4 a.m. wake-ups to meditations.
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Hong Kong Shares Edge Lower; Tech, Home Appliance Stocks Weigh

Wall Street Journal - 29 Nov 2024 03:34
Hong Kong shares edged lower, dragged by home appliance and tech stocks. Investors were watching for the December Politburo and central government work conference for more signals on China's next stimulus
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Thanksgiving 2024 box office may see record-breaking sales with 'Wicked,' 'Gladiator II,' and 'Moana 2' leading a lucrative cinematic lineup.
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Orange Partners With Openai and Meta to Develop AI Models for African Languages Orange announced a partnership with Openai and Meta to develop AI models that understand African languages. Mitigating the Growing Digital Divide Orange, the French telecoms giant, announced on Nov. 26 that it will partn...
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Trump's tariffs could make your next car more expensive

Business Insider - 29 Nov 2024 23:37
Donald Trump's proposed tariffs could raise car prices, impacting US and European automakers such as General Motors, Volvo, and Jaguar Land Rover.
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Here are some of the major companies whose stocks moved on the week's news.
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Printemps Becomes First European Luxury Store to Accept Crypto Payments The adoption of cryptocurrency payments by Printemps marks a milestone in the European luxury goods industry. Customers Can Now Buy High-End Fashion Products With Crypto Printemps, a leading French luxury department stor...
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A veteran strategist sees an 'extraordinary' S&P 500 surge ahead — and shares 3 top ways to invest your money An uber-bullish strategy chief predicts that the S&P 500 as high as 7,400 by the end of next year. Here's how investors can prepare for takeoff.
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Ethereum layer-2 volumes rose by 70%-- Will they eclipse Solana A notable surge in activity puts analysts' eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana?
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Stocks ride to best month in a year as 'Red Sweep' unleashes 'animal spirits' By almost any measure, November has been a blockbuster month for U.S. stocks.
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Solv to launch 'onchain MicroStrategy'

Coin Telegraph - 29 Nov 2024 22:20
Solv to launch 'onchain MicroStrategy' The goal is to create an onchain product that generates yield on Bitcoin, according to Solv's co-founder.
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Solv to launch 'onchain MicroStrategy'

Coin Telegraph - 29 Nov 2024 22:20
Solv to launch 'onchain MicroStrategy' The goal is to create an onchain product that generates yield on Bitcoin, according to Solv's co-founder.
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Wary of high prices, consumers plan to spend an average of $650 between Black Friday and Cyber Monday as retailers kick off the holiday shopping season.
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Best Black Friday MacBook deals: Up to 25% off Air and Pro models The best Black Friday MacBook deals include some of the lowest prices we've seen on new MacBook Pro M4 models and budget-friendly MacBook Air laptops.
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XRP Rockets Towards $2 as Bullish Momentum Surges

Bitcoin.com - 29 Nov 2024 22:05
XRP Rockets Towards $2 as Bullish Momentum Surges XRP has witnessed an impressive surge, climbing 16.4% in the last 24 hours to reach $1.72. This rally positions XRP as the fifth-largest cryptocurrency by market capitalization, with bullish trends evident across all tim...
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