Global Markets Expected to Grow in 2025 Despite Trade War Concerns
Global markets are poised for steady growth in 2025, driven by technological innovation and emerging market investment. Despite trade war fears under the Trump administration, analysts highlight opportunities in renewable energy and infrastructure. Potential risks, including inflation and geopolitical tensions, remain, but resilient consumer spending and corporate earnings are expected to support economic expansion.
Dec 31, 2024 3:22 AM EST
Gold Prices Dip as Market Eyes Economic Data and Incoming Trump Administration
Gold prices edged lower on December 30, 2024, amid thin holiday trading. Investors are closely watching upcoming U.S. economic data and potential policy shifts under the incoming Trump administration for market direction.
U.S. Pending Home Sales Reach 21-Month High in November Amid Rising Inventory
Pending home sales in the U.S. surged to a 21-month high in November, marking the fourth consecutive month of increases. The rise is driven by higher inventory and buyers adapting to elevated mortgage rates.
Nvidia Completes $700 Million Acquisition of AI Firm Run:ai Despite Regulatory Scrutiny
Nvidia has finalized its $700 million acquisition of AI company Run:ai, after overcoming regulatory hurdles in both the U.S. and Europe. The deal strengthens Nvidia's AI infrastructure and software capabilities, positioning it for continued leadership in the industry.
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David Beckham Earns £28 Million in Dividends from His Personal Brand Empire
David Beckham's personal brand continues to thrive, with the football icon earning £28 million in dividends in the past three years. His strategic partnerships with luxury brands and his sale of a 55% stake to Authentic Brands have bolstered his financial success.
Dec 30, 2024 2:59 PM EST
German Government Accuses Elon Musk of Attempting to Influence 2024 Election
Elon Musk's public support for Germany's far-right AfD party has sparked controversy, with the German government accusing the billionaire of trying to influence the upcoming federal election.
Dec 30, 2024 2:51 PM EST
Finnish Investigators Discover Suspected Sabotage Trail in Baltic Sea After Estlink 2 Cable Damage
Finnish authorities uncover a 100-kilometer drag mark believed to be caused by a Russian-linked vessel, amid concerns over sabotage targeting the Estlink 2 electricity cable, disrupting regional energy security.
Dec 30, 2024 2:45 PM EST
South Korea Launches Emergency Inspections After Deadly Jeju Air Crash
South Korea orders emergency inspections of all domestic airlines and Boeing 737-800 aircraft following the Jeju Air crash that claimed 179 lives, marking the nation's deadliest aviation disaster.
Dec 30, 2024 2:39 PM EST
Federal Appeals Court Upholds $5 Million Verdict Against Trump in E. Jean Carroll Case
A federal appeals court upheld a $5 million verdict against President-elect Donald Trump for sexually abusing and defaming E. Jean Carroll, marking a significant legal setback as he prepares to take office.
Dec 30, 2024 2:34 PM EST
Tributes Pour In Following the Death of Former US President Jimmy Carter
Former US President Jimmy Carter, aged 99, has passed away at his home in Plains, Georgia, surrounded by family. Carter, who served as the 39th President from 1977 to 1981, was widely celebrated for his post-presidency humanitarian efforts,
Dec 30, 2024 2:25 PM EST
Jeju Air Plane Crash in South Korea Leaves Multiple Casualties, 181 Onboard
A Jeju Air flight carrying 181 people crashed near Mokpo, South Korea, en route to Jeju Island. Rescue efforts are ongoing, with casualties confirmed and an investigation underway into the tragedy.
Dec 29, 2024 4:17 AM EST
Global Equity Funds Surge with Record Inflows Amid U.S. Inflation Relief
Global equity funds saw $34.38 billion in inflows, led by U.S. markets, driven by easing inflation. However, bond outflows and selective sectoral investments highlight cautious optimism amid economic uncertainties.
Dec 28, 2024 3:43 PM EST
Homelessness in the U.S. Surges by Record 18%, HUD Reports
U.S. homelessness surged 18% in 2024, the largest annual increase on record, driven by housing affordability crises, economic pressures, and systemic disparities. Experts call for urgent policy reforms to address the escalating crisis.
Dec 28, 2024 3:34 PM EST
Holiday Spending Pushes U.S. Credit Card Debt to Record High
U.S. holiday spending has surged, driving credit card debt to unprecedented levels. Consumers prioritize holiday traditions despite rising interest burdens, prompting financial experts to urge cautious spending and proactive debt management.
Dec 28, 2024 3:25 PM EST
Putin Issues Rare Apology Following Azerbaijan Airlines Crash
Russian President Vladimir Putin apologized after an Azerbaijan Airlines crash killed 38, likely due to Russian air defenses. The incident strained regional ties, prompting international calls for accountability and aviation safety improvements.
Dec 28, 2024 3:17 PM EST
German Editor Resigns Over Elon Musk's Controversial AfD Commentary
Eva Marie Kogel, editor at Welt am Sonntag, resigned after publishing Elon Musk's controversial op-ed defending Germany's far-right AfD. Musk's comments sparked political backlash, raising concerns about external influence on Germany's elections.
Dec 28, 2024 3:09 PM EST
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