President Trump backs Kevin Hassett for Federal Reserve chair as dovish policies boost emerging market currencies, sparking concerns among bond investors over potential interest rate cuts.
Despite marketing controversies, retailers see record Thanksgiving sales, boosted by heightened consumer confidence and spending, especially among higher-income earners, maintaining positive retail momentum.
As the S&P 500 rebounds, the tech sector lags due to valuation pressures and reliance on AI, prompting interest in mid-caps, consumer services, and IT services.
UK Prime Minister Keir Starmer plans a January visit to China, aiming to mend diplomatic and economic ties amidst tensions over espionage and national security issues.
Silver prices spiked 17% amid Fed policy speculation but retreated ahead of key US economic data releases. Lower interest rates and supply tightness support metal's volatility.
HSBC names Brendan Nelson as chair, succeeding Mark Tucker amid challenges such as geopolitical tensions and restructuring, emphasizing strategic leadership during the bank's transformative phase.
Glencore revises its 2026 copper production forecast amid a strategic joint venture with Vale in Canada, responding to rising demand due to global electrification.
The crypto sector sees an unprecedented $8.6 billion in mergers as Bitcoin hits a two-week high, raising concerns amid emerging market strains and volatility.
Israel and Lebanon pursue diplomatic talks amid Israel's $4.2 billion missile-defense deal with Germany, signaling a potential shift towards regional peace and cooperation.
Putin's visit to India amidst US-Russia tensions showcases India's strategic challenge of balancing ties with both nations, focusing on trade and defense amid US sanctions.
The FDA faces criticism for an internal memo questioning Covid vaccine protocols and inviting lawmakers to a cancer drug meeting, sparking transparency concerns.
Airbus reduces 2025 delivery targets due to quality issues, while Boeing forecasts strong financial recovery, setting up a competitive reshuffle in the aerospace industry.