Latest Business News
S&P 500 Achieves Seventh Consecutive Monthly Gain
The S&P 500 index recorded its seventh straight monthly increase in November 2025, indicating sustained positive momentum in US equities despite some recent volatility.
Donald Trump Nears Decision on New Federal Reserve Chair
Former President Donald Trump announced he has selected a candidate to succeed current Fed Chair, with Kevin Warsh considered a frontrunner, sparking market interest in future monetary policy directions.
Silver Prices Extend Record-Breaking Rally
Silver has continued to rally, reaching new record highs recently, reflecting investor appetite for precious metals amid economic uncertainty and inflation hedging.
US Special Envoy to Russia as Ukraine Peace Talks Continue
US special envoy Steve Witkoff is set to travel to Russia to engage in ongoing Ukraine peace negotiations, a geopolitical factor influencing global financial markets.
Solar Panel Manufacturer Transfers Chinese Assets to Canadian Ownership
To circumvent increasing US scrutiny on Chinese imports, a solar panel manufacturer announced transferring its Chinese assets to Canadian ownership, aiming to secure supply chains and maintain market access.
Moderna Faces Setback as Court Denies Dismissal of Vaccine Patent Lawsuit
A federal judge rejected Moderna's attempt to dismiss a lawsuit alleging infringement of three patents related to COVID-19 vaccine delivery technology, affecting the company's stock negatively.
Wall Street Experiences Volatility Amid Weakening AI Stocks
Nvidia and other AI-related stocks saw declines recently, leading to Wall Street's worst trading day in a month, reflecting apprehension about the sustainability of AI-driven market gains.
Chinese Bond Repayment Delays Add Pressure to Markets
China Bank announced intentions to delay bond repayments, raising concerns over credit risks and affecting investor sentiment in Chinese financial markets.
Hang Seng Tech and Alibaba Show Signs of Recovery
Hong Kong’s Hang Seng Tech index gained modestly, with Alibaba's shares rising around 2%, signaling renewed investor confidence amidst broader Asian market rebounds.
Airlines Brace for Busy Thanksgiving Amid FAA Uncertainties
US airlines are preparing for a busy Thanksgiving travel season despite ongoing uncertainties and silence from the FAA regarding normalization of flight schedules after prior shutdowns.