Iran says US 'will be hit hard' if no ceasefire in Gaza -Tasnim

Business Insider
The Federal Reserve will cut interest rates 6 times in 2024 as the economy shows clear signs of cooling down, ING says
The forecast interest-rate cuts would bring the effective Federal Funds rate to about 3.83% at the end of 2024.
1d ago
Reuters
Exclusive-Boeing eliminated from US Air Force's 'Doomsday Plane' competition
The U.S. Air Force has eliminated Boeing from its competition to develop a successor to the E-4B Nightwatch, Boeing confirmed on Friday, shaking up the battle to build the next version of the aircraft known as the "Doomsday Plane" due to its ability to survive a nuclear war. The move leaves privately-held defense contractor Sierra Nevada Corp as the lone company publicly vying for the Survivable Airborne Operations Center (SAOC) contract to eventually replace a fleet that has been in use since the 1970s. The Air Force, which plans to award a SAOC contract in 2024, declined to comment on whether other firms had submitted bids.
13h ago
The Wall Street Journal
How Chinese Marijuana Operations Cropped Up in Small-Town America
CARMEL, Maine—An astronomical electricity bill was the first tipoff that something unusual was going on at a former chicken farm in this town of 3,000 people off Interstate 95. In June, after neighbor complaints, the Penobscot County Sheriff’s Office said it carried out a search warrant of the property, seizing some 3,400 marijuana plants and 111 pounds of processed marijuana. The state said it was prosecuting two Chinese nationals and two naturalized U.S. citizens of Chinese origin on charges including illegal cultivation and trafficking of marijuana.
2d ago
The Telegraph
Oil price falls after Saudi-led cartel surprises market
The price of crude oil fell after a cartel of oil-producing nations led by Saudi Arabia surprised the market by issuing a statement that failed to include an expected pledge to cut production by another million barrels per day.
2d ago
Bloomberg
Petrobras Eyes Opening Mideast Unit to Strengthen OPEC+ Ties
(Bloomberg) -- Brazil’s state-controlled oil explorer is considering opening a Middle East unit as Latin America’s biggest crude producer prepares to join OPEC+’s cooperation charter.Most Read from BloombergPutin Seizes Rights to St. Petersburg Airport From Foreign InvestorsIsrael Says Hamas Violated Terms of Cease-Fire as Truce LapsesBanking Escapees Make Billions From Private Credit BoomWoman Discovers Over $86 Million Mistakenly Deposited in Her Bank AccountSantos Expelled From Congress After
19h ago
Reuters
Exclusive-U.S., allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions
The U.S., EU and UK are pressuring Liberia, the Marshall Islands and Panama to increase oversight of ships carrying their flags to ensure they do not transport Russian oil sold above the price cap, a source who has seen the communications to the countries said on Friday. The move marks another escalation in the West's efforts to enforce the $60 price cap on seaborne shipments of Russian oil it imposed to punish Moscow for its war in Ukraine. The cap, which aims to reduce Russia's export revenues while maintaining flows of oil around the world, was imposed in late 2022 but has only recently been enforced.
11h ago
Reuters
Netflix, Viacom18 among streaming firms set to oppose India broadcasting bill-sources
Netflix, billionaire Mukesh Ambani's Viacom18 and other streaming companies plan to collectively lobby the Indian government to delay or revamp a broadcast bill they fear will be onerous for the sector, sources familiar with the matter said. India last month introduced the new draft law to regulate the broadcasting sector that will also apply to streaming giants. It proposes the formation of individual content evaluation committees with members from various social groups who will review and sign off on shows before they are released.
21h ago
Yahoo Finance
This week in Bidenomics: Forget about 'Bidenomics'
Voters think "Bidenomics" is a failure, so maybe it's time to stop reminding people of it.
16h ago
Business Insider
The economy is flashing a worrying signal that hasn't been seen since right before the 2008 crisis
The mismatch between GDP and gross domestic income could be the reason why Americans feel so poorly about the economy, Macquarie said.
1d ago
FreightWaves
The president’s plan to strengthen US logistics
The White House’s new Supply Chain Resilience Council is meant to strengthen the supply chain, but supply chain stakeholders are not included. The post The president’s plan to strengthen US logistics appeared first on FreightWaves.
20h ago
Bloomberg
Japan’s LDP Seeks to Keep Checks on Foreign Ownership of NTT
(Bloomberg) -- A project team in Japan’s main ruling party is set to propose that controls on foreign ownership of Nippon Telegraph and Telephone Corporation be retained, even as it calls for abolishing a law regulating the former state monopoly.Most Read from BloombergTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025Banking Escapees Make Billions From Private Credit BoomIsrael Says Hamas Violated Terms of Cease-Fire as Truce LapsesPutin Seizes Rights to St. Petersburg Airpo
1d ago
Investor's Business Daily
Key Fed Inflation Rate Slides; S&P 500 Climbs With Rate Cuts In Sight
The key Federal Reserve inflation rate fell to 3%, while core price pressures also cooled. S&P 500 futures rose as markets look to a possible March rate cut.
2d ago
Investor's Business Daily
Will Fed Chair Powell Push Back As Treasury Yields Plunge Below Key Support Level?
Federal Reserve Chair Jerome Powell is set to make an appearance. With treasury yields plunging Fed Chair Powell may use a hawkish tone.
2d ago
WSJ
How the USS Carney Fights Off Iranian-Backed Attacks in the Middle East
The USS Carney, a guided missile destroyer, was sent to the Middle East to deter the Houthis and other militant groups, like Hezbollah. WSJ explains how the weapons system on board the Carney is warding off missile and drone attacks on Israeli and American troops. Photo Illustration: MacKenzie Coffman
1d ago
Bloomberg
France Dodges an S&P Downgrade, Outlook Remains Negative
(Bloomberg) -- France’s credit rating was affirmed by S&P Global Ratings in a reprieve for President Emmanuel Macron as he seeks to cement his reputation for economic reform and fiscal proficiency.Most Read from BloombergPutin Seizes Rights to St. Petersburg Airport From Foreign InvestorsIsrael Says Hamas Violated Terms of Cease-Fire as Truce LapsesBanking Escapees Make Billions From Private Credit BoomWoman Discovers Over $86 Million Mistakenly Deposited in Her Bank AccountSantos Expelled From
13h ago
The Wall Street Journal
Texas Ordered to Remove Buoy Barrier at Southern Border
A federal appeals court has ordered the state of Texas to remove a 1,000-foot floating barrier deployed in the Rio Grande to block migrants from crossing the border illegally. A three-judge panel of the Fifth U.S. Circuit Court of Appeals ruled 2-1 Friday to reinstate a lower court’s ruling that the barrier illegally blocked the river and should be taken out of the water. In a September ruling that was later put on hold pending this appeal, U.S. District Judge David Ezra, a Reagan appointee, ordered state officials not to expand the barrier and remove it from the water.
9h ago
Associated Press Finance
Biden rule aims to reduce methane emissions, targeting US oil and gas industry for global warming
The Biden administration on Saturday issued a final rule aimed at reducing methane emissions, targeting the U.S. oil and natural gas industry for its role in global warming as President Joe Biden seeks to advance his climate legacy. The Environmental Protection Agency said the new rule will sharply reduce methane and other harmful air pollutants generated by the oil and gas industry, promote use of cutting-edge methane detection technologies and deliver significant public health benefits in the form of reduced hospital visits, lost school days and even deaths. Air pollution from oil and gas operations can cause cancer, harm the nervous and respiratory systems and contribute to birth defects.
2h ago
TipRanks
ARGT ETF: Is Argentina’s Stock Rally Just Getting Started?
Believe it or not, Argentine stocks have quietly been one of the best trades of 2023. The Global X MSCI Argentina ETF (NYSEARCA:ARGT) is up a torrid 53.5% year-to-date, and it picked up even more momentum since Javier Milei was elected Prime Minister on November 19th. The ETF is up roughly 20% since Milei’s victory because investors are excited that the pro-free-market candidate will be able to bring much-needed reform to Argentina’s troubled economy. I believe ARGT is the best way to invest in
1d ago
Yahoo Finance
Powell: Fed rate cut speculation is 'premature,' rate hikes still possible
The Federal Reserve chairman offered a warning to investors who believe the Fed is finished raising rates and will soon pivot to cutting.
19h ago
Bloomberg
Oil Titan Reshaping Texas GOP Targets a $10 Billion Windfall
(Bloomberg) -- Oil tycoon Tim Dunn has spent millions to try to bend Texas toward his conservative politics. Now, as he considers bids for his drilling company that’s said to be valued at more than $10 billion amid a merger-mania in the shale patch, Dunn is poised for a windfall that could dramatically boost his giving – and his influence.Most Read from BloombergBanking Escapees Make Billions From Private Credit BoomTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025Saudi Arab
2d ago

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Iran says US 'will be hit hard' if no ceasefire in Gaza -Tasnim

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