Finance
AI Summary
- U.S. Treasury Secretary Scott Bessent indicated a potential financial rescue for Argentina as the country navigates economic challenges. The Trump administration is pushing for $6 billion in arms sales to Israel despite ongoing tension and international criticism regarding its recent military operations. The U.K., Australia, and Canada have recognized a Palestinian state, signaling a significant diplomatic shift that may influence relations with Israel. A persistent rise in tensions between the U.S. and China is evident, with both nations pursuing aggressive military strategies and economic leverage, particularly in technology sectors. The tech industry is poised for major investments, with Nvidia planning a substantial investment in OpenAI, indicating a growing emphasis on artificial intelligence advancements.
Powered by OpenAI
Sources
Wall Street Journal
-
Pentagon Orders Aircraft Carrier to the Caribbean
2 hours ago
by Shelby Holliday
The move would be a major escalation of the Trump administration’s military campaign to target drug smugglers and threaten governments in Latin America.
-
Has Argentina Really Changed? Soon, We Will Find Out
9 hours ago
by Greg Ip
The U.S. is betting $20 billion that with time and support, President Javier Milei can fix Argentina’s economy once and for all.
-
Most-Wanted Fentanyl Producer Is Extradited to the U.S. After Brazen Escape
15 hours ago
by Steve Fisher
Zhi Dong Zhang, an accused Chinese drug boss, fled house arrest in Mexico, traveled to Cuba and was denied entry by Russia.
-
Will India and China Be Able to Resist U.S. Sanctions on Russian Oil?
16 hours ago
by Shan Li
New Delhi and Beijing have so far resisted U.S. calls to stop buying Russian crude, but far-reaching sanctions will be hard to ignore.
-
Hamas Has Calculated It Can Survive in Gaza—and Rule
16 hours ago
by Dov Lieber
The group is betting it can assert itself without triggering a return to war, but the president’s plan calls for the militants’ capitulation.
Financial Times
-
Trump Jr-linked drone company wins Pentagon contract
2 hours ago
by FT Client Support
Unusual Machines secures deal as US military accelerates domestic production of unmanned aircraft
-
The Trump Supremacy
15 hours ago
by FT Client Support
Opponents in disarray, allies in line, followers enthralled — the US president is already on his way to building a new world order
-
Will AI lengthen lifespans or shorten them?
15 hours ago
by FT Client Support
New science advances may offer longer life to some, but the socio-economic effects may push others to die sooner
-
America’s risky bid to make Argentina great again
15 hours ago
by FT Client Support
Treasury secretary Scott Bessent is taking a big gamble with his $20bn swap line to prop up a Trump ally
-
Trump clears way for new China tariffs and hits out at Canada
an hour ago
by FT Client Support
US president heads for Xi Jinping summit after halting talks with Ottawa
CNBC
-
Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
an hour ago
The annual inflation rate as measured by the CPI was expected to be 3.1% in September, according to the Dow Jones consensus estimate.
-
Trump tariff tiff: U.S. terminates all trade talks with Canada over Reagan TV ad
3 hours ago
President Trump claimed Canada ran an ad featuring former President Ronald Reagan talking about tariffs to influence a pending U.S. Supreme Court case.
-
Deckers Brands stock sinks more than 12% after soft outlook raises concerns about Hoka, Ugg growth
an hour ago
Deckers Brands shares fell about 12% after fiscal Q2 results with softer outlook and fears HOKA’s rapid growth is slowing amid cautious consumers and tariff pressures.
-
With two months to Christmas, here's what retail leaders expect for holiday shopping
2 hours ago
Kohl's and Academy Sports and Outdoors are among the retailers seeing consumers trade down or pull back.
-
Social Security Administration announces 2026 COLA benefit increase of 2.8% — what it means for you
3 hours ago
The Social Security cost-of-living adjustment for 2026 will give millions of beneficiaries an increase. Here's how much to expect.