Latest Business News
U.S. Markets Drop After Rise in Unemployment Rate
U.S. equities fell sharply after November jobs data showed the unemployment rate rose to 4.6%, sparking growth concerns and a roughly 300-point drop in the Dow Jones Industrial Average, with energy names among the biggest losers.
Warburg Pincus Agrees to Invest in Acclime to Expand Asia‑Pacific Business Services
Private equity firm Warburg Pincus signed an agreement to invest in Acclime, backing the tech‑forward corporate and business services provider to accelerate regional expansion and technology enablement.
Google Leads Tech Rally While Big Caps Lag; AI Investments Continue
Google (Alphabet) has surged about 62% year‑to‑date and is seen by investors as having further upside from AI, while other mega‑caps such as Microsoft, Apple, Meta and Amazon have lagged the S&P 500, highlighting AI‑driven market bifurcation.
Global Business Activity Slows as Trade Barriers and Uncertainty Rise
Dow Jones reporting shows business activity in the U.S., Europe and parts of Asia expanding but at a slower pace late in 2025, with higher trade barriers and geopolitical uncertainty weighing on growth.
Oil and Pump Prices Near Five‑Year Lows Ahead of Holiday Travel
Fuel prices have fallen to their lowest levels since the pandemic as global oil output has risen, driven by increased production from OPEC and the U.S., easing costs ahead of record holiday travel.
Japan's Exports Growth Continues, Supporting Rate‑Hike Expectations
Japan reported a third consecutive month of export growth in November, reinforcing market expectations that the Bank of Japan may move toward policy tightening in the near term.
Trump Administration Tightens Pressure on Venezuela’s Oil Sector
U.S. measures include orders to block sanctioned oil tankers in and out of Venezuela, escalating pressure on Nicolás Maduro and affecting global oil market dynamics.
U.S. Fed Leadership Speculation Intensifies; Waller Interview Reported
Reports indicate President Trump is set to interview Fed Governor Christopher Waller and other candidates for Federal Reserve chair, adding uncertainty to U.S. interest‑rate outlooks.
Retail Sales Growth Stalls in the U.S., Raising Consumption Concerns
U.S. retail sales were flat in October after modest gains in September, signaling softer consumer spending momentum as the year closes.
Fund Managers Most Bullish in Years Despite Low Cash Holdings
A Bank of America fund‑manager survey found sentiment at a four‑year high while managers hold record‑low cash levels, reflecting broad risk appetite among institutional investors.