Finance
AI Summary
- Ukraine is executing a strategic military operation involving drones aimed at disrupting Russian supply lines, amid ongoing challenges in peace negotiations that seem stalled and complex.
- President Trump is pressuring Ukraine to accept a peace deal with Russia, asserting that European leaders are failing to act effectively and that Russia has the upper hand in negotiations.
- China's manufacturing sector continues to thrive despite US tariffs, leading to a record trade surplus that positions the country firmly as a critical global economic player, which concurrently causes concern among other nations about trade retaliation.
- The Federal Reserve anticipates a significant interest rate cut as it grapples with inflation concerns and addresses pressure from policymakers, adding layers of uncertainty to the economic landscape as corporate earnings reports are expected to reflect variable market conditions.
- Commercial real estate transaction volumes are experiencing a downturn for the first time in nearly two years, signaling a potentially significant shift in market dynamics post-pandemic, as investors reassess risks and returns in an evolving economic environment.
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Sources
Wall Street Journal
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Inside Ukraine’s Daring ‘Operation Spiderweb’ Attack on Russia
2 hours ago
by James Marson
Kyiv’s plan to smuggle more than 100 drones into enemy territory required meticulous planning, high-tech gadgets—and luck.
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Trump Pushes Ukraine to Accept Peace Deal, Saying It Is Losing
6 hours ago
by Laurence Norman
The president called European leaders weak and said Russia holds the cards in any negotiation.
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Former Honduran President Pardoned by Trump Has Arrest Warrant at Home
9 hours ago
by Santiago Pérez
Interpol is urged to arrest Juan Orlando Hernández, who was serving a 45-year prison sentence in the U.S. for drug trafficking.
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China’s Manufacturing Is Booming Despite Trump’s Tariffs
a day ago
by Jason Douglas
U.S. pressure has only cemented its rival’s status as the world’s indispensable factory floor, sending its trade surplus above $1 trillion.
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Gaza Sits Under 68 Million Tons of Rubble. A Look at the Daunting Task Ahead.
a day ago
by Margherita Stancati
One way to measure the scale of the damage: If the debris were spread over Manhattan, there would be 215 pounds on every square foot.
Financial Times
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Trump to pit Hassett against trio of Fed chair finalists
4 hours ago
by FT Client Support
Final interviews for top central bank job to kick off this week
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Netflix vs Paramount: politics could decide battle for Warner Bros
6 hours ago
by FT Client Support
Antitrust concerns and ties to Trump administration complicate picture of who may ultimately own media group
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Is it a bubble?
13 hours ago
by FT Client Support
Given that the growth of demand for AI is so unpredictable, there can be no doubt investor behaviour is speculative
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Trump is choosing the broligarchs over his base
16 hours ago
by FT Client Support
When historians assess this age of American populism, Silicon Valley’s plutocrats will surely be judged its winners
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Trump gives Zelenskyy ‘days’ to respond to peace proposal
10 hours ago
by FT Client Support
Ukrainian president pressed by US envoys for a swift response with an aim to agree ceasefire with Russia ‘by Christmas’
CNBC
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The Fed decision is expected to feature a rate cut and a lot more. Here's what to expect
7 hours ago
The central bank is poised to deliver its third straight interest rate cut Wednesday, while firing a warning shot about what's ahead.
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Hassett likely next Fed chair, but most think Trump should nominate someone else, CNBC Fed survey shows
5 hours ago
The December survey shows 84% believe President Trump will tap Hassett, director of the National Economic Council, to head the central bank.
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Oracle's AI-fueled debt load has investors on edge ahead of quarterly earnings
7 hours ago
Oracle's fiscal second-quarter results will be a crucial test for the AI trade and whether demand justifies the company's buildout plans.
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Trump says he 'heard' Biden Fed appointments were signed by autopen, tells aide to investigate
28 minutes ago
Trump's autopen comments came during a speech in Pennsylvania about the economy, aimed at countering Democrats' messaging about the U.S. affordability crisis.
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China consumer inflation hits near two-year high despite deeper-than-expected producer deflation
an hour ago
Economists warned that deflationary pressure on the world's second largest economy will persist into next year, calling for fresh policy stimulus to spur demand.