The latest news

Thanksgiving Relief: Turkey Prices Drop 6% as Holiday Meal Costs Decline

Thanksgiving Relief: Turkey Prices Drop 6% as Holiday Meal Costs Decline

United States, Wednesday, 20 November 2024.
A classic Thanksgiving feast for 10 will cost $58.08 in 2024, marking a 5% decrease from last year. Despite 205 million turkeys being the lowest production since 1985, reduced consumer demand has driven prices down. Seven traditional items, including turkey and sweet potatoes, show significant price drops, offering welcome relief to budget-conscious hosts.

Ford Slashes 4,000 Jobs as European EV Dream Stalls

Ford Slashes 4,000 Jobs as European EV Dream Stalls

Nvidia's Earnings Report Could Spark Historic $300 Billion Market Swing

Nvidia's Earnings Report Could Spark Historic $300 Billion Market Swing

Adani Empire Shaken: US Prosecutors Allege $250M Bribery Scheme

Adani Empire Shaken: US Prosecutors Allege $250M Bribery Scheme

ZIM Shipping's Remarkable Turnaround: $1.13 Billion Profit Signals Industry Recovery

ZIM Shipping's Remarkable Turnaround: $1.13 Billion Profit Signals Industry Recovery

latest news in companies

Target's Holiday Nightmare: Stock Plunges 20% as Walmart Widens Market Gap

Target's Holiday Nightmare: Stock Plunges 20% as Walmart Widens Market Gap

Minneapolis, Wednesday, 20 November 2024.
In a stark retail divergence, Target’s Q3 earnings severely disappointed Wall Street with a $1.85 EPS against an expected $2.30, while rival Walmart celebrates strong performance. Despite Target’s aggressive price-cutting strategy on 10,000 items and digital sales growth of 10.8%, discretionary spending weakness forced a significant downward revision of annual guidance, highlighting the growing competitive gap in US retail.

Alberta's Rail Revolution: CPKC Unveils Solar-Powered Hydrogen Locomotive Stations

Alberta's Rail Revolution: CPKC Unveils Solar-Powered Hydrogen Locomotive Stations

Delta Air Lines Bets on Premium Travel as Key Growth Driver for 2025

Delta Air Lines Bets on Premium Travel as Key Growth Driver for 2025

Target's Holiday Shock: Retail Giant Cuts Profit Forecast as Consumer Spending Shifts

Target's Holiday Shock: Retail Giant Cuts Profit Forecast as Consumer Spending Shifts

New Nitrogen Generator Slashes Energy Costs by 20% in Industrial Applications

New Nitrogen Generator Slashes Energy Costs by 20% in Industrial Applications

latest news in economy

2025 Manufacturing Revolution: AI and Digital Tech Lead $94B Investment Wave

2025 Manufacturing Revolution: AI and Digital Tech Lead $94B Investment Wave

United States, Wednesday, 20 November 2024.
U.S. manufacturers are showing unprecedented confidence with 93% planning major growth initiatives. A groundbreaking survey reveals 94% will increase technology investments over the next three years, focusing on AI integration and digital transformation. Despite supply chain challenges, manufacturers are prioritizing smart automation and sustainability, marking the largest technological overhaul in decades. Key concerns include rising transportation costs and skilled worker shortages, but innovation investments are expected to drive significant productivity gains through 2025.

U.S. Wage Growth Outpaces Inflation for First Time Since 2023

U.S. Wage Growth Outpaces Inflation for First Time Since 2023

Wall Street Bulls Eye Record S&P 500 Rally as Election Year Approaches

Wall Street Bulls Eye Record S&P 500 Rally as Election Year Approaches

Minneapolis Fed Charts Bold Course for Regional Economic Inclusivity

Minneapolis Fed Charts Bold Course for Regional Economic Inclusivity

Global Oil Storage Market Set to Surge 35% by 2029 as Asia-Pacific Leads Growth

Global Oil Storage Market Set to Surge 35% by 2029 as Asia-Pacific Leads Growth

latest news in politics

Trump's Cabinet Picks Signal Dramatic Shift in Healthcare and Education Leadership

Trump's Cabinet Picks Signal Dramatic Shift in Healthcare and Education Leadership

Washington, D.C., Wednesday, 20 November 2024.
In a groundbreaking move, Trump nominates Dr. Mehmet Oz to oversee $1.4 trillion in healthcare spending at CMS, while Linda McMahon is tapped for Education Secretary with a mandate to potentially dismantle the department. These controversial selections face mounting scrutiny over past allegations and qualifications, setting the stage for contentious Senate confirmation battles ahead.

Trump's Controversial Pick: Dr. Oz to Oversee $1.5 Trillion Healthcare Budget

Trump's Controversial Pick: Dr. Oz to Oversee $1.5 Trillion Healthcare Budget

Poland Slashes Health Insurance Costs for Small Business Owners in 2025

Poland Slashes Health Insurance Costs for Small Business Owners in 2025

Wall Street Veteran to Spearhead Trump's Trade War: Lutnick Named Commerce Secretary

Wall Street Veteran to Spearhead Trump's Trade War: Lutnick Named Commerce Secretary

World Bank Under Fire: $24 Billion Climate Fund Mystery Sparks Trump's Scrutiny

World Bank Under Fire: $24 Billion Climate Fund Mystery Sparks Trump's Scrutiny

latest news in global

Breakthrough: Converting CO2 to Methane Could Revolutionize Green Energy Storage

Breakthrough: Converting CO2 to Methane Could Revolutionize Green Energy Storage

Global, Wednesday, 20 November 2024.
Ohio State University researchers have developed a groundbreaking method to transform captured carbon dioxide into methane fuel using renewable electricity. This innovative process employs a nickel-based catalyst to directly convert carbamate into methane, potentially creating a closed carbon cycle. By utilizing renewable energy sources, this method could significantly reduce energy consumption while addressing both carbon emissions and energy storage challenges.

US Embassy Closure in Kyiv Signals New Phase in Ukraine War

US Embassy Closure in Kyiv Signals New Phase in Ukraine War

Minnesota's Largest Solar Plant Powers Up: 500,000 Panels Light the Way to Clean Energy Future

Minnesota's Largest Solar Plant Powers Up: 500,000 Panels Light the Way to Clean Energy Future

Enzyme Market Set for Explosive Growth: Global Value to Hit $22.86 Billion by 2028

Enzyme Market Set for Explosive Growth: Global Value to Hit $22.86 Billion by 2028

Russia Halts Uranium Exports to US: Nuclear Power Supply Chain at Risk

Russia Halts Uranium Exports to US: Nuclear Power Supply Chain at Risk

latest news in general

Microsoft Ignite 2024: AI Adoption Surges with 70% of Fortune 500 Companies Using Microsoft 365 Copilot

Microsoft Ignite 2024: AI Adoption Surges with 70% of Fortune 500 Companies Using Microsoft 365 Copilot

Seattle, Wednesday, 20 November 2024.
In a groundbreaking revelation at Microsoft Ignite 2024, nearly 70% of Fortune 500 companies have adopted Microsoft 365 Copilot, marking a significant shift in enterprise AI adoption. Recent IDC research shows companies are achieving a remarkable $3.70 return for every dollar invested in generative AI, with some leaders experiencing returns up to $10. The conference, attracting over 200,000 registrants and 14,000 in-person attendees in Chicago, showcases Microsoft’s expanding AI ecosystem with approximately 80 new products and features announced.

Jets Fire GM Joe Douglas: End of Era After Zero Playoff Appearances

Jets Fire GM Joe Douglas: End of Era After Zero Playoff Appearances

HackerNoon Launches Global Hunt for Next Cybersecurity Champions

HackerNoon Launches Global Hunt for Next Cybersecurity Champions

Giants' $160M Gamble Fails: Daniel Jones Benched After Historic Contract

Giants' $160M Gamble Fails: Daniel Jones Benched After Historic Contract

Corporate Leader Joins Wayne State's Pioneering First-Generation Student Mentor Program

Corporate Leader Joins Wayne State's Pioneering First-Generation Student Mentor Program

latest news in technology

Generative AI Market Set to Surge: Global Value to Hit $7.28 Billion by 2029

Generative AI Market Set to Surge: Global Value to Hit $7.28 Billion by 2029

Dublin, Monday, 18 November 2024.
New market analysis reveals explosive growth in the fintech sector’s AI adoption, projecting a remarkable 36.3% annual growth rate. North American financial institutions lead the transformation, with major players like IBM and Microsoft driving innovation in fraud detection and personalized banking solutions. Key concerns around data privacy and algorithmic bias remain central to implementation strategies.

X's New Terms: AI Training and Legal Battles in Texas

X's New Terms: AI Training and Legal Battles in Texas

latest news in health

Breakthrough in CRISPR Gene Therapy for ATTR Amyloidosis

Breakthrough in CRISPR Gene Therapy for ATTR Amyloidosis

Cambridge, Saturday, 16 November 2024.
Intellia Therapeutics reports promising Phase 1 results for nexiguran ziclumeran (nex-z), a one-time CRISPR-based gene editing therapy for transthyretin (ATTR) amyloidosis. The treatment showed a 90% reduction in serum TTR levels at 12 months, with evidence of disease stabilization or improvement in advanced heart failure patients.