(Reuters) – Multiple fatalities were reported after a vehicle drove into a crowd on Bourbon Street in New Orleans’ French Quarter early on Wednesday, CBS News reported. A truck crashed into the crowd at high speed, and then the driver got out and started firing a weapon, with police returning fire, CBS News said, citing…
Consumer spending continues to keep the US economy afloat. Although the cost of living is still high, paychecks are consistently increasing at a faster pace than prices.Victor J. Blue/Bloomberg/Getty Images New YorkCNN — The world faces a plethora of serious problems entering 2025. The US economy is not one of them. Powered by relentless spending…
SEOUL (Reuters) – North Korean leader Kim Jong Un and his daughter Ju Ae attended New Year’s celebrations including fireworks and an ice dancing display, state media KCNA reported on Wednesday. Senior North Korean officials joined them in watching the events, state media photos showed. There was no mention of any speech by Kim. KCNA…
Investing.com – India stocks were higher after the close on Wednesday, as gains in the Capital Goods, Auto and Power sectors led shares higher. At the close in NSE, the Nifty 50 added 0.48%, while the BSE Sensex 30 index climbed 0.56%. The best performers of the session on the Nifty 50 were Maruti Suzuki…
BEIJING (Reuters) – Casino (EPA:CASP) revenues in Macau, the world’s biggest gambling hub, soared by nearly a quarter in 2024 but still came in short of pre-pandemic levels, underlining the need for the former Portuguese colony to diversify its economy. Gaming revenue last year reached 226.8 billion patacas ($28.35 billion), up 23.9% from 2023, according…
DUBAI (Reuters) – The next round of nuclear talks between Iran and three European countries will take place on Jan. 13 in Geneva, Iran’s semi-official ISNA news agency cited the country’s Deputy Foreign Minister Kazem Gharibabadi as saying on Wednesday. Iran held talks about its disputed nuclear programme in November, 2024 with Britain, France and…
Investing.com — Wolfe Research recently outlined five potential surprises for 2025 including a possible Fed pivot that could shake up markets. 1. Port workers strike: a possible port workers strike on Jan. 15 — stemming from unresolved issues regarding automation in port operations — disrupting supply chains and potentially impacting GDP by approximately $3.1 billion…
Investing.com — In a note to clients released Monday, Wells Fargo (NYSE:WFC) has outlined ten market predictions for 2025, covering macroeconomic trends, market movements, technological advancements, and geopolitical developments. These insights reflect the bank’s expectations for economic performance, industry shifts, and investor sentiment for the new year. 1) Wells Fargo analysts believe investors will prioritize…
KYIV (Reuters) -Russia launched a drone strike on the Ukrainian capital Kyiv early on Wednesday, killing one person, wounding six others and damaging buildings in two districts, city officials said. Explosions boomed across the morning sky as Ukraine’s air force warned of drones approaching the capital and Mayor Vitali Klitschko said air defences were repelling…
(Reuters) – Romania and Bulgaria scrapped land border controls to become full members of the European Union’s Schengen free-travel area on Wednesday, joining an expanded bloc of countries whose residents can travel without passport checks. Fireworks lit the sky at a crossing close to the Bulgarian border town of Ruse just after the stroke of…
