Israeli forces killed at least 22 people trying to return to their homes in southern Lebanon on Sunday as the IDF refused to withdraw forces in compliance with a ceasefire agreement, claiming that Hezbollah fighters have yet to pull its forces back to behind the Litani river.
U.S. President Donald Trump, who criticized the Biden administration of not being sufficiently pro-Israel during its genocide in Gaza, told reporters on Saturday that the result of the conflict may have to be the removal of Palestinians from the enclave that could take decades to rebuild…
Germany’s elections next month will replace Olaf Scholz as chancellor.
Canada’s government has formulated a list of tariffs valued at $105 billion in U.S. dollars that it will impose on U.S. goods if incoming president Donald Trump lays new import duties on Canadian goods coming into the U.S., an unnamed government official told Bloomberg.
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
The retail, restaurant, manufacturing, automotive, agricultural, and tech industries will continue to see job cuts this year as demand slows and prices increase.
Donald Trump is prepared to withhold approval of foreign companies’ purchases of U.S. businesses as a tool to force other nations to accept his policies, according to people who have been in discussions with Trump’s advisors, the Financial Times reported.
Major U.S. banks reported higher profits in 2024’s final quarter, thanks to equity markets leaping 23.3 percent through the year, a rebound in mergers and acquisitions, and greater demand for banks to underwrite bond issues, Reuters reported.
Retail sales during the November and December holiday season totaled $994.1 billion, the U.S. Commerce Department reported, a 4-percent bump over 2023’s total. Online sales rose 8.6 percent.
The average U.S. interest rate on a 30-year, fixed-rate mortgage rose to 7.04 percent during the week of 6 January, the Federal Home Loan Mortgage Corp. reported, the first time since May the rate has topped 7 percent.