Russia’s central bank has intervened to ease pressure on financial markets after the rouble tumbled past 110 to the dollar, losing nearly a third of its value since early August. The bank announced it would stop foreign currency purchases from November 28 until the end of the year and defer these purchases until 2025. This … Read more
The University of Memphis men’s basketball team has moved into the AP Top 25 poll, following a strong showing at last week’s Maui Invitational tournament. This marks a significant milestone for the program, showcasing their improvement and competitiveness on the national stage. As revealed by Tigers beat writer Parth Upadhyaya in his latest AP Top … Read more
Shopify (SHOP) reported $5 billion in gross merchandise volume during its annual Black Friday shopping event, up 22% year-over-year. This marks a stronger-than-expected performance from the e-commerce platform. Analysts are cautiously optimistic about Shopify’s future growth prospects. Deutsche Bank analyst Bhavin Shah said that the company is on track to meet its fourth-quarter expectations of … Read more
The stock market is poised for another day of gains, with the S&P 500 and Nasdaq composite hitting new highs on Monday. The Dow Jones Industrial Average slipped 0.3%, while Apple, Meta Platforms, Nvidia, and Salesforce are in buy zones. Credo Stock Surges Over 34% In Extended Trading Artificial intelligence leader Credo surged over 34% … Read more
Bitcoin (BTC) has struggled to rally above $98,000 from November 25 to December 2, despite achieving a 38% monthly gain. This consolidation below the $100,000 psychological barrier has raised concerns among market participants that it may embolden bearish strategies. However, derivatives markets suggest resilience, with traders paying a 17% annualized premium for leveraged positions compared … Read more
Bank of America’s equity and quantitative strategy team predicts that the stock market rally is far from over. In a research note released on Monday, the firm set a 6,666 year-end target for the S&P 500 in 2025, representing a roughly 10.5% gain from current levels. The bank’s bullish forecast is driven by strong economic … Read more
The Winnetka-Northfield library district will mark its 50th anniversary on Saturday with a special photo exhibit showcasing the district’s history and growth over five decades. Executive director Monica Dombrowski has been working on the project since this spring, inspired by photos from the district’s past and the recent digitization of decades-old community newspapers. The exhibit … Read more
Israel has launched its largest wave of airstrikes across Lebanon since agreeing to a ceasefire with Hezbollah last week, killing at least 11 people. The strikes came after Hezbollah fired projectiles towards Mount Dov, a disputed territory between Lebanon and Israel. Hezbollah said it fired on an Israeli military position as a “defensive and warning … Read more
The French government is on the brink of collapse as far-right National Rally party leader Marine Le Pen has pledged to support a no-confidence vote over the proposed budget bill. Despite Prime Minister Michel Barnier’s last-minute offer not to cut reimbursements for medicines, the party refused to back down. The proposal faces significant opposition, potentially … Read more
The Times of Israel website experienced technical difficulties, but issues have been resolved. Users are advised to try reloading the page after enabling JavaScript and cookies. Source: https://www.timesofisrael.com/liveblog_entry/us-said-to-warn-israel-it-is-violating-ceasefire-in-lebanon-singling-out-drone-flights-over-beirut