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Markets & Money Today | 2 Min News | The Daily News Now!

The Daily News Now!

Stay informed with the latest business, stock market, and finance headlines, updates, and breaking stories delivered daily in quick, engaging episodes. Subscribe!The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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All Episodes

1:48

AI Boosts London Accountants' Profits, Hopes for UK...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

AI Revolutionizes London Accounting Firms, Boosting Profit Margins and ProductivityLondon accountants are experiencing a significant surge in profit margins due to AI, with tasks like fraud reporting now taking mere hours instead of weeks. This technological advancement is sparking hope for Britains economy, which has struggled with productivity issues for two decades. The private sectors focus on services presents an opportunity for AI adoption in accounting and finance, potentially benefiting the

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2:15

US Companies Boost Climate Efforts Despite Political...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

U.S. Companies Strengthen Commitment to Global Climate Efforts: Despite shifts in government views, American companies are increasingly engaged in global climate discussions. Sixty Fortune one hundred companies attended the COP thirty summit in Brazil, up from fifty last year. Tech giants, energy companies, carmakers, and lenders were among the major players present. The strong corporate presence suggests that American businesses are not pulling back from climate discussions. Executives explained

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2:20

Shein's Paris Store: Boost or Bane for Department...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

Sheins Parisian Debut: A Game-Changer for Department Stores? - Shein, the fast-fashion giant, opens its first physical store in Paris historic BHV department store, sparking debate over its impact on traditional shopping. The move aims to attract younger shoppers and boost foot traffic, but critics argue it undermines the traditional business model. Other department stores like Printemps and Galeries Lafayette are reinventing themselves as lifestyle destinations to stay relevant.The Daily News Now

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1:26

Oil Prices Drop Amid Peace Talks, Russian Oil Re-entry

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

Oil markets are on edge as peace talks between Russia and Ukraine unfold, with both major oil benchmarks dropping by three percent last week. The U.S. dollars strength also contributes to the price dip. West Texas Intermediate and Brent crude prices are at their lowest since late October, with traders anticipating a potential increase in Russian oil supply if a peace deal is reached. Progress in an updated peace framework and U.S. Secretary of State Marco Rubios optimistic outlook suggest a possible

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1:47

EU-US Trade Talks: Steel Tariffs & Tariff Reductions

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

EU ministers to meet with US trade officials in Brussels, aiming to push for more action on the July trade deal. EU seeks lower tariffs on European steel and removal of duties on goods like wine and spirits. US Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer to discuss trade issues, including Chinas export restrictions. EU emphasizes immediate progress on steel and aluminum tariffs, concerned about potential new tariffs on trucks, critical minerals, planes, and wind

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2:03

Tesla's AI Chip Ambitions: Musk's Hands-On Approach

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

Elon Musk is ramping up Teslas AI chip ambitions, seeking top-tier engineers and securing a massive deal with Samsung. He aims to produce a new AI chip design every twelve months, surpassing all other manufacturers combined. Musk is personally involved, holding regular meetings with the engineering team. This focus on AI hardware underscores Teslas commitment to integrating advanced AI into its products, from autonomous vehicles to robotics.The Daily News Now! — Every city. Every story. AI-powered

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1:49

Asian Markets Rise on Weaker Dollar, Fed Rate Cut Hopes

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

Asian stocks surged today, bolstered by a weaker US dollar and anticipation of potential Federal Reserve interest rate cuts. The US jobs data hinting at a cooling labor market caused the dollar to lose ground, benefiting most Asian currencies and regional markets. However, Chinas stock market dipped due to US tech export restrictions and economic concerns, with major chipmakers taking a hit. Despite optimism from rate cut prospects, investor confidence remains uncertain as Federal Reserve officials,

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2:10

Chinese Businesses Shift to African Consumer Market

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

Chinese business in Africa is shifting towards consumer products as private companies like Transsion and Huawei gain traction. With African economies growing and exports surging, the focus is now on the African consumer market. Smaller ventures in dropshipping, e-commerce, and manufacturing are on the rise, with some entrepreneurs earning six-figure US dollars. This trend suggests Africa could become a production hub, potentially industrializing and gaining better access to US and European

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1:50

J.P. Morgan Chase 'Debanks' Bitcoin Executive

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

Debanking Controversy: Jack Mallers, CEO of a Bitcoin payments firm, shares his experience of being debanked by J.P. Morgan Chase, sparking debate on Operation Choke Point two point zero. Critics argue that suppressing crypto will push innovation outside the U.S., raising questions about financial access and digital assets in traditional banking.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:44

Bitcoin ETFs, Stablecoins: Signs of Capital Flight

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

Bitcoins recent price drop, from $84,000, is due to shifts in market dynamics. Spot ETFs, once a major demand source, are now seeing consistent withdrawals, with a record $3.55 billion outflow in November. Stablecoins also show a decrease in supply, indicating money leaving the system. Despite long-term optimism, investors should brace for potential further declines as market cycles unfold.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more

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2:11

Norway's Wealth Tax: A Double-Edged Sword

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

Norways wealth tax, a levy on personal fortunes, has led to a significant exodus of wealthy individuals, including business owners and entrepreneurs, who seek to avoid the tax burden. The tax, which dates back to 1892, is a key part of Norways economic model, aiming to create a more equal society. However, changes in 2024 closed loopholes for an exit tax on unrealized capital gains, making it harder for emigrants to defer payments. Over 250 wealthy residents left in 2022 and 2023, more than double

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1:52

Asian Markets Rise on Weaker Dollar, Fed Rate Cut Hopes

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

Asian stocks surged today, driven by a weaker US dollar and anticipation of early Federal Reserve rate cuts. Most markets outside Japan gained around 0.7%, while Japans Nikkei climbed 1.2%. The US jobs data, weaker than expected, led to a significant dollar drop, benefiting many Asian currencies. However, Chinas Shanghai index fell 0.5% due to new US export restrictions on chipmakers, with SMIC shares dropping nearly 4%. Other chipmakers also saw slight declines, and ongoing economic recovery

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1:35

Bitcoin's Rough Ride: Bull Trap or Buying Opportunity?

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

Bitcoins Longest Losing Streak in Four Years: A Rough Ride Ahead, But Buying Interest SurgesThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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2:05

Asian Markets Gain, U.S. Focuses on Consumer Spending

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

Asian stock markets, excluding Japan, surged today, following a positive close on Wall Street last week, after a period of market volatility. Hong Kongs Hang Seng index rose by 1.3%, boosted by Alibabas AI application demand. South Koreas Kospi also climbed as tech shares stabilized. Investors now focus on U.S. consumer spending, with markets closed on Thursday for Thanksgiving. Last Friday, the S&P 500 and Dow gained, with nearly 90% of stocks advancing. Markets found encouragement from Fed

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2:03

Asian Markets Rally on Fed Rate Cut Hopes, China...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

Asian stock markets kicked off the week on a high note, buoyed by a robust Wall Street rally, as investors speculated about potential interest rate cuts by the Federal Reserve. MSCIs Asia-Pacific index, excluding Japan, edged up by 0.5%, while Australias ASX two hundred and New Zealands benchmark index also gained. However, Chinese markets faced headwinds, with the CSI three hundred index dipping and the Hang Seng index barely managing a gain. The weaker U.S. jobs report and planned Biden-Xi meeting

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1:41

PagerDuty's Q4 Earnings: Slower Growth Ahead?

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

PagerDuty set to release Q3 financial results, with analysts predicting a five percent revenue growth to $125 million. Despite adding 75 new customers, the company missed earnings estimates in the last quarter. With competitors like Datadog and Dynatrace showing strong growth, investors will be watching closely to see if PagerDuty can meet expectations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:41

J.M. Smucker's Q3 Results: Mixed Performance Amidst...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

J. M. Smuckers Q3 earnings report is due this Tuesday, with investors eagerly awaiting results after a mixed Q2 performance. Analysts project a 2.2% year-over-year revenue growth to $2.32 billion and adjusted earnings of $2.10 per share. Despite consistent estimates, J. M. Smucker has missed revenue predictions six times in the last two years, adding anticipation to this report. The broader food sector has seen share prices drop by nearly 5% over the last month, but J. M. Smuckers stock has remained

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1:40

NetApp's Earnings: Steady Growth Ahead

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

NetApp, a data storage company, is poised to unveil its latest earnings this Tuesday, following a quarter where it marginally increased revenue by 1.2% to $1.56 billion. Analysts predict a 1.7% year-over-year revenue growth to $1.69 billion for this quarter, a slowdown from last years 6.1% increase. Adjusted earnings are expected to be around $1.89 per share. Despite consistent analyst estimates, NetApps growth pace is slower than some competitors like IonQ and Diebold Nixdorf, which recently

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2:13

HP's Q4 Results: Steady Growth Amidst Uncertainty

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

HPs upcoming financial results, set to be announced this Tuesday, will provide insights into the companys performance amidst the current economic climate. Analysts predict a three point four percent year-over-year revenue growth, reaching fourteen point five four billion dollars, and adjusted earnings per share of ninety-two cents. While other tech hardware companies have shown mixed results, HPs share price has dropped by thirteen point four percent over the past month. Despite this, the average

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1:58

Movado's Q3 Results: Navigating Market Uncertainty

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/24

Movado, a luxury watchmaker, is set to release its latest financial results this Tuesday, with investors eagerly anticipating a positive shift from the two percent decrease reported last year. Despite a miss on earnings per share in the last quarter, Movado has a strong track record and is expected to meet analysts predictions of a one point seven percent revenue increase. The companys resilience is evident in its stock price, which has risen four point nine percent over the last month,

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