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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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1:46

South Korea Sanctions Prince Group's Scam Network

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

2025/11/28

South Korea imposes sanctions on Prince Group, accused of running online scam centers in Cambodia and Myanmar, exploiting trafficked workers for global fraud. This marks the countrys first independent response to transnational crime, following similar actions by the US, UK, and Singapore. The Prince Group denies wrongdoing, while the Huione Group, accused of money laundering for North Korean cybercriminals, also faces sanctions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on

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1:59

UK Car Production Plummets by 30% in October

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

2025/11/28

UK car and commercial vehicle production plummeted in October, with a thirty percent drop in overall units and a seventy-five percent decline in commercial vehicles. The drop is attributed to a major cyberattack and ongoing industry challenges, with exports to key markets also down. However, theres a silver lining: electrified vehicle production surged, accounting for nearly half of all cars built. This comes as the UK government unveils new budget measures, including funding for automotive

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1:35

Trump's New Immigration Plan: Pause on 'Third World'...

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

2025/11/28

Former President Trump unveils sweeping immigration reforms, including a halt on migration from Third World Countries, revocation of Biden-approved admissions, and removal of non-beneficial immigrants. He also plans to end federal benefits for non-citizens and review all refugee cases, following a deadly attack by an Afghan national on National Guard members.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

Asian Markets Mixed: Tech Shares Slip, Fed Rate Cut...

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

2025/11/28

Asian stock markets experienced a mixed bag today, with tech shares generally slipping, while the Federal Reserves potential interest rate cut continues to influence global markets. In Japan, the Nikkei two two five index remained steady, but AI-related stocks like Kioxia Holdings and Lasertec declined. Meanwhile, South Koreas Kospi index dropped by 1.4% due to a significant decline in industrial production, particularly in semiconductor manufacturing.The Daily News Now! — Every city. Every story

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1:51

MegaETH Refunds All Pre-Launch Funds

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

2025/11/28

MegaETH Refunds User Funds After Chaotic Fundraising Attempt: The company, MegaETH, has announced it will return all user funds deposited into its pre-launch Pre-Deposit Bridge following a disastrous campaign to build liquidity for their stablecoin USDm. The campaign, intended to raise $250 million, turned into one of the most chaotic fundraising attempts of the year due to a series of technical failures and operational missteps. The company admitted their execution was sloppy and that user

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1:48

CME Exchange Halts Trading Due to Cooling Issue

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

2025/11/28

Trading on the Chicago Mercantile Exchange halted due to a cooling issue at CyrusOne data centers, affecting futures and options worldwide. The halt, which occurred during Asian trading hours, impacted contracts for US crude oil, gasoline, palm oil, and Treasuries. Other platforms, including EBS, also experienced issues. Analysts warn of potential volatility as trading resumes.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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2:06

Monad Token Plummets, Despite Strong Network Usage

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

2025/11/28

Monads Native Token Plummets, Despite Strong Network Usage: A Tale of Crypto Market VolatilityThe 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

THC-Infused Beverages Face Federal Ban

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

2025/11/28

Craft breweries like Indeed Brewing in Minneapolis are facing a significant threat to their THC-infused seltzer business due to a new federal provision banning these intoxicating hemp-derived beverages. This ban, set to take effect in November 2026, has sent the hemp industry into a scramble to save itself. The loophole in the 2018 farm bill, which legalized industrial hemp cultivation, allowed products like seltzers and snacks to contain enough THC to be intoxicating while still meeting the hemp

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2:00

Vietnam's 5G Deals with China: A Shift in Alliances

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

2025/11/28

Vietnams recent contracts with Chinese telecommunication giants Huawei and ZTE for five-G equipment signal a strengthening relationship with Beijing, raising concerns among Western officials. Despite Vietnams past hesitance to use Chinese technology in critical infrastructure, Huawei and ZTE have secured smaller contracts, while Western companies like Ericsson and Nokia won core infrastructure deals. The timing of these wins coincides with US tariffs on Vietnamese goods, potentially undermining

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1:31

Holiday Shoppers Face Financial Squeeze

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

2025/11/28

🎄 Holiday Shopping: A Tale of Two Economies 🎄This holiday season, Americans are grappling with financial strain due to rising prices on everyday goods. Sixty-two percent expect financial stress from holiday expenses, and fifty-eight percent believe gifts cost more this year. Tariffs announced earlier this year have contributed to these price increases, particularly for popular holiday items like electronics and jewelry.Higher-income households, however, are experiencing continued growth in their

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1:57

Bitcoin's Sideways Trade: Market Reset or Range-Bound?

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

2025/11/28

Bitcoins recent price surge above ninety thousand dollars, driven by short covering and market stabilization, may not last due to inflation concerns, weakening job data, and credit risk in AI-linked companies. Prediction markets suggest a range-bound period, with Bitcoin likely to stay capped near ninety-two thousand dollars. The cryptocurrency is behaving more like a traditional macro asset, influenced by the broader markets risk appetite and the upcoming Federal Open Market Committee meeting.The

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1:30

Stock Market Slightly Ups, Tech Sector Cools

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

2025/11/28

The stock market saw a slight uptick overnight, with futures for the Dow, S&P, and Nasdaq gaining about one tenth of a percent each. However, the Nasdaq is on track to end a seven-month winning streak. The market has slowed down this month due to a cooling in the tech sector, with investors questioning the profitability of AI-driven businesses. Both the Dow and S&P are at risk of breaking their six-month gain streak, while the Nasdaq is set to snap its impressive winning streak. Analysts predict the

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2:11

Microsoft's AI Boom: A Good Buy Despite Recent...

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

2025/11/28

Microsofts AI-driven growth and diverse revenue streams make it a compelling investment, despite recent stock price fluctuations and concerns about rising AI spending. Its dividend yield, while lower than historical averages, is the highest among its tech peers. Despite not yet becoming a Dividend Aristocrat, Microsofts stock is seen as a good buy due to its strong demand for AI-powered products and rapidly growing cloud division.The Daily News Now! — Every city. Every story. AI-powered. Hosted on

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1:40

MediaTek's AI Surge: A New Era for Chip Manufacturing

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

2025/11/28

MediaTek, a Taiwanese chipmaker, is experiencing a stock market surge, with shares jumping over twenty percent this week. This is largely due to excitement around artificial intelligence advancements, particularly from their client, Google. The company has teamed up with Googles parent company, Alphabet, to design tensor processing units, which are seen as a potential competitor to Nvidias chips in the AI field. Despite challenges in the Chinese market, analysts believe the potential gains from this

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1:40

Oil Prices Plummet: OPEC Plus Meeting & Ukraine Conflict

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

2025/11/28

Oil prices experience longest monthly losses in over two years, with Brent crude holding steady above sixty-three dollars and WTI near fifty-nine dollars. OPEC Plus nations likely to pause output increases in early 2026, while global surplus expectations drive Brent oil down fifteen percent this year. Russian President Putin hints at openness to talks for ending the war, potentially easing Western sanctions and releasing previously limited supplies to major buyers.The Daily News Now! — Every city

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1:30

Hong Kong Fire: Worst in 80 Years, 94 Dead

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

2025/11/28

Hong Kongs Worst Fire in Decades: A Tragic Blaze Claims Lives, Raises Safety ConcernsA devastating fire in Hong Kongs Wang Fuk Court housing complex has resulted in at least ninety-four fatalities, marking the citys worst fire in nearly eighty years. The blaze, which started during renovations, spread rapidly due to bamboo scaffolding and green mesh, causing intense heat, thick smoke, and collapsing debris. Firefighters battled the fire for over twenty-four hours, with most victims found in two

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1:31

South Korea Investigates $30M Cryptocurrency Heist

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

2025/11/28

South Korean authorities are investigating a major cryptocurrency hack at Upbit, suspecting the Lazarus Group, linked to North Koreas spy agency, could be responsible. The incident involved the illegal withdrawal of $30.4 million, resembling a previous $58 million heist in 2019. The timing of the attack, just hours before Navers acquisition of Upbits parent company, adds complexity to the situation.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for

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2:13

US-Saudi Alliance: New Benefits, Expectations

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

2025/11/28

Former President Trump designates Saudi Arabia as a major non-NATO ally, marking a significant shift in U.S.-Saudi relations. This new status brings substantial economic and military benefits, including eligibility for loans of equipment, cooperative research, and priority delivery of excess defense articles. Saudi Arabia is now expected to align more closely with U.S. and allied interests, including supporting relationship normalization deals between Arab states and Israel. The U.S. also

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1:26

Goldman Sachs Warns of Weakening US Job Market

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

2025/11/28

Goldman Sachs warns of a weakening U.S. job market, citing a surge in layoffs across various industries. This trend, marked by the highest number of planned large-scale layoffs since 2016, is causing concern as it suggests a significant shift. Data from Challenger, Gray, and Christmas shows layoff announcements reaching recession-level highs, with technology, industrial goods, and food and beverage sectors hit hard. Economists worry that finding new jobs after being let go is becoming increasingly

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2:35

Trump's Peace Deal: Europe's Energy Future

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

2025/11/28

The Trump Administration is negotiating a peace deal between Ukraine and Russia, potentially impacting Europes energy landscape. However, a resolution is uncertain, and even if achieved, its unlikely to change Europes desire to avoid Russian energy dependence. Europe has reduced its reliance on Russian gas, incurring higher energy costs, and has dismantled infrastructure needed for Russian pipeline flows. Meanwhile, the U.S. and Qatar are increasing LNG exports, easing European concerns about winter

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