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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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1:24

Penny's Demise, Nickel's Future: US Coins in Crisis

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

2025/11/16

The American penny is officially discontinued, with the last ones made at the US Mint in Philadelphia. The nickel is next in line due to high production costs, potentially leading to a change in its metal composition within a year. The decline in coin usage, especially among lower-income individuals, may accelerate the phase-out of the nickel, raising concerns about the impact on cash-dependent populations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See

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1:55

Financial Inclusion in Europe: A Tale of Two Extremes

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

2025/11/16

New data reveals stark differences in financial inclusion across Europe, with Switzerland, Sweden, and Denmark leading the pack. The UK also sees improvement, ranking in the global top ten. However, Italy and Turkey lag behind, along with other major European economies. The report emphasizes that financial inclusion is a result of government policies, modernized financial systems, and employer support, with digitization and education playing crucial roles.The Daily News Now! — Every city. Every

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1:37

Czech Republic's Nuclear Expansion: A $19B Bet

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

2025/11/16

The Czech Republics Dukovany nuclear power plant is set to expand, with two new reactors to be built by South Koreas KHNP. This $19 billion project aims to double the countrys nuclear output, with the new reactors expected to be operational in the 2030s. The expansion is part of a broader strategy to increase reliance on nuclear energy, potentially generating up to 60% of the countrys power by 2050.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for

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1:48

Fed Governor's Stock Trades Under Scrutiny

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

2025/11/16

Former Federal Reserve governor, Adriana Kugler, faces scrutiny over stock trades made during her tenure. Ethics officials declined to certify her report, referring it to the central banks inspector general for review. The trades, including Apple, Cava Group, Southwest Airlines, and Caterpillar, were restricted under Feds ethics policies. Kugler claimed the trades were made by her husband without her knowledge, but the matter was referred to the Inspector General in January 2025 due to additional

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1:57

Russia's Economic Slowdown: Taxes, Fees, and War Impact

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

2025/11/16

Russias economy, driven by military spending, is slowing down due to decreasing oil revenues and a growing budget deficit. The Kremlin plans to raise money through new taxes and fees, impacting ordinary citizens and small businesses. These tax increases will affect a wider range of businesses, including local convenience stores and beauty salons. Many Muscovites express dismay about higher food prices and potential business closures. The cost to register a car will also increase, leading to higher

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2:08

J and J Snack Foods Earnings: Analysts Predict...

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

2025/11/16

J and J Snack Foods is set to report earnings this Monday, with analysts predicting a four percent drop in revenue and adjusted earnings of $1.24 per share. Despite missing revenue forecasts four times in the last two years, analysts have largely maintained their predictions. The companys competitors have seen mixed results, with SunOptas stock price falling despite a sixteen percent revenue increase and Hersheys shares dipping after a six percent revenue boost. The broader economic landscape for

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1:45

AECOM's Q3 Results: Mixed Performance, Stock Bucks Trend

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

2025/11/16

AECOM, a leading infrastructure consulting firm, is set to release its Q3 financial results this Monday. Despite flat revenues and slightly below-par performance in the last quarter, analysts predict a five percent year-over-year revenue increase, reaching approximately four point three two billion dollars. Adjusted earnings are expected to be one dollar and thirty-four cents per share. However, AECOM has a history of missing revenue estimates, which investors will be watching closely. In contrast

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1:52

Beef Prices Soaring: Ground Beef Could Hit $10/Pound

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

2025/11/16

Brace for a significant increase in beef prices, with ground beef potentially reaching ten dollars a pound by Q3 2026. The U.S. cattle herd is at a seventy-year low, while demand is at an all-time high, creating a perfect storm for rising costs. Factors like droughts, high interest rates, and expensive feed have led to a sharp decrease in cattle numbers, reducing supply and pushing prices up. While former President Trump has removed tariffs on beef, experts believe this is not the main driver of

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1:55

Truckload Rates Surge on LA-Chicago Route

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

2025/11/16

Truckload shipping rates from Los Angeles to Chicago have surged by 32% over the past two years, despite a 10% drop in intermodal rates. This trend is driven by increased import volumes and a pull forward strategy, yet truckload prices remain high due to reduced capacity and unique shipper needs.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:57

Shadow Fleet of Oil Tankers: Impact on Global Prices

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

2025/11/16

Shadow Fleet of Oil Tankers Holds Millions of Barrels from Sanctioned Countries, Potentially Impacting Global Oil PricesIran, Russia, and Venezuelas crude oil, held on tankers due to international restrictions, could significantly affect oil prices. Irans floating storage has more than doubled, reaching over thirty-six million barrels, while Asias floating storage has soared by twenty million barrels in two months. Analysts suggest that Chinese refineries are struggling to process these arrivals due

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1:52

Crypto Market: Bullish or Bearish in 2025?

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

2025/11/16

Crypto Market Outlook: Two Thousand Twenty-Five - Kevin McCordic from Monad and investor Nic Carter present contrasting views on the current crypto market slump. McCordic sees it as a typical market correction, while Carter warns of a more concerning situation due to waning attention and lack of clear growth catalysts. Both experts emphasize the importance of product value and user adoption for future gains.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See

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1:53

Harvard's $443M Bitcoin ETF Bet

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

2025/11/15

Harvard Universitys endowment, valued at over fifty-five billion dollars, has made a significant move into cryptocurrency, disclosing a four hundred forty-three million dollar stake in BlackRocks iShares Bitcoin Trust (IBIT). This investment, now the funds largest known equity position in a spot bitcoin ETF, represents a notable shift for the prestigious institution. Despite market volatility, with bitcoin plunging over five percent in the past week, Harvards long-term perspective on digital

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2:03

AI Boosts Geothermal Energy's Global Potential

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

2025/11/15

Big tech investments in enhanced geothermal startups are revolutionizing energy production, offering a constant, reliable power supply and broad political support. Fervo Energy, backed by Bill Gates and Google, has secured the largest commercial contract for geothermal power, aiming for commercial use in 2026. With a 70% reduction in drilling time and high temperatures, geothermal energy is poised to become essential.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See

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1:38

Tariffs May Lower Inflation, But at What Cost?

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

2025/11/15

New study challenges conventional wisdom: Tariffs may lead to lower inflation, but at the cost of economic slowdown and job market weakness.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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2:03

Trump's Nuclear Push: Billions for New Reactors

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

2025/11/15

President Trumps ambitious plan to quadruple nuclear power capacity by 2050, involving billions in public funding, faces challenges as tech companies invest billions privately. The DOEs loan office will support new reactors, but Westinghouses bankruptcy history raises concerns. Despite potential, nuclear renaissances pace and cost remain uncertain.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:54

Trump's $82M Bond Investments: Conflicts & Industries

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

2025/11/15

Former President Donald Trump recently invested at least $82 million in corporate and municipal bonds, with a potential total value exceeding $337 million. These investments span various industries, including those benefiting from his administrations policy changes, raising questions about potential conflicts of interest. Notably, he acquired bonds from companies like Broadcom, Qualcomm, Meta Platforms, Home Depot, CVS Health, Goldman Sachs, and Morgan Stanley. This investment activity follows his

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1:59

Trump's $82M Bond Buys: Conflicts & Connections

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

2025/11/15

Former President Donald Trump recently invested over $82 million in corporate and municipal bonds, spanning various industries, including those that benefited from his administrations policies. His investments include chipmakers like Broadcom and Qualcomm, tech giants like Meta Platforms, retailers such as Home Depot and CVS Health, and Wall Street banks like Goldman Sachs and Morgan Stanley. Trump also acquired Intel bonds after the U.S. government, under his direction, had previously acquired a

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1:40

JPMorgan Fights $142M Legal Fee Bill in Fraud Case

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

2025/11/15

JPMorgan Chase is fighting a $142 million legal fee bill for Charlie Javice and Olivier Amar, founders of Frank, a financial aid startup acquired for $175 million in 2021. Javice was sentenced to 7 years for fraud, and Amar is still under investigation. JPMorgan challenges the order to pay for their legal expenses, citing unusual billing practices like luxury hotel upgrades, 24-hour work claims, and cellulite butter moisturizer. Javices spokesperson denies personal charges and adherence to JPMorgans

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1:36

Federal Immigration Enforcement Surges in Cities

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

2025/11/15

Federal agents escalate immigration enforcement in Charlotte, sparking fear and uncertainty among residents. Similar operations in other cities have led to violent confrontations and public outcry. Local leaders urge peaceful reactions as enforcement actions are expected to intensify in New Orleans.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

Apple's Next CEO: John Ternus Tipped to Succeed Tim Cook

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

2025/11/15

Apples board and senior executives are accelerating plans for Tim Cooks successor, with John Ternus, the current hardware engineering head, as the top contender. Despite strong financials, Apple faces AI challenges, having invested less than rivals and experiencing team member departures. Cook, who led Apples market value growth from $350B to $4T, prefers an internal candidate.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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