US labour market stumbles in November: Unemployment rate climbs to 4.6% despite addition of 64,000 jobs; highest since 2021

AI image (Representative) US saw a significant cutdown in jobs in November, marking a record unemployment high since 2021. It gained 64,000 jobs in November, over October’s loss of 105,000 positions, primarily due to federal workforce reductions under the Trump administration. The unemployment level increased to 4.6%, reaching its peak since 2021.The Labour Department’s delayed…

Read More

World’s richest just got richer! Elon Musk becomes first person to cross $600 bn net worth — how SpaceX’s $800 bn valuation helped

Elon Musk became first person ever to have a fortune exceeding $600 billion, with the sharp rise in the value of his companies, particularly SpaceX, driving his net worth to unprecedented levels. The latest jump follows a offer launched by SpaceX earlier this month that values the private rocket company at $800 billion, up from…

Read More

Russia hit with fresh sanctions! European Union adds firms tied to Moscow’s shadow fleet to list; bans oil traders with connections

The European Union has expanded its sanctions list on entities connected to Russia’s oil trade, with a new round of measures aimed at traders and shipping networks accused of enabling Moscow to continue crude exports despite Western restrictions.The new sanctions name oil traders Murtaza Lakhani and Etibar Eyyub, who, according to EU, were involved in…

Read More

Gold price today: How much yellow metal costs in Delhi, Mumbai and other cities? Check rates for 18K, 22K and 24K gold

Gold prices declined in futures trade on Tuesday as traders booked profits and turned cautious ahead of the outcome of the US non-farm payrolls report, which is expected to offer fresh cues on the US Federal Reserve’s interest rate path. On the Multi Commodity Exchange (MCX), gold futures for February delivery slipped by Rs 341,…

Read More

Top stocks to buy today: Stock market recommendations for December 16, 2025 – check list

Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks investors can consider buying today on December 16, 2025 are: Union Bank of India, UPL, and Britannia Industries. Let’s take a look:Union Bank of India – Buy in the…

Read More

Nasdaq applies for new trading hours! US tech benchmark could run 23 hours a day — Check the proposed schedule

Investors may soon be able to trade Wall Street benchmark Nasdaq for almost all day!Nasdaq, the tech heavy benchmark, is preparing to seek regulatory approval to introduce near-continuous stock trading, as international interest in US equities continues to rise, pushing exchanges to rethink traditional market hours, Reuters reported.The exchange operator, which lists technology giants including…

Read More

Third largest economy soon! PM Modi highlights India’s growth story in Jordan – growth above 8%

PM Modi on Tuesday highlighted India’s economic growth and said that the country is poised to become the third largest economy. Speaking at the India-Jordan Business meet, PM Modi further added that this economic momentum provides a range of opportunities for global partners. “You all know that India is moving towards becoming the world’s third-largest…

Read More