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Flight Cuts From Shutdown Strain Supply Chain Already Stretched Thin
The Federal Aviation Administration’s announcement of a 10% reduction in flight capacity across 40 major U.S. airports could further strain the air cargo system as the peak holiday season approaches.

By The Financial District
Nov 121 min read


Trump Demands Probe of Foreign-Owned Meat Packers for Inflating Beef Prices
President Donald Trump has accused foreign-owned meat packers of driving up the price of beef in the United States.

By The Financial District
Nov 122 min read


Despite Layoffs, Retailers See Holiday Spending Surpassing $1 Trillion
It’s already been one of the worst years for layoffs in decades, with employers slashing over 1 million jobs.

By The Financial District
Nov 121 min read


Pharma Giants Cut Prices of Weight-Loss Drugs
Americans will soon get a reprieve from the sky-high cost of some weight-loss drugs.

By The Financial District
Nov 121 min read


Japan’s Households Boost Spending Despite Inflation Hit
Japan’s household spending rose for a fifth consecutive month, offering some support for an economy that analysts say contracted in the third quarter, though the results came in below expectations.

By The Financial District
Nov 121 min read


PSE Index Plummets to Three-Year Low as Blue Chips Hit New Bottoms
The Philippine Stock Exchange (PSE) index today fell sharply to a new three-year low as nearly all sub-indices, except services, posted heavy losses.

By The Financial District
Nov 112 min read


Japan to Raise Visa Fees for Foreign Visitors Next Year
The Japanese government plans to raise visa issuance fees for foreign visitors in fiscal 2026, as current fees remain low compared with those in the United States and Europe.

By The Financial District
Nov 111 min read


Thousands of Travelers Furious Over Hundreds of Flight Cancellations
Hundreds of flight cancellations spread across the U.S. at the close of the week as airlines began complying with the Federal Aviation Administration’s (FAA) unprecedented order to scale down routes nationwide because of the government shutdown.

By The Financial District
Nov 111 min read


Dow, S&P, Nasdaq Futures Rise as Vote Advances Bill to End Shutdown
U.S. stock futures climbed Monday morning following a vote that advanced a bill aimed at ending the record-breaking federal government shutdown.

By The Financial District
Nov 111 min read


Asian Shares Advance as Tech Stocks Rebound from AI Jitters
Asian shares advanced on Monday, lifted by technology stocks as they rebounded from last week’s jitters over the run-up in artificial intelligence (AI)-related shares.

By The Financial District
Nov 111 min read


PSE Index Tumbles to New Low
The Philippine Stock Exchange (PSE) index tumbled to a new low Monday as investors stepped up selling after the market recess, closing at 5,702.64 points, down 56.73 points or 0.99 percent.

By The Financial District
Nov 102 min read


U.S.-China Rivalry to Persist, Analyst Argues
In the U.S., bipartisan consensus is painfully hard to achieve — except on the issue of China.

By The Financial District
Nov 102 min read


Vegetarians Should Back U.S. Ranchers vs. Trump’s Beef Import Plan
President Donald Trump — in a panic over grocery prices that remain stubbornly high — is undercutting the U.S. cattle industry with his plan to quadruple beef imports from Argentina.

By The Financial District
Nov 102 min read


Bitcoin Slumps Nearly 20% From All-Time High
Bitcoin had a rough week, with the token briefly slipping below $100,000 — its lowest level in six months.

By The Financial District
Nov 101 min read


More Than 1,100 U.S. Flights Canceled Sunday
Nationwide flight disruptions stretched into Sunday following cancellations and delays to thousands of flights on Saturday.

By The Financial District
Nov 101 min read


U.S. Manufacturing Shrinks for Eighth Straight Month
U.S. factory activity shrank in October for the eighth consecutive month, driven by a pullback in production and weak demand.

By The Financial District
Nov 102 min read


Supreme Court Justices Skeptical of Validity of Trump’s Tariffs
A divided Supreme Court has appeared skeptical of President Trump’s authority to unilaterally impose tariffs on nearly every country under a federal emergency powers law.

By The Financial District
Nov 91 min read


Government Shutdown May Be Extended, Analysts Warn
At 40 days, the US government shutdown is now the longest in history, and analysts warn it could drag on despite some signs of progress.

By The Financial District
Nov 91 min read


PSE Index Plunges Another Level Down
The Philippine Stock Exchange (PSE) index plunged another level Friday as blue chips posted hefty declines, closing 76.22 points or 1.31% lower at 5,759.37 points.

By The Financial District
Nov 82 min read


American Consumers Lose $120 Million After Trump Cans CFPB
The Trump administration has halted nearly all activities of the Consumer Financial Protection Bureau (CFPB), a regulatory rollback that benefits financial institutions but leaves consumers vulnerable at a time when they are already strained by inflation.

By The Financial District
Nov 71 min read


Shutdown Costs U.S. Economy $14-B; 2% Cut in GDP Predicted
The ongoing federal shutdown has already cost the U.S. economy between $7 billion and $14 billion.

By The Financial District
Nov 71 min read


PSE Index Up Slightly
The Philippine Stock Exchange (PSE) index rose slightly on Thursday to 5,835.59 points, up by 17.53 points or 0.30 percent, with only the industrial sub-index posting a loss.

By The Financial District
Nov 72 min read


Vietnam’s Push for "Chip-to-Ship" Conglomerates Raises Red Flags
Two days after Vietnam’s top leader called on local private firms to help build national infrastructure, listed conglomerate Vingroup stepped forward to propose developing a $70-billion nationwide high-speed railway—and building the trains to run on it.

By The Financial District
Nov 61 min read


U.S. Airline Bosses to Meet Vance Over Shortage of Air Traffic Controllers
The government shutdown continues to negatively impact the travel industry due to staffing shortages.

By The Financial District
Nov 61 min read
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