The Dow Jones closed on Thursday down nearly 800 points as surging oil prices stoke investor fears about the economic impact of the war with Iran. CBS News’ Kelly O’Grady has more on what was driving the market.
The Kansas City Star has won the National Press Foundation’s inaugural U. S. Chamber Award for Excellence in Local Business Reporting for its investigation into the Kansas City-based company CBD American Shaman. Business reporter David Hudnall tells the story of the man behind the company selling the opioid 7-OH in gas stations and smoke shops across the [.].
The post Federal Reserve’s Potential Rate Cut Boosts Crypto Hope appeared com. Key Points: 82. 9% chance of Federal Reserve rate cut in December. Market anticipates impacts on crypto prices and investments. BTC and ETH historically lead gains following rate cuts. CME’s “FedWatch” indicates an 82. 9% likelihood of a 25 basis point interest rate cut by the U. S. Federal Reserve in December, versus a 17. 1% chance of rates unchanged. This expectation affects Bitcoin, Ethereum, and U. S. crypto equity proxies like Coinbase, potentially spurring market volatility amid investor anticipation of macroeconomic shifts. Federal Reserve’s Potential Rate Cut Boosts Crypto Hope The 82. 9% likelihood of a Federal Reserve rate cut in December represents a notable shift in economic expectations. Predominantly driven by macroeconomic indicators, such potential policy easing by the Federal Reserve follows their ongoing evaluation of inflationary pressures and employment dynamics. Immediate implications of this expectation include shifts in financial planning and asset allocation strategies by institutional investors. The prospect of easing interest rates is expected to drive speculative interest in digital assets, with historically proven correlations to increased demand for cryptocurrencies like Bitcoin and Ethereum. This excitement is anticipated to ripple across interconnected asset classes, potentially influencing equity markets and crypto-specific stocks like the Weex platform for cryptocurrency trading and services. Market reactions have been notable, with Bitcoin experiencing brief surges beyond $89,000 in tandem with heightening rate cut expectations. However, official comments linked directly to the CME probability metrics remain absent from top crypto industry figures, leaving the potential impact largely speculative at this stage. Expert commentary suggests that fiscal policy variability is being closely watched as crypto markets remain sensitive to economic signals. Bitcoin’s Historic Gains Post-Rate Cuts: A Closer Look Did you know? During prior Federal Reserve rate cuts, Bitcoin often led the charge in valuation surges, with Ethereum closely following pace, marking significant capital influxes historically. According to data.
The skincare brand 82°E backed by Deepika Padukone has reported a sharp decline in revenue for FY25. According to the latest filings, revenue dropped to Rs. 14. 7 crore, down from Rs. 21. 2 crore in the previous year. On the bright side, the net loss has reduced significantly. While the company had posted a loss of Rs. 23. 4 crore in FY24, the shortfall narrowed to Rs. 12. 3 crore in FY25. Financial statements show that total expenditure in FY25 was Rs. 25. 9 crore a steep cut from Rs. 47. 1 crore a year earlier. Marketing spend, in particular, was drastically reduced to Rs. 4. 4 crore from nearly Rs. 20 crore in FY24. This suggests 82°E deliberately pulled back on customer-acquisition efforts after its previous heavy marketing push failed to translate into sustainable revenue. Despite having leveraged Deepika’s massive social-media presence with the actress sharing personal experiences while promoting products the brand could not avoid the downturn. 82°E positions itself as a “luxury” skincare brand, offering products priced between Rs 2, 500 and nearly Rs 4, 000 mid-premium range, but below the territory dominated by established luxury players such as Estée Lauder. In a fiercely competitive market where both emerging direct-to-consumer brands and longstanding luxury labels vie for customers 82°E now aims to cut costs further and ramp up sales efforts in a bid to return to profitability. The company has indicated as much in its latest filing. Also Read : Haq director Suparn Varma backs Deepika Padukone’s 8-hour workday demand: “It should not be news”.
How much is the monetary value of your time as a worker? Your paycheck may increase or decrease through the years, and you might be curious how it affects your hourly wage. For instance, you get a pay raise and wonder: $80,000 a year is how much an hour? This post will break down that . Read more.
Vantage Studios will be a collaborative effort between Tencent and Ubisoft that directly manages the Far Cry, Assassin’s Creed, and Rainbow Six franchises.
Ubisoft failed to comply with previously agreed-upon debt covenant leverage ratios due to improper revenue recognition.
Evening Reading – November 20, 2025
XRP saw a sudden drop in spot trading volume after an earlier rise, falling 32% as traders weigh what comes next to the markets.
Warren Buffett’s Berkshire Hathaway reveals new $4.3 billion Alphabet (GOOGL) stock holding
