Retailers like Walmart, Target, and Aldi are offering more affordable Thanksgiving meals this year by heavily featuring private-label products and trimming menus. While prices are down, these deals often involve fewer items and store-brand substitutes, a trend driven by consumer concerns over rising food costs.

The ongoing government shutdown has severely disrupted US flight schedules, leading to over 2,500 cancellations by Saturday evening. Staffing shortages at FAA radar centers and control towers, exacerbated by unpaid air traffic controllers, are forcing airlines to scale back operations. This is causing significant passenger anxiety, financial losses, and broader economic concerns for supply chains

China’s consumer prices saw a mild 0.2% year-on-year increase in October, breaking a period of stagnation and decline. This slight improvement occurs as the nation grapples with a property debt crisis, weak consumer spending, and high youth unemployment, while factory-gate prices continue to fall.

Get ready for a busy IPO week as five companies prepare to raise over Rs 10,000 crore. From edtech giant PhysicsWallah to automotive component maker Tenneco Clean Air India and solar firm Emmvee Photovoltaic Power, the mainboard sees significant action. Two smaller firms, Mahamaya Lifesciences and Workmates Core2Cloud Solution, will also launch on the SME

China has temporarily lifted its ban on key high-tech exports like gallium and germanium to the US, a move effective immediately until November 2026. This decision follows a recent meeting between Presidents Xi Jinping and Donald Trump, signaling a de-escalation in their trade dispute. The pause aims to ease global supply chains and allows for

US President Trump has directed the Justice Department to investigate major meatpacking companies for alleged collusion and price manipulation, citing record-high beef prices. The probe will examine whether leading processors, who control a significant portion of the market, have engaged in anti-competitive practices. This action aims to protect American ranchers and address rising consumer costs.

The Trump administration ordered flight reductions impacting over 1,000 flights nationwide due to air traffic controller shortages amid a federal government shutdown. Major airports experienced delays and cancellations as essential staff worked without pay. Transportation Secretary Sean Duffy warned of further cuts if the shutdown persisted.

The Nasdaq Composite experienced its sharpest weekly loss since early April, as investors questioned the sustainability of the AI boom amid concerns about China’s potential to lead in AI development. Despite this pullback, the S&P 500 and Dow Jones Industrial Average rebounded late in the session, buoyed by reports of progress in ending the federal

Telecom operators are testing a new Calling Name Presentation (CNAP) service in Haryana and Himachal Pradesh, allowing mobile users to see the registered names of unknown callers. This initiative, directed by the Department of Telecommunications, aims to combat spam and scam calls by displaying caller identities, with a nationwide rollout anticipated by March-April next year.

State Bank of India aims to be among the world’s top 10 most valued banks by 2030. This follows the bank crossing the Rs 100 lakh crore business milestone. SBI is strengthening its capital buffers to support future growth. The bank also surpassed $100 billion in market capitalization. This positions SBI for significant global recognition.