Hundreds of thousands of travellers faced flight delays and cancellations on Sunday, marking the worst disruption since the U.S. government shutdown began. Transportation Secretary Sean Duffy warned that conditions could worsen ahead of the Thanksgiving holiday. Airlines cancelled over 2,800 flights and delayed more than 10,200 on Sunday, the third consecutive day of government-mandated flight …
Visa and Mastercard have reached a revised settlement with merchants who alleged the card networks charged excessive fees for accepting their credit cards, according to a court filing on Monday. The updated settlement was revealed in a letter filed in Brooklyn federal court by a lawyer representing some of the plaintiffs. Details on the revised …
The United States government has introduced new immigration guidelines that could deny visas and green cards to foreign nationals living with chronic health conditions such as diabetes, heart disease, cancer, and other long-term illnesses. The directive, issued under President Donald Trump’s administration, expands the interpretation of a “public charge”, a term in U.S. immigration law …
For the first time in history, the U.S. Labor Department will miss releasing its key employment report for a second consecutive month, as the ongoing government shutdown stretches into its second month, the longest ever recorded. The data blackout has left economists, investors, and policymakers struggling to gauge the true state of the American economy. …
Despite a dramatic threat from US President Donald Trump to launch military action against Nigeria over alleged Christian persecution, the country’s economy remains remarkably stable, reflecting resilience amid geopolitical tensions. Data from key economic activities as monitored by Pinnacle daily highlight a robust economic outlook, showcasing the Nigerian economy’s ability to weather external challenges. Trump's …
More than a decade after his passing, Michael Jackson continues to dominate the global entertainment landscape even in death. The King of Pop has been named 2025’s highest-paid deceased celebrity by Forbes, earning an estimated $105 million in the past year alone. With this, Jackson extends a posthumous financial legacy unmatched in modern celebrity culture. …
The U.S. dollar held close to a three-month peak on Monday as investors looked ahead to a slate of economic data this week that could offer fresh insight into the strength of the world’s largest economy and signal whether the Federal Reserve will maintain its hawkish posture. Asia-Pacific trading was subdued due to a holiday …
President Donald Trump has reduced the number of refugees to be admitted into the United States to 7,500 for the 2026 fiscal year which is the lowest cap in U.S. history, while giving priority to white South Africans, particularly Afrikaners, under a new Executive Order. The drastic reduction, announced on Thursday via the Federal Register, …
The United States and China have struck a fragile truce in their long-running trade war, with President Donald Trump announcing tariff reductions in exchange for renewed Chinese cooperation on fentanyl control, agricultural trade, and rare earths supply. Speaking to reporters after face-to-face talks with President Xi Jinping in Busan, South Korea, Trump hailed the meeting …
The average interest rate on the most popular U.S. home loan has dropped to its lowest level in over a year, following softer inflation data that reinforced expectations of another Federal Reserve rate cut. According to the Mortgage Bankers Association (MBA), the rate on a 30-year fixed mortgage fell by seven basis points to 6.30% …
