Israel and Hamas extended their pause in fighting. Negotiations continued down to the...
Israel and Hamas extended their pause in fighting. Negotiations continued down to the last moments but, minutes before their truce was set to expire, Israel and Hamas agreed to add one more day to their cease-fire. Yesterday, on the cease-fire’s sixth day, Hamas released 16 people who had been held hostage in Gaza, including an Israeli-American dual citizen, and in return Israel released 30 Palestinians from prison, including prominent activist Ahed Tamimi. Hamas also said that 10-month-old Kfir Bibas, the youngest Israeli hostage, and his family had died, a claim Israel’s military said it was assessing.
The UAW hit the gas yesterday on a campaign to organize 13 nonunionized car companies, including Tesla and Toyota.
London’s black cabs will soon be available for hailing via Uber as the company continues to make deals to bring traditional taxis into its fold.
The US saw a record number of deaths by suicide in 2022, although the suicide rates among children and teens went down.
Jezebel might need to change its name to Lazarus because the feminist blog, which was shuttered by G/O Media earlier this month, has been acquired by Paste Magazine to be brought back to life.
Rockefeller Center lit its tree yesterday. Let’s hope this one is hardier than the National Tree at the White House, which briefly fell over on Tuesday.
Henry Kissinger Is Dead at 100; Shaped Nation’s Cold War History
Henry A. Kissinger, the scholar-turned-diplomat who engineered the United...
Henry A. Kissinger, the scholar-turned-diplomat who engineered the United States’ opening to China, negotiated its exit from Vietnam, and used cunning, ambition, and intellect to remake American power relationships with the Soviet Union at the height of the Cold War, sometimes trampling on democratic values to do so, died on Wednesday, according to a statement that was released by his consulting firm. He was 100.
Benchmark U.S. crude oil for January delivery rose $1.45to $77.86 per barrel Wednesday. Brent crude for January delivery rose $1.42 to $83.10 per barrel.
Wholesale gasolinefor December delivery rose 5 cents to $2.28 a gallon. December heating oilfell 2 cents to $2.89 a gallon. January natural gasfell 4 centsto $2.80 per 1,000 cubic feet.
Stocks end mostly lower, but head for big monthly gains
Stocks ended mostly a shade lower on Wednesday but remained on...
Stocks ended mostly a shade lower on Wednesday but remained on track for the biggest monthly gains of 2023.The Dow Jones Industrial AverageDJIA eked out a gain of around 14 points, or less than 0.1%, to close near 35,431, according to preliminary figures. The S&P 500SPX fell 0.1%, while the Nasdaq CompositeCOMP shed 0.2%. The S&P 500 has rallied 8.5% so far this month, while the Nasdaq is up 11%, which would be the biggest monthly advance for both indexes since July 2022, according to Dow Jones Market Data. The Dow is up 7.2% in November, which would be its strongest monthly showing since October 2022.
Most market strategists would agree those are some strange bedfellows. But the torrid November rally in stocks is starting to morph into something more frothy, analysts say, and both speculative and defensive assets are getting taken along for the ride.
Some have described it as the latest leg of an “everything rally”fueled by a broad macro bet on Federal Reserve interest-rate cuts beginning early next year.