Skip to main content

Featured

Wall Street Futures Edge Higher as Soft Jobs Data Fuels Rate-Cut Hopes

  US stock futures ticked upward on Wednesday, extending Wall Street’s rebound as investors digested a weaker-than-expected ADP employment report. The data showed a surprise decline in private-sector payrolls, reinforcing expectations that the Federal Reserve may move forward with an interest rate cut at its upcoming December meeting. Market Performance Dow Jones Industrial Average futures rose about 0.2%, adding 80 points to 47,624. S&P 500 futures gained 9.25 points to 6,849.50, up 0.14%. Nasdaq 100 futures advanced 25.50 points to 25,631.50, a 0.10% increase. Key Drivers The ADP jobs report revealed a drop in private-sector employment, signaling cooling labor market conditions. This bolstered investor confidence that the Fed will ease monetary policy, with markets pricing in nearly 88% odds of a rate cut next week. Tech stocks continued to provide momentum, with Nvidia and Marvell edging higher. Crypto-linked stocks surged, with PMAX up 67%, CMCT up 30%, a...
Post a Comment
Read more

article

Labels

U.S. Announces Departure from World Health Organization, Effective January 22, 2026

In a move that has sent shockwaves through the global health community, the United States has formally announced its decision to withdraw from the World Health Organization (WHO) on January 22, 2026. This decision, confirmed by the United Nations, follows a formal notification from President Donald Trump, who has criticized the WHO for its handling of the COVID-19 pandemic and other international health crises.

The U.S., which is the WHO's largest financial contributor, accounting for around 18% of its budget, will cease negotiations on the WHO pandemic treaty and recall all government personnel working with the organization. Experts warn that this departure could jeopardize critical global health programs, including those targeting tuberculosis, HIV/AIDS, and other health emergencies.

The WHO has expressed regret over the decision, emphasizing the importance of U.S. involvement in global health initiatives. The future of international health cooperation remains uncertain as the world awaits further developments.


Labels:

Comments

Post a Comment