Yen gains as some BOJ policymakers see rate hike soon
Some Bank of Japan policymakers saw conditions falling into place for an imminent rate hike with one predicting a move “in the near future,” keeping alive the chance of a January hike. Read more
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Bird flu virus shows mutations in 1st severe human case in U.S.
The CDC said the patient’s sample showed mutations in the hemagglutinin (HA) gene, the part of the virus that plays a key role in its attaching to host cells. Read more
Finland boards oil tanker suspected of sabotage
Two fiber-optic cables owned by Finnish operator Elisa linking Finland and Estonia were broken, while a third link between the two countries owned by China’s Citic was damaged, Finnish transport and communications agency Traficom said. Read more
Dow rises for fifth day as megacap stocks face pressure
While the Nasdaq Composite and the S&P 500 were broadly unchanged, the indexes both finished slightly in negative territory. Read more
Dollar gains on yen on bets of U.S. growth, inflation
Trading volumes were light today with many traders on holiday after Wednesday’s Christmas holiday and before next week’s New Year holiday. Read more
JAL’s systems back to normal after cyberattack delayed flights
The attack began at 7:24 a.m., affecting internal and external systems, JAL said earlier. It temporarily shut down a router that was causing malfunctions and suspended ticket sales for flights departing on Thursday. Read more
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U.S. jobless claims dip, but unemployment duration rises
Initial claims for state unemployment benefits fell by 1,000 to a seasonally adjusted 219,000 for the week ended Dec. 21, the Labor Department said today. Read more
Sources: Azerbaijan flight was downed by Russian air defenses
Flight J2-8243 crashed down on Wednesday in a ball of fire near the city of Aktau in Kazakhstan after diverting from an area of southern Russia where Moscow has repeatedly used air defense systems against Ukrainian drone strikes. Read more
Azerbaijan Airlines plane crashes in Kazakhstan, killing 38
Twenty-nine survivors received hospital treatment. Read more
Japan Airlines hit by cyberattack, causing delays to some flights
The company said it temporarily shut down a router that was causing system malfunctions and also suspended ticket sales for flights departing on Thursday. Read more
Biden signs 50 bills, makes bald eagle nation’s official bird
The flurry of activity comes as Biden is pushing his final priorities before handing power to President-elect Donald Trump on Jan. 20. Read more
Pope Francis appeals for courage to better the world
Francis, celebrating the 12th Christmas of his pontificate, presided at a solemn Christmas Eve Mass in St. Peter’s Basilica and opened the 2025 Catholic Holy Year, which the Vatican expects will bring some 32 million tourists to Rome next year. Read more
NASA spacecraft attempts closest-ever approach to the sun
“No human-made object has ever passed this close to a star, so Parker will truly be returning data from uncharted territory,” Nick Pinkine, mission operations manager at Johns Hopkins Applied Physics Laboratory, said in a NASA blog. Read more
Dollar edges higher as Fed rates view sets direction
The greenback has jumped more than 7% since the end of September, powered in part by growing expectations the U.S. economy will see accelerated growth under policies from President-elect Donald Trump, while sticky inflation has dampened expectations on how aggressive the Fed will be in reducing interest rates. Read more
Biden delivers on threat to veto bill to expand judiciary
The JUDGES Act, initially supported by many members of both parties, would have increased the number of trial court judges in 25 federal district courts in 13 states including California, Florida and Texas, in six waves every two years through 2035. Read more
Wall Street ends higher as Santa rally begins
All the so-called Magnificent Seven megacap technology stocks climbed today, led by the 7.4% jump in Tesla shares. Read more
American Airlines resumes flights after brief grounding
A vendor technology issue briefly affected its ability to get planes in the air, the carrier said, without identifying the provider. Read more
Baldwin manslaughter case dropped by New Mexico prosecutor
Special Prosecutor Kari Morrissey withdrew that appeal, according to a statement from the First Judicial District Attorney’s office. Read more
Starbucks strike to expand to over 300 stores today
Starbucks Workers United, representing employees at 525 stores nationwide, said more than 60 U.S. stores across 12 major cities, including New York, Los Angeles, Boston and Seattle, were shut on Monday. Read more
Honda, Nissan aim to merge by 2026 in historic pivot
The tie-up would create the world’s third-largest auto group by vehicle sales after Toyota and Volkswagen. Read more
Former President Bill Clinton hospitalized with fever
It is not an emergency situation, NBC News reported. Read more
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