International Business Times

The air traffic control tower at LaGuardia Airport, NY

FAA Grounds Flights Nationwide After Major Air Traffic Control Failure

Passengers were ordered off planes and arriving aircraft struggled to reach gates as a rare FAA ground stop disrupted airports nationwide. Officials say there is no indication of deliberate interference.

China Quietly Mobilizes Over 100 Warships And Patrol Vessels. Is Beijing Rehearsing A Taiwan Blockade?
Ukrainian Strikes Keep Disrupting Russian Refineries. Moscow's Oil Refining Capacity Is Reportedly Down 30%.

Israeli Intelligence Chief Visits Washington At Tense Juncture In U.S.-Iran War. Oil Prices Could Increase.
Mossad Director Roman Gofman is reportedly meeting U.S. officials as tensions with Iran persist, while Israeli pressure, Gulf incidents and rising oil prices fuel concerns about escalation.
UN Nuclear Watchdog Cannot Verify Iran's Underground Nuclear Plant. 441 Kg Uranium Stockpile In Question.
The latest findings come as Trump rules out the need for a nuclear deal with Tehran, while Iranian officials reject proposals to transfer enriched uranium abroad.
Bessent Calls Out Commerce Over Megaspeed Scandal As Nvidia Faces Congressional Scrutiny
The Treasury secretary said Commerce controlled the entity-list process and criticized delays amid scrutiny of Nvidia's customer safeguards and U.S. chip export enforcement.
Homelessness Expert Questions Stats Showing Record Drop In Americans Sleeping Rough: Exclusive
HUD reported a 6.3% decline in homelessness between January 2025 and 2026 using point-in-time count data, but experts say this metric excludes many homeless children and families, including those in temporary accommodation.
U.S.-Mediated Talks Between Russia And Ukraine Produced No Breakthrough. Moscow Reportedly Made Several Demands Of Europe.
Russia and Ukraine held U.S.-mediated talks in Abu Dhabi without reaching a ceasefire but a prisoner swap was agreed, meanwhile reports emerged that Russia had made far-reaching demands of European NATO members during negotiations.

Wall Street Slides As Chip Stocks Extend Selloff. Nasdaq Takes Biggest Hit Despite Cooler Inflation.

Wall Street ended the week with another tech selloff, but gains earlier in the week helped the Nasdaq and S&P 500 snap four-week losing streaks despite inflation concerns.

Press Release

Economy in Focus

US Wholesale Inflation Hits Four-Year High At 6.5%. Fed Faces Pressure Over December Rate Hike.
U.S. wholesale prices rose 6.5% over the 12 months through October, the highest increase since 2022, adding to inflation concerns ahead of the Federal Reserve's December meeting.
The States Leading Household Debt Increases As U.S. Total Tops $19 Trillion
Hawaii households added an average of $2,216 in debt during the third quarter, compared with $648 in Mississippi, the smallest increase nationwide.
- A Fed Governor Called The Latest Inflation Data 'Borderline Disturbing.' A Half-Point Hike Is Now Firmly On The Table.
- Nearly Half Of Americans Say They've Sold Something Or Expect To Do It To Help Pay For The Holidays

Bitcoin Falls Below $70,000. Strategy Faces New Pressure After MSCI Exclusion.

Michael Saylor's company faces potential selling by index-tracking funds, with billions in additional outflows possible if other benchmark providers follow MSCI.

Contributor

Jeff Lontoc Is Challenging the Traditional Management Consulting Model

Daloy founder Jeff Lontoc explains how AI can speed up consulting while human expertise, process analysis, and business context remain essential to delivering results.

Contributor
Why Employee Benefits Need a New Operating Model
KFF's 2026 survey finds family health premiums rose 5% to $28,303, while worker contributions jumped 9% to $7,471, fueling demand for simpler benefits.
Contributor
The AI Race Is Exposing a Costly Blind Spot in Corporate IT
The AI Race Is Exposing a Costly Blind Spot in Corporate IT The race to build the infrastructure powering artificial intelligence is creating an uncomfortable contradiction for businesses. While technology companies pour billions into expanding data-centre capacity, organizations that depend on trad...