Today's Top Stories - November 24, 2015  

imgres-2Danger!  Breaking News! Russian jet shot down by Turkey 'very serious': Kremlin Turkish fighter jets shoot down a Russian warplane in disputed claims that it violated Turkey's airspace. More

Beware The Bell! Futures fell 100 points ahead of GDP data … U.S. stock index futures indicated a lower open on Tuesdayahead of GDP and consumer confidence data, both of which are expected to show positive signs, which would help support the Federal Reserve's case for raising rates next month More

Europe: European markets extended losses on Tuesday after Turkish fighter jets shot down a Russian warplane near the Syrian border More

Asia: Asian equity markets closed mixed on Tuesday afternoon,following a lower finish from Wall Street overnight on the back of fluctuating oil prices More

Oil: Oil prices rose on Tuesday as tensions in the oil-rich Middle East escalated following the downing of a Russian-made fighter jet near the Syrian-Turkish border and a weaker U.S. dollar provided incentive for investors to buy more oil More

Gold: Gold recovered from near six-year lows on Tuesdayas stocks and the dollar retreated, but remained under pressure from expectations the Federal Reserve will press ahead with its first interest rate hike in nearly a decade next month More

Pfizer to Buy Allergan in $160 Billion Deal … Headquarters for the new conglomerate will be outside the U.S. in order to avoid Obama's confiscatory tax rates More

Tax Policy Blowback Begins on Pfizer-Allergan Mega-Deal More

The U.S. Dollar Has Already Caused A Global Recession And Now The Fed Is Going To Make It Worse More

Hey, Big Spender! National Debt Spikes Over Half a TRILLION Dollar$ In Just Three Weeks as Obama Drives Nation Further Into Debt: With just about a year left in office, Obama is on pace to leave the next president with between $19 and $20 TRILLION in debt More

Painkiller abuse crisis hits millions of Americans Those little pain pills are causing a whole lot of hurt — particularly for white people More

Volkswagen in German tax evasion probe German public prosecutors have launched an investigation into suspected tax evasion in connection with the emissions scandal that has rocked carmaker Volkswagen, daily paper Sueddeutsche Zeitung and broadcasters NDR and WDR said in a joint report More

Volkswagen chief says diesel engine refits 'manageable' The steps needed to fix about 8.5 million Volkswagen cars in Europe fitted with illegal emissions-control software are technically and financially manageable, the German automaker's chief executive said on Monday More

El Nino's impact beyond agriculture to cost billions The El Nino weather phenomenon is known to create havoc in global food chain, but its impact is likely to go far beyond, with fish catch, energy prices and poultry supply hit as well More


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