AI-related products
Global equities gain as US dollar extends drop
Global equities were higher on Monday in muted trading ahead of the U.S. Thanksgiving holiday later in the week.
Abril Elfi
High School Cancels ‘U.S.A Day’ Calling It Too ‘Politicized’
A Massachusetts high school has canceled their “U.S.A” spirit week day to avoid “politicization.”
2024
Starbucks employees at hundreds of US stores walkout on Red Cup day
Workers at hundreds of Starbucks stores have walked off their jobs during a key promotional event on Thursday.
barrels per day
Oil prices dive on US crude build and China concerns
Oil prices fell more than $3 a barrel on Thursday, extending losses from the previous session.
Biden Administration
U.S. Grants Extension On Sanctions Waiver, Allowing Billions In Funding For Iran
The United States has granted a four-month extension to a sanctions waiver, allowing Iraq to keep buying electricity from Iran and providing Iran with restricted access to the funds generated, allowing them to buy essential humanitarian goods.
Accounting
US Postal Service reports $6.5 billion net loss for 2023 fiscal year
First-class mail drops, stamp prices rise, and a restructuring plan aims to counter losses.
Analysts
US reduces beef exports as cattle herd shrinks, squeezing Tyson Foods
The United States is importing record amounts of beef this year and exporting less.
Addiction control
Weight loss drugs transforming healthcare, may help with addiction
A new class of weight loss drugs is transforming the U.S. healthcare system in ways that could extend to equally hard-to-treat areas.
Amnon Shashua
Exclusive: Geely’s Zeekr edges closer to US IPO, to make filing public this week – sources
Zeekr will this week publicly release some details of its plans to list shares in New York.
30-year fixed-rate mortgage
US 30-year mortgage rate plunges by most in nearly 16 months – MBA
The interest rate on the most common type of U.S. residential mortgage plunged last week by the most in nearly 16 months.