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Apple projected to beat Samsung in smartphone shipments for first time since 201121:46 Shipments of iPhones are expected to surge 10% in 2025 as Apple reclaims smartphone leadership from Samsung, fueled by strong iPhone 17 series reception. USDA calls SNAP benefits program 'out of control,' plans major overhaul21:46 USDA plans major SNAP benefits reform to redirect nutrition funding toward healthier, American-grown foods as part of effort to reduce chronic disease. Amazon investigated by FAA after delivery drone strikes internet cable21:15 The FAA is investigating after an Amazon MK30 delivery drone struck an overhead internet cable in Waco, Texas, following a completed delivery on Nov. 18. Traders bet big on Fed rate cut as December odds soar above 80% on prediction markets20:11 Prediction markets Kalshi and Polymarket show a more than 80% probability of a 25-basis-point Federal Reserve interest rate cut at the central bank s Dec. 9-10 policy meeting. Recent college grads are losing their edge in the job market, study shows19:39 The unemployment gap between college and high school graduates has reached its lowest level in decades, according to a new report from the Cleveland Fed. Trump’s record tariff haul meets Supreme Court review as White House braces for ruling18:34 Tariff revenues hit record $34.2 billion in October as Supreme Court weighs Trump s trade authority. Stakes rise for economic agenda amid challenge. Major retailers and restaurants closing for Thanksgiving: Here’s where you can still shop or eat18:02 Major U.S. retailers and restaurants announced varied Thanksgiving Day hours, with some stores closing completely while others will operate with modified schedules. Bessent wraps up Fed chair interviews as Trump’s decision expected before Christmas17:30 Treasury Secretary Scott Bessent completes Fed chair interviews, narrowing candidates to shortlist for Trump s review. Decision expected by Christmas. Vanguard fund strips out China in emerging markets investment play16:26 Vanguard launches an exchange-traded fund to help investors access emerging markets like Brazil, India and Taiwan while avoiding China s risk and volatility. Trump admin negotiating Taiwan trade deal that would give US semiconductor boost: report15:22 President Donald Trump s administration is negotiating a Taiwan trade deal involving semiconductor investments and reduced tariffs amid regional tensions. Tariffs have surprising effect on unemployment and inflation patterns, Fed analysis reveals14:17 The San Francisco Federal Reserve warns that current tariffs are "unprecedented in magnitude" compared to 40 years of trade data, making economic predictions uncertain. HP to slash up to 6,000 jobs by 2028 in massive AI transformation push4:07 HP announced plans to cut 4,000 to 6,000 jobs by 2028 as part of an AI transformation push. Layoffs could affect up to 10% of the workforce at the PC and printer maker. Consumer confidence falls sharply as Americans worry about the economy22:48 Consumer confidence plunged in November to lowest level since April as Americans cite inflation, tariffs, and uncertainty as weighing on sentiment, according to The Conference Board. Builders cut prices and offer new home incentives as affordability gap shrinks25.listopadu The housing affordability gap narrows as new home prices become competitive with existing properties, especially in South and West where inventory increased, a new report found. Over 41,000 bottles of Walgreens nasal spray recalled over contamination risk25.listopadu The FDA recalled 41,328 bottles of Walgreens nasal spray due to possible contamination. Check your bottle for specific lots that expire in 2027. |
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