Jobless Claims Plummeted To A Three-Year Low Over Thanksgiving

Michael and Susan Dell have made a historic $6.25 billion donation to establish 'Trump Accounts,' which are investment accounts aimed at benefiting approximately 25 million American children under the age of 10. This initiative is designed to provide financial support and investment opportunities for these children, marking a significant commitment to philanthropy in the U.S.

SSP's shares surged by 11% following the announcement of its FY25 earnings and a review of European rail operations, indicating a positive market response amidst evolving trends in the travel retail dining sector.

Los Angeles is set to begin receiving electricity next month from the world's largest green hydrogen power plant, which utilizes hydrogen produced at a facility in Utah and stored in a vast salt cavern, marking a significant step towards achieving 100% carbon-free power.

The housing market is showing signs of a potential crisis reminiscent of 2008, as many sellers may struggle to sell their homes amid a buyers' market. This situation arises from a combination of rising mortgage rates and economic uncertainty, which could lead to increased financial strain on households that previously relied on low-interest loans.

The Chicago Federal Reserve has reported that the unemployment rate for November remains steady at 4.4%, despite alternate data indicating job losses in the U.S. labor market. This stability in the unemployment rate contrasts with the concerning trend of job reductions highlighted by other reports.

Copper, gold, and silver prices have surged recently, driven by a rush into haven assets and tightening global supplies, marking one of the strongest metals rallies in years. Gold prices on the Comex market have settled higher, reflecting a positive trend in precious metals. Silver has also reached new record highs amid ongoing supply tightness.

Ritz has issued a recall for 70 cases of Ritz Peanut Butter Cracker Sandwiches that were mislabeled as the cheese variety, posing a significant risk to consumers with peanut allergies.

AI is transforming the relationship between brands and manufacturers, fostering greater data transparency and collaboration, which leads to smarter decision-making and innovative hardware solutions. This shift is highlighted in a recent Forbes article discussing the implications of AI in market dynamics.