The US Supreme Court is currently deliberating on the legality of President Donald Trump's tariffs policy, which hinges on a 1977 law that the administration claims grants the authority to impose these tariffs. This case is significant as it could set a precedent for future trade policies and the extent of executive power in economic matters.

Starbucks workers are planning a strike on Red Cup Day in over 25 cities, highlighting ongoing tensions between the company and its unionized employees. This event is significant as it underscores the growing movement for better working conditions and fair treatment in the service industry, drawing attention to the challenges faced by workers in a major corporation.

Wall Street is gearing up for another year of increased bonuses, according to a new report from Johnson Associates. This marks the second consecutive year of growth, driven by market volatility and mergers and acquisitions. Chris Connors, a principal at Johnson Associates, discussed the findings on Bloomberg Open Interest, highlighting the positive outlook for financial professionals. This news is significant as it reflects the resilience of the financial sector and could boost morale among employees, potentially leading to increased spending and investment.

In a recent discussion with Bloomberg's Dani Burger, Katrina Dudley, Senior Investment Strategist at Franklin Templeton, addressed the current pullback in stock markets. She highlighted that while there are concerns over valuations, the focus should remain on earnings expectations. This perspective is crucial as it helps investors navigate market fluctuations and understand the underlying factors driving stock performance.

Turkish Airlines is raising concerns about engine manufacturers exploiting the current surge in aircraft demand and limited engine supplies to inflate prices. Chairman Ahmet Bolat discussed these issues in an interview with Bloomberg, highlighting the challenges the airline faces in negotiations for its latest engine order. This situation is significant as it could impact the airline's operational costs and future expansion plans.

In October, US services activity surged to its highest level in eight months, with the Institute for Supply Management reporting a notable increase in their services index. This growth is significant as it indicates a robust recovery in the services sector, which is crucial for the overall economy. The rise in the prices-paid index to a three-year high also suggests that demand is strong, potentially leading to inflationary pressures. This positive trend is worth watching as it could influence economic policies and consumer confidence moving forward.

MNTN is making waves in the television industry with its innovative use of AI, as CEO Mark Douglas recently discussed on Bloomberg. Despite a dip in stock prices post-earnings, Douglas highlighted the company's strong margins and record growth, emphasizing their leadership in AI-driven performance TV. The introduction of QuickFrame Creative A.I. allows brands to produce high-quality video ads quickly, showcasing MNTN's commitment to enhancing creativity rather than replacing jobs. This development is significant as it positions MNTN at the forefront of a rapidly evolving market.

Wall Street bonuses are on the rise again, with a report from Johnson Associates indicating that equity traders could see increases of up to 25%. This surge is attributed to market volatility and a resurgence in dealmaking, which is boosting profits across the board. Investment bankers and asset managers are also expected to enjoy significant payouts, while wealth managers may see double-digit increases. This trend is important as it reflects the overall health of the financial sector and can influence economic activity.