Campbell’s Fires Executive Behind Recording That Disparaged Its Food

Spot gold prices have edged higher amid rising expectations for a Federal Reserve interest rate cut, following dovish comments from policymakers, as reported by ANZ. This upward movement reflects a growing sentiment among investors seeking safe-haven assets in uncertain economic conditions.

Campbell's has terminated an executive following a leaked recording in which he criticized the company's ingredients and disparaged customers as 'poor.' This incident has raised concerns about the company's reputation and the health implications of its products.

The stock market experienced positive momentum on November 26, 2025, with the S&P 500 rising by 0.7% and the Nasdaq Composite also gaining, largely driven by a significant surge in Robinhood's stock. This marks the third consecutive day of market gains, reflecting a rebound from previous declines earlier in the month.

The WSJ Dollar Index fell by 0.21% to 97.02, marking the second consecutive loss for the dollar. This decline reflects ongoing volatility in the currency markets, as traders react to various economic indicators and sentiments.

U.S. stock indexes continued their upward trend for the fourth consecutive session, buoyed by optimism surrounding potential interest rate cuts and renewed interest in technology stocks, particularly in the AI sector. The Nasdaq composite rose by 0.8%, while the S&P 500 increased by 0.7%.

U.S. Treasury yields remained mixed as markets approach the holiday season, with traders increasingly betting on a potential interest rate cut by the Federal Reserve in December. This sentiment reflects a cautious optimism among investors amid ongoing economic uncertainties.

Campbell's has terminated executive Martin Bally following the emergence of a leaked recording in which he disparaged customers by labeling them as 'poor' and criticized 'bioengineered meat.' The comments, made by a now-former employee, have sparked significant outrage and prompted an investigation into the company's practices.

The Federal Reserve's latest report indicates a struggling job market and moderate inflation as of November, highlighting the challenges faced by central bank officials in their upcoming decisions. This report reflects ongoing economic pressures that complicate the Fed's dual mandate of managing inflation and unemployment.