The job market continues to sputter even as cost and price pressures persist, a Federal Reserve report found, underscoring the competing risks central bank officials will have to weigh next month

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 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.

Asian stocks rose as they followed Wall Street's upward trend, driven by increasing expectations for interest rate cuts by the Federal Reserve. This rally reflects a broader recovery in global equities, with Bitcoin trading above $90,000 after recent volatility.

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.

Kevin Hassett, a prominent economic adviser to President Trump, has reportedly emerged as the leading candidate to become the next chair of the Federal Reserve, a position that has significant implications for U.S. monetary policy. This development comes amid ongoing scrutiny of the Fed's current leadership and its policies.

Campbell's has terminated executive Martin Bally following the release of a leaked recording in which he made disparaging remarks about Indian co-workers and labeled the company's products as 'highly processed food' for 'poor people.' The comments have drawn significant backlash and led to an internal investigation.