New York Fed President John Williams said another interest-rate cut “in the near term” could be warranted

Hedge fund billionaire Bill Ackman is reportedly preparing for a double public offering of his firm, Pershing Square Capital Management, as early as the first quarter of 2026, according to The Wall Street Journal. This strategic move is expected to enhance the firm's visibility and attract new investors.

This year's Thanksgiving feast is expected to be more affordable for consumers, with lower prices for turkey, stuffing, and cranberries, although sweet potato prices have surged significantly.

The owner of the U.K.'s Daily Mail is nearing a $655 million deal to acquire its rival, the Daily Telegraph, marking a significant shift in the British media landscape. This acquisition process has been controversial, reflecting the competitive nature of right-wing media in the U.K.

The PG rating has emerged as the dominant force at the box office, reflecting a significant shift in Hollywood's focus towards family-friendly content. This trend indicates that the entertainment industry is increasingly reliant on children to attract their parents to theaters, highlighting a strategic pivot in film production and marketing.

Tyson Foods, the largest meat supplier in the U.S., is set to close one of its major beef-processing plants after incurring losses exceeding $425 million this year, despite near record-high beef prices. This decision reflects ongoing challenges within the meat processing industry.

The WSJ Dollar Index rose by 0.92% this week, reaching a value of 97.53. This increase comes after a previous decline of 0.1%, which ended a four-day winning streak for the index. The fluctuations in the index reflect ongoing volatility in the currency markets.

The Score is a weekly review highlighting significant stock movements and the news influencing them. This week, notable stocks include Nvidia, Constellation, Eli Lilly, and Gap, with Nvidia's performance particularly impacting market sentiment.

New York Fed President John Williams indicated that there is potential for lowering interest rates in the near term as the labor market shows signs of softening. Following his remarks, investor expectations for a rate cut during the Fed's December 9-10 policy meeting increased significantly, with odds rising to approximately 60-70% from 35%. Ed Al-Hussainy and Deborah Cunningham discussed the implications of these developments on Bloomberg's 'Real Yield'.