Penguin Solutions falls as Q3 revenue misses estimates despite earnings beat

The US Agriculture Secretary has made it clear that undocumented farmworkers shouldn’t expect leniency when it comes to deportation, shutting down any hopes of widespread protections. This stance puts a spotlight on the tension between immigration enforcement and the labor needs of the agricultural industry, which relies heavily on migrant workers.

Malaysia's trade minister is keeping a hopeful outlook on trade relations with the U.S., despite any lingering uncertainties. While he didn’t dive into specifics, the tone suggests confidence that both sides can work through challenges and maintain strong economic ties.

Copper prices in the US just hit an all-time high, and it’s no coincidence—this comes as former President Trump threatens to slap a whopping 50% tariff on imports if he returns to office. On top of that, he’s floating the idea of 200% tariffs on foreign-made drugs after a "transition period." Markets are clearly reacting to the possibility of trade wars flaring up again.

The head of the CBI (Confederation of British Industry) is sounding the alarm about companies leaving the UK and suggests a controversial fix: trimming tax perks on cash ISAs to nudge people toward stock market investments. The idea is to boost business investment, but it’s bound to ruffle feathers among savers who rely on ISAs for tax-free returns.

Oil prices dipped slightly after hitting two-week highs, as traders held back on big moves while waiting for more details on upcoming tariffs. It’s a classic "wait-and-see" market moment—investors don’t want to commit until they know how new trade policies might shake things up.