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Delayed US employment reports expected to show softening labor market
Nonfarm payrolls are forecast increasing 50,000 in NovemberEmployment is expected to have declined in October due to federal government job lossesUnemployment rate is estimated to come in at 4.4% in NovemberThere will be no jobless rate for October because the government shutdown prevented the colleReuters
Tue, Dec 16
CME livestock contracts dip amid broader agricultural sell-off
Chicago Mercantile Exchange (CME) livestock contracts dipped on Monday, as investors shrugged off strength in wholesale beef prices and the cash cattle markets amid a broad sell-off in agricultural futures, traders said.Reuters
Tue, Dec 16
US dangles security guarantees for Ukraine but no deal on 'painful' territorial concessions
Trump says 'closer now than we've ever been' to a deal to end Russia's warZelenskiy, US envoys, European leaders meeting in BerlinUkraine willing to drop NATO membership bid for security guaranteesUS says Ukraine could get guarantees similar to NATO's Article 5But significant dif...Reuters
Tue, Dec 16
US demands EU exempt its gas from methane emissions law, document shows
US seeks exemption from EU methane emissions law until 2035EU has been increasing US LNG imports to replace Russian supplyEU has refused to weaken world-first climate change policyBy Kate Abnett BRUSSELS, Dec 15 (Reuters) - The U.S. has demanded that the European Union exempt its oil and gas from...Reuters
Mon, Dec 15
Meta tolerates rampant ad fraud from China to safeguard billions in revenue
Team combatting fraud at Meta's Chinese ad partners dispanded after Zuckerberg inputMeta to probe foreign agencies using Chinese partners for ad fraud after Reuters report Meta's partner protections enable harmful ads to remain active longerBy Jeff Horwitz and Engen Tham SAN FRANCISCO, De...Reuters
Mon, Dec 15
Tesla Stock Jumps 1% After It Removes Safety Monitors, Begins Fully Autonomous Robotaxi Testing
According to Teslarati, Tesla has started Robotaxi testing in Austin, Texas, without any vehicle occupants, the company’s CEO Elon Musk confirmed on Sunday. Two Tesla Model Y Robotaxi units were spotted in Austin traveling on public roads with nobody in the car.Shares of Tesla rose 1% in premarket tTiger News
Mon, Dec 15
Pot stocks climb as Trump seen easing marijuana restrictions
U.S.-listed shares of cannabis companies rose premarket following reports last week that the United States could soon ease restriction on marijuanaCanopy Growth WEED.TO up 9.2%, Tilray Brands TLRY.TO up 6.7% premarket ETF AdvisorShares Pure US Cannabis MSOS.P up 4.8% Trump is expected to issue an exReuters
Mon, Dec 15
Warren Buffett's successor Greg Abel had steady rise at Berkshire
Abel more hands-on than Buffett, respects Berkshire cultureBuffett called Abel a great manager, wished long tenureAbel owns large Berkshire stake, some investors want moreBy Jonathan Stempel Dec 15 (Reuters) - The elevation of Greg Abel to replace Warren Buffett at the helm of Berkshire HathawayReuters
Mon, Dec 15
Copper miners gain as red metal prices rise on short-covering
U.S.-listed shares of copper miners rise premarket, tracking higher prices of the red metal MET/LBenchmark copper CMCU3 on London Metal Exchange up 1.4% at $11,670 a metric tonCopper prices rise as some traders rolled forward positions ahead of a contract expiry this week, helping the market to setReuters
Mon, Dec 15
Wall St futures edge higher at start of data-packed week
Futures up: Dow 0.48%, S&P 500 0.48%, Nasdaq 0.47% Dec 15 (Reuters) - U.S. stock index futures edged higher on Monday, steadying after a tech-led selloff gripped Wall Street late last week and as investors geared up for a week packed with key economic data that could determine the outlook for...Reuters
Mon, Dec 15
