U.S. employers added 64,000 jobs in November, after payrolls fell by 105,000 in October, the government reported in releases that arrived late because a 43-day federal government shutdown delayed key labor-market data. The unemployment rate rose to 4.6%, the highest since 2021, up from 4.4% in September; no October unemployment rate was published because the shutdown disrupted the household survey…
Cautious Optimism Holds as Conflict Fails to Rattle Wall Street Wall Street opened the week with little sign of alarm after a major U.S. military operation targeted three Iranian nuclear facilities over the weekend. While such an escalation might typically send shockwaves through global markets, the reaction on Monday remained remarkably subdued across equities, oil, and bond markets. The U.S.…
Paris-based music streamer Deezer will begin tagging albums that contain songs made wholly or partly with generative AI. Listeners will see a prominent “AI-Generated Content” notice and an alert explaining that some tracks were produced by song-generator tools. The move comes after the company detected a surge in artificially created uploads designed to siphon royalty payments. Executives argue the labels…
Beijing Emerges Strategically Stronger After London Talks China has walked away from the latest US trade negotiations with renewed confidence in its geopolitical leverage, particularly around critical mineral exports. The agreement, described by Washington as a deal “done,” is in fact a return to the stalled truce previously reached in May. Yet the political and economic dynamics have shifted. China…
Amazon is sending a clear signal that its driver-less ambitions are no longer an R&D side hustle. The company has opened a 220,000-square-foot factory in Hayward, California, to build Zoox robotaxis at scale, laying the groundwork for a nationwide ride-hailing network and a head-to-head fight with Alphabet’s Waymo. An Ambitious Bet On Purpose-Built Cabs Amazon bought Bay-Area startup Zoox for…
As the gangway lowers at the Port of Hong Kong, the crew swiftly secures the massive ONE Modern vessel. Dwarfed by the towering pink container ship, workers in orange jumpsuits begin the intricate process of unloading and reloading more than 700 containers in under 10 hours. This scene plays out daily as companies worldwide race to navigate the latest chapter…
Kananaskis, Alberta, has traded hikers for heads of state as the Group of Seven rolls into the Canadian Rockies. Roadblocks, drones and Mounties ring the mountain resort while host Prime Minister Mark Carney welcomes U.S. President Donald Trump, Britain’s Keir Starmer, Germany’s Friedrich Merz, Japan’s Fumio Kishida, France’s Emmanuel Macron and Italy’s Giorgia Meloni. What would normally be a photo-op…
