News

Federal Reserve Vice Chairman Jefferson: Artificial intelligence is affecting the way companies think about the workforce now and in the future.

The monthly rate for U.S. construction spending in August will be released in ten minutes.

U.S. lithium mining concept stocks strengthened, with Sigma Lithium rising 20.8%, Standard Lithium rising 9.3%, Chile Mining and Chemicals (SQM.N) rising 9%, Lithium America rising 9%, and Albemarle (ALB.N) rising 6.7%.

U.S. memory chip stocks rose, with Micron Technology rising by more than 5% and hitting another record high; Western Digital rose by nearly 4%, and SanDisk rose by nearly 8%.

The U.S. Supreme Court will hear the Trump administration's defense of its efforts to limit the government's authority to process asylum claims at ports of entry along the U.S.-Mexico border.

Mexican President Sheinbaum asked lawyers to investigate the instigators of the November 15 violence.

Fed Vice Chairman Jefferson: Rumors about the job market are mixed; some companies have slowed hiring or downsized, while others are adding employees and investing.

Fed Vice Chairman Thomas Jefferson: The available information appears to be consistent with a gradual cooling of both labor supply and demand.

Fed Vice Chairman Jefferson: The Fed's Beige Book released next week will provide a reference for economic views.

Fed Vice Chairman Jefferson: The current Fed policy interest rate is still somewhat restrictive.

Fed Vice Chairman Jefferson: The balance of risks has changed in recent months, and potential downside risks to employment have increased.

Fed Vice Chairman Thomas Jefferson: The upside risks to inflation may have declined and the impact of tariffs may be temporary.

Fed Vice Chairman Jefferson: It's unclear how much government data will be available before the next meeting.

Fed Vice Chairman Jefferson: As monetary policy approaches the neutral interest rate, it needs to be advanced cautiously.

Fed's Jefferson: The job market shows that supply and demand are gradually cooling.

U.S. stocks opened, with the Dow Jones Industrial Average down 96 points, the S&P 500 Index down 0.37%, and the Nasdaq Composite Index down 0.5%. Google A (GOOGL.O) rose 3.3%, and the company won Buffett's first position. Novo Nordisk (NVO.N) fell 0.7% and Eli Lilly (LLY.N) fell 2.6% after Novo Nordisk lowered the price of its weight-loss drug. Xpeng Motors (XPEV.N) fell 3.6% after the results.

Market news: Amazon Cloud Service (AWS), Microsoft cloud service platform Azure, and Google Cloud are at risk of being included in the EU Digital Act.

Former Fed Governor Warsh: If the Fed leadership stops defending its mistakes and starts correcting them, the American people will benefit from higher real income and stronger purchasing power.

European Council: Updating EU rules on suspension of visa-free travel. The updated mechanism allows for faster, more targeted action and suspension of visa-free travel against countries that abuse the visa-free system or act against EU interests.

The Ukrainian Foreign Minister stated that a Russian attack damaged a ship carrying liquefied natural gas in the Odessa region.