Gold Rises Above $4,180 Per Ounce
Gold has risen to $4,183.45 per ounce, an increase of 0.57%, amid economic uncertainty and expectations of interest rate cuts.
US Inflation Remains Above Target as Fed Discusses Rate Cuts
US inflation hit 3.0% in September, above the 2% target. Fed may cut rates in December despite persistent inflation.
Rapid Advancement of AI Applications Across Sectors
MIT study finds AI could replace 11.7% of US jobs; Nvidia shares drop as Meta considers Google's AI chips amid rising industry competition.
Dubai Market Rebounds While Abu Dhabi Continues to Decline
Dubai market rose 0.1% while Abu Dhabi fell 0.3%; Air Arabia and Alek saw notable gains, showing selective investor interest.
TASI Poised for Longest Weekly Losing Streak in a Year and a Half
TASI nears its longest losing streak since May 2024, down over 3% weekly amid low liquidity and weak growth drivers.
US Markets Open for Shortened Session on Black Friday
US markets will open for a shortened session on Black Friday, closing at 1 p.m. ET; US500 index is up 12.98% year-over-year.
Bitcoin Trades Around $91,000 After Sharp Decline
Bitcoin trades at $91,309 after a sharp decline, down 6.2% YoY. Key resistance zones: $93K–$96K and $100K–$108K.
New U.S. Labor Data Shows AI Is Transforming Jobs Gradually But a Massachusetts Study Warns 11.7% of Roles Are Technically Replaceable .
AI is reshaping jobs slowly, with 11.7% of roles technically replaceable, but overall job growth expected in the U.S.
OpenAI Reveals Security Incident at Mixpanel Affecting Limited Data of API Users
OpenAI reported a Mixpanel breach exposing limited API user data; no sensitive info leaked. Users urged to watch for phishing attempts.
UK Budget 2025: Comprehensive Guide to New Taxes
UK's 2025 budget introduces £26B in tax hikes, freezing thresholds, new EV taxes, and political scandal over early leak.
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