Economy

• November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports - The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.
• Delayed tariff impact starting to hit, could cause companies to reduce head count in 2026 - President Trump's tariffs, aimed at reshoring American jobs lost to overseas manufacturing, could end up lowering head count instead
• Euro zone inflation up a notch to 2.2% in November, flash data shows - Euro zone inflation stood at 2.2% in November, a slight rise from the previous month, flash data from data agency Eurostat showed Tuesday.
• As regime change looms at the Fed, one candidate emerges as frontrunner for chair - President Donald Trump knows who he's going to select as the next Federal Reserve chair but isn't saying yet.
• India's industrial output grew just 0.4% in October, missing estimates - India's industrial output suffered due to weak manufacturing output and mining activity, low electricity consumption.
• ACA subsidies will be extended by 1–2 yrs: Healthcare strategist - Mizuho Americas healthcare equity strategist, Jared Holz, joins Market Catalysts host Julie Hyman to discuss the future of Affordable Care Act (ACA) subsidies and why he believes they're not likely to be eliminated anytime soon. To watch mo
• How Black Friday became a retail letdown: 'To sustain the ride, they started to dilute it' - Black Friday used to be the biggest in-person shopping event of the year, but for six straight years, online sales have outpaced stores.