United States
- Layoff announcements this year top 1.1 million, the most since 2020 when pandemic hit, Challenger says - The firm said layoff plans totaled 76,835 in November, a step down from October but still enough to bring the 2025 total up to 1.17 million.
- Inside Europe’s biggest rare earths factory on Russia's doorstep - Developed by Canada's Neo Performance Materials, Europe's largest rare earths facility sits in Estonia's border city of Narva.
- Former F.D.A. Commissioners Sound Alarm on Plan to Change Vaccine Policy - Twelve former commissioners, in a New England Journal of Medicine article, said they were “deeply concerned” by a leaked memo from the agency’s vaccine regulator.
- Trump's South Korea tariff cuts are major boost for Hyundai and GM - The Trump administration said the tariff rate for vehicles from South Korea will drop to 15% as part of a trade deal.
- How families could get stuck with higher electric bills if the AI data center boom goes bust - Investors and energy analysts question whether the AI race has turned into a bubble, one that would be costly to unravel as major infrastructure gets built.
- 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.
- Russia 'ready' for war with Europe, Putin says, as Ukraine peace talks fail to deliver breakthrough - Russian President Vladimir Putin doubled down on threats toward Europe ahead of peace talks with the U.S., saying Moscow was "ready" for war.
- European stocks set for positive open as global markets push higher - European stocks are expected to open in positive territory on Wednesday as global markets move higher.
- 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
- Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says - Shoppers said they were motivated by sales and promotions, such as limited-time offers, according to the trade group's annual survey.