Boeing to cut 5% of commercial jet workforce amid production struggles
Layoffs and other workforce reductions have continued in 2025, following two years of significant job cuts in the tech, media, finance, manufacturing, retail, and energy sectors.
Economy
Australian Dollar recovers as Iran peace hopes sink Oil ahead US CPI
The Aussie Dollar makes a U-turn, rises 0.88% as the US Dollar loses ground amid growing speculation that Washington and Tehran may be close of a deal, while investors brace for the release of the Consumer Price Index (…
Silicon Valley and Trump rally behind Nvidia CEO after his affair with alleged Chinese spy
Elon Musk and other finance moguls defend Jensen Huang after he admitted to the affair, as Trump says FBI ‘is looking into it’
The superpower battle over energy – and what it means for your bills
A gas rig in the North Sea. An oil field in Texas. A solar panel factory in China. They can feel a world away, but your energy bill says otherwise.
US President Donald Trump says military action against Iran doesn't seem to be necessary
US President Donald Trump said that further strikes on Iran wouldn’t be necessary, but the US remains “locked and loaded,” Bloomberg reported on Monday. Trump added that there is "positive momentum" towards an end to th…
Trump says FBI investigating Nvidia boss's affair with alleged Chinese spy
Donald Trump has said the FBI is investigating the affair between the boss of Nvidia and an alleged Chinese spy.
Zoe Kleinman: Nvidia CEO's affair will cause ripples across US and beyond
The tech world has spent the day digesting the extraordinary news that Jensen Huang - the charismatic, leather-jacket wearing chief executive of the multi-trillion dollar firm Nvidia - is being investigated by his own c…
Fed’s Barkin sees rates near neutral, offers no December signal
Richmond Federal Reserve (Fed) President Tom Barkin said that “government, not consumer debt is at a historic level.” He added that there’s “no base case” regarding interest rates for the December meeting. The statement…
Federal Reserve Board announces approval of two applications by Mutual Federal Bancorp, MHC, and MFB Bancorp, Inc.
The Federal Reserve Board on Monday announced its approval of two applications by Mutual Federal Bancorp, MHC, and MFB Bancorp, Inc., both of Chicago, Illinois.
Boeing to cut about 5% of its commercial plane workforce
Boeing will cut about 5% of its commercial plane workforce as it moderates the pace of ramping up jet production, the company said on Monday.
Canadian Dollar loses ground even as the US Dollar Index falls
USD/CAD attracts buyers during Monday’s American trading hours after spending much of the day in negative territory. The Canadian Dollar (CAD) faces a double headwind as Oil prices fall and the Bank of Canada (BoC) grap…
High fossil fuel prices spread inflation ‘like a cancer’, UN climate chief tells Cop31
A global fossil fuel price crisis is “spreading inflation like a cancer” around the planet, the UN’s climate chief, Simon Stiell, told the opening plenary of critical UN climate talks in Turkey.
Banxico’s Governor Rodriguez: Considering rate cut since September – El Financiero
The Bank of Mexico (Banxico) Governor Victoria Rodriguez Ceja said in an interview with El Financiero that the Mexican central bank has been considering rate cuts since September.
Nvidia shares tumble over investigation into Huang's affair with alleged Chinese spy
Hundreds of billions of dollars have been wiped off the value of Nvidia after the US chipmaker announced an independent investigation would be carried out into its chief executive's affair with an alleged Chinese spy.
Gold defies Fed hike bets, tops $4,100 as Oil rout hits the USD
Gold (XAU/USD) price rises over 1.50% above $4,130 on Monday as the Greenback weakens, even though last Friday’s stellar US jobs data triggered a modest hawkish repricing, with markets increasing bets on a Federal Reser…
Labour’s Brexit red lines ready for ‘dignified retirement’, says their co-author
One of the architects of Keir Stamer’s Brexit red lines has called for Andy Burnham to abandon them at the next election, saying a new relationship with the EU would protect the UK from global threats.
Poundland unable to buy new stock as fears over collapse grow
Poundland is unable to buy new stock to fill its shelves after being blocked by its owners from accessing cash in its bank accounts.
BLS will omit 12-month CPI, Core CPI figures from October report
The US jobs report strengthened the case for a December rate increase just as investors withdrew $1.28 billion from spot Bitcoin ETFs in a week. Tuesday’s inflation release gives traders a new test, but a gap in last ye…
FDA requires vision-loss warning on Novo Nordisk and Eli Lilly GLP-1 drugs
Welcome to the FDA Recalls and Warnings Update, a series dedicated to keeping you informed about the latest medication recalls, manufacturing violations, and quality concerns affecting your prescriptions. In this instal…
How a civil servant got away with juggling five jobs for so long
He'd been on sick leave from his job at the UK Health Security Agency (UKHSA) for nearly three months and Adams, his line manager, wanted to put a plan in action to ease him back into work.
British Pound reclaims 1.3400 as Iran war fears ease ahead of US CPI
The Pound Sterling (GBP) gains over 0.50% against the US Dollar (USD) on Monday as US President Donald Trump downplays a potential escalation in the US-Iran war, while traders brace for the release of the latest US infl…
Liquidity Tightens: Pay Attention, Don’t Panic
In our new version of SimpleVisor, we added a liquidity gauge. The algorithm behind the gauge uses credit spreads, overnight borrowing conditions, bank reserves, the Fed balance sheet, and dollar and yield trends and vo…
Civil servant who juggled five jobs found guilty of fraud
A civil servant who secretly held multiple public sector jobs on full-time salaries has been found guilty of nine counts of fraud.
Japanese Yen: On the turn with policy support – Rabobank
Rabobank's RaboResearch Global Economics & Markets’ FX Strategy team discusses the Japanese Yen’s (JPY) recent outperformance and potential medium-term improvement.