Top Story
Fed holds rates at 3.75%-4% as Warsh flags inflation risk
Two FOMC members dissented in favor of a quarter-point hike, and markets still expect an increase at the December 8-9 meeting.
Commodities
Silver falls to $53.81, a whisker from its low for the year
Down 24% in 2026, the metal is caught between a hawkish Fed, rising oil and shrinking solar demand, though UBS still sees $70...
Big Tech Stocks
Broadcom seen as the biggest winner from Anthropic’s IPO
D.A. Davidson upgraded AVGO to buy and raised its target to USD 400, and the stock gained more than 3% on Wall Street.
Stocks
Hedge funds post worst week since 2024 as Goldman flags $65 billion CTA overhang
Systematic funds lost 2% in a week in which the S&P 500 slipped less than half a point, as money rotated out of the AI...
AI & Tech
Big Tech Stocks
Broadcom seen as the biggest winner from Anthropic’s IPO
D.A. Davidson upgraded AVGO to buy and raised its target to USD 400, and the stock gained more than 3% on Wall Street.
Big Tech Stocks
Nvidia to invest $3 billion in Meta share sale
The chipmaker is buying into a customer that aims to raise as much as $97.5 billion for artificial intelligence, in a deal that has split Wall...
Big Tech Stocks
Microsoft offers voluntary buyouts to 60,000 staff as AI costs climb
The offer covers 27% of the group’s 223,000 employees, in the UK, the US, Canada and India.
Economy & World
Fed & Central Banks
Fed holds rates at 3.75%-4% as Warsh flags inflation risk
Two FOMC members dissented in favor of a quarter-point hike, and markets still expect an increase at the December 8-9 meeting.
Economy & World
Italy’s lowest declared income, EUR 7,959, is on the Swiss border
Ministry of Economy figures for 2024 put Milan above EUR 40,000 and Calabria at EUR 18,474, but the bottom of the table is filled with...
Energy Geopolitics
In Italy, diesel now costs more than gasoline in 5,101 of Italy’s 5,118 municipalities
A tax realignment at home and a refining bottleneck abroad have flipped the math that made diesel Europe’s default fuel, and Italian pump...
Lifestyle Money
Luxury
Kering stock sinks 14% as Gucci drags down the third quarter: Barclays maps the best and worst case
A wave of target-price cuts followed Kering’s third-quarter results, with Barclays sketching a bull case at €310 a share and a bear case at €110.
Luxury
LVMH disappoints in the third quarter: China slows again and the stock slides after a difficult 2026
Third-quarter revenue grew just 1% organically, against a luxury sector expected to run closer to 5%, as Fashion & Leather Goods — the...
Pop Economics
Britain’s least reliable cars of 2026, according to a major owner survey
The What Car? annual reliability survey has ranked the best and worst cars on British roads, and three German models and one French model sit...
Markets
Commodities
Silver falls to $53.81, a whisker from its low for the year
Down 24% in 2026, the metal is caught between a hawkish Fed, rising oil and shrinking solar demand, though UBS still sees $70 by December.
Stocks
Hedge funds post worst week since 2024 as Goldman flags $65 billion CTA overhang
Systematic funds lost 2% in a week in which the S&P 500 slipped less than half a point, as money rotated out of the AI names they own most.
IPOs & Earnings
Anthropic files for Nasdaq IPO with $80.7 billion half-year loss
The company behind Claude plans to list under the ticker ANT in the week before Thanksgiving.