The US dollar weakens as the latest Challenger job cuts data increased to a 7-month high, raising bets for a December rate cut by the Federal Reserve. The US plans to reduce 10% of flights as the government shutdown drags on. The full effect of President Trump’s global tariffs remain in limbo as the US Supreme Court shows skepticism regarding the president’s powers to impose his signature levies. Aneeka Gupta of WisdomTree takes a closer look into the US labor market.
Chapters:
00:01:22 – First Look Movers
00:02:49 – US Posts Most October Layoffs Since 2003
00:05:22 – US To Cut 10% of Flights on Shutdown
00:09:21 – Supreme Court’s Trump Tariff Skepticism
00:11:57 – Trending on the Terminal
00:13:42 – Jensen Huang Says China ‘Will Win’ AI Race with US | Financial Times
00:18:11 – Conversation with MSCI Sustainability Institute on De-Carbonization Progress
00:20:04 – Front Page News
00:22:45 – First Look Movers
00:24:03 – AI Prompts Most October Layoffs in Over 20 Years
00:27:58 – Dollar Slides as Challenger Job Cuts Increase
00:33:41 – Trending on the Terminal
00:35:58 – Sec. Bessent Optimistic About SCOTUS Arguments on Tariffs
00:39:37 – Google Plans AI Data Center on Australia’s Christmas Island | Reuters
00:42:41 – What to Watch
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