world
Prediction market traders slash odds Trump tariffs survive Supreme Court ruling
On Kalshi, contracts tied to whether the court would rule in favor of Trump’s tariffs slipped to around 30% from nearly 50% before Wednesday’s hearing. Source link
Trump nuclear power investment in Westinghouse could lead to IPO with U.S. government as shareholder
Nuclear technology company Westinghouse could spin out into an independent company under a Trump administration deal to build reactors. Source link
Retailers are raising prices to meet tariffs. Amazon is hiking more than others
Prices on Amazon, Walmart and Target have all increased this year as retailers grapple with higher costs due to tariffs. Source link
Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says
Companies added 42,000 jobs for the month, following a decline of 29,000 and topping the estimate for a gain of 22,000. Source link
Supreme Court begins hearing Trump tariffs case
President Donald Trump calls the Supreme Court case on his tariffs a matter of “life or death” for the United States. Source link
Fintech Ripple gets $40 billion valuation after $500 million funding
Ripple has pushed into other lines of business including custody of crypto assets, prime brokerage and corporate treasury management. Source link
Xpeng to let other carmakers use its partly-autonomous driving system
Chinese electric car company Xpeng said German automaker Volkswagen would be the first client for its new driver-assist system. Source link
How Chinese EV makers are winning in Brazil
China automakers have turned to emerging markets like Brazil to offload their massive supply. Brands including BYD now make up over 80% of EV sales in Brazil. Source link
McDonald's earnings miss estimates, but sales are rising in 'challenging environment'
McDonald’s stock has risen just 3% this year, as investor concerns about the restaurant industry and the broader economy have weighed on shares. Source link
Chinese EV maker Xpeng to launch robotaxis, humanoid robots with self-developed AI chips
Chinese electric car company Xpeng is following in Tesla’s footsteps by moving into robotaxis and humanoid robots. Source link