News

White House Press Secretary Levitt: The United States is pressuring Mexico to take more actions.

Regarding the Mexican issue, the White House stated that all U.S. citizens in Mexico are encouraged to follow the guidelines of the U.S. Department of State.

Sources: U.S. President Donald Trump’s administration will use an artificial intelligence model created by the U.S. Department of Defense to set reference prices for key minerals in global trading blocs. For the first time, the Trump administration will set reference prices for germanium, gallium, antimony and tungsten.

Fed Goolsby: 3% inflation is 'not good enough'.

Fed Goolsby: Low hiring, low firings stem from uncertainty, and this uncertainty appears to continue with the Supreme Court's tariff ruling.

Fed Goolsby: Inflation needs to make more progress, and it would be worrying if it continues to be above target.

Fed Goolsby: Low hiring is a warning sign but driven by uncertainty.

Fed Goolsby: Consumer spending, not investment in artificial intelligence, has been the main driver of economic growth.

Fed's Goolsbee: Cutting interest rates for expected productivity gains could cause the economy to overheat.

Fed Goolsbee: Optimistic about further interest rate cuts this year, but only if inflation starts to return to target.

Hungary lowered its benchmark interest rate by 25 basis points to 6.25%.

Federal Reserve Goolsby: We cannot rely on improvements in productivity to reduce inflation, nor can we use this as a reason to lower interest rates.

Novo Nordisk (NVO.N) U.S. stocks fell about 3% before the market opened.

Eli Lilly (LLY.N) U.S. stocks fell quickly by 4% before the market opened.

Market news: Novartis Pharmaceuticals (NVS.N) will lower the selling prices of Wegovy and Ozempic in the United States starting in January 2027.

According to the Wall Street Journal: Novartis Pharmaceuticals (NVS.N) will cut the retail prices of Ozempic and Wegovy sold in the United States by 50%.

Reddit issued a statement on the fine imposed by the UK Information Commissioner's Office (ICO) saying that it intends to appeal the decision.

AMD (AMD.O) U.S. stocks' pre-market gains expanded to 15%.

Armed Forces of Ukraine: Enemy command posts, ammunition depots and logistics bases were hit. As part of a series of measures aimed at reducing Russia's offensive capabilities, Ukrainian defense forces will continue to conduct strikes against key enemy command and logistics facilities.

UK Information Commissioner's Office (ICO): Reddit fined £14.5 million for violating children's privacy.