ECONOMY & MARKETS

U.S. household debt surpassed $19 trillion in the third quarter, with credit card balances reaching a record $1.29 trillion and delinquency rates increasing, according to recent reports.

Workers are offering kidneys, liver tissue and bone marrow to keep their homes, according to a new report.

Microsoft shares fell about 2% after Anthropic launched AI tools for spreadsheets, whiteboards and data dashboards, intensifying competition with Microsoft 365 and its Copilot assistant.

An Iran International survey found that more than 70% of respondents had reduced food spending or delayed medical treatment, while 94% said their finances worsened over the past year.

The Consumer Price Index climbed 0.4% last month, compared to the 0.3% expected by analysts. Core CPI also increased above expectations.

Anthropic's latest SEC filing reveals rapid revenue growth, multibillion-dollar computing expenses and a complex ownership structure ahead of its market debut.

Government spokesperson Fatemeh Mohajerani said the issue resulted from underlying economic problems and wartime conditions.

Seasonal factors including the end of summer driving and Daylight Saving Time also played a role in the decrease.

Waller said in London that he was "leaning toward" a rate hike even if the October reading was softer than expected and would back "more robust action" if it was higher than the forecasts.

U.S. consumer prices rose more than expected in October, sending the implied probability of a Federal Reserve rate hike to 98.8%, according to CME Group data.

Brent crude, the international benchmark, fell more than 2.5% and dropped below $90 per barrel.

The updated labeling covers Mounjaro, Zepbound, Ozempic and Wegovy.

The company says it has no reason to believe national security or confidential corporate information was compromised, while China rejected the allegations.

The nonprofit credit counseling agency reported higher unsecured debt, more personal-loan use and its busiest month for repayment-plan enrollments since 2011.

The money is flowing to a new cohort as well as to a few large names, and that group sets a pace other founders are compared with.

Existing visa pathways, paired with workforce training, could offer a way to address the immediate shortage while building the skilled-worker pipeline America will need in the years ahead.

The only outlier was Nvidia, which fell more than 4% as the company reels from CEO Jensen Huang's admitting to an extramarital and the chipmaker's board opening an independent investigation into reports that he had been targeted by a Chinese intelligence operation.

Goldman Sachs, JPMorgan and other major banks are seeking to advise workers at the Claude developer ahead of its planned public listing.

The country's Foreign Ministry negotiated with Beijing to acquire the facilities, which would become a hub for sanctioned oil trade.

"It depends on whether or not they sign a very strong agreement," Trump said in an interview.

Vermont recorded an 8.52% increase in the share of delinquent credit cards, followed by Delaware at 6.95%, Virginia at 6.78%, Utah at 6.73% and Florida at 6.62%.

Iranian Foreign Minister Abbas Araghchi urged Washington to accept Tehran's two-day plan to reopen the Strait of Hormuz in exchange for the U.S. lifting economic sanctions and its blockade.

The UK plans to continue expanding data center capacity as AI adoption grows. However, its growth minister says projects must provide local benefits and community consent.

The Department of Housing and Urban Development reported a 6.3% decline in U.S. homelessness in its 2026 point-in-time count, though nonprofit groups warned that chronic homelessness rose and important housing programs remain underfunded.

U.S. stocks attempted to recover after Thursday's sharp selloff, with the Nasdaq entering correction territory as stronger-than-expected payroll and wage data added to market uncertainty.

Managers are shrinking businesses, reducing borrowed money and, in some cases, preparing to return capital to investors.

Bids are due Nov. 19, offering investors a chance to assess the value of loans financing some of America's largest computing projects.

The PHLX Semiconductor Index dropped 12.25%, while major chipmakers, equipment suppliers and semiconductor ETFs posted double-digit losses.

Individual investors bought more than $100 million in stocks during the final 10 minutes of trading, sharply reducing their earlier net selling.