Central Banks
October Core CPI Stays at 0.3% as Markets Reprice December Fed Move
Overall CPI rose 0.4%. Reuters reported that market bets on a 50-basis-point December increase came close to 15%.
Global economy
Politics
IRGC Navy Reports Three Tanker Fires in Hormuz as Nearby Incidents Emerge
UKMTO reported a tanker strike off Oman, while ADNOC said one of its vessels was damaged in UAE waters. The Associated Press said it had no independent confirmation of Iran’s account.
More to read
- Aspen’s AI Firefighting Drone Trial Nears Wildfire Debut, but Results Remain Unproven
- U.S. Treasury Three-Year Note Yield Falls to 4.627% at Auction
- Duke Energy Florida Projects $1 Billion in Savings From Four Solar Sites
- Net Health Adds Ambient AI Draft Notes to WoundExpert Software
- IRGC Navy Reports Three Tanker Fires in Hormuz as Nearby Incidents Emerge
Environment
Aspen’s AI Firefighting Drone Trial Nears Wildfire Debut, but Results Remain Unproven
Aspen Public Radio reported that private donors would fund the five-aircraft system, which is designed to reach remote fire starts quickly.
Read the storyWorld, business & science
Politics
Cross River IPAC Plans Project Review, Election Conference and Peace Walk
The council’s schedule covers 18 local government areas, with a conference set for Nov. 30 and a peace walk on Dec. 5.
Business
Duke Energy Florida Projects $1 Billion in Savings From Four Solar Sites
The centers would add 300 megawatts by mid-2028. The announcement did not specify construction budgets or explain potential rate effects.
Science
NASA, German Aerospace Center and Canadian Space Agency Plan Lunar Crop Test
The proposed facility would study crop growth and resource exchanges in a simulated habitat. The partners will decide by 2032 whether and how to build it.
Policy & central banks
Business
India Probes Pernod Ricard, Diageo Over Scotch Whisky Import Tariffs
Indian tax authorities have launched an investigation into global liquor giants Pernod Ricard and Diageo over allegations that certain bulk Scotch whisky imports were incorrectly classified to benefit from reduced tariff…
Central Banks
Barkin Says Demand Risks Still Warrant Caution at the Fed
Barkin had backed gradual rate changes without setting a timetable. Reuters reported he was waiting for more inflation and jobs data before taking a position on the December decision.
Law
Malaysia’s Najib Begins House Arrest Under Order Setting 2028 Prison Return
CNA reported he reached his Kuala Lumpur residence on Nov. 10 as the order took effect; it covers his reduced SRC International sentence.
Technology
Technology
Net Health Adds Ambient AI Draft Notes to WoundExpert Software
Clinicians review and sign generated entries; Net Health also plans tools for chart summaries and documentation audits.
Business
Nvidia Board Retains Wachtell Lipton for Jensen Huang Inquiry
CNBC said the review will examine possible compromise of Nvidia secrets or national security. The board said Sunday it had no reason then to believe either had been compromised.
Technology
Grayscale Research Chief Says AI Compute Derivatives Remain Immature
Arthur Hayes has proposed an hourly benchmark measuring the Flop token (FLOP) against computing capacity for cash-settled derivatives.
Markets & finance
Economy
U.S. Treasury Three-Year Note Yield Falls to 4.627% at Auction
The bid-to-cover ratio eased to 2.53 from 2.62 at the prior October sale, while the yield finished slightly above its pre-auction benchmark.
Business
Dangote Cement Pauses Proposed London Listing and Share Offering
The board cited market conditions and strategic priorities but gave no detail on the factors behind the decision or a date for reconsideration.
Business
RedotPay Completes Audits as Stablecoin Firm Advances U.S. IPO Plans
Hong Kong-based stablecoin payments company RedotPay has completed a financial audit as it moves forward with preparations for a potential U.S. initial public offering. RedotPay said Monday that it also finished a separa…
Health & society
Health
Low Disease Activity Rates Rise in Ianalumab Groups Through Week 108
Mean ESSDAI reductions deepened in both monthly-treatment groups in the NEPTUNUS extension, according to results presented at a rheumatology meeting.
Health
England Analysis Finds 3.5-Fold Premature Mortality Gap by Work Status
Men and women in the most deprived areas had rates 2.3 times those in the least deprived areas, the Health Foundation said.
Technology
AuxoAI Joins Google Cloud’s Gemini for Healthcare Launch
Google Cloud made the platform available in preview Nov. 10. AuxoAI outlined potential uses for insurers and health care providers.
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