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San Francisco Federal Reserve President Daly: Artificial Intelligence Has Only Made A Small Direct Contribution To Inflation
The Federal Reserve’s Overnight Reverse Repurchase Agreement (RRP) Usage Was $250 Million On Thursday, Compared With $152 Million On The Previous Trading Day (November 11, When The U.S. Treasury Market Was Closed)
The Federal Reserve Bank Of New York Accepted $250 Million In Reverse Repurchase Agreements Submitted On November 12, In Full
The White House Is Reportedly Discussing Whether Howard Lutnick Should Continue Serving As U.S. Commerce Secretary
San Francisco Federal Reserve Bank President Daly: We Have A Deep Pipeline Of AI-related Projects, So We Will Continue To Move Forward Even If There Is A Slowdown
The Afghan Government Announced That The Afghan And Russian Private Sectors Have Signed 15 Memorandums Of Understanding On Economic Cooperation Worth $103 Million
The Yield On The 30-year U.S. Treasury Note Extended Its Gains After The Auction, Rising 9.64 Basis Points To 5.445%
The U.S. Treasury Auctioned $25 Billion In 30-year Treasury Notes, With A Winning Bid Rate Of 5.441% And A Bid-to-cover Ratio Of 2.36 (compared To 2.54 In The Previous Auction). The U.S. Treasury Also Auctioned Four-month Treasury Notes, With A Winning Bid Rate Of 4.225% And A Bid-to-cover Ratio Of 2.78
Ukrainian President Zelenskyy: I Discussed With European Council President Costa And European Commission President Von Der Leyen The Additional Support Agreements Reached With The EU To Help Ukraine Get Through The Winter. We Expect To Receive Energy And Humanitarian Aid Packages, As Well As Housing Assistance, Soon. We Also Coordinated Our Positions On Launching The Final Two Negotiation Clusters And The Follow-up Steps For Ukraine's Accession To The EU
U.S. Officials Say The U.S. Central Command Has Informed Israel To Prepare For A Possible Return To A State Of War
Fitch Ratings: US Consumer Spending Strengthens Amid Affordability Pressures; Market Downside Is The Main Risk
U.S. Treasury Secretary Bessant: Washington Has Long Viewed The Decline Of U.S. Industry As Inevitable. President Trump Recognized That It Was A Result Of Policy Choices And Therefore Reversible. Following Trump's Trade Policy Reset And The Implementation Of His Historic Tax Cuts, The Industry Regained Momentum, Demonstrating That The Right Policies Can Reverse Decades Of Industrial Decline. The Industry Has Expanded For Ten Consecutive Months, Adding 101,000 Jobs So Far This Year. Output Rose Again In September, And Job Openings Climbed To 584,000, The Highest Level On Record Before The COVID-19 Pandemic

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[Gamestop Reports Narrowed Losses And Bitcoin Gains In Q2] Gamestop Reported A Net Loss Of $18.5 Million For The Quarter Ending August 2, An Improvement From A $44.8 Million Profit In The Prior Three Months. The Company's Revenue For The Quarter Was $673.9 Million. Gamestop Purchased 4,710 Bitcoin For $500 Million, Which Were Valued At $528.6 Million At Quarter-end, Resulting In An Unrealized Gain Of $28.6 Million. The Company Ended The Quarter With $6.1 Billion In Cash And Equivalents, Excluding Digital Assets. Operating Losses Narrowed To $9.2 Million From $10.8 Million Previously.

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