NFIB issues November small business index readout
The National Federation of Independent Business releases its November small business index tracking NFIB member views on the U.S. economy and firms’ prospects. The index has mostly edged lower since peaking at 102.5 in June, the highest since October 2020, reflecting cautious optimism amid ongoing trends in small business sentiment.
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National Federation of Independent Business Issues
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Stocks Slide as Crude Droops and Commodities End Lower
U.S. crude oil declined about 0.5 percent while natural gas finished over 3 percent lower. Heating oil and wholesale gasoline also dropped, while gold and silver edged up slightly.
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Moynihan Sees Strong Consumer Spending, Optimistic on Economy
Bank of America chairman Brian Moynihan says consumers are spending money at a faster rate than he has observed in 15 years of data. He expresses confidence in the current economy and the consumer sector's resilience.
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Pfizer to buy Arena Pharmaceuticals for 6.7 billion
Wall Street opened lower as tech and energy shares declined after the market posted its strongest weekly gain since February. Arena Pharmaceuticals traded around 90.08 dollars, with Pfizer announcing a 6.7 billion dollar deal to acquire the firm, signaling a major healthcare and biotech move.
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Officials address false threats at multiple Kansas City area middle schools
District spokesman says reports of shooting at Southwest Middle School were false and no safety concern existed. A Liberty Memorial Central Middle School note threat was also a hoax. Administrators and police investigated, student admitted note was false. Families urged to discuss false reports and acknowledge potential charges.
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Southwest Middle School
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