Deep Dive
Why did the U.S. federal appeals court uphold the ban on TikTok?
The court ruled that Congress can take action to protect U.S. interests, upholding a federal law requiring TikTok to shut down its operations due to its Chinese ownership.
What are the potential options for TikTok to continue operating in the U.S.?
TikTok can either sell off the app or rely on intervention by incoming President Donald Trump, though it's unclear what Trump could do to block the ban.
How did the U.S. labor market perform in November?
The U.S. added 227,000 jobs in November, a bounce back from the impacts of hurricanes and the Boeing strike in October.
What is the expected impact of the November jobs report on the Federal Reserve's interest rate decision?
The Fed is likely to cut rates again, as the jobs report was fully expected and there were no significant distortionary effects from October.
What factors could influence the stock market's performance in 2025?
Factors include AI excitement, deregulation under a Trump administration, tax cuts, and the strong U.S. economy attracting international investors.
Are current stock valuations a concern for long-term market performance?
Historically, high valuations have not been linked to next year's returns, but they could indicate a bubble that may pop in the future.
What was the reaction of the U.S. markets to the November jobs report?
The S&P 500 and Nasdaq rallied to set new records, rising 0.25% and 0.8% respectively, while the Dow fell 0.25%.
Why did Romania cancel its presidential election?
The election was canceled due to allegations of Russian influence, with intelligence reports suggesting a pro-Russian candidate was helped by an internet scheme from Moscow.
- 227,000 jobs added in November
- Stronger than expected job growth
- Fed likely to cut rates again
- Uncertainty about immigration's impact on future job growth
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