>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after another mixed close on Wall Street ahead of fresh economic data. Stocks struggled for direction as investors took a breather ahead of Friday's November payrolls report. U.S. Steel shares fell about eight percent on President-elect Trump's pledged to stop Japan's Nippon Steel from buying the company. At the closing bell, the Dow Jones Industrial Average lost 76 points to 44-705. The S&P 500 added two points to 60-49. The Nasdaq rose 77 points to 19-480.
>>What To Watch For Today
(Undated) -- Fed Chairman Jerome Powell is getting ready to deliver his last public remarks before the central bank enters what's known as a "blackout period" before the final meeting of the year kicks off on the 17th. Powell is due to speak today at the New York Times DealBook Summit as most analysts see the Fed once again cutting interest rates this month. The ADP employment report is also coming up today as is the Fed Beige Book.
>>Gallup: Majority Of Workers Looking Out For New Jobs
(Washington, DC) -- A majority of employees have an eye out for a new position, and more and more workers feel detached from their jobs. That's according to a new Gallup survey. It found that 51-percent of workers asked are looking out for or actively seeking a new position. Just 18-percent said they're "extremely" satisfied with their current job. Worker satisfaction is at a record low, and people are looking for new jobs at the highest rate since 2015.
>>Job Openings Rise In October
(Washington, DC) -- The number of job openings edged higher in October. The Labor Department says seven-point-seven million jobs were available at the end of the month which is 200-thousand more than September. Analysts say the rise shows an improving labor market. The number of job openings increased in professional and business services along with accommodation and food services. According to the Job Openings and Labor Turnover Survey - or JOLTS - report, the number of hires held steady last month while more workers quit their jobs.
>>Deliberations To Start In Trial Involving Murder Of Cash App Founder
(San Francisco, CA) -- Jurors in the trial involving the murder of Cash App founder Bob Lee are expected to get the case today. Closing arguments in the trial wrapped up Tuesday and jurors will get final instructions later today before heading into deliberations. Prosecutors say former tech exec Nima Momeni fatally stabbed Lee in 2023 over a dispute about who plied Momeni's younger sister with GHB and sexually assaulted her. Defense attorneys have claimed self-defense, saying Lee was on a multi-day drug bender and attacked Momeni with a knife before he himself was killed.
>>Mom Sues Mattel Over Wicked Doll NSFW Misprint
(New York, NY) -- Mattel is facing a lawsuit after its misprint on its "Wicked" doll packaging that mistakenly linked to a porn site. The link on the box for the Elphaba and Glinda dolls reads "Wicked-dot-com" instead of the proper URL, "Wicked Movie-dot-com." Mattel pulled the toys and issued an apology. Now, a South Carolina mom is leading a class action lawsuit. She says her young daughter used an iPhone to visit the link and was left "horrified" by the result.
>>Cargill To Lay Off Workers
(Minnetonka, MN) -- Cargill is announcing the company will lay off about eight-thousand workers. That's five-percent of its global work force. Cargill's profits fell 36-percent in the past fiscal year, leading the company to a corporate restructuring. Cargill is a Minnesota-based, family-owned company that provides food, ingredients, agriculture solutions, and industrial products. It's the largest privately owned company in the U.S.
>>John Deere Laying Off More Than 100 Workers
(East Moline, IL) -- John Deere is making more cuts. The Illinois-based farming company is laying off more than 100 workers from John Deere Waterloo Works. The layoffs will go into effect January 5th. John Deere has laid off more than 19-hundred workers at its production facilities and headquarters since May.
