For: November 19, 2025
>>Stocks Open Lower
(New York, NY) -- Wall Street is opening with stocks higher. It comes as A-I related stocks such as Nvidia, Palantir, and Microsoft continue feeling pressure. Worries are also mounting that the Federal Reserve won't cut interest rates in December.
>>FOMC Minutes Due To Be Released
(Undated) -- The Federal Reserve's October meeting minutes are due to be released today. The release comes as President Trump claims he's being held back from firing Federal Reserve Chair Jerome Powell. The president has repeatedly criticized Powell over the Fed's handling of interest rates and told reporters "I'd love to get the guy currently in there out right now, but people are holding me back." Powell's term as Fed chair ends in May and Trump is expected to announce a nominee before the end of the year.
>>Musk, Bezos Attend WH Crown Prince Dinner
(Washington, DC) -- Tech industry billionaires Elon Musk and Jeff Bezos were among the guests spotted at President Trump's dinner in honor of Saudi Crown Prince Mohammed bin Salman at the White House Tuesday. Trump addressed the crowd, saying Saudi Arabia would be designated as a major non-NATO ally, while also praising the investments of MBS. The meeting came after Trump announced he plans to move forward with a weapons deal that would allow the kingdom to purchase F-35 stealth fighter jets from the U.S.
>>Meta Wins Antitrust Case
(Washington, DC) -- Meta has won its antitrust case against the Federal Trade Commission, which argued the company held a monopoly on social networking. In an opinion Tuesday, federal Judge James Boasberg said the FTC failed to prove its case, originally started five years ago after Meta acquired Instagram and WhatsApp. The FTC said it was disappointed in the decision and criticized the judge, who faces a GOP-led impeachment effort over his role in investigating the Trump administration.
>>NY Judge Approves Purdue Pharma's Bankruptcy
(New York, NY) -- A New York judge is approving Purdue Pharma's bankruptcy, which will release billions of dollars for opioid plaintiffs across the nation. New York's Attorney General announced the news Tuesday after Bankruptcy Judge Sean Lane confirmed the plan in a bench ruling. Letitia James secured approval on behalf of 55 states and U.S. territories. She said it's a significant step in finalizing the seven-point-four-billion-dollar settlement with Purdue and its owners, the Sackler family. James said Purdue was at the center of the nation's opioid crisis, fueling addiction and deadly overdoses with deceptive marketing.
>>New Roblox Age Verification Requirement
(San Mateo, CA) -- Changes are coming to the accessibility of the online gaming platform Roblox. Under a new requirement, Roblox users who want to chat will soon have to verify their age by providing a government ID or by letting an artificial intelligence age estimation tool photograph their face. The move comes as the platform faces lawsuits claiming it has enabled sexual predators to connect with children after reports of abuse and in some cases even kidnappings by adults they met on Roblox. Roblox said the updated policy will make it easier to prevent young users from connecting with adult strangers as all users will be required to verify their age before accessing chat features.
