For Friday, November 13th, 2026
>>Wall Street Closing With Stocks Lower
(New York, NY) -- Wall Street closed with stocks lower Thursday. Nvidia's shares have been trading down following the resignation of Jensen Huang. It comes after it was revealed he had multiple affairs, including with an alleged Chinese spy and a company executive. Competitors of Nvidia like Advanced Micro Devices and Broadcom have been seeing a boost. At the closing bell, the Dow Jones Industrial Average dropped 189 points to 52-297. The S&P 500 lost 26 points to 75-92. The Nasdaq fell 100 points to 25-366.
>>Huang Summoned To Testify Before Congress
(Washington, DC) -- Former Nvidia CEO Jensen Huang has been summoned to testify before Congress. The GOP chairs of several House committees sent Huang letters Thursday demanding he agree by Friday evening to provide closed-door testimony. Huang resigned from Nvidia after it was revealed he had multiple affairs, including with an alleged Chinese spy and a company executive. The FBI is already looking into Huang's relationship with the alleged Chinese spy, who is said to be involved with companies that shipped seven-point-five billion dollars' worth of chips to China. Meanwhile, Commerce Secretary Howard Lutnick has also agreed to testify regarding the matter.
>>Feds Freeze Billions In Stolen Crypto After North Korean Hack
(Washington, DC) -- U.S. authorities are freezing billions in stolen cryptocurrency after the recent North Korean cyberattack. A North Korean hacking group has been blamed for last month's attack on the Binance crypto exchange that stole over six-billion-dollars worth of digital assets. On Thursday, the Justice Department said nearly half of those assets have been frozen, and federal officials have obtained court authorization to seize over a billion dollars worth of those assets as part of their investigation. Binance is the world's largest cryptocurrency exchange, and says it has completely covered the assets affected by the hack.
>>U.S. Jobless Claims Increase While Labor Market Remains Stable
(Washington, DC) -- More Americans are applying for unemployment. According to the Labor Department, claims for benefits increased to 200-thousand during the week ending November 7th. That's about nine-thousand more than the previous week. Economists expect layoffs to remain low through the end of the year. The amount of people receiving unemployment benefits after one week of assistance has dropped by 20-thousand.
>>Federal Reserve Chair Discloses Wife's Investments
(Washington, DC) -- Federal Reserve Chair Kevin Warsh's wife's investments are raising questions. His filings with the Office of Government Ethics show six equity and warrant purchases valued between four-hundred-thousand-dollars and nine-hundred-thousand-dollars in the pet care investment fund TAW Ventures, a company founded by his wife. Senior central bank officials have not been allowed to purchase stocks since ethics rules were updated in 2022. A federal spokesperson says his wife, Jane Lauder, made the transactions. OGE officials approved the transactions.
>>USPS Announces Price Hike Due To Rising Fuel Costs
(Washington, DC) -- The post office is raising its prices because of the cost of fuel. The U.S. Postal Service announced Thursday that it will permanently raise postage rates next year to cover the rising price of diesel. The USPS put a temporary eight-percent surcharge on select postage prices back in April, and says the price hike will become permanent next year along with a three-percent increase. The change will take effect on January 17th.
