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US job market: Layoffs spiked in October; report says highest for the month in 22 years

rThe wave of layoffs sweeping across the United States intensified in October, with more than 153,000 positions eliminated, the highest total for the month in 22 years, according to Challenger, Gray & Christmas.The consultancy, cited by CBS News, reported that employers have now disclosed almost 1.1 million job cuts since January. No year has seen…

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China’s exports drop! Weak US demand under Trump’s tariffs drag numbers; global outflows dip 1.1% in October

China’s latest trade data shows exports fell in October, following months of front-loading US-bound orders to get ahead of President Donald Trump’s tariffs, with the sharp drop in shipments to the United States. The figures highlight China’s continued reliance on American buyers even as it tries to grow other markets.Government data published on Friday show…

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Asian stocks today: Markets track Wall Street losses; HSI falls over 240 points, Kospi dips 2.4%

Asian stock markets slipped on Friday as tracking Wall Street losses, as a weak stream of US economic data and uncertainty over future interest rate moves weighed down investor confidence.Hong Kong’s HSI dipped 241 points to 26,244. Kospi reached 3,929, falling 96 points or 2.4%. Japan’s Nikkei also fell 1.7% or 905 points. Shenzhen, meanwhile,…

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Gold price prediction: What’s the outlook for November 7, 2025? Why ‘buy on dips’ makes sense

Gold futures on MCX traded near ₹1,20,880, showing signs of recovery after witnessing pressure in the previous session. (AI image) Gold price prediction today: Gold prices are showing some initial signs of recovery and investors should adopt a buy on dips strategy, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here…

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Top stocks to buy today: Stock recommendations for November 7, 2025 – check list

Top stocks to buy (AI image) Stock market recommendations:According to Bajaj Broking Research, the top stock picks for November 7, 2025 are Manappuram Finance, and Dabur India. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices extended its corrective consolidation for the third week in a row. Investors stayed on the sidelines, tracking…

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India-US trade talks: Trump says discussions ‘going good’; reiterates Russian oil claim

US President Donald Trump on Thursday (local time) said that trade talks with India are “going good” and signalled that he might visit the country next year.Addressing reporters at the White House, Trump again shifted focus to the issue of Moscow’s crude oil, stating, “They are going good, he stopped buying oil from Russia largely….

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