NYC Mayor-elect Mamdani arrives at White House for Trump meeting on affordability

New York City Mayor-elect Zohran Mamdani arrived at the White House to meet with President Donald Trump.
Govini founder Eric Gillespie released on $1 million bond with Pentagon probe ‘ongoing’

Govini founder Eric Gillespie, who lives in Pittsburgh, is charged with four felonies, including multiple counts of unlawful contact with a minor.
Tech stocks set for big losing week as AI names get rocked after Nvidia earnings

Investors had looked to Nvidia’s earnings report to settle fears that the AI bubble is on increasingly shaky ground.
Stocks making the biggest moves midday: Oracle, Bath & Body Works, Gap and more

These are the stocks posting the largest moves midday.
Two retail stocks to buy as the holiday shopping season kicks off next week

Loop Capital says Best Buy and Five Below will stand strong in a cloudy U.S. economy.
Paramount, Comcast, Netflix submit bids for Warner Bros. Discovery

Warner Bros. Discovery recently expanded its strategic review of its business, saying it’s open for a sale. First round bids came in this week.
Fed won’t get key inflation data before next rate decision as BLS cancels October CPI release

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House Democratic leader gets in fiery clash as he defends Obamacare subsidy extension plan

The fight over the tax credits was at the center of the 43-day shutdown, which ended last week without a clear solution on health care.
One Fed official may have saved market from another rout. Why John Williams’ remarks matter so much

With his position comes membership in the Fed’s leadership troika, a group that also includes Chair Jerome Powell and Vice Chair Philip Jefferson.
Citi takes off S&P 500 long trade after Nvidia’s failure to ‘re-ignite’ animal spirits

The bank said Nvidia did not reenergize the stock market.