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Fed Signals December Rate Cut Amid Gradual Labor Weakness; Google Unveils AI Ad Updates, Social Media Giants Face Addiction Trial
Stock Market News·2025-11-07 02:38

Key TakeawaysFederal Reserve Governor Stephen Miran expects a rate cut in December, advocating for 50 basis point increments while acknowledging that most colleagues favor 25 bps steps.Google (GOOGL) has unveiled three new AI updates for its sellside advertising products—Ad Manager, AdSense, and AdMob—aimed at automating tasks and boosting monetization for publishers.Social media giants Meta (META), Alphabet (GOOGL), Snap (SNAP), and Bytedance lost their bid to avoid trial and must stand trial over youth ad ...