U.S. manufacturing employment fell to a preliminary 12.7 million in October 2026, while factory output remained nearly twice its 1979 level.
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Business and Economy
167 posts
Tesla’s Robotaxi Push Raises Questions About The Cybertruck’s Future
Elon Musk says Tesla will wind down Cybertruck production in Texas around mid-2027 to expand Cybercab output; the model’s future remains unclear.
UK Youth Unemployment Hits 15.6%: Are AI Skills An Entry Ticket?
ONS data puts youth unemployment at 15.6%. Job ads increasingly mention AI, but evidence does not establish AI as a main cause of the rise.
The Nasdaq Slumps As Investors Factor In Stricter AI Data Center Rules
The Nasdaq Composite fell 5.52% on Nov. 5 as investors weighed possible changes to AI data center permits, power costs and tax incentives.
How Factory Robots Became A Security Question After China’s SoftBank Move
ABB says China prohibited the acquisition of its robotics business in the country. The global deal’s status and Beijing’s reasons remain unclear.
Crédit Mutuel Arkéa Reports About €100M Theft
Crédit Mutuel Arkéa says about €100 million was stolen through a service provider. The bank says customer accounts were not used.
AMD’s 64% Data Center Quarter Meets Australia’s 18-Year Rate High And Hong Kong’s Crypto Tax Law
AMD reported $8.5 billion in data center revenue as Australia raised rates to 4.85%. Hong Kong separately passed a crypto tax reporting law.
Shares In Russian Social Media Giant VK Soar More Than 45% In Just A Few Days
VK stock rose more than 45% after the Russian company reported nine-month results, then fell 3.02% by 8 a.m. Moscow time on Nov. 3.
When Almost Everyone Farmed
Thorsten Meyer’s Nov. 3 episode traces agriculture’s shrinking share of work and the tools, chemistry and seeds behind rising output.
Top Links 1272 The Shekel Caught In Israel’s Political Impasse. The History Of Strikes. The Register Of British Slave Traders & The First Currency Of Communist China.
Adam Tooze’s Nov. 1 Chartbook post is titled “The Shekel caught in Israel’s political impasse,” but the available listing gives no details of its links or claims.