Core Points - Thanksgiving is a federal holiday in the United States, celebrated on the fourth Thursday of November, with November 27 being the date in 2025 [3] - Various services, including mail delivery and banking, will be closed on Thanksgiving, with exceptions for certain express services [4][6][7][8] Service Availability - The United States Postal Service (USPS) will not deliver mail on Thanksgiving, except for Priority Mail Express [4] - UPS and FedEx will also be closed, with only UPS Express Critical and FedEx Custom Critical services available [6] - Banks will be closed, but ATMs and online banking will remain accessible [7] Retail and Grocery Store Operations - Many grocery stores and retailers will be open on Thanksgiving, with varying hours [12] - Notable stores that will be open include Whole Foods, Sprouts, Kroger, Meijer, and Walmart, among others [12] - Some pharmacies, like Walgreens, will have 24-hour locations open, while CVS will operate with limited hours [11][12]

Group 1 - The article presents a comparative analysis between AT&T and Verizon, highlighting a preference for AT&T stock based on specific charts [1] - Sensor Unlimited, an economist with a PhD, has been covering the mortgage market, commercial market, and banking industry for the past decade [1] - The investing group Envision Early Retirement, led by Sensor Unlimited, offers solutions for generating high income and growth through dynamic asset allocation [1] Group 2 - The investing group features two model portfolios: one for short-term survival and another for aggressive long-term growth [1] - Members have direct access to discuss ideas via chat, receive monthly updates on holdings, and engage in tax discussions and ticker critiques [1]

Group 1 - Eurozone focus shifts to October credit growth data, with September non-financial corporate loans showing a year-on-year growth rate of 2.1%, indicating a slowdown in recent growth and a diminishing impact on economic activity [1] - China's industrial profits for October decreased by 5.5% year-on-year, reversing from a strong 21.6% increase in September, attributed to weak domestic demand and export pressures from US tariffs [3] - The UK autumn budget proposal includes a tax rate increase to the highest level since World War II, with a fiscal space of £22 billion, exceeding market expectations of £15 billion, and a lower-than-expected short-term fiscal tightening [4] Group 2 - Norway's Q3 GDP grew by 0.1% quarter-on-quarter, slightly below the expected 0.2%, with mixed data showing steady growth in private consumption and domestic exports, while residential investment remained flat and domestic investment declined [4][5] - The US stock market saw its fourth consecutive day of gains, with the S&P 500 index rising by 0.7% and the European Stoxx 600 index increasing by 1.1%, indicating a broad-based rally across sectors [5] - The dollar weakened slightly against a basket of currencies, with the euro reaching the 1.16 mark against the dollar, driven by expectations of a Federal Reserve rate cut [6]

Core Viewpoint - Italian lawmakers are determined to assert that the central bank's $300 billion in gold reserves are state property, despite significant concerns regarding the implications of this claim [1] Group 1 - The central bank's gold reserves are valued at $300 billion, which is a substantial asset for the state [1] - Lawmakers are moving forward with their claim, indicating a strong political will to redefine ownership of these reserves [1] - There is widespread concern about the potential consequences of this claim, suggesting that it may lead to financial instability or legal challenges [1]

Odile Renaud-Basso, president of the European Bank for Reconstruction and Development, discusses Ukraine's agreement with the International Monetary Fund for a new financing agreement, anti-corruption efforts and progress on a financial package to allow Ukraine's Naftogaz buy gas for the winter. She speaks on Bloomberg Television. ...

Hong Kong's insurance sector is expected to face record claims of HK$2.6 billion (US$334 million) related to the deadly fire in Tai Po, the worst in seven decades that claimed 55 lives and seriously damaged seven buildings, according to industry insiders. The fire would lead to a surge in insurance payments for personal and property coverage in the coming year, they said. The Insurance Authority on Thursday set up a special task force led by senior executives to ensure all insurance companies sped up the ...

"Tokenised real-world assets, whether real estate, bonds or other financial instruments, present an existing evolution in capital markets, but they don’t exist in a regulatory vacuum. What’s happening is that KYC/AML frameworks are now being adapted (as opposed to being rewritten) to account for this new form of ownership."Patrick Murphy of Eightcap provides clarity on the current regulatory approach, emphasizing adaptation over radical rewriting:The first challenge to be addressed is the pervasive belief t ...

Core Insights - Employers in the UAE are preparing for significant changes in workforce management as 2026 approaches, focusing on compensation strategies that align with economic growth, digital transformation, and talent retention [2][3] - The Korn Ferry UAE Salary Forecast 2026 indicates a shift from reactive pay adjustments to strategic workforce planning, emphasizing long-term capability building alongside competitive compensation [3][21] Economic Context - The UAE economy grew by approximately 4% in 2025 and is expected to accelerate to 4.5% in 2026, driven mainly by non-oil sectors such as finance, technology, and professional services [10] - Workforce growth in the UAE has risen by 9%, with new business formations increasing by 14%, indicating a vibrant economic landscape [10] Salary Trends - Average salary increases across the UAE are projected at 4.1% for 2026, slightly below Saudi Arabia's forecasted 4.6% increase [4][22] - Specialist roles in engineering, technology, logistics, finance, and accounting are expected to see the strongest demand, driven by sector diversification and digital transformation [6][23] Sector-Specific Insights - Industries anticipated to deliver the most robust salary growth in 2026 include banking, real estate, oil and gas, industrial, and retail, influenced by major investment pipelines and evolving operating models [20][24] - In the banking sector, compensation for heads of wholesale banking ranges from Dhs110,000 to 240,000 per month, with senior relationship managers earning between Dhs50,000 and 70,000 [12][13] Workforce Dynamics - High turnover rates are observed in specialist roles, particularly in sales, finance, accounting, and engineering, as employees seek new opportunities in a competitive market [7][8] - Companies are increasingly focused on building the right capabilities for the future, requiring sophisticated approaches to talent retention and development [8][21] Employee Sentiment - While 52% of workers report satisfaction with their current pay, nearly two-thirds are considering job changes in 2026, indicating a shift in employee priorities towards work-life balance and career growth opportunities [11]

Core Insights - Protests are erupting across India primarily in response to new labor law reforms aimed at making it easier for companies to lay off workers, indicating significant unrest regarding employment security [1][3] - The proposed reforms represent a major shift in India's labor market, potentially the largest seen in recent history, aimed at liberalizing archaic regulations and enhancing economic productivity [3] - The reforms include not only easier layoffs but also easier hiring processes, which could lead to increased productivity and a stronger labor market [4] Economic Context - The Reserve Bank of India (RBI) is set to meet to discuss interest rates, but current low inflation allows the RBI to focus more on growth rather than immediate policy changes [2] - The Indian rupee has depreciated approximately 4% this year, influenced by high inflation premiums, contrasting with other Asian economies experiencing deflation [4][5] - Comparisons between India and China highlight differing economic conditions, with India's inflationary pressures potentially affecting long-term currency stability [5][6]

Core Viewpoint - The article emphasizes the importance of advancing financial legal construction on the rule of law track to promote high-quality financial development in China, highlighting the need for a correct political direction and practical reforms [1][2]. Financial Legal Construction Challenges - Financial legal construction must focus on six key dimensions: maintaining a correct political direction, prioritizing the people, aiming for a strong financial nation, modernizing governance systems, deepening structural reforms, and ensuring financial stability [2][3]. - Historical practices have led to the establishment of a basic legal framework for financial operations, with significant laws enacted since 1995, including the People's Bank of China Law and the Securities Law [2][3]. Historical Experience in Financial Legal Construction - Four major experiences have shaped China's financial legal construction: 1. Legislative processes have accompanied financial reforms, ensuring laws support and regulate these changes [3]. 2. Financial operational rules have been codified into law, reflecting national conditions and international practices [3]. 3. The legal framework protects the rights of various financial entities while embodying the essence of a socialist market economy [3]. 4. A systemic view of financial work has been established, balancing central and local responsibilities [3]. Future Directions for Financial Legal Construction - The upcoming "15th Five-Year Plan" will address new challenges, including external pressures and the need for financial stability amid economic adjustments [4][5]. - Seven key focus areas for financial legal construction have been identified, including foundational financial laws, central bank legal systems, and financial stability laws, with significant legislative efforts underway [5][6]. Key Areas for Legal System Development - The construction of financial regulatory legal systems must adapt to the current regulatory framework involving multiple financial authorities, necessitating updates to various financial laws [6]. - Enhancing foreign financial legal frameworks is crucial for balancing development and security, as well as participating in international rule-making [6]. - Building enforcement capabilities and a skilled legal workforce is essential for effective financial law implementation [7].