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Danone U.S. recalled its So Delicious "Dairy Free Salted Caramel Cluster Non-Dairy Frozen Dessert" pints because they might contain small stones. This recall only applies to this specific flavor, and Danone has fixed the problem and is working to remove the affected products from stores.
Key Facts
Danone U.S. recalled pints of a specific So Delicious frozen dessert flavor due to possible contamination with small stones.
The recall concerns all pints sold nationwide with a best-by date before August 8, 2027.
The affected product has the SKU: 136603 and UPC: 744473476138.
The issue affects only the Salted Caramel Cluster flavor, and no other products are involved.
Danone identified and corrected the production issue causing the problem.
Customers should not consume the product and can contact So Delicious for a refund.
Danone plans to restock shelves with the corrected product version soon.
More details are available from the FDA or directly from Danone U.S.
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Elon Musk, a well-known tech billionaire, is now supporting the Republican party's campaigns for the 2026 midterm elections. This marks a shift in his relationship with President Trump, after they had a past disagreement. Musk's financial contributions may assist Republicans in their effort to maintain power in Congress.
Key Facts
Elon Musk is donating to the GOP's House and Senate campaigns for the 2026 midterms.
This shows improvement in Musk's relationship with President Trump after previous tensions.
Musk had once threatened to create a third party to challenge Republican candidates.
Musk was a major donor in the 2024 campaign, giving over $291 million mainly to assist Trump's reelection.
Musk's donation amounts for the 2026 midterms will be known after campaign finance reports are released.
Musk recently met with U.S. political figures including Vice President Vance, indicating renewed political engagement.
In the past, Musk had joined the Trump administration to oversee cost-cutting but left due to disagreements.
Current sources suggest Musk is now a significant traditional donor to the Republican party.
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The United States added 64,000 jobs in November but lost 105,000 jobs in October, resulting in an increase in the unemployment rate to 4.6%. The delays in job reports were due to a government shutdown, and job losses were largely seen in the federal workforce after cutbacks. Companies are cautious in hiring due to economic uncertainties, including tariffs and technology changes.
Key Facts
The U.S. gained 64,000 jobs in November and lost 105,000 in October.
The unemployment rate rose to 4.6%, the highest since 2021.
A 43-day government shutdown delayed the release of job reports for September, October, and November.
Federal worker job losses were largely due to departures at the end of the fiscal year and changes in the payroll system.
The Federal Reserve cut interest rates by a quarter percentage point due to concerns about the job market.
Companies are hesitant to hire new workers due to uncertainties about tariffs and the impact of artificial intelligence.
Economic reports have been incomplete because of reporting delays.
Some Fed officials disagreed on the decision to cut interest rates amid ongoing inflation concerns.
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The latest U.S. jobs report shows a downturn in the labor market with significant job losses in October and weak job gains in November. This data release was delayed because of a 43-day government shutdown. The report also shows the unemployment rate increased between September and November.
Key Facts
The jobs report was delayed due to a 43-day government shutdown.
The economy lost 105,000 jobs in October.
In November, only 64,000 jobs were added, falling short of forecasts.
Revisions showed 33,000 fewer jobs created in August and September than previously reported.
The unemployment rate increased from 4.4% in September to 4.6% in November.
No unemployment rate was calculated for October due to data collection issues from the shutdown.
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The National Association of Realtors (NAR) predicts a 14 percent increase in home sales in 2026, due to lower mortgage rates and more homes for sale. While some experts are doubtful about such a large rise, they do anticipate some improvement in the housing market. Factors like lower home prices and better affordability are expected to help the market grow.
Key Facts
The NAR predicts a 14 percent rise in home sales in 2026 due to lower mortgage rates and more available homes.
Experts are unsure if sales will increase as much as the NAR's estimate but expect some growth.
U.S. housing affordability challenges have slowed market activity this year.
Housing experts expect market conditions to improve slightly next year due to slower home price growth.
The NAR's prediction assumes mortgage rates will drop to 6 percent, potentially attracting 5.5 million more buyers.
Some experts are skeptical because past predictions by the NAR have not always been accurate.
Redfin and Realtor.com forecast smaller increases in home sales compared to the NAR's projections.
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The UK's unemployment rate rose to 5.1% for the three months leading to October. This is a slight increase from the 5% rate recorded in the previous three months.
Key Facts
The UK unemployment rate increased to 5.1% for the three months ending in October.
This represents a rise from the 5% rate reported for the three months ending in September.
The number of employees on company payrolls decreased by 0.5% over the year leading to October 2025.
The Office for National Statistics (ONS) reported these figures.
The ONS described the labor market as "subdued," meaning it was not very active or growing.
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The article discusses concerns about a proposed merger between Nexstar Media Group and TEGNA, Inc., which would create a company controlling a large number of local TV stations across the U.S. Critics worry this would lead to reduced local news diversity and increased uniformity in coverage, affecting how local communities receive news.
Key Facts
Nexstar Media Group plans to buy TEGNA, Inc., creating a single company controlling 265 TV stations.
These stations would reach over 80% of American households.
The proposed merger exceeds limits set by Congress on national control of local media.
Critics argue the merger would reduce diversity in local news coverage.
The Federal Communications Commission (FCC) needs to approve the merger.
President Donald Trump has temporarily paused the merger for further review.
The merger is said to violate the audience reach cap established during the Reagan administration.
Local news is valued for being less influenced by national media personalities.
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Nissan has started making the new electric Leaf car at its plant in Sunderland, UK. This marks the first high-volume car production in the UK since 2020, with Nissan investing over £450 million in the project.
Key Facts
Nissan is manufacturing the new Leaf electric car in Sunderland, UK.
Sunderland's plant is the largest car factory in the UK, employing 6,000 workers.
The project represents an investment exceeding £450 million by Nissan.
The new Leaf can travel up to 375 miles (604 kilometers) on a single charge.
It is eligible for a £3,750 government discount under the electric car grant.
The Leaf is the first high-volume car production in the UK since 2020.
Additional funding of £50 million has been allocated to the North East's automotive sector.
Conservative leader Kemi Badenoch suggested her party might abandon plans to ban new petrol and diesel cars by 2030 if they win the next election.
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Debt levels in the U.S. increased across nearly all states in 2025, with Maryland recording the highest growth. This increase in debt is largely attributed to economic challenges and the end of pandemic-related financial assistance programs.
Key Facts
In 49 states, average total debt grew in 2025, with only Missouri seeing a slight decrease.
Maryland experienced the largest debt increase at 10.3%, driven by mortgage and personal loan debts.
Mississippi saw a 13.1% rise in mortgage debt, while Washington had a 9% increase in credit card debt.
Wyoming had the largest increase in student loan debt, rising by 9.5%.
Economic challenges, high-interest rates, and a tough job market are contributing to rising debt levels.
The end of COVID-era financial protections has led to a significant rise in student loan delinquencies.
A TransUnion report expects credit card balances to continue growing in 2026 but at a slower rate.
Cuts to healthcare programs are likely to increase medical debt in the near future.
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The Cheesecake Factory is a well-known restaurant chain that started in 1972 and has expanded to 370 locations worldwide. The company is praised for its unique dining experience and positive work environment, which it credits as key factors in its success. They have a 250-item menu, and the company emphasizes creating memorable dining experiences and maintaining high standards.
Key Facts
The Cheesecake Factory began in 1972 in Los Angeles and has grown to 370 restaurants globally.
The company also owns Grand Luxe Cafe and Fox Restaurant Concepts, including several popular dining brands.
Each of the Cheesecake Factory's 250 menu items is made fresh in the restaurant.
The restaurant is known for its unique design and a menu that offers a wide variety of choices.
The company highlights creating a welcoming and energetic environment both for guests and employees.
The Cheesecake Factory has been recognized as one of Newsweek’s "Greatest Workplaces" for its positive work culture.
Employees are described as "so cheesecake," meaning they embody warmth, high standards, and a love for hospitality.
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Fannie Mae and Freddie Mac have increased their mortgage-backed securities holdings by 31% from May to October, reaching $233.6 billion. Experts suggest this move may help lower mortgage rates and prepare the companies for a potential public stock offering, which President Donald Trump supports. The increase in holdings might also aim to address high borrowing costs that have persisted this year.
Key Facts
Fannie Mae and Freddie Mac have raised their mortgage holdings to $233.6 billion.
This increase is the highest in the past four years.
President Donald Trump supports possibly taking these companies public.
High borrowing costs remain a challenge in the U.S. housing market.
Mortgage rates are still high, with a 30-year fixed rate at 6.22% as of December 11.
The increase in holdings could make mortgage-backed securities more valuable.
Fannie Mae and Freddie Mac play a key role in buying U.S. residential mortgages.
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Ben & Jerry's is changing how its board works, leading to the removal of three board members, including the chairperson, Anuradha Mittal. The changes are part of new rules that limit board member terms to nine years. This decision comes amid ongoing arguments about the company’s social mission and independence.
Key Facts
Ben & Jerry's is removing three board members due to new governance rules, including a nine-year term limit.
The company’s co-founder, Ben Cohen, criticized the move, saying it's meant to reduce the board's independence.
The affected board members are Anuradha Mittal, Daryn Dodson, and Jennifer Henderson.
Unilever sold Ben & Jerry's to The Magnum Ice Cream Company, which increased the world's largest standalone ice cream maker.
A major dispute with its parent company revolves around Ben & Jerry's social activism and independence.
Ben & Jerry's refused to sell its products in Israeli-occupied areas in 2021, leading to further tensions with Unilever.
Jerry Greenfield, another co-founder, left the company recently, adding to the ongoing disagreements over its direction.
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Thousands of drivers in England were wrongly fined for speeding due to a malfunction in speed cameras. National Highways found that a delay between speed cameras and variable speed signs caused the error, affecting around 2,650 cases since 2021. The relevant authorities are working to fix the issue and refund affected drivers.
Key Facts
A fault in speed cameras wrongly triggered about 2,650 fines since 2021.
The issue occurred due to a 10-second delay between the cameras and variable speed signs.
National Highways is responsible for England's motorways and identified this problem.
Affected drivers will be contacted by police to have fines reversed and penalty points removed.
Not every camera activation led to a fine, even if wrongly triggered.
The problem affected 10% of England's motorways and major A roads.
Police have paused issuing fines from these cameras until accuracy is confirmed.
A fix for the camera issue has been identified and steps are being taken to prevent future errors.
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Ford announced it will reduce its focus on making large electric vehicles due to lower demand and changes in regulations. Instead, the company plans to invest in hybrid and gas-powered vehicles, resulting in an expected profit loss of $19.5 billion. This decision follows the easing of fuel economy rules under President Donald Trump.
Key Facts
Ford will scale back its plans for large electric vehicles.
The company expects a $19.5 billion financial impact from this change.
Demand for large EVs has been lower than expected, leading to the shift.
President Trump’s administration has rolled back some fuel economy rules.
Ford plans to increase investment in hybrid, gas-powered, and smaller electric vehicles.
The F-150 Lightening will be redesigned as a hybrid vehicle.
A new electric van model from Ford has been canceled.
General Motors also announced a scale-back of its electric vehicle plans, taking a $1.6 billion loss.
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The UK and South Korea have completed a trade deal expected to boost the UK economy and job market. Most goods and services will continue to be traded without tariffs, similar to the existing arrangements that the UK had with South Korea after Brexit. This agreement protects UK exports from future tariff increases and aims to strengthen economic ties.
Key Facts
The trade deal between the UK and South Korea will keep 98% of trade tariff-free.
UK industries like pharmaceuticals, car manufacturing, alcohol, and financial services stand to benefit.
This is the fourth trade deal for the current UK Labour government, following agreements with the EU, US, and India.
The new agreement extends trade terms that were set to expire in January 2026.
The trade deal is expected to protect £2 billion of UK exports.
South Korea is currently the UK's 25th largest trading partner, making up 0.8% of the UK’s total trade.
UK exports to South Korea and South Korean exports to the UK both fell by over 10% in a recent 12-month period.
Prime Minister Keir Starmer and UK Trade Minister Chris Bryant praised the deal for its economic benefits.
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Korea Zinc plans to build a $7.4 billion minerals refinery in the United States, with significant financial backing from the US government. This move is part of the US strategy to lessen its dependence on China for crucial minerals. The refinery will produce various metals, with operations expected to begin in 2029.
Key Facts
Korea Zinc is the world's largest zinc smelter.
The US government will help fund Korea Zinc's $7.4 billion project in the US.
Korea Zinc will sell $1.9 billion of new shares to a joint venture partly controlled by the US government.
The US Department of Defense will own 40% of this joint venture.
Korea Zinc will also receive $4.7 billion in loans and $210 million in subsidies from the US.
The project includes buying mining complexes and a US zinc smelter in Tennessee.
The new smelter is expected to produce 540,000 tonnes of metals annually.
Full operations at the site are projected to start in 2029.
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The 30% rule suggests people should not spend more than 30% of their income on rent. With rising housing costs, this guideline is becoming harder for many to follow. Experts say the rule still helps some but may not be practical for everyone, especially in high-cost cities.
Key Facts
The 30% rule dates back to the late 19th or early 20th century, once suggesting a week’s wages for a month's rent.
In the 1960s, the U.S. government adopted a 25% income guideline for housing assistance, later raised to 30% to save funds.
Today, housing vouchers and public housing schemes use the 30% income rule for rent payments.
In 2023, a Harvard study showed two-thirds of working-age renters were cost-burdened.
Experts say the 30% rule works for people with modest incomes but not as well for the very poor or very wealthy.
In high-cost cities like New York and San Francisco, sticking to the 30% rule is challenging.
Young people and new graduates may struggle with this rule due to job opportunities in expensive areas.
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Several companies are taking legal steps to ensure they receive refunds if the Supreme Court overturns President Trump's tariffs. There is uncertainty about how refunds would be processed if the tariffs are ruled invalid. The tariffs have greatly impacted businesses that adapted to the higher costs.
Key Facts
Companies like Costco and Ray-Ban's maker are suing to secure tariff refunds if the Supreme Court nullifies Trump's tariffs.
These lawsuits mark a shift as larger companies join a legal battle previously led by small businesses.
The U.S. Court of International Trade is handling these cases.
There's concern that government liquidation deadlines might affect the ability to issue refunds.
Customs and Border Protection has accelerated the process of sending tariff funds to the Treasury.
Lawyers estimate about $130 billion in tariffs have been collected, affecting roughly 301,000 importers.
The Trump administration cites potential refund chaos as a reason to keep tariffs.
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Elon Musk is now the first person to be worth $600 billion, largely due to SpaceX's increased value. His main competitors in wealth are Larry Page and Jeff Bezos, with Musk far ahead of both. Musk's wealth could make him the first trillionaire if current trends continue.
Key Facts
Elon Musk's net worth reached $600 billion.
SpaceX's value increased from $400 billion to $800 billion, boosting Musk's wealth.
Musk is closer to being a trillionaire than his closest competitor, Larry Page, who is worth $252.6 billion.
Jeff Bezos ranks third with a net worth of $235.7 billion.
SpaceX accounts for $336 billion of Musk's total wealth.
Tesla also contributes $197 billion to Musk's net worth.
Musk achieved multiple financial milestones from $100 billion in 2020 to over $600 billion in 2023.
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Rishi Sunak, the former UK prime minister and chancellor during the COVID-19 pandemic, told an inquiry there was no predefined plan to handle the economic impacts of the pandemic. He mentioned the government aimed to prevent widespread unemployment and implemented policies like the furlough scheme quickly, accepting they might not be perfect.
Key Facts
Rishi Sunak was the UK chancellor during the COVID-19 pandemic.
He stated there was no "toolkit" or established plan to address the economic crisis caused by the pandemic.
Sunak emphasized the urgency of the government's response to prevent mass unemployment.
He acknowledged job losses were unavoidable but noted that mass unemployment was prevented.
Sunak mentioned the furlough scheme, launched in March 2020, helped support workers' incomes.
He participated in a public inquiry on the economic response to the pandemic, providing evidence.
Sunak held his second appearance in front of the inquiry, with the first being in December 2023.
Policies like "Eat Out to Help Out" were aimed at supporting businesses after lockdowns.
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