Economy news · 9 November 2026
China's wholesale inflation reaches four-year high
CNBC reports China's wholesale inflation rose to a four-year high, with consumer prices also rising.
Crude oil climbs above $91 a barrel
Trading Economics reports US crude rose 0.54% to $91.32 a barrel on 9 November, about 52% above a year earlier, with Brent near $98.
Tech stocks steady after worst session in 18 months
US stock futures edged higher on 8 November as investors weighed the AI trade, data and earnings after the Nasdaq's sharp sell-off and rebound.
Nvidia faces reported spy-related probe linked to China
CNBC reported on 8 November on an investigation involving Nvidia and China; details were not available in the sources reviewed.
Tesla to wind down Cybertruck production in Texas
CNBC reports Tesla will wind down Cybertruck production in Texas next year to ramp up the Cybercab, according to Elon Musk.