Economy news · 12 November 2026
Nvidia falls after hours on reports of second affair and possible removal of CEO
After US markets closed on Wednesday, the New York Times reported that Nvidia CEO Jensen Huang had a second affair, and the Wall Street Journal reported the board is preparing to oust him. Nvidia shares fell in after-hours trading; Huang has not been reported to have commented on these latest reports.
UK economy grows 0.2% in September, beating forecasts
UK monthly GDP rose 0.2% in September against expectations of no change, and the economy grew 0.7% over the third quarter. Market-news site investingLive says the data keeps a Bank of England rate hike in December on track.
Layoffs tracker lists cuts at Squarespace, Canva and Block; Disney reportedly planning more
A tech layoffs tracker lists November job cuts at Squarespace, Canva and Block, among many others in 2026. Disney is reportedly planning layoffs, but they have not been confirmed.