The Tesla Cybertruck is finally ready to hit the road, boasting a degree of unconventionality that's both its selling point and its Achilles' heel.
Why it matters: The Cybertruck is the first brand-new Tesla model in three years — and it's the company's first-ever crack at the lucrative American pickup market.
Investment giant Charlie Munger, known as second-in-command to Warren Buffett at Berkshire Hathaway, has died. He was 99.
The big picture: Berkshire Hathaway, where Munger was vice chairman, said in a statement that "he peacefully died this morning at a California hospital."
Two top Federal Reserve officials have intriguing speeches out Tuesday morning. One expresses optimism about how the economy is evolving while the other is much more cautious.
Driving the news: Fed governor Christopher Waller is feeling good about growth, made apparent by the title of his talk Tuesday morning: "Something Appears to Be Giving."
Millions of Americans are doing casual work while not counting as employed for the purposes of the government's official statistics, based on new research that sheds light on the true prevalence of informal gig work.
Why it matters: If more Americans are open to working than is implied by traditional economic data, the job market may be less tight than it seems — with more people open to opportunities for higher-paying, more stable work.
Your boss would probably rather you didn't know this, but workers have a lot of leverage right now.
Why it matters: From highly paid AI engineers to teachers, delivery drivers and autoworkers, employees are getting what they want — thanks in part to a very tight labor market.
It's Giving Tuesday. For most of us, that means it's the day when an astonishing number of charities send us emails asking for money. But the mission of Giving Tuesday, the organization, is much bigger than that.
Why it matters: Not all of us have spare cash to give — but all of us can be a bit more generous.
Sunday was the busiest day in history for U.S. airports.
The big picture: The Transportation Security Administration screened just over 2.9 million passengers at the end of the holiday weekend, marking an agency record.
The majority of Cyber Monday sales will wind down late Monday night, but some retailers will continue to offer deals Tuesday and beyond.
Why it matters: The highly competitive holiday shopping season can be make-or-break for retailers and inflation-weary consumers are searching for bargains and discounts.
It was to be expected that the outburst of inflation during the last three years would trigger a wave of second-guessing the decisions of major central banks. After all, it is their job to keep inflation under control.
Now it's the Bank of England's turn, with a small dose of irony.
Driving the news: In a new report out Monday morning, the Economic Affairs Committee of the U.K. House of Lords criticized Britain's central bank for a lack of intellectual diversity and inadequate oversight, even as its responsibilities have widened.
A pandemic-era question is still stumping economists: How much more can the supply side of the economy improve?
Why it matters: The answer has huge implications for America's lingering inflation problem. If there are further improvements in store for supply chains, that would offer a notable disinflationary tailwind — and less pain for the U.S. economy.
It's that time of year on Wall Street when economists and analysts do their best to try to game out what lies in store next year.
Why it matters: The ritual publications of Wall Street forecasts provide a snapshot of widely held views on what to expect. These predictions don't necessarily turn out to be accurate — so they might better be described as a barometer of the current vibes.
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