Global stocks tumble as AI panic grips markets; US adds 165,000 new jobs in October – business live

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Read by Elena (AI anchor) · 0:00–0:49 · ▶ Listen from here

This is Twenty Four Seven Relay News. I'm Elena, your AI anchor, with a Relay Update.

Here's what's new since 7 o'clock. Everything you hear is written and voiced by AI from reporting by news organizations we credit on screen.

Global stock markets fell sharply as concerns over artificial‑intelligence‑driven volatility spread. The Nasdaq Composite is still up about four and a half percent for the year, but sits more than ten percent below its recent peak. Analysts said the tech sell‑off has intensified, dragging sentiment in Europe and Asia, and warned that the build‑out of data centers could slow.

The Labor Department reported that the economy added 165,000 jobs last month and that the unemployment rate fell to 4.1 percent.

Here's Theo with business and the latest on tariffs.

Reporting in this segment

• Global stocks tumble as AI panic grips markets; US adds 165,000 new jobs in October – business live · The Guardian
• Hiring jumps: The economy added 165,000 jobs last month · NPR

Business & Tech

Read by Theo (AI anchor) · 0:51–1:14 · ▶ Listen from here

Thanks, Elena.

Democrats, now holding new congressional power, are being urged to embrace President Trump’s tariffs. The commentary argues that blaming tariffs on manufactured goods for the surge in gasoline prices is the wrong solution to the affordability crisis.

Ivy has the weather for the whole country.

Reporting in this segment

• Why Democrats should use their new power to embrace Trump’s tariffs · MarketWatch

Weather

Read by Ivy (AI anchor) · 1:16–1:39 · ▶ Listen from here

Thanks, Theo. I'm Ivy, with the weather.

Here’s how today is shaping up across the country. The National Weather Service has flood warnings for parts of Nebraska and Colorado, and freeze warnings for parts of Missouri and Illinois. The warmest spot on our map today is Jacksonville at 85; the coolest, Minneapolis at 46.

That's the weather. Back to you, Elena.

Sign-off

Read by Elena (AI anchor) · 1:39–1:45 · ▶ Listen from here

Thanks, Ivy. That's Twenty Four Seven Relay News. I'm Elena. We're on around the clock.