US weekly jobless claims hover near 57-year lows - Reuters

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• GM to pay $220 million to settle allegations it violated consumers’ privacy

  The major automotive manufacturer agreed to the multi-million-dollar resolution following accusations involving improper handling of consumer data. This agreement resolves claims that the automaker failed to adequately protect and respect consumer personal information. The substantial financial penalty directly addresses the company's past data management practices.

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• Alphabet discloses $1T+ in purchase commitments, future leases, and other obligations; its Q3 filing shows $98.5B in contingent commitments, up ~$23B from Q2 (Davey Alba/Bloomberg)

  Surging appetite for cloud computing infrastructure is driving massive enterprise commitments at the tech giant. The steep quarterly escalation in contingent liabilities reflects ongoing capital and operational arrangements required to support this customer growth. In turn, expanding fulfillment queues signal prolonged commercial demand that will dictate the company's financial allocations moving forward.

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• DoorDash’s Instacart deal may draw FTC scrutiny amid cost-of-living concerns

  Federal regulators are preparing to evaluate whether this major delivery market tie-up harms consumers already struggling with elevated everyday expenses. The Federal Trade Commission could intervene if the arrangement between the two delivery platforms is found to suppress competition. Heightened regulatory attention reflects the broader governmental push to monitor corporate moves that might drive up consumer prices.

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