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November 29, 2025

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Silver missed the Black Friday sale memo, rising to a new all-time high of US$56.86 per ounce.

The white metal’s price rise came after CME Group (NASDAQ:CME) halted trading on the Comex on Friday (November 28), citing a ‘cooling issue’ at a CyrusOne data center located in a Chicago suburb.

‘On November 27, our CHI1 facility experienced a chiller plant failure affecting multiple cooling units,’ a CyrusOne spokesperson explained to CNBC in an email. “Our engineering teams, along with specialized mechanical contractors, are on-site working to restore full cooling capacity. We have successfully restarted several chillers at limited capacity and have deployed temporary cooling equipment to supplement our permanent systems.”

A CME Group X post shows that by 5:46 a.m. PST, all markets were open and trading.

According to Reuters, the outage is one of the longest in years for CME Group.

Some traders are taking the disruption as a reminder of the market’s strong reliance on systems that don’t always run perfectly. However, others have pointed out that thinner activity in the US due to Thursday’s (November 27) Thanksgiving holiday likely helped minimize the impact of the stoppage.

‘If there was to be a glitch day, today’s probably a good day to have it,’ Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey, told the news outlet.

Silver price chart, November 27 to 28, 2025.

While silver is known for lagging behind gold before outperforming, it’s now ahead of its sister metal in terms of percentage gains — silver is up about 84 percent year-to-date, while gold has risen around 58 percent.

Gold was also on the move on Friday, breaking back above US$4,200 per ounce for the first time since mid-November, but it remains below its all-time high of nearly US$4,400, set in October.

Silver’s breakout this year has been driven by various factors.

As a precious metal, it’s influenced by many of the same factors as gold, but its October price jump, which took it past the US$50 level, was also driven by a lack of liquidity in the London market.

While that issue appears to have resolved, a new situation has recently emerged — Bloomberg reported on Tuesday (November 25) that Chinese silver stockpiles are now at their lowest level in a decade after huge shipments to London.

Tariff concerns and silver’s new status as a critical mineral in the US have also provided support in 2025.

The white metal’s industrial side also shouldn’t be forgotten — according to the Silver Institute, industrial demand for silver reached a record 680.5 million ounces in 2024, driven by usage in grid infrastructure, vehicle electrification and photovoltaics. Total silver demand was down 3 percent year-on-year in 2024, but still exceeded supply for the fourth year in a row, resulting in a deficit of 148.9 million ounces for the year.

Watch five experts share their thoughts on the outlook for silver.

Time will tell what’s next for silver, but some experts see it continuing to outperform gold in 2026.

‘The sure money is made in the gold sector, but the big money is made in the silver sector — that’s proven true over the last couple of precious metals cycles. I believe it will be true in this one as well,’ said Jay Martin of VRIC Media.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

The Trump administration announced a sweeping federal civil-rights agreement Friday with Northwestern University, requiring the school to pay $75 million and protect students and staff from any ‘race-based admissions practices’ and a ‘hostile educational environment directed toward Jewish students.’

The Department of Justice (DOJ), Department of Education (DOE) and Department of Health and Human Services (HHS) said in a statement the agreement was intended to safeguard Northwestern from unlawful discrimination’ and calls for the university to ‘maintain clear policies and procedures relating to demonstrations, protests, displays, and other expressive activities,’ as well as the implementation of mandatory antisemitism training.

‘Today’s settlement marks another victory in the Trump Administration’s fight to ensure that American educational institutions protect Jewish students and put merit first,’ Attorney General Pamela Bondi said in a statement. ‘Institutions that accept federal funds are obligated to follow civil rights law — we are grateful to Northwestern for negotiating this historic deal.’

Northwestern will pay its $75 million to the United States through 2028.

The new agreement comes after the Trump administration previously secured a $221 million settlement with Columbia University to resolve multiple federal civil rights investigations. That deal includes a $200 million payment over three years for alleged discriminatory practices and $21 million to settle claims of antisemitic employment discrimination against Jewish faculty after the Oct. 7, 2023, Hamas attacks in Israel. 

DOE Secretary Linda McMahon called the Northwestern agreement ‘a huge win for current and future Northwestern students, alumni, faculty, and for the future of American higher education.’

‘The deal cements policy changes that will protect students and other members of the campus from harassment and discrimination, and it recommits the school to merit-based hiring and admissions,’ she said in a statement. ‘The reforms reflect bold leadership at Northwestern and they are a roadmap for institutional leaders around the country that will help rebuild public trust in our colleges and universities.’

Northwestern directed Fox News Digital to a statement made by university president Henry Bienen reacting to the agreement, saying it would restore hundreds of millions of dollars in critical research funding.

‘This is not an agreement the University enters into lightly, but one that was made based on institutional values,’ Bienen stated. ‘As an imperative to the negotiation of this agreement, we had several hard red lines we refused to cross: We would not relinquish any control over whom we hire, whom we admit as students, what our faculty teach or how our faculty teach. I would not have signed this agreement without provisions ensuring that is the case.’

Bienen added, ‘Northwestern runs Northwestern. Period.’

The university president also said the $75 million payment ‘is not an admission of guilt, but simply a condition of the agreement.’ He noted that Northwestern ‘has not been found in violation of any laws and expressly denies liability regarding all allegations in the now-closed investigations.’

In its statement announcing the agreement, DOJ said federal agencies would close their pending investigations and treat Northwestern as eligible for future grants, contracts and awards.

The Trump administration previously put a freeze on approximately $790 million from Northwestern University and over $1 billion in federal funding from Cornell University over potential civil rights investigations at both prestigious schools.

This post appeared first on FOX NEWS

Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday.

The termination follows a lawsuit filed in Michigan by former employee Robert Garza against Campbell’s, the company’s then-vice president of information technology Martin Bally and another manager.

The complaint alleges retaliation and a hostile work environment, citing a November 2024 meeting between Bally and Garza to discuss salary, according to the lawsuit.

Garza allegedly recorded the conversation, and the audio — obtained by NBC News — is more than 90 minutes long.

During the interaction, the lawsuit alleges that Bally described Campbell’s as “highly process(ed) food” and said it was for “poor people.” He also allegedly made racist remarks about Indian workers, calling them “idiots.”

‘After a review, we believe the voice on the recording is in fact Martin Bally,’ Campbell’s said Wednesday. ‘The comments were vulgar, offensive and false, and we apologize for the hurt they have caused.’

The company said it does not tolerate the language used in the audio recording and the behavior “does not reflect” its values.

Campbell’s said it learned of the litigation and first heard segments of the audio on Nov. 20.

Bally’s termination was effective Tuesday, the company said.

According to the lawsuit, Garza told his manager, J.D. Aupperle — who is also named as a defendant, about Bally’s behavior in January 2025 and wanted to report the comments to the human resources department. He was not encouraged to report the comments, the lawsuit claims, and was then ‘abruptly terminated from employment’ later that month.

‘This situation has been very hard on Robert,’ Garza’s attorney, Zachary Runyan, said in a statement to NBC News on Tuesday. ‘He thought Campbell’s would be thankful that he reported Martin’s behavior, but instead he was abruptly fired.’

Garza is seeking monetary damages from the company.

Bally and Aupperle did not immediately return requests for comment on Wednesday.

Campbell’s said it is ‘proud of the food we make’ and ‘the comments heard on the recording about our food are not only inaccurate — they are patently absurd.’

This post appeared first on NBC NEWS