US Government Shutdown Fuels Recession Fears; HELOC Rates Drop Amid Fed Rate Cut Expectations US shutdown hits 31 days, blocking data, disrupting airlines, costing $14B; recession risks rise. HELOC rates fall to 7.75% amid Fed rate cut expectations, supported by $34T homeowner equity. Aurrigo International's market cap jumps 40% on autonomous airport vehicle revenue growth. Reddit stock surges on Q3 beat; international users are now 55% of daily active users. Bitcoin drops over 10% in October; BNB Chain transactions surge 135%. Total 298 words · 2 mins readRead Details13 hours ago8
AI Drives US Economic Growth; Potential US Strike on Venezuela Impacts Oil Markets AI is driving US economic growth despite data blackout, boosting business investment. US may strike Venezuela military sites, impacting oil; new sanctions loom over Russian oil. Canada and Australia collaborate on critical minerals to diversify supply chains away from China. Alphabet, Amazon Q3 profits boosted by increased value of their stakes in Anthropic PBC. Fed's Logan, Schmid disagree with rate cut, citing high inflation on October 30, 2025. Total 717 words · 3 mins read12 More StoriesYesterday, 9:05 AM21
Goldman Sachs CEO Warns of US National Debt 'Reckoning'; US and China Reach Trade Deal US and China reach trade deal; China to buy US farm goods, cooperate on fentanyl. Goldman Sachs CEO warns US national debt at $38T needs faster economic growth. Federal Reserve to expand balance sheet in early 2026, potentially buying $35 billion monthly. WPP shares plummet 13% after lowering full-year growth forecast to -5.5% to -6.0%. US secures digital tax deals with Malaysia, Cambodia, and a preliminary agreement with Thailand. Total 780 words · 4 mins read14 More StoriesFri, 9:05 AM31
Fed Cuts Rates Amid Inflation; Market Priced for Rate Cut Fed cut rates to 2.75%-3% amid inflation, shutdown; Powell cites tariffs impacting inflation. Market fully priced for Fed rate cut, expecting 112.7 bps easing through December. Microsoft's quarterly sales up 18% to $77.7B, profit up 22%, beating expectations. Yen weakens as BOJ holds steady at 152.96 against the dollar. Mexico approves tax hikes on sodas, video games, and e-commerce sales. Total 606 words · 3 mins read10 More StoriesThu, 9:09 AM28
US Stock Indexes Hit Record Highs; Fed Anticipated to Ease Funding Pressures Nasdaq, Dow Jones, and S&P 500 hit all-time highs on strong earnings, Fed anticipation. JPMorgan expects the Fed to ease funding pressures after balance-sheet unwinding this month. Kaplan advocates for a Fed interest rate cut this month to reach the 2% inflation target. Goldman Sachs reiterates S&P 500 target of 6,800, projects 7,200 driven by earnings. Deloitte: US tariffs may increase oil and gas operating costs by up to 40% in 2026. Total 485 words · 2 mins read5 More StoriesWed, 9:07 AM11
US-China Trade Deal Boosts Markets; US Stocks Hit All-Time Highs US, China agree on trade deal framework before October 31 summit, boosting market optimism. US stocks hit all-time highs amid Fed rate cut hopes and strong tech earnings. US dollar surges to 153.12 yen amid trade talks, expected Fed rate cuts. PJT Partners CEO warns AI investments could cause major economic disruptions globally. India's 2025 IPO median returns drop to 2.9%, down from 22% in 2024. Total 661 words · 3 mins read9 More StoriesTue, 9:08 AM33
Argentina Legislative Elections Held Amid Economic Reforms; IMF Projects US Debt at 143.4% of GDP by 2030 US provides Argentina $20B swap line to stabilize currency amid economic reforms. IMF projects US debt to reach 143.4% of GDP by 2030. European tech firms report 16% EPS growth, surpassing forecasts due to AI demand. Private markets reach $22 trillion in assets, surpassing public markets in size. UK proposes mansion tax on homes over £2M to address £40B deficit. Total 575 words · 3 mins read7 More StoriesMon, 9:05 AM17
Bank of Canada Expected to Cut Rate; RBC Forecasts Fed Rate Cut Despite US Shutdown Bank of Canada is expected to cut its policy rate by 25 basis points on October 29. RBC forecasts Fed rate cut by 25 basis points in October despite US shutdown. Lesotho's denim industry faces crisis due to US tariffs and AGOA expiration. AM Best reports global trade uncertainty negatively impacts Canada's economy, reducing investment. Fluence Energy Inc. stock jumps 21.8% amid AI industry boom on October 25. Total 374 words · 2 mins read4 More StoriesOct 26, 9:05 AM15
Mortgage Rates Fall Amid Anticipation of Fed Rate Cut; Trump to Negotiate Trade Deal with Xi Jinping Trump to meet Xi Jinping in Asia to negotiate trade deal amid domestic issues. Mortgage rates fell to 6.19% on October 23, anticipating a Federal Reserve rate cut. US CPI rose 0.3% in September, increasing anticipation of further Fed rate cuts. NatWest profit surged 30%, beating estimates with £2.18 billion operating profit before tax. EquipmentShare's bond prices crashed due to fraud allegations from ex-board member Neil Chheda. Total 803 words · 4 mins read19 More StoriesOct 25, 9:05 AM34
Oil Prices Surge on US Sanctions Against Rosneft, Lukoil; Dollar Rises Amid US-China Trade Tensions US sanctions on Rosneft, Lukoil over Ukraine war sent oil prices up 5%. Dollar rises amid US-China trade tensions, awaits CPI data; index up 0.1% to 98.805. Reuters poll expects ECB to hold deposit rate at 2.00% until 2027. MarketWatch projects Robinhood revenue to grow 15.5% CAGR from 2025-2027. Indian markets reopen strong after Diwali; festive sales up 25% amid positive trade talks. Total 670 words · 3 mins read15 More StoriesOct 24, 9:05 AM47