Economy

  • Global carmakers could lose $30 billion to Trump’s tariffs, Moody’s warns

  • Dow plunges 900 points, S&P 500 loses $1.5T as crypto sees $1.28B in liquidations

  • Crypto hub Kazakhstan buys 32 tonnes of gold this year

  • Chinese tech firms ditch US markets for Hong Kong and they’re not coming back

  • “China is lying and holding the world captive:” Trump escalates trade fight, says he won’t meet Xi

  • Scott Bessent narrows Fed chair search to 5: Bowman, Waller, Hassett, Warsh, Rieder

  • Malaysia warns U.S. chip tariff could hurt competitiveness and disrupt supply chains

  • US Treasury Secretary Scott Bessent raises $22 billion in latest 30-year bond auction

  • BLS recalls workers to release September CPI amid shutdown

  • China’s struggling housing sector is much worse than it looks

  • Global stocks hold steady, Treasury yields plunge as US shutdown drags into day 10

  • Dollar rebound squeezes hedge funds after year of short bets in FX market

  • US finalizes a $20 billion currency swap agreement with Argentina

  • Investors eye 2026 tax breaks as IRS sets new long-term capital gains brackets

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  • Starmer and Modi offer alternative to Trump’s trade war with win-win partnership

  • ECB warns of record-high economic uncertainty while keeping rate options open

  • German exports to U.S. fall to lowest level since 2021 amid Trump tariffs

  • Scott Bessent interviews Fed chair candidates on QE, bank reform, and mission creep

  • China cracks down on price wars as companies ignore calls to ease competition

  • China moves to limit rare earth and tech exports amid geopolitical tensions

  • S&P 500 closes at record 6,753, Nasdaq hits all-time high of 23,043 amid US shutdown

  • Russia increased oil output in September but misses OPEC+ target