Economy

  • Top House Democrats say shutdown deal still possible despite partisan noise

  • Dollar heads for worst year since 1973 as risk assets continue to explode

  • OPEC+ to raise output by 137,000 bpd in November despite glut concerns

  • Japan’s first female PM Takaichi Sanae plans to revive Abenomics

  • US federal workforce shrinks by 100,000 as deferred resignations kick in

  • Treasury lashes out at Whitehall over wasteful spending

  • European stocks notch best week in six months as second Fed rate cut approaches

  • Fed’s Miran presses for aggressive rate cuts despite disagreements

  • India’s rupee makes all-time low against the dollar even as bonds and stocks surge

  • Wall Street rallies through shutdown while Bitcoin surges within 1% of ATH

  • Treasury to mint Trump $1 coin as White House prepares $1K stimulus checks for Americans

  • 45 Elon Musk DOGE staff still on White House payroll and exempt from shutdown

  • Non-dollar stablecoins said to reach 20% market share in two years

  • Goldman Sachs warns of AI bubble as debt-fueled spending lifts markets to record highs

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  • U.S. equity funds attract sharp inflows as markets bet on Fed policy easing

  • ECB President Christine Lagarde open to other suitable successors, not just Klaas Knot

  • There will be no US jobs report today

  • BOJ Governor warns of global risks keeping October’s rate hike uncertain

  • SNB faces pressure as Swiss inflation stalls

  • Trump’s highly-anticipated meeting with Xi to start off rough as he vows to squeeze the Chinese leader

  • Elon Musk’s DOGE cuts haunt real estate as shutdown begins and leases vanish

  • S&P 500 hits all-time high above 6,700 as gold makes way for $4,000 after US govt shutdown