International Business Times

Producer Price Inflation Was Much Hotter Than Expected. Stocks Still Climbed.

Investors rotated out of the tech trade during the session. Odds of a rate hike decreased despite the PPI figure.

Most U.S. Voters Want 'Total Upheaval' In The Way The Country is Run, Poll Shows
The IMF Called On The U.S. To Reduce Spending. Washington Pushed Back.
Iran's President Says The Islamic Regime Faces Its Most Critical Scenario Since The 1979 Revolution

Gas Prices Are Up 34% In A Year. Here's How Much More Americans Are Spending To Fill Up.
A 15-gallon fill-up could cost roughly $16 more than a year earlier under an illustrative calculation based on federal price data.
Ukraine's Zelenskyy Said Russia Never Respected The Energy Ceasefire. Kyiv Is Attacking Refineries Again.
"We're done," Zelenskyy said after a pause of such attacks following President Donald Trump's call.
Iran's President Says The Islamic Regime Faces Its Most Critical Scenario Since The 1979 Revolution
"Never in the 48 years since the Islamic Revolution have we been under such pressure and faced such difficulties," Masoud Pezeshkian said.
Zelenskyy Said He Feels 'Betrayed' By Trump. Ukraine Has Now Reportedly Run Out Of Key Missiles.
Kyiv no longer has Patriots, which are capable of intercepting Russian ballistic missiles.
The IMF Called On The U.S. To Reduce Spending. Washington Pushed Back.
"When we see pieces on the IMF, it's good to remember how messy their forecasts have been in the past," a counselor to Treasury Secretary Scott Bessent said.
Anthropic's Quarterly Revenue Jumps. The Company Says It's Now Cash-Flow Positive.
The Claude developer reported adjusted profitability for a second consecutive quarter as it prepares for a possible November stock market debut.

Nearly 9 In 10 CEOs Expect To Hire More Workers Despite AI. But The Jobs They Need Are Changing.

A new KPMG survey of 400 American CEOs found that companies are putting greater emphasis on AI skills, employee retraining and redesigned roles.

Press Release

Economy in Focus

Wall Street Is Trading Near Record Highs. The Richest 1% Own More Than Half Of America's Stock Wealth.
As major U.S. banks prepare to report quarterly earnings, fresh attention is falling on who owns the financial assets benefiting from Wall Street's rally.
- S&P 500 Profits Set To Surge More Than 30% In Q3 With AI Giants Dominating Growth
- SpaceX Could Borrow $40 Billion For Nvidia Chips As Musk Makes A Massive New Bet On AI. Its Stock Fell.
Salaries Keep Losing Purchasing Power, With Six-Figure Salaries No Longer Being a Synonym of Being Well-Off
U.S. inflation accelerated to 3.7% in September, up from 3.4% in August.
- IMF Urges U.S. to Cut Deficits as Bond Yields Surge, Tells China to Move Away From Export-Led Growth
- September's CPI Came in Hotter Than Expected and Geopolitical Tensions Climbed. Stocks Fell.

Bitcoin ETFs Lost $65 Million In A Day. One BlackRock Fund Accounted For Every Dollar.

The latest redemptions, however, represent a small fraction of the roughly $65.7 billion in net inflows BlackRock's fund has attracted since launching in 2024.

Contributor

GreenLight Media: Spatial Media for Live Experiences

GreenLight reports that more than three billion fans currently watch live events on flat screens; across the $400B global video economy, conventional 2D media reduces rich, three-dimensional experiences to passive viewing, constraining engagement, limiting intelligence, and leaving entirely new forms of value unrealized.

Contributor
'Not This Model': Why Are Two Entrepreneurs On A Giant Billboard In SoHo?
Luxury fashion campaigns cover buildings and digital screens, with carefully chosen faces selling watches, clothes and lifestyles. Manhattan has perfected the art of turning people into symbols of aspiration.
Contributor
The Future of Trading Is Starting to Look More Like Formula 1 Than Wall Street
Financial markets are becoming continuous, global, and increasingly shaped by the same competitive and community-driven dynamics that have transformed gaming, sports, and entertainment