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September jobs miss hands Powell his October alibi
The September jobs report landed like a thud: 29,000 positions added against an 84,000 consensus, unemployment ticking to 4.2%, and prior months revised down by 60,000 combined. Wage growth cooled to
High interest rates are foreclosing on the American dream of home remodeling
High mortgage rates and expensive home equity loans are trapping Americans in aging homes, forcing a shift from major remodeling to basic maintenance as big-ticket renovation sales fall sharply at Hom
Crypto Job Postings Triple to 1,241 as Applications Fall
Crypto job postings more than tripled to 1,241 in September while applications fell below 20,000, a divergence CryptoJobsList interprets as tightening competition for specialist hires in finance, engi
Larry Ellison Risk Exposed by Paramount and Oracle Debt Binges - Bloomberg.com
Paramount's record bond sale funding a $110bn leveraged buyout had a rough debut with bonds falling on the first trading day, exposing Larry Ellison's parallel debt exposure at Oracle.
BofA resets Micron forecast as AI memory tax rises
Bank of America reset its Micron stock forecast as rising AI demand fuels a so-called 'memory tax,' with Micron extending its AI build-out outlook to 2031 and memory executives warning of RAM shortage
Over 550 mn UPI users, 69 mn MF investors and 50 mn stock buyers — why are millions still not investing? Report decodes
An EY India report highlights a stark disparity in India's financial landscape: over 550 million people use UPI for payments, but only about 62 million invest in mutual funds and 50 million trade equi
September Jobs Report: Unemployment Rises, Fed May Skip Hike
The U.S. September jobs report came in soft, with the unemployment rate ticking higher and hiring slowing enough to fuel market expectations that the Federal Reserve will skip an October rate hike.
Cerebras Stock Falls 20% to Post-IPO Low
Cerebras stock plunged nearly 20% this week to its lowest level since its May IPO, after a SemiAnalysis report said OpenAI will use Nvidia GPUs instead of Cerebras hardware to power "Ultrafast" mode i
ICBA Sues OCC Over Crypto Trust Charters
A coalition of community banks is suing the U.S. banking regulator over its decision to grant national trust charters to crypto firms, arguing the move gives those companies an unfair advantage and ex
Nvidia Lifts Nasdaq to Record on Soft Jobs Data
US equity markets climbed on October 2, 2026, as soft jobs data signaled easing rate hike concerns, sending the Nasdaq to an intraday record led by Nvidia ahead of Friday's September payrolls release.
Anchorage Digital Cuts 17% of Workforce: Report
Anchorage Digital, a crypto bank valued at $4.2 billion, is cutting 17% of its workforce according to a report, marking a significant reduction at one of the highest-valued crypto-native financial ins
Inflation Outpaces Wages Again in September
Inflation continued to outpace wage gains in September, with falling real wages, soaring energy prices, and a frozen labor market deepening the squeeze on American workers.
Cramer: Micron's Boom-Bust Cycle Is Finally Over
Jim Cramer declared Micron's historic boom-and-bust cycle is over "at last," as separate industry signals point to a memory market in structural transition.
Nike Shares Tumble on Weak Outlook, Restructuring & Job Cuts
Nike reported quarterly earnings and unveiled a sweeping restructuring plan that includes job cuts, sending shares tumbling as the company also issued a weak revenue outlook.
Dated Brent Tops $120 as China Cuts Fuel Exports
Global oil markets are tightening as the Dated Brent benchmark climbs above $120 a barrel, with Chinese refiners suspending October fuel exports to rebuild domestic stocks.
Bitcoin Heads Higher on Macro Moves: Where Does BTC Go Next?
Bitcoin climbed toward its September high near $87,400 after a sharply weaker-than-expected U.S. jobs report sent odds of an October Fed rate hike plunging from 70% to 14%, with technical indicators p
France Debt Crisis: Bond Markets Price In Default
Bond markets are punishing France over fiscal concerns, with investors pricing in rising default odds while the ECB appears unlikely to intervene.
Memory maker warns shortages will get worse in 2027, as CEO celebrates ‘much higher prices’ - Video Games Chronicle
Memory industry leaders are warning that RAM shortages will deepen through 2027 and persist into 2028, with at least one CEO openly celebrating higher prices amid constrained supply.
Nike warning drags Lululemon, On, Deckers shares lower
Nike delivered a weak revenue outlook alongside plans for sweeping job cuts, jolting the broader athletic apparel and footwear sector and dragging down shares of rivals across the category as investor
Nike Shares Tumble on Weak Outlook, Layoff Plans
Nike shares fell after the company flagged a weak revenue outlook and disclosed plans for layoffs and a sweeping restructuring, rattling the broader athletic apparel sector.
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