The financial world finds itself adrift on October 10, 2025, as a sophisticated and unprecedented cyberattack has crippled the United States' official economic reporting infrastructure, casting a long shadow of uncertainty over global markets. Investors and analysts are grappling with an information vacuum, forcing a "wait-and-see" approach and leading to
This comes after the Trump administration sent a new proposal to the EU earlier this month, asking it to revise several laws around technology, digital, and corporate environmental sectors.
According to a CNBC report, the CPI report was originally scheduled to be released on October 15, but the department had paused work due to the shutdown.
According to a CNBC report, Bessent, along with two senior Treasury officials and two senior White House officials, will conduct another round of interviews with the five candidates over the coming weeks and months.
The Committee for a Responsible Federal Budget (CRFB), a nonpartisan budget watchdog, condemned the recent government shutdown as "pointless and wasteful", while unveiling the staggering $1.8 trillion federal deficit for the fiscal year 2025.
Liz Ann Sonders, the Chief Investment Strategist at Charles Schwab & Co. (NYSE: SCHW) highlighted certain unusual divergences in the small cap markets.
After Wednesday’s strong rebound, Thursday’s session saw a broad-based retreat across U.S. equities. Most of the short-term breadth indicators turned red again, signaling that the recent recovery attempt has faltered.
Jamie Dimon, the top boss of the largest bank in the United States said the chances of the U.S. stock market crashing is far greater than many financiers believe.
