JUST IN: πΊπΈ The average US 30-year fixed mortgage rate has climbed to 7.6%, its highest since 2023. The 10-year Treasury yield hit its highest level since 2002 after the biggest quarterly jump since 1994, while the 30-year yield rose to 5.69% amid bond selling.
JUST IN: πΊπΈ Trump says the US government could take ownership stakes in AI firms including OpenAI and Anthropic.
JUST IN: π·πΊ Russian President Vladimir Putin said the technological advance of artificial intelligence cannot be halted.
JUST IN: πΊπΈ The SEC has put forward a new framework governing crypto custody for investment advisers and regulated funds.
JUST IN: π Nike shares ($NKE) have slumped to a fresh 10-year low following an earnings miss.
JUST IN: πΊπΈ SEC Chair Paul Atkins said crypto has moved from a "niche curiosity into a multi-trillion-dollar asset class."
JUST IN: π¨ Crypto markets saw $110 million in short positions liquidated over the past 10 minutes.
JUST IN: πΊπΈ US payrolls rose by just 29,000 in September, falling short of forecasts, while the unemployment rate climbed to 4.2%, above expectations.
JUST IN: π Nvidia $NVDA climbs to a fresh record high, lifting its market capitalization past $5.72 trillion.
JUST IN: πͺπΊ Trump says Europe has agreed to immediately release a "massive amount" of its diesel oil reserves.
JUST IN: π¨ YouTube says it will give priority to original content while reducing the reach of channels that repost other creators' videos.
JUST IN: πΊπΈ Trump said inflation could allow the United States to pay down its $40 trillion national debt "very rapidly."
JUST IN: π BNB Chain has become the first blockchain to cross $1,000,000,000 in tokenized stocks and ETFs.
JUST IN: π¨ A tanker en route to the United States has had its propulsion system hacked.
JUST IN: πΊπΈ The SEC says additional crypto regulatory proposals are in the pipeline.
JUST IN: πΊπΈ Trump renews pledge of a $5,000 dividend for every US adult citizen if Republicans win the midterm elections β an estimated $1.2 trillion cost that would rank among the largest US stimulus packages since the COVID-19 pandemic.
JUST IN: πΊπΈ President Trump has announced the creation of the Super Intelligence Force (SIF).
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JUST IN: π¨ Elon Musk says SpaceXAI will be renamed SpaceXSI, adding that "SpaceX is a super intelligence company."