JUST IN: The USTR has confirmed that a Trump-Xi meeting on China trade remains on schedule, according to CNBC.

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JUST IN: Argentina has launched an anti-dumping investigation into certain Chinese motors.

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JUST IN: South Korea aims to finalize a trade deal with the US during the APEC summit, according to Koo.

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JUST IN: The US has struck its eighth alleged drug vessel on the Pacific side, according to CBS.

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JUST IN: Trump stated on Truth Social that cattle ranchers must lower their prices.

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JUST IN: The Trump administration is exploring a plan to limit exports to China from anywhere in the world if those goods are made with or include U.S. software, sources report.

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JUST IN: The total US debt has officially exceeded $38 trillion for the first time in history, reflecting a $500 billion surge this month or about $23 billion daily.

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JUST IN: The typical down payment by US homebuyers rose 6.1% year-over-year in August, hitting a record $70,000. This reflects almost a 20% increase since January, with the median down payment tripling over the past six years and now representing 18.6% of the purchase price, the highest level recorded.

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JUST IN: New-home prices in China's 70 major cities declined 0.41% month-over-month in September, marking the sharpest drop in 11 months and the 29th consecutive monthly decrease. Used-home prices fell 0.64% MoM, the largest decline in a year, as all 70 cities recorded reductions.

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Game of the Day: Mines by Minibet

Minibet Studios

Find the gems, dodge the mines.
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JUST IN: The Trump administration is increasing the tariff-rate quota for Argentina to 80,000 metric tons of beef imports in an effort to reduce prices, the White House announced.

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JUST IN: Chinese state-owned oil giants have suspended their purchases of Russian oil transported by sea, due to fears of Western sanctions, sources report.

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JUST IN: Russian President Vladimir Putin warned that strikes penetrating deep into Russia would represent a major escalation, adding that Russia's response would be serious.

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JUST IN: The Trump administration is set to launch an investigation into China's compliance with the 2020 trade deal, as reported by the New York Times.

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JUST IN: The White House announced that Trump will meet with China's Xi on Thursday during his Asia trip.

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📉 The worst year for stock pickers in decades

Only 22% of active funds have beaten the market this year, the weakest performance in at least 26 years.

🟡 That means nearly 4 out of 5 professional managers underperformed simple index funds.

As Jack Bogle said:
Don’t look for the needle in the haystack. Just buy the haystack.

In 2025, passive investing once again proved the point — alpha is expensive, and beta keeps winning.

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JUST IN: The US Social Security Administration has announced a 2.8% cost-of-living adjustment for benefits starting in 2026.

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JUST IN: The Core CPI month-over-month increased by +0.2% in the latest report, falling short of the forecasted +0.3%.

The softer-than-expected Core CPI reading is bearish for the US dollar due to reduced pressure for monetary tightening, while it is bullish for risk assets as it raises expectations for potential interest rate cuts.

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JUST IN: Kevin Hassett remains hopeful about the upcoming meeting between Trump and Xi next week, despite expressing frustration with some Chinese actions.

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JUST IN: When asked whether a trade deal with China would be finalized by November 1, Hassett responded, "We'll see."

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