Treasury weighs minting $1 coin with Trump’s face for U.S. 250th anniversary
U.S. Treasurer Brandon Beach confirmed in a social media post that the draft coin depicting Trump is real. Treasury Secretary Scott Bessent shared Beach’s post.
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Amazon shutters 4 Fresh stores in Southern California as grocery strategy keeps shifting
Amazon has been closing Fresh supermarkets in the U.S. and U.K. as the company focuses its grocery strategy on Whole Foods and delivery. -
Perplexity CEO: Comet AI browser can boost productivity so companies won’t have to hire more people
Chicago Fed Austan Goolsbee agreed that AI could be a boon to the GDP, but cautioned about over-investment. -
For first-time job hunters, a college degree isn’t unlocking the opportunities it once did, data shows
Data shows young college grads are feeling the brunt of the labor market slowdown. -
Detroit auto stocks jump on report of tariff relief for U.S. vehicles
Stocks for General Motors, Ford Motor and Chrysler parent Stellantis shifted from trading level or down to up roughly 2% to 4% on the report from Reuters. -
Trump admin freezes $2.1 billion for Chicago projects, blames Democrats for shutdown holdup
The move came on the third day of the federal government shutdown, which President Donald Trump has blamed on Democrats in Congress. -
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.3391; (P) 1.3451; (R1) 1.3501; More… Outlook in GBP/USD remains unchanged and intraday bias stays neutral for the moment. On the upside, firm break of 1.3535 resistance will suggest that pullback from 1.3725 has completed, and bring stronger rally to 1.3725/87 key resistance zone. On the downside, though, break of 1.3322 will […]
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
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Jeff Bezos says AI is in an industrial bubble but society will get ‘gigantic’ benefits from the tech
Amazon founder Jeff Bezos said that artificial intelligence is showing signs of being in an “industrial bubble.” -
S&P 500 record close Friday is down to the wire — plus, Amazon is more than just cloud
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading. -
The shutdown meant no jobs report. Here’s what it would have said about the economy
While the BLS has gone dark with the shutdown, other reports suggest the labor market just plodded along in September.
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