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Forex
US dollar at risk if Trump can sway Fed to more dovish stance, says PGIM exec
By Davide Barbuscia NEW YORK, Sept 26 (Reuters) - The risk that pressure from U.S. President Donald Trump could shift the Federal Reserve to an overly dovish stance is the main near-term concern for the U.S. dollar, said a senior executive at U.S. asset manager PGIM Fixed Income.Trump has relentl...Reuters
Fri, Sep 26
Other
ADVISORY-Alert incorrectly tagged to Spirit Aerosystems withdrawn
Sept 26 (Reuters) - An alert on Spirit Airlines FLYYQ.PK suspending some flight routes, citing a CNBC report, was incorrectly tagged to Spirit Aerosystems SPR.N, an unrelated entity, and has been withdrawn.For the correct alerts on Spirit Airlines FLYYQ.PK, click nFWN3VD0W6STORY_NUMBER: FWN3VD16FSTO...Reuters
Fri, Sep 26
Other
ADVISORY-Alert incorrectly tagged to Spirit Aerosystems withdrawn
An alert on Spirit Airlines FLYYQ.PK suspending some flight routes, according to a memo seen by Reuters, was incorrectly tagged to Spirit Aerosystems SPR.N, an unrelated company, and has been withdrawn.For the correct alerts on Spirit Airlines FLYYQ.PK, click nFWN3VD0W6STORY_NUMBER: nFWN3VD0W5STORY_...Reuters
Fri, Sep 26
Stocks
Why Did Oklo Stock Plummet 18.3% This Week?
Key PointsGoldman Sachs initiated coverage this week, setting a neutral rating. Several large sales from key insiders also appeared to concern some investors.10 stocks we like better than Oklo › Shares of Oklo (NYSE: OKLO) fell this week, finishing down 18.3%. The drop comes as the S&P 500 and the N...The Motley Fool
Fri, Sep 26
Stocks
What Is 1 of the Best Artificial Intelligence (AI) Stocks to Buy Now?
Key PointsThis business has so far been the leader in the AI race, as customers rush to buy its popular GPUs.Shares have soared nearly 13-fold just in the past five years. With earnings expected to continue rising at a brisk pace, investors might consider buying the stock. 10 stocks we like better t...The Motley Fool
Fri, Sep 26
Other
Trump orders release of records related to Amelia Earhart
Sept 26 (Reuters) - U.S. President Donald Trump said on Friday that he ordered his administration to declassify and release all government records related to Amelia Earhart, who vanished while attempting a round-the-world flight in 1937."Her disappearance, almost 90 years ago, has captivated mil...Reuters
Fri, Sep 26
Cryptocurrencies
KuCoin files appeal in Canada's Federal Court, pushing back against $14M Canadian AML penalty
Crypto exchange KuCoin is pushing back against Canada‘s FINTRAC penalty of C$19.5 million ($14 million) due to AML compliance. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) imposed a massive penalty against Kucoin back in July. The regulator, however, shared the details of the penalty in an official release yesterday, September 25th. FINTRAC […]Cryptopolitan
Fri, Sep 26
Other
Inside Debt - September 26
To access a PDF version of this newsletter, please click hereYou can read Inside Debt via TOPNEWS Fixed Income page.If you would like to receive this newsletter through your email,please register at: https://solutions.lseg.com/Inside-Debt-Subscription-pageFor an index of our newsletters click on NEW...Reuters
Fri, Sep 26
Other
Fannie Mae announces resignation of board member
Sept 26 (Reuters) - The U.S. Federal National Mortgage Association, known as Fannie Mae, said on Friday that board member Karin Kimbrough resigned from her position on September 22. It did not provide additional details regarding the resignation. The Trump administration has been weighing initial pu...Reuters
Fri, Sep 26
Other
US Supreme Court lets Trump withhold $4 billion in foreign aid
Administration challenged judge's spending orderSupreme Court often backs Trump emergency requestsBy John Kruzel WASHINGTON, Sept 26 (Reuters) - The U.S. Supreme Court sided again on Friday with Donald Trump, allowing his administration to withhold about $4 billion in foreign aid authorized b...Reuters
Fri, Sep 26
Stocks
US stocks weekly: Rethink
** S&P 500 .SPX snaps three-week winning streak, edges down 0.3% as strong economic data raises questions over prospects for further interest rate cuts from the Fed .N** Dow .DJI eases 0.1%, while Nasdaq Composite .IXIC retreats 0.7%, also breaks three-week run of advances** U.S. 10-Year Treasur...Reuters
Fri, Sep 26
Other
ANALYSIS-Comey indictment escalates Trump's campaign to chill opposition
Comey indictment faces significant legal hurdles, experts sayTrump's actions may aid Comey's defense against prosecutionIndictment seen as part of broader effort against Trump's adversariesBy Andrew Goudsward WASHINGTON, Sept 26 (Reuters) - The U.S. criminal case against former FBI Di...Reuters
Fri, Sep 26
Commodities
Humberto rapidly strengthens to a major hurricane, US NHC says
Sept 26 (Reuters) - Humberto rapidly strengthened into a category 3 hurricane and is expected to intensify further over the Central Atlantic in the next couple of days, the U.S. Hurricane Center said on Friday. The hurricane was located about 430 miles (690 km) northeast of the northern Leeward Isla...Reuters
Fri, Sep 26
Stocks
Why Did Circle Internet Stock Fall 11.9% This Week?
Key PointsA group of major banks in England has launched a program to investigate tokenizing assets. The move comes after the Governor of the Bank of England questioned the usefulness of stablecoins, given that tokenization is an option. 10 stocks we like better than Circle Internet Group › Shares o...The Motley Fool
Fri, Sep 26
Cryptocurrencies
Kraken seeks $200-300 million funding that would value the crypto exchange at $20 billion
Crypto exchange Kraken is trying to raise more money that could make the company worth around $20 billion as it gets ready to go public. The funding isn’t done yet and depends on how the markets look, but it would bring in $200 million to $300 million from a big investor, according to someone who […]Cryptopolitan
Fri, Sep 26
Cryptocurrencies
SoftBank, Ark Invest Among Potential Investors In Tether’s $15 Billion Funding Round
The industry’s largest stablecoin issuer, Tether (USDT), is reportedly in discussions with a series of leading firms including SoftBank Group and Ark Investment Management, for a significant funding round aimed at raising between $15 billion and $20 billion. This capital influx could potentially val...NewsBTC
Fri, Sep 26
Cryptocurrencies
Apple built an internal chatbot app called Veritas to test a major Siri upgrade
Apple has developed a ChatGPT-style iPhone app to test major upgrades coming to Siri next year, according to Bloomberg. The app, called Veritas, is designed for internal use only. Employees are using it to test whether the new version of Siri can finally compete with smarter assistants like Google’s Gemini and OpenAI’s ChatGPT. The current […]Cryptopolitan
Fri, Sep 26
Other
UK to offer to pay more for some drugs to appease Trump, pharma groups, FT reports
Sept 26 (Reuters) - The UK government is set to offer to pay more for certain medicines to protect pharmaceutical exports to the United States, The Financial Times reported on Friday, amid threats of 100% tariffs on drugs by Donald Trump's administration.British Prime Minister Keir Starmer's...Reuters
Fri, Sep 26
Other
US labor board withdraws claims Apple CEO violated employee rights, Bloomberg News reports
Sept 26 (Reuters) - The U.S. labor board has withdrawn its allegations that Apple AAPL.O CEO Tim Cook violated federal labor law, Bloomberg News reported on Friday citing a letter it had seen.Reuters
Fri, Sep 26
Commodities
COP30 urged to link climate justice with reparations for historical crimes
By Catarina Demony Sept 26 (Reuters) - Hundreds of environmental and human rights groups have urged COP30, the global climate summit to be held in Brazil this November, to confront the historical roots of the climate crisis, and put reparations on the agenda.The letter argues that historical crim...Reuters
Fri, Sep 26
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