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Daily Fresh Financial News.
Global Market Updates.

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JUST IN: πŸ‡ΊπŸ‡Έ Federal Reserve expected to cut interest rates by 25 bps on Wednesday, Bloomberg reports.

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🚨 Chinese influencers now required to hold a university degree to discuss serious topics, or face fines up to Β₯100,000.

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JUST IN: 🚨 Trump says he will meet China’s President Xi tomorrow.

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JUST IN: πŸ”₯ Microsoft announces it now holds a 27% stake in OpenAI.

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🚨🚨 Recent Layoff Announcements:

1. UPS: 48,000 employees
2. Amazon: Up to 30,000 employees
3. Intel: 24,000 employees
4. Nestle: 16,000 employees
5. Accenture: 11,000 employees
6. Ford: 11,000 employees
7. Novo Nordisk: 9,000 employees
8. Microsoft: 7,000 employees
9. PwC: 5,600 employees
10. Salesforce: 4,000 employees
11. Paramount: 2,000 employees
12. Target: 1,800 employees
13. Kroger: 1,000 employees
14. Applied Materials: 1,444 employees
15. Meta: 600 employees

The labor market is clearly weakening.

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JUST IN: πŸ‡ΊπŸ‡Έ 98% chance the Federal Reserve cuts interest rates by 25 bps tomorrow, according to Polymarket.

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BREAKING: 🚨🚨 The US and China are set to reduce port fees on shipments between both countries, per WSJ.

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🚨🚨 Microsoft, $MSFT, and Apple, $AAPL, officially become the 2nd and 3rd companies in the world to be worth over $4 TRILLION.

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πŸ‡¦πŸ‡Ί Australia's consumer prices increased 3.5% year-over-year in September, surpassing the estimated 3.1% rise.

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🚨🚨 Nvidia $NVDA becomes the first company in history to be worth $5 Trillion.

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πŸ‡ΊπŸ‡Έ TODAY: FOMC decision at 2:00 PM ET, followed by Powell's press conference at 2:30 PM ET.

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JUST IN: πŸ‡¨πŸ‡³πŸ‡ΊπŸ‡Έ China purchases 180,000 tons of U.S. soybeans, their first order in months, ahead of tomorrow's President Trump and President Xi meeting.

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JUST IN: πŸ‡¨πŸ‡¦ Canada cuts rates by 25 bps to 2.25%.

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BREAKING: ‼️ OpenAI may IPO as soon as 2027, per WSJ.

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Forwarded from Crypto News
JUST IN: 🚨🚨The FED's interest rate decision will be announced in 10 minutes. Stay tuned for the interest rate decision and Powell's statements.

@News_Crypto
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BREAKING: πŸ‡ΊπŸ‡Έ FED LOWERS RATES BY 25BPS TO 3.75-4%.

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BREAKING : 🚨🚨 The FED will end monetary tightening on December 1st.

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JUST IN: πŸ‡ΊπŸ‡ΈπŸš¨Fed Chair Jerome Powell says tariffs are pushing up prices.

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JUST IN : 🚨🚨 Powell said a December rate cut is not guaranteed.

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🚨 Fed Chair Powell says AI is different from the 2000 Dot-Com bubble.

Powell says there was a "clear" bubble back then.

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