News
Federal Reserve's Williams: This is not an overheated economy.
Federal Reserve's Williams: I still believe that the forces suppressing inflation are at work.
Federal Reserve's Barkin: Taking measures to address inflation is reasonable.
Federal Reserve Bank of Barkin: It appears that the shock is still ongoing.
According to Iranian media Fars News, Iran has threatened to seriously reconsider its relationship with Britain.
Market news: More than 20 U.S. lawmakers have written to the Federal Aviation Administration (FAA) requesting a suspension of artificial intelligence tools used to assist air traffic controllers in the Washington area pending further evaluation.
Federal Reserve Bank of Barkin: We can see the impact of AI investment on US inflation.
A Delaware jury found Arm (ARM.O) liable to pay Qualcomm (QCOM.O) $2 in symbolic damages.
According to the French media outlet Les Echos, Nvidia (NVDA.O) has acquired stakes in Genesis AI, Pigment, and Entalpic.
Qualcomm (QCOM.O): A jury found Arm (ARM.O) in violation of its architecture license agreement.
Ireland’s Minister of State for European Affairs said that Ukraine has made progress in its EU accession negotiations.
United Airlines (UAL.O): United Airlines is rapidly expanding its Starlink fleet and expects to complete installation across its entire fleet by the end of 2027.
United Airlines (UAL.O): United Airlines continues to advance the deployment of Starlink, with installations already underway on its Boeing 737 MAX 8 fleet in Guam.
According to Israel's Channel 12: Israeli Prime Minister Benjamin Netanyahu discussed the possibility of resuming military action against Iran with US President Donald Trump last week. Senior US officials stated that they believe Netanyahu intends to resume strikes against Iran before the election.
The percentage of US Treasury bonds auctioned for the six weeks ending October 13th was 81.33%, compared to 87.68% previously.
The US Treasury auction for the six weeks ending October 13th yielded a winning bid of 3.98%, compared to 3.95% previously.
US Treasury auction for the six weeks ending October 13 - bid-to-cover ratio 2.58, previous value 2.78.
WTI crude oil futures rose 1.00% on the day, currently trading at $94.68 per barrel.
The U.S. Marine Minerals Administration reports that approximately 16.13% of daily crude oil production and 16.59% of daily natural gas production in the U.S. Gulf Coast region are currently suspended.
According to Politico, US President Trump will travel to Kansas on October 19 to campaign for Republican Senator Marshall.