Federal Reserve Raises Interest Rates for the First Time Since 2023 The Fed lifted its benchmark rate a quarter point to a range of 3.75 to 4 percent last week, its first increase in three years, and signaled borrowing costs will likely stay higher for longer than investors had expected. Full story → · 3 sources
Wall Street Posts Its Best Day Since Early August on Tech Rally and Falling Oil Prices The S&P 500 and Nasdaq surged on Monday as chip and AI stocks led a broad rally, while falling oil prices and Treasury yields added to the relief after last week's rate hike. Full story → · 3 sources
AMD's Market Value Tops $1 Trillion as AI Chip Rally Extends Advanced Micro Devices crossed a $1 trillion market capitalization on Monday as chipmakers surged and Meta Platforms jumped 11 percent on early signs its AI agent technology is gaining traction. Full story → · 2 sources
Trump and Xi Set to Meet at the White House This Thursday President Trump and Chinese President Xi Jinping are scheduled to meet at the White House on Thursday, a high profile meeting between the leaders of the world's two largest economies. Full story → · 2 sources
Oil Prices Ease as Hopes Rise for Diplomatic Progress in the Iran Conflict Crude oil prices pulled back this week amid growing hope for diplomatic movement toward ending the conflict between the United States and Iran, providing relief to global markets after months of energy driven volatility. Full story → · 3 sources
South Korea's Presidential Chief of Staff Offers to Resign Over Cabinet Setbacks Kang Hoon-sik, chief of staff to South Korea's president, offered his resignation on Monday after a string of cabinet nominees failed to clear confirmation, taking responsibility for the setbacks. Full story → · 1 sources
Trinidad and Tobago Ends Extended State of Emergency Trinidad and Tobago's government lifted a long running state of emergency on September 17, a measure that had been in place to address security concerns, even as questions continue over arrests made during the period. Full story → · 3 sources