Federal government enters new fiscal year without a shutdown, funded through December 11 The federal government's 2027 fiscal year began on October 1 without a funding lapse, after Congress passed a bipartisan stopgap measure weeks ago that keeps agencies open into December. Full story → · 3 sources
September jobs report lands this morning, the first clean read on hiring after a year of disrupted data The Labor Department releases its September employment report at 8:30am Eastern today, a closely watched number after a year in which shutdowns repeatedly delayed or scrambled official job and inflation data. Full story → · 3 sources
Treasury yields hit their highest level since 2002 as Wall Street opens the fourth quarter on edge The benchmark 10 year Treasury yield touched its highest level in roughly 24 years this week, pressuring banks and housebuilders even as technology stocks helped major indexes hold up. Full story → · 4 sources
China halts most fuel exports for October, deepening a global diesel crunch China's major refiners have suspended most exports of diesel, gasoline, and jet fuel for the month as Beijing prioritizes domestic supply, tightening an already stretched global fuel market. Full story → · 2 sources
China's property market remains stuck in a five year slump China's real estate sector, once a major engine of growth, is still working through a downturn that began with the collapse of developers like Evergrande, with values still falling and distressed households still selling. Full story → · 1 sources
Xi and Trump summit yields agreement for China to buy U.S. coal A summit between the Chinese and U.S. presidents produced an agreement for China to purchase 10 million tonnes of U.S. coal annually in 2027 and 2028, described by analysts as a modest but concrete step in the broader trade relationship. Full story → · 2 sources
AI trade powers tech stocks as Alphabet unveils new Gemini model and Micron posts blowout earnings Shares of Alphabet and chipmaker Micron rallied this week on the strength of artificial intelligence demand, with Micron reporting that revenue roughly quadrupled and Alphabet debuting its newest Gemini model. Full story → · 2 sources
Lynas Rare Earths to buy Meteoric Resources in $672 million deal, expanding beyond China's supply chain Australian rare earths producer Lynas has agreed to acquire Meteoric Resources in a $672 million deal that gives it a foothold in Brazil, part of a broader push by Western companies to build rare earth supply chains outside China. Full story → · 1 sources
Student protests over school conditions spread across France High school students in Paris and other French cities have staged blockades and protests this week demanding more resources for their schools, part of a wider wave of demonstrations over education conditions. Full story → · 1 sources