๐จ Business News Update โ October 15, 2025 (Afternoon Edition) ๐จ
๐ Market Highlights:
โข Fed Chair Powell signals the end of tightening and hints at rate cuts amid inflation concerns and renewed TrumpโChina trade tensions over soybeans. ๐พโก
โข Morgan Stanley smashes Q3 earnings expectations, outperforming rivals in equities trading. ๐ผ๐
โข Dow Jones jumps +300 points, driven by strong bank earnings and optimism over possible rate cuts. ๐
โข BlackRock & Nvidia lead a $40B AI data center consortium, strengthening confidence in the AI boom. ๐ค๐ฅ
โข IMF warns global debt could reach 100% of GDP by 2029, raising long-term fiscal risk alarms. โ ๏ธ
โข Trade tensions rise as Bessent cautions that Chinaโs economic strategy may provoke backlash. ๐ฃ
โข U.S. Government Shutdown delays the Social Security COLA announcement, fueling uncertainty among retirees. ๐ฐ๐บ๐ธ
๐ If you find these updates helpful โ Like โค๏ธ, Follow ๐, and Share ๐
Thank you for the amazing support โ love you all! ๐