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05:08
United States API Crude Oil Stock Change
★★★★★Previous 1.02MForecast --Actual -2.09M
05:06
Uncertainty mounts in Singapore after China tightens offshore trust rules
Recent reforms by Beijing, including a clampdown on assets being moved overseas and an overhaul of tax rules on offshore trusts, have raised concerns in Singapore that wealthy Chinese may no longer choose the city-state to set up single family offices. Lawyers and Members of Parliament are among those questioning Singapore's continued lure for foreign wealth, according to Nikkei Asia.
05:02
Crypto's Lobbying Juggernaut Hedges Bets on Favorable Legislation, Working to Keep a Foot in the Door
04:59
FTSE Russell reaffirms Indonesia's emerging-market status
FTSE Russell has reaffirmed the emerging-market status of Indonesian equities, citing measures taken by local authorities to improve transparency.
04:59
White House Issues German-American Day Proclamation, Emphasizing Positive Impact of U.S.-German Relations and NATO Investment on American Economy
The White House issued a proclamation for German-American Day, emphasizing the positive impact of U.S.-German relations and NATO investments on the American economy. The proclamation reviewed the historical contributions of German Americans and noted that Germany's increased defense investment within the NATO alliance will strengthen the transatlantic defense industrial base and create thousands of high-paying jobs for American workers.
04:56
US Lawmakers Call on Israel to Release Imprisoned Doctor Hussam Abu Safia
A group of six progressive US Congress members released a statement on Tuesday, condemning Israel's abuse of Palestinian healthcare workers and calling for the release of Gaza doctor Hussam Abu Safia, who has been held in Israeli detention since 2024. The statement highlights Israeli attacks on Palestinian medical workers during the conflict in Gaza, noting that at least 1,700 Palestinian healthcare workers have been killed and dozens of hospitals destroyed over the last three years. Lawyers for Abu Safia state he was subjected to torture and other abuses during his detention, with no charges filed or trial held against him.
04:49
U.S. Supreme Court Skeptical of Challenge to Private Equity Investments in 401(k) Plans
Judges on Tuesday heard the case, which is critical to acquisition firms' push to get private equity into individual retirement accounts.
04:46
WSJ Opinion: Washington Needs the Spirit of 1986 Tax Reform
A Wall Street Journal opinion piece suggests that Washington needs the spirit of the 1986 tax reform to close tax loopholes that lead to trillions of dollars in lost federal revenue and encourage the wealthy to exploit the system.
04:42
US services price gauge hits four-year high in September, clouding Bitcoin’s rate-relief outlook
The US services price gauge rose to 74.0 in September, marking its highest reading since July 2022 and surpassing August's 72.6. This occurred even as the overall services PMI eased to 54.9 from 55.4, and business activity dropped to 56.5 from 61.7, though both remained above the 50 expansion threshold. Employment, however, returned to slight expansion, rising from 47.8 to 50.1.

This combination of slower growth and more widespread reports of rising input costs could keep leveraged Bitcoin positions exposed to restrictive financing conditions, as the prospect of rate relief becomes uncertain. Federal Reserve Vice Chair Philip Jefferson had previously stated on October 1 that inflation risks tilted upward.
04:38
Musubi releases the lightweight AI decision model PolicyLM-1.7B, designed for real-time content moderation.
Musubi announced on Tuesday the launch of PolicyLM-1.7B, a lightweight AI decision model with open weights, designed for real-time content moderation. The model can apply content policies written in plain English to messages within 50 milliseconds, at a cost and speed comparable to existing AI classification systems. However, leveraging the flexibility of modern large language models, it can apply complex policies without special training, and policy changes do not require retraining.
04:38
Coinbase CEO Brian Armstrong retweeted a Coinbase post announcing the launch of real-time cryptocurrency price markets on prediction markets.
04:34
Musk reiterates his wealth comes from ownership stakes in SpaceX and Tesla, criticizes 'takers'
Elon Musk reposted his earlier tweet, stating that his wealth is simply due to his ownership stakes in SpaceX and Tesla. He added that as these companies grow, their value increases, benefiting all shareholders. Musk criticized those he called "takers of the world who have never built anything, like Bernie," for taking from the makers.
04:30
BNP Warns Treasury Secretary Bessent Against Axing 20-Year Bond, Citing Potential for Higher Yields
BNP Paribas SA cautioned Treasury Secretary Scott Bessent against discontinuing the 20-year bond, stating that such a move could lead to increased borrowing costs.
04:26
Musk reposted a tweet stating that a political compass test showed xAI's Grok as the only AI close to the center, while AIs from Anthropic, Google, Meta, and OpenAI all leaned left.
04:26
Trump on Iran: The biggest problem is that nobody knows who is running the country
04:24
Elon Musk: SpaceX will provide connectivity throughout the solar system and beyond
04:21
Spain's government has once again approved the Housing Law: a 2% cap on rent increases and mandatory lease renewals, sparking market concerns.
The Spanish government approved two emergency housing decrees on September 29, aimed at limiting rent increases and mandating lease renewals. Although Congress rejected these decrees on October 2, the Spanish Council of Ministers re-approved them on Tuesday and submitted them to the Congress's Standing Committee. The decrees cap rent increases at 2% (while September inflation was 4.9%) and mandate lease renewals for five or seven years, which is seen as rewriting already signed rental contracts. The market reacted swiftly, with Spanish television reporting that approximately 2,900 rental listings were withdrawn within hours, and Madrid listings decreased by about 20% within 24 hours. Critics argue that these decrees may be unconstitutional due to their retroactive modification of private agreements. The article points out that in a context where government policies could reshape asset rules, Bitcoin's role as a store of value, unaffected by such interventions, is highlighted.
04:20
Google DeepMind has released EmbeddingGemma 2, a multimodal embedding model with 740 million parameters, supporting text, images, audio, and video.
04:16
Ships’ captains paid $100,000 monthly to transit Strait of Hormuz
Salaries and bonuses are spiraling for seafarers willing to risk the perilous trip through the waterway in the face of Iranian attacks.
04:13
Abstract, the Ethereum L2 network backed by Pudgy Penguins, will shut down on December 15.
Abstract, the Ethereum L2 network backed by Pudgy Penguins, announced it will cease its on-chain operations on December 15, 2026, and urged users to bridge out their assets before this date to avoid potential loss of funds. Abstract cited stagnant growth, insufficient liquidity, a limited DeFi ecosystem, and restricted institutional adoption as reasons for the shutdown.
Abstract's parent company, Igloo Inc. (also the parent company of Pudgy Penguins), has injected "tens of millions of dollars" into the network over the past 18 months, incurring significant losses. Igloo CEO Luca Netz stated that the company ultimately decided against issuing an Abstract token or continuing to fund it to avoid harming the Pudgy Penguins business.
04:12
French Finance Minister Lescure says government ready to bypass parliament for €43 billion budget cuts if negotiations fail, risking no-confidence vote
French Finance Minister Roland Lescure stated that the government is prepared to use constitutional powers to pass its 2027 budget without a parliamentary vote if negotiations fail. The plan includes roughly €43 billion in spending cuts, with Lescure insisting the deficit must not exceed 5% of GDP. Invoking Article 49.3 could trigger a no-confidence vote, raising political risk as French borrowing costs remain under pressure.
04:10
CNBC Investing Club holds small position in Home Depot, anticipating future rate cuts
04:08
Donald Trump on Iran: We must end this, the question is how to end it.
04:06
TSMC and other Taiwanese companies increase AI spending in the US and Southeast Asia
According to Nikkei Asia, as global demand for AI computing infrastructure surges, TSMC and other Taiwanese companies are increasing overseas investments to build stronger supply chains, with spending primarily focused on the United States and Southeast Asia.
04:06
Japanese chip tool maker Towa to build $31.6M plant in Kyoto for domestic supply chain
Towa, a Japanese manufacturer of chipmaking devices, plans to build a $31.6 million plant for molding equipment used in advanced semiconductors near its headquarters in Kyoto. The move aims to address economic security concerns by establishing a domestic supply framework, with rising costs and a weak yen also factoring into the decision.
04:02
Nasdaq Composite marks second closing record in a row; S&P 500 registers record closing high for first time since Aug 13
04:02
AI compute startup Lambda plans to raise $4 billion before its 2027 IPO, valuing the company at $14.5 billion.
NVIDIA-backed AI computing startup Lambda is seeking to raise up to $4 billion at a pre-money valuation of $14.5 billion ahead of a planned initial public offering (IPO) in 2027. This funding round is led by Coatue Management and Blackstone. According to The Wall Street Journal, Lambda's backlog grew from $15 billion in June to $50 billion in September, with most of the increase coming from a $35 billion commitment signed with Anthropic in late August.
04:00
Flames and smoke were seen at Venezuela's Cardon refinery, according to four sources.
03:56
U.S. presses Russia for answers on Siberia lab death, WHO assesses risk as 'very low'
The U.S. has formally pressed Russia for more information after a worker at a Siberian plague research center died from an unexplained pneumonia, according to the WSJ. Secretary of State Marco Rubio said Moscow has provided “still quite limited” information, while Russia says testing found no pathogen linked to her work. The WHO currently assesses the international health risk as “very low.”
03:54
The U.S. State Department is seeking answers regarding mysterious deaths at a Russian plague research center, The Wall Street Journal reported.

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