REVEALED: 3 - The Real Truth

Fed Officials Expect to Hike Rates Again Before the Year Ends. Odds of it Happening in October Remain Low.

Chances that the central bank will keep rates unchanged later this month remain above 80%.

International Business Times · Oct 7

California Insurance Reform Is Reshaping the Role of Independent Agencies

The state's Department of Insurance says its Sustainable Insurance Strategy is designed to expand availability, incorporate forward-looking catastrophe models, and improve the rate-review process.

International Business Times · Oct 7

Bitcoin Drops Below $84,000 as Nearly $500 Million in Long Bets Get Wiped Out.

The digital asset briefly fell to around $83,500 as a sharp market pullback hit leveraged traders across major cryptocurrencies.

International Business Times · Oct 7

Google's Massive Finland AI Bet is Facing Trouble. Authorities Have Halted Work At Two Data Centers.

The order comes less than a month after Google announced a €13 billion investment in Finnish data centers, clean energy and supporting infrastructure.

International Business Times · Oct 7

Americans Are Skeptical of Trump's Promise of $5,000 Checks if Republicans Win the Midterms, New Poll Shows

An Economist/YouGov survey found that only 21% of registered voters believed Trump would "definitely" or "probably" follow through on the $5,000 payments.

International Business Times · Oct 7

McDonald's Hit With Class Action Lawsuit. Fast Food Giant Accused of Using AI-Powered Menu Price-Fixing

The lawsuit alleges that McDonald's violated federal antitrust law by conspiring with independent franchisees to fix prices using machine-learning algorithms trained on nonpublic restaurant data.

International Business Times · Oct 7

France is Grappling With Protests and Soaring Bond Yields. The IMF Chief Told Paris to Get Its 'House In Order.'

Kristalina Georgieva called on France to bring its deficit to under 5%.

International Business Times · Oct 7

Fed's Daly Says Continued Chip Shortages Could Help Fuel Inflation For Longer

"This is probably further out before we get relief," Mary Daly said when discussing AI-related demand constraints.

International Business Times · Oct 7

Traders Are Bracing for a Key Bond Sale. Yields Hit a New Multi-Decade High.

The benchmark 10-year Treasury hit the highest level since 2002.

International Business Times · Oct 7

The Trump Administration Considered a Diesel Export Ban. Chevron's CEO Called The Notion 'Unwise.'

"Export bans, be they in the U.S. or in other countries, actually take supply off the global market and they run the risk of making the situation worse," Mike Wirth added.

International Business Times · Oct 7