Fed Cuts Interest Rates Again as Shutdown Clouds Economic Outlook
The Federal Reserve lowered its benchmark interest rate by 25 basis points to a range of 3.75%-4.00%, marking the second consecutive cut this year as economic...
Story of the Day - Page 17
Catch up quickly with the day’s most important and insightful stories. Our Stories of the Day category curates the standout articles across markets, economy, business, personal finance and innovation. Each post brings together multiple key developments, breaking news or deep-dive features chosen for their impact and relevance. It’s a fast, reliable way to understand what really matters today without scrolling through dozens of feeds. Whether you want a quick overview or a richer perspective, this section delivers the essential stories with context and clarity.
Latest Story of the Day News
Telegram’s CEO Unveils Cocoon AI-Blockchain Network on TON
Telegram announced its new “Cocoon” network, powered by AI and the TON blockchain, which lets GPU owners earn tokens and gives developers low-cost AI access while...
Nvidia Becomes World’s First $5 Trillion Company as AI Demand Surges
Nvidia has officially become the first company in history to reach a $5 trillion market capitalization, cementing its dominance in the AI era and setting a...
U.S. Stocks Hit Record Highs Despite Broad Market Declines
The S&P 500 reached a new all-time high above 6,900 even as nearly 80% of its components fell, with Apple, Nvidia and Microsoft alone driving the...
Visa to Support Four Stablecoins Across Four Blockchains
Payments giant Visa announced it will begin supporting four different stablecoins operating on four unique blockchains, expanding its crypto-asset infrastructure amid growing institutional demand.
Apple Reaches $4 Trillion Market Cap, Joining Nvidia and Microsoft in AI-Led Tech Rally
Apple became the latest company to surpass $4 trillion in market value, joining Nvidia and Microsoft as investors reward AI innovation and stronger-than-expected iPhone 17 sales.
Amazon Plans Up to 30,000 Corporate Job Cuts Starting Tuesday
Amazon is preparing its largest corporate layoff to date, set to begin Tuesday and potentially affect up to 30,000 jobs, or roughly 10% of its corporate...
HSBC Q3 Profit Falls 14% Amid $1.1B Madoff Charge, But Income Outlook Rises
HSBC Holdings’ pretax profit dropped 14% in the third quarter following a $1.1 billion charge tied to the Bernard Madoff scandal, yet the bank raised its...
Japan Debuts Yen-Peaked Stablecoin to Boost Digital Payments
Tokyo-based fintech firm JPYC has launched Japan’s first yen-pegged stablecoin, backed by bank deposits and government bonds as the country races into the digital-asset era.
Qualcomm Enters AI Data Center Race with New AI200 and AI250 Chips
Qualcomm announced a bold push into AI infrastructure with two new chips AI200 and AI250 targeting rack-scale data-center workloads and rivaling leaders like Nvidia and AMD.
Binance’s CZ Pardon Follows Major Washington Lobbying Push
A lobbying blitz by Binance and its founder Changpeng Zhao preceded the U.S. presidential pardon from Donald Trump, analysts say - highlighting the growing influence of...
U.S. Inflation Holds at 3% in September Despite Market Hopes for Cooling
The U.S. Consumer Price Index rose 3% year-over-year in September, maintaining pressure on household budgets and complicating the outlook for future interest-rate cuts.