News

Federal Reserve's Hamack: Business connections suggest the economy is more likely to be booming than preparing for contraction.

Federal Reserve's Hamack: We don't want to stifle growth, but we may need to 'tighten a little'.

Federal Reserve's Hamack: Inflationary pressures are spreading outward from the artificial intelligence sector, and other companies are performing well and ready to invest.

Federal Reserve's Hammarck: Policy restrictions will need to impact demand, whether through capital spending or consumption.

Federal Reserve's Hamak: More restrictions are needed, but we remain open to the pace of interest rate hikes.

Kroger, the American supermarket chain, will cut approximately 3,000 jobs across multiple functional areas over the next three years.

US President Trump responded to questions about potential actions against Iran following the UK incident, saying: "We'll wait and see."

US President Trump: Tariffs on Colombia may be lifted.

US President Trump: Putin wants to reach an agreement more than Zelensky.

US President Trump: Zelensky must focus on reaching an agreement.

US President Trump: (Regarding Iran) They have no navy and no air force. Inflation in Iran has skyrocketed.

US President Trump: We have the best stock market in history. We have the best 401k retirement plan in history.

US President Trump: Zelensky and Putin must meet to end the war; believes both Putin and Zelensky support an energy ceasefire.

US President Trump: The Houthis are very unruly.

US President Trump: Considering firing the US ambassador to Greece.

US President Trump: Relevant departments are closely investigating Democratic Representative Omar.

Meta Platforms (META.O) will release its Q3 2026 earnings report after the U.S. stock market closes on October 21, 2026, and will hold a conference call at 4:30 p.m. Eastern Time (4:30 a.m. Beijing Time on October 22).

Navitas: Collaborating with NVIDIA (NVDA.O) to develop an 800V to 12V power conversion board for next-generation AI infrastructure.

U.S. Senator Bernie Sanders: We must halt the development of advanced artificial intelligence before it is too late and permanently ban artificial superintelligence (ASI).

The Dow Jones Industrial Average rose 195.60 points, or 0.38%, to close at 51,850.55 on Monday, October 12. The S&P 500 fell 4.33 points, or 0.06%, to close at 7,807.21 on Monday, October 12. The Nasdaq Composite fell 120.27 points, or 0.44%, to close at 27,245.90 on Monday, October 12.