News

Microsoft (MSFT.O): All deployments have been paused, and more traffic is being diverted from the affected infrastructure and the affected servers are being restarted to restore service.

U.S. Democratic Senator Reid: Congress needs to assess whether Nvidia (NVDA.O) is "too big to fail" and what impact this could have on the banking system.

The U.S. Treasury Department reported that the U.S. budget deficit in October was $404 billion, and the deficit is projected to be $284 billion in October 2025.

U.S. Treasury Department: U.S. budget spending in October was $773 billion, compared to $689 billion in October 2025; revenue was $369 billion, compared to $404 billion in October 2025.

U.S. Treasury Department: U.S. customs net revenue was $19.22 billion in October, and is projected to be $31.35 billion in October 2025.

U.S. Treasury Department: The U.S. budget deficit and spending both hit record highs for the month in October.

The US government budget for October was -$404 billion, compared to -$27 billion in the previous month.

Microsoft (MSFT.O): Has begun redistributing connection traffic across a wider global infrastructure to help balance load.

Federal Reserve's Daly: The market is providing support.

Federal Reserve's Daly: I'm hearing more and more from businesses that they will pass on higher costs.

Federal Reserve's Daly: Tighter financial conditions have given us more time to make decisions.

Federal Reserve's Daly: Tightening financial conditions are something we'd very much like to see. But the markets won't do the Fed's job; maintaining price stability is the Fed's responsibility. Financial market conditions are consistent with the policy state the Fed hopes to achieve.

Microsoft (MSFT.O): It has been determined that some infrastructure has experienced increased load in multiple regions, which may have caused connectivity errors.

OpenAI: We are investigating an issue with the Microsoft connector where new connections may be interrupted and tools may not work as expected.

Federal Reserve's Daly: We must now address the inflation problem, but that doesn't mean we should ignore the potential for productivity growth to cool inflation.

Federal Reserve's Daly: We must focus on reducing inflation.

Federal Reserve's Daly: The labor market is stable, growth and productivity are positive, and inflation is high.

Federal Reserve's Daly: It's too early to say when the impact of artificial intelligence on productivity will arrive.

Federal Reserve's Daly: We may see faster productivity growth in the next 1 to 3 years, and a lot of work is currently underway.

According to Israel's i24News, a US official stated, "The Iranians have gone too far." The dispute lies not only in the specific measures within the agreement but also in the order of actions taken under its framework. According to the official, Iran continues to make new demands on this issue. For Trump, he has time to wait: he will attend the APEC summit next week (as expected). Before then, another aircraft carrier and an amphibious assault group will arrive in the Middle East.