Month: October 2025
Bitcoin rises as investors seek a global safe haven amid shutdown
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Cheng Xin | Getty Images Bitcoin ticked higher on Wednesday while most other risk assets fell after U.S. lawmakers failed to reach a government funding agreement, leading to a shutdown. The move showed the evolving view of the cryptocurrency to a store of value during […]
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Mortgage refinance demand plunges 21%, as interest rates hit 3-week high
A brief roller coaster ride for mortgage rates caused yet another swing in demand. After dropping to a three-year low two weeks ago, rates then shot right back up again. As a result, total mortgage application volume dropped 12.7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. […]
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Peloton revamps equipment, launches commercial unit and raises prices ahead of holidays
The entrance to the Peloton offices in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Peloton on Wednesday said it’s relaunching its product assortment, introducing a commercial equipment line and raising prices for both subscriptions and hardware as the company looks to reignite growth ahead of the holiday shopping season. The revamped assortment includes […]
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From Spain’s bull run to gold’s surge: How the third quarter played out in Europe
Spain’s IBEX equity index has posted a return of nearly 10% over the last few weeks, way above its continental peers. Source
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Gold hits new all-time high as U.S. government shutdown dents risk appetite
Gold prices rose to record highs as a U.S. government shutdown began on Wednesday. Chris Mcgrath | Getty Images News | Getty Images Gold prices soared to new highs on Wednesday, as the U.S. government entered its first shutdown in almost seven years after lawmakers failed to reach a deal on government funding. While the […]
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CNBC’s The China Connection newsletter: China’s K-visa plans spark worries of a talent flood
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Immigration anxieties and a challenging job market have sparked an online backlash over China’s latest attempt at attracting global talent — a new visa program […]
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India holds rates steady at 5.5% in line with forecast as central bank assesses earlier cuts
India’s central bank kept its policy rate unchanged at 5.5% Wednesday, in line with the expectations of economists polled by Reuters, as it assessed the impact of earlier cuts. Inflation moderated significantly in the first quarter, but growth could decelerate in the second half of the financial year due to global trade uncertainties, said Sanjay […]
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CNBC’s UK Exchange newsletter: AstraZeneca gets a shot on Wall Street
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch There is an old British saying about buses: you wait ages for one and then two arrive at once. Pharmaceuticals analysts experienced something similar on Monday as the big two U.K. drugmakers — GSK and AstraZeneca — […]
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Russia named a ‘permanent threat’ to Europe’s security as leaders discuss a ‘drone wall’
F-35 fighter jets of the Royal Netherlands Air Force in formation. Sopa Images | Lightrocket | Getty Images LUXEMBOURG – Europe is not at war with Russia, but it needs to take its threats seriously, Luxembourg’s head of state told CNBC Tuesday in an exclusive interview. A number of European nations have flagged new Russian […]
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Trump’s visa plan pushes H-1B ‘refugees’ to move elsewhere: ‘it made me feel like a second-class citizen’
Qian Zhang has lived in Lisbon since 2023. When Qian Zhang boarded a flight from Shanghai to Boston at age 18, she thought she was heading toward the “best version” of her life. It was 2009, during President Barack Obama’s first term, when the U.S. economy was rebounding and opportunities for well-educated workers seemed plentiful. […]
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