Fed’s Miran sees China trade tensions as a further reason for quick interest rate cuts

Key Points

Fed Governor Stephen Miran said the latest impasse in trade talks between the U.S. and China poses new dangers to the economic outlook and makes the case for rate cuts even more urgent.
Miran has advocated for another 1.25 percentage points in cuts on top of the quarter-point move the Federal Open Market Committee approved in September.

Source

Finance

Stocks making the biggest moves after hours: Novo Nordisk, Interactive Brokers, CSX and more

October 16, 2025

Check out the companies making headlines in after-hours trading. CSX Corporation — Shares of the railroad jumped 2% on the back of its strong quarterly results. CSX reported adjusted earnings of 44 cents per share on revenue of $3.59 billion for its third quarter, just beating analysts’ earnings expectations of 42 cents per share on […]

Finance

U.S. regulators toss out rules requiring banks to prepare for climate change

October 16, 2025

Key Points Regulators are doing away with controversial regulations that required banks to plan for losses in the event of climate-related events, according to an announcement Thursday. Trump administration officials have criticized the Fed for falling prey to mission creep, or exceeding the scope of its mandates for monetary policy and bank supervision. Source

Finance

Stocks making the biggest moves midday: Snap-on, Triumph Financial, Micron & more

October 16, 2025

Check out the companies making the biggest moves midday: Snap-on — The tool maker rose more than 3% after third-quarter earnings topped expectations, helped by a pick-up in demand from auto parts companies and repair shops. Snap-on earned $5.02 per share on revenue of $1.19 billion. Analysts were expecting the company to earn $4.64 per […]