JPMorgan top economist says the Fed should cut rates by a half point this month

Key Points

JPMorgan’s top economist Michael Feroli believes the Federal Reserve should cut interest rates by a half point this month.
Traders are pricing in a 39% chance that the Fed’s target range for the federal funds rate will be lowered by a half percentage point, per the CME FedWatch Tool.
Feroli’s remarks come as August saw the weakest private payrolls growth in more than three-and-a-half years.

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Finance

There’s no Dow or S&P 500 for cryptocurrencies yet. Bitwise is getting a step closer with new ETF

December 9, 2025

Key Points The Bitwise 10 Crypto Index ETF (BITW) holds the following 10 digital assets: Bitcoin, ether, XRP, Solana, Chainlink, Litecoin, Cardano, Avalanche, Sui and Polkadot. This makes BITW the first ETF by a major crypto asset manager to include Cardano, Avalanche, Sui and Polkadot, Bitwise CEO and co-founder Hunter Horsley told CNBC. Source

Finance

Stocks making the biggest moves midday: Exxon, SLM, CVS, AutoZone, Ares, Staar Surgical and more

December 9, 2025

Check out the companies making the biggest moves midday: Gogo — The in-flight Wi-Fi provider dropped 10% after announcing an investment in satellite communications company Farcast . The terms were not disclosed in the announcement. Exxon Mobil — The oil giant jumped 2.7% after it updated its corporate plan through 2030. Exxon said it now […]

Finance

Fifth Third signs deal making fintech firm Brex the provider of its commercial cards

December 9, 2025

Key Points Fifth Third struck a deal with Brex to make the fintech firm the provider of its commercial cards and expense management tools for business clients. The program will run on Brex’s embedded payments platform and backed by AI tools. Fifth Third is in the process of acquiring Comerica, a deal expected to […]