Divided Fed holds key interest rate steady, defying Trump’s demands for aggressive cuts

Key Points

The Federal Open Market Committee voted 9-2 to keep the federal funds rate set in a range between 4.25%-4.5%.
The decision was met with opposition from governors Michelle Bowman and Christopher Waller, both of whom have advocated for the Fed to start easing. This was the first time since late 1993 that multiple governors cast no votes on a rate decision.
President Donald Trump has been pushing the central bank to cut the benchmark rate.

Source

Finance

Stocks making the biggest moves premarket: Trilogy Metals, Aehr Test Systems, Dollar Tree and more

October 7, 2025

Check out the companies making headlines before the bell. Trilogy Metals — U.S.-listed shares of the Canadian minerals explorer soared more than 222% after the White House said it would take a stake in the company . The Trump administration will invest $35.6 million in Trilogy as part of a new partnership, making the U.S. […]

NYSE-owner Intercontinental Exchange rises on report of billion Polymarket stake

Finance

NYSE-owner Intercontinental Exchange rises on report of $2 billion Polymarket stake

October 7, 2025

Key Points The deal is expected to value prediction Polymarket between $8 billion and $10 billion, the report said. The report comes as prediction markets become more mainstream. Source

Finance

World Bank raises China growth forecast to 4.8% despite U.S. trade tensions

October 7, 2025

Key Points The World Bank predicts China’s economy will grow by 4.8% this year. It had forecast 4% growth in April, when the U.S. briefly ramped up tariffs on Chinese imports to more than 100%. The bank projects China’s GDP growth to ease to 4.2% in 2026, partly due to a slowdown in exports growth. […]