Federal Reserve cuts interest rates by a quarter point

Key Points

The Federal Open Market Committee lowered its benchmark overnight borrowing rate by a quarter percentage point, or 25 basis points, to a target range of 4.50%-4.75%.
The vote was unanimous. Fed officials have justified the easing mode for policy as they view supporting employment becoming at least as much of a priority as arresting inflation.

Source

HSBC to recognize .1 billion provision in third quarter after court ruling in Madoff case

Finance

HSBC to recognize $1.1 billion provision in third quarter after court ruling in Madoff case

October 27, 2025

Key Points HSBC said on Monday that it will recognize a provision of $1.1 billion in its third quarter results. A Luxembourg court denied HSBC’s appeal in respect of Herald’s securities restitution claim. Source

Finance

Chinese rivals to Meta’s AI glasses are piling up. How Goldman is playing the trend

October 26, 2025

Source

Finance

Stocks making the biggest moves premarket: Intel, Ford, Deckers, P&G, Comfort Systems & more

October 24, 2025

Check out the companies making headlines before the opening bell : Intel — The chip stock surged more than 7% in premarket trading after the company reported better-than-expected revenue as demand for its core x86 processors for PCs recovered. Ford Motor — The Detroit automaker moved 4.2% higher following its third-quarter earnings beat . Ford’s […]