News

The U.S. government shutdown reached its 10th day on October 10. Walt, who’s in charge of the White House Office of Management and Budget, shared on social media that federal workers are starting to be laid off.

Chinese scientists have made a big breakthrough in memory chip tech with their new "Changying" chip. It’s the first flash memory chip using a 2D-silicon hybrid setup, and it beats current technologies by a pretty wide margin.

The U.S. government shutdown has caused delays in important economic reports, and the $30 trillion Treasury market is likely headed for big swings. Traders are preparing for different possible moves by the Federal Reserve, and the uncertain quality of the data may make the market even more unpredictable.

Ukrainian President Zelenskyy said in his evening video on October 4 that he’s approved three new sanctions. These target Russian business people, the military manufacturing industry, and the oil sector.

Occidental Petroleum’s stock dropped as much as 7.5% on Thursday, making it one of the biggest losers in the S&P 500.

​When U.S. Secretary of Commerce Howard Lutnick makes comments that sound more like street gang talk—aimed at big regional players like India and Brazil—the pretend sense of a fair global trade system falls apart.