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29 October 2026
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IMF Cuts 2026 Global Growth Outlook to 3% Amid Rising Oil Prices and Geopolitical Risks
Markets & Macro

IMF Cuts 2026 Global Growth Outlook to 3% Amid Rising Oil Prices and Geopolitical Risks

The IMF lowered its global economic growth forecast to 3% for 2026, citing the Iran conflict and surging oil prices despite productivity gains from AI investments.

China Considers Allowing Limited NVIDIA H200 Chip Sales to Domestic Tech Giants
Trade & Tariffs

China Considers Allowing Limited NVIDIA H200 Chip Sales to Domestic Tech Giants

China may lift its ban on NVIDIA’s H200 AI chips, permitting companies like Alibaba and ByteDance to acquire restricted quantities amid ongoing US export controls.

Federal Reserve Officials Disagree on Inflation Outlook and Policy Direction
Markets & Macro

Federal Reserve Officials Disagree on Inflation Outlook and Policy Direction

Recent Federal Reserve minutes reveal sharp divisions among policymakers regarding the future of U.S. inflation and the appropriate course for monetary policy.

EU Proposes More Gradual CO2 Cuts and Increased Free Permits in Carbon Market Reform
Energy & Climate

EU Proposes More Gradual CO2 Cuts and Increased Free Permits in Carbon Market Reform

The European Commission plans to slow CO2 reduction targets and expand free emissions permits for industry in an upcoming overhaul of the EU’s carbon trading system.

Rising Overseas Demand Pushes U.S. Fuel Reserves to Seasonal Lows Amid Global Tensions
Energy & Climate

Rising Overseas Demand Pushes U.S. Fuel Reserves to Seasonal Lows Amid Global Tensions

Record U.S. fuel exports driven by propane and diesel shipments strain reserves as conflict with Iran escalates and Russia halts diesel exports.

Adam Back’s Bitcoin Treasury Firm Seeks Revised Terms for SPAC Merger with Cantor
Crypto & Fintech

Adam Back’s Bitcoin Treasury Firm Seeks Revised Terms for SPAC Merger with Cantor

Bitcoin Standard Treasury Company has scrapped its original SPAC merger deal with Cantor Equity Partners, opting to negotiate terms that better align with current market conditions.

Bitcoin Retreats Below $62,000 as Traders Reduce Risk Ahead of Fed Minutes
Crypto & Fintech

Bitcoin Retreats Below $62,000 as Traders Reduce Risk Ahead of Fed Minutes

Bitcoin fell nearly 2% amid a global risk-off mood, driven by declines in semiconductor stocks and geopolitical tensions, ahead of the Federal Reserve’s meeting minutes release.

Google Photos Launches AI-Powered Video Remixing in New Create Tab
Big Tech

Google Photos Launches AI-Powered Video Remixing in New Create Tab

Google Photos introduces Video Remix, an AI-driven feature that transforms user videos into artistic styles, available to select AI subscribers via the new Create tab.

Trump Family’s Crypto Firm Considers Selling Its Payments Business Amid Declining Value
Crypto & Fintech

Trump Family’s Crypto Firm Considers Selling Its Payments Business Amid Declining Value

AI Financial, a payments company under Trump family’s World Liberty Financial, is in talks to sell its core operations to blockchain firm Perpetuals.com amid steep token losses and valuation drops.

Apple Tests Chinese CXMT Memory Chips Amid Strategic Push for Supply Stability
Trade & Tariffs

Apple Tests Chinese CXMT Memory Chips Amid Strategic Push for Supply Stability

Apple is evaluating Chinese-made CXMT memory chips for China-market devices while lobbying the U.S. government for approval amid global DRAM shortages and rising costs.