Daily Market Recap (October 31st 2025)

These sources provide a wide-ranging overview of current affairs, financial markets, and business topics, all dated around late October 2025. Several articles address the ongoing U.S. government shutdown and its political implications, including President Trump calling for the Senate to abolish the filibuster and the resulting limbo for Affordable Care Act (ACA) subsidies, which threatens millions with massive premium increases. Other reports cover significant developments in the technology and AI sectors, noting that major tech companies are massively increasing capital expenditures on AI infrastructure, while other articles detail a new licensing deal between Getty Images and Perplexity AI and Exxon Mobil's advanced talks to power data centers with natural gas and carbon capture. Financial news includes the Federal Reserve's recent interest rate cut amidst mixed economic signals, the increase in maximum Social Security benefits due to a cost-of-living adjustment, and Affirm's $750 million loan deal with New York Life. Finally, articles touch on consumer and security issues, reporting on rising chocolate prices due to inflation and cocoa shortages, an FBI arrest in Michigan thwarting a potential terror attack, and a class action lawsuit alleging that the Trump administration and credit agencies harmed student loan borrowers' credit scores.

There are no comments yet.

Please log in to write the first comment.