Lower Shoots Another

Trump has promised lower interest rates. That will be largely out of his control.

While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a range of factors largely outside of the president’s control.

Politics - NBC News - 4 days ago

Instacart’s weak outlook for the end of the year drags the stock lower

Instacart says sales are up 12%, but investors worry about weaker outlook and the prospect of cooling demand.

Business - MarketWatch - 3 days ago

Dada Nexus price target lowered to $4 from $4.50 at Mizuho

World - Yahoo News - 3 days ago

FirstFT: US companies rush to cash in on Trump market rally

Also in today’s newsletter, FTC targets Microsoft and Argentina cools on Paris climate accord

World - Financial Times - Yesterday

Alibaba’s stock turns lower as investments to meet AI demand hurt profitability

Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.

Business - MarketWatch - 19 hours ago

What could Trump do to lower grocery prices? Experts weigh in

Food prices have climbed more than 25% since President Joe Biden took office.

Biden Cancels Another $4.5 Billion in Student Debt

The executive decision will help 60,000 borrowers, bringing the total number of public service workers getting loan forgiveness to more than 1 million.

Business - Inc. - October 17

Trains and buses cancelled amid further disruption

Translink also issued warnings to commuters on Thursday evening as a result of heavy traffic.

Displaced Gazans Brace for Another Harsh Winter

After a year of war, at least one million people are facing months in the cold. Some said tents, blankets and warm clothes now qualified as luxuries.

World - The New York Times - October 24

Putin suffers another massive defeat, this time in Moldova

Russian President Vladimir Putin is resorting to bribery and propaganda in an attempt to prevent Moldova and Georgia from joining the European Union, but his efforts have so far been unsuccessful.

Politics - The Hill - October 24

On board the 18:31 to Aberystwyth as it smashed into another train

"Brace yourselves, we're going to hit another train" - one passenger relives fatal train crash.

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