CITI: OCTOBER CPI, JOBS DATA MAY STILL BE RELEASED
Despite shutdown disruptions, Citi economists say October CPI and payrolls could still be published, though possibly less reliable than usual. Agencies may fill gaps with retrospective surveys and estimates. Citi expects soft labor data and sees the Fed cutting rates in December, January, and March.
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Hassett: 'We'll Never Actually Know for Sure What the Unemployment Rate Was in October'
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XAI RAISES $15B IN SERIES E ROUND - CNBC CITING SOURCES
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*HASSETT: SEPTEMBER JOBS REPORT HAS 'ALREADY BEEN COOKED'
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HASSETT: DON'T SEE MUCH OF AN ARGUMENT NOT TO CUT RATES
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HASSETT: WILL GET JOBS PART, NOT UNEMPLOYMENT RATE FOR ONE MONTH BECAUSE OF SHUTDOWN
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WHITE HOUSE ADVISER HASSETT ON ECONOMY: WILL BE MAKING RECOMMENDATIONS TO TRUMP ON HOUSING IN NEXT FEW WEEKS, MONTHS -FOX NEWS IINTERVIEW
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MERZ TELLS ZELENSKY FEWER YOUNG UKRAINIAN MEN SHOULD COME TO GERMANY
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FED'S HAMMACK SAYS WORRIED ABOUT THE LABOR MARKET: MARKETWATCH
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DISNEY SAYS ITS NEW ESPN STREAMING SERVICE HAS DONE 'EXTREMELY WELL,' BUT DOES NOT RELEASE NUMBERS -CONF CALL
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FED'S DALY: DON'T KNOW HOW PATIENT AI INVESTORS WILL BE TO WAIT THE DECADE NEEDED
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FED'S DALY: REALLY THINK THERE IS A PREMIUM ON WAITING TO DECIDE ON RATES UNTIL YOU HAVE AS MUCH INFORMATION
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FED'S DALY: WE STILL HAVE WORK TO DO TO BRING INFLATION DOWN TO 2%
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❖ U.S. Jobless Claims Due 8:30 a.m. ET Delayed Due to Government Shutdown
❖ U.S. October CPI Due 8:30 a.m. ET Delayed Due to Government Shutdown
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$HOOD - Robinhood Partners With Gopuff to Offer Cash-Delivery Service to Customers
Robinhood Offers to Bring Cash to Your Doorstep, for a Fee
Robinhood Will Make Cash-Delivery Service Available to Gold Clients
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HIDDEN HOMEOWNERSHIP COSTS NEAR $16,000 A YEAR
Owning a home now comes with nearly $16,000 in annual hidden costs, Zillow and Thumbtack report — about $1,325 a month beyond mortgage payments.
Typical yearly expenses include $10,946 for maintenance, $2,003 for insurance, and $3,030 for property taxes, up 4.7% from last year. Insurance premiums have surged 48% since 2020, outpacing the 3.8% rise in household incomes.
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U.S. STOCKS EXTEND FALL, NASDAQ DOWN 1.00 PCT
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*HASSETT: COULD GET SEPTEMBER JOBS REPORT NEXT WEEK
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*HASSETT: OCT. JOBS REPORT TO BE RELEASED WITH NO JOBLESS RATE
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HASSETT: EXPECT 1.5% LOWER GDP BECAUSE OF SHUTDOWN IN FOURTH QUARTER BECAUSE OF SHUTDOWN
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HASSETT ON 50-YEAR MORTGAGE: ONE OF MANY POLICIES BEING STUDIED
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USDA STARTS POSTING DATA DELAYED BY GOVERNMENT SHUTDOWN
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HAMMACK SAYS HAVE HIGH INFLATION STICKING AROUND: MARKETWATCH
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*GRAYSCALE INVESTMENTS INC . FILES FOR IPO
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FED'S DALY: WE HAVEN'T HEARD A LOT ABOUT NET JOB LOSSES FROM AI
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FED'S DALY: I TEND TO LEAN ON AI NOT BEING AKIN TO A TULIP BUBBLE
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FED'S DALY: THE LABOR MARKET HAS SLOWED QUITE A BIT
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FED'S DALY: UNCERTAINTY HAS COME DOWN QUITE A BIT IN U.S. ECONOMY
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TELEGRAM CEO PAVEL DUROV’S FRENCH TRAVEL BAN FULLY LIFTED BY INVESTIGATORS
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JPMORGAN TURNS BULLISH ON CIRCLE AND STABLECOINS
JPMorgan upgraded Circle to overweight from underweight and raised its price target to $100 from $94, signaling about 16% upside. Analyst Kenneth Worthington cited improving fundamentals and Circle’s strong third-quarter results.
Shares of Circle (CRCL) are up 178% from their $31 IPO price but remain 67% below June highs, which Worthington sees as a buying opportunity. He said stablecoins are moving further into mainstream finance, with Circle’s USDC leading the trend. Circle shares rose over 1% after the upgrade.
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