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Bill Ackman AI Capex Call: Why He Backs the Hyperscalers
Bill Ackman AI capex view: Pershing Square says Big Tech’s $740B spending is offensive, not defensive. Key numbers inside.
WA TAB AUSTRAC Review: Money Laundering Fix Nears $11m
AUSTRAC’s two-year compliance assessment of Racing and Wagering WA has already pushed the TAB’s wagering costs up about $10.9 million in a year, mostly for anti-money laundering work. Here is what we know, how it compares with Perth Mint, Crown, Star, Tabcorp and Entain, and what it means for taxpayers and investors.
Bitcoin Kurs: Why Bitcoin Faces Bigger Price Swings Now
The Bitcoin Kurs is near CHF 64,000 as an $11 billion options expiry, the Fed, US data and the Binance hack set up bigger swings.
Fed Interest Rate Decision: Fed Holds at 3.75–4% as Hike Bets Grow
The Fed interest rate decision kept rates at 3.75% to 4% in a 10-2 vote. We explain the December hike odds, the Swiss franc, and how stocks reacted.
Canada Pension Plan 2027 Increase: What to Expect
Canadian retirees are in line for a larger Canada Pension Plan 2027 increase than they received this year. The Canada Pension Plan 2027 increase is shaping up to beat the 2% bump paid in January 2026, according to early analyst estimates, and it arrives alongside a separate change that lowers contribution rates for workers. Here…
Stock Market Today: Chip Stocks Plunge on AI Funding Worries
The stock market today is firmly in the red as a global rout in chip stocks deepens. Nvidia, AMD and Dell are leading the declines, with selling spreading from the United States across Asia as investors question whether the money behind the artificial-intelligence buildout will keep flowing. It is the kind of session that reminds…
Bezos Predicts AI Could Enable 3-Day Workweeks, Single-Income Families
Jeff Bezos says AI productivity could enable 3-day workweeks and single-income households. He told Fox News the technology is real but cautioned investors face uncertainty as capital flows to both good and bad ideas.
Trump Names Katie Zacharia as White House Press Secretary on October 9
Trump picks Katie Zacharia, a conservative commentator and Trump Media adviser, as the new White House press secretary on October 9, replacing Karoline Leavitt. Prediction market Kalshi is investigating suspicious bets placed before the announcement.
5-Year-Old Dies After Promethean Board Falls at Florida Elementary School
A 5-year-old boy died at Riviera Elementary School in Palm Bay after a 120-pound Promethean board fell on him. Brevard schools are now inspecting all mounted displays district-wide.