The company unveils the iPhone Duo at its latest event. The device unfolds to a 7.6-inch screen, the largest ever on an iPhone. It starts at $1,999 for the 256GB model.
New CEO John Ternus presents the phone as a major redesign. Apple says the hinge and software create a smoother experience than rival foldables. Preorders open October 16. The device ships October 23.
The launch marks Apple’s biggest design shift for the iPhone in nearly two decades. Markets watch how the high-end foldable performs against established competitors. $AAPLB $AAPL $AAPL.US #appledebutsfoldablephone
U.S. continuing jobless claims stand at 1.774 million.
The latest Labor Department data shows 1,774,000 people collected benefits in the week ending August 29. The figure edged down by 1,000 from the prior week and came in below the 1.78 million estimate.
Initial claims for the more recent week held near 206,000. Both readings remain at historically low levels. Layoffs stay rare and the labor market continues to show resilience.
The numbers reinforce a picture of steady employment even as other economic pressures build. Markets watch the data for signs of any shift $XAU $SOL $ETH
#SOXS Entry: $46.65 – $46.85 Stop Loss: $47.20 TP1: $46.10 TP2: $45.60 TP3: $44.95 Consolidating below the Supertrend resistance around $47.11.... strong rejection from $47.43 too. Short preferred while $47.10-47.20 keeps holding as resistance. Click here to Trade 👇️ $SOXSB
The European Central Bank lifts its key deposit rate by 25 basis points. The move takes the rate to 2.50% from 16 September. Main refinancing and marginal lending rates also rise.
Officials cite ongoing Middle East conflict and higher energy costs. Inflation is expected to stay well above the 2% target for an extended period. Staff now project 3.0% average inflation in 2026.
Growth forecasts edge higher on resilience. The Governing Council stresses it remains data-dependent and makes no commitment to a fixed path. $ETH $BTC $XRP #ETH #ecbraisesratessecondtimeto2.5%
Guys look at this bloodbath .... $IOST -42.97% $RVN -24.68% $XVG -21.14% humpty dumpty ..... these 3 just fell off a cliff IOST getting cut in HALF in one move? that's not a dip, that's a rug of sentiment 💀
RVN and XVG just draggin along for the ride everyone's account red today and panic selling into it but real talk.....
this is exactly the kind of chart that separates traders from bagholders
biggest bounces come right after the biggest humpty dumpty's not saying buy the falling knife ....
im saying watch how it reacts at these lows before u decide anything
manage ur risk what do u think, bottom forming or one more leg down?
The regulator grants accelerated approval to amend Rule 5711(d). Commodity-based trust shares can now hold up to 15% of net assets in digital commodities or certain securities that fall outside standard eligibility tests. At least 85% must still sit in qualifying cash, commodities or related assets.
The change also adds a formal digital commodity definition and drops the passive-management requirement. Actively managed products gain a clearer path under generic listing standards.
Sponsors of Bitcoin-heavy trusts gain more flexibility without losing streamlined listing access. The update aligns Nasdaq Texas with similar rules already approved for other exchanges. $BTC $ETH $XRP
U.S. August PPI rises less than expected in the core.
Producer prices climbed 0.4% in August, matching forecasts. The annual rate hit 5.4%. Core PPI, which excludes food and energy, rose just 0.2%. Economists had looked for a 0.3% increase.
Energy costs jumped 4.2% and powered most of the headline gain. Diesel prices surged sharply. Services prices stayed mild.
The softer core reading offers a mixed signal ahead of the Federal Reserve’s next decision. Markets weigh the data against ongoing energy pressures. $MET $FF $ETHFI #PPIData #usaugustppiriseslessthanexpected
U.S. Bank pilots its USBDC stablecoin. The fifth-largest U.S. commercial bank completes a live cross-border payment using its proprietary dollar-backed token. The transfer moves between bank entities in North America and Europe on the Stellar blockchain.
Officials test minting, redemption, freezing and clawback features. The pilot links traditional banking systems with public blockchain rails. CEO Gunjan Kedia says it speeds up global cash management.
The bank explores uses in treasury operations, liquidity and collateral. It ranks among the first major lenders to run a bank-issued stablecoin live on a public network.
The U.S. Treasury just said it will buy back up to $6 billion of long-dated bonds this week.
Yields climbed anyway. The 10-year hit 4.845%, its highest since late 2023. The two-year also jumped. Markets clearly shrugged off the move.
Bitcoin slipped back near $78,500. Stocks fell. Oil stayed strong above $101.
Treasury Secretary Bessent wanted lower long-term rates. Instead, the bond market pushed yields higher and called the bluff. A buyer who always steps in can actually invite more selling.