October 2, 2025
Musk becomes first person to hit $500 billion net worth
Tesla CEO Elon Musk became the first person in history to achieve a net worth of nearly $500 billion, propelled by a rebound in the EV company’s shares and surging valuations of the tech entrepreneur’s other startups.
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October 1, 2025
Inflows into BTC ETFs total $240 million in September, stablecoins cross $295B
Inflows into Bitcoin exchange-traded funds totalled over $240 million in September, despite Bitcoin price slumping. Meanwhile, stablecoin growth isn’t slowing down. The total stablecoin market capitalization has surpassed $295 billion over the last month.
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October 1, 2025
Exxon to cut 2,000 jobs in restructuring hitting Canada and EU
Top U.S. oil major Exxon Mobil said it will lay off 2,000 workers globally, particularly in Canada and across the European Union, as part of a long-term restructuring plan that will affect about 3% to 4% of the company’s workforce.
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October 1, 2025
Wall Street indexes little changed as US government shutdown looms
Wall Street’s three major indexes were close to flat after weak economic data and ahead of a widely expected U.S. government shutdown, which would delay key economic reports as well as heighten investor anxiety about the Fed’s interest rate policy outlook.
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September 30, 2025
The dollar slid against yen
Dollar weakens after strong rally as US government shutdown looms. The dollar slid against yen and major currencies following a rally last week after stronger-than-expected U.S. economic data and ahead of a key nonfarm payrolls report that could offer further clues on the Federal Reserve’s policy path.
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September 30, 2025
Gold rises on rate-cut bets, US government shutdown fears
Gold prices surged past $3,800 an ounce for the first time, setting a new record as investors flocked to the safe-haven asset on U.S. rate cut expectations, fears of a potential government shutdown and escalating geopolitical tensions.
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