Social Security COLA hike for 2026 official, but retirees say it's not enough. Tax cap changes loom.
Fed split: Rate cut risks vs. inflation fears. Some see 0.25% cut as insurance, others push for 0.50%. Markets watch.
Nikkei moons 2.1%, Hang Seng up 0.97%. Industrials dip 0.47%, Nasdaq gains 0.46%. Traders eye mixed global signals.
Ether fell below $3,600 after a $100 million Balancer hack deepened selling in digital assets already pressured by macro and policy headwinds. The token is now 25% below its August peak as traders absorb Fed caution and fading risk appetite.
Ripple buys Palisade, boosting custody capacity. XRP trades at $2.30, down 38% from ATH, market cap $140.5B.
UBS sees equity bull market extending despite Fed uncertainty and high valuations
AUD, ASX and Aussie bond traders heads up - it's a partial holiday in Australia today. Markets will be open and trading in Australia today but interest and liquidity will thin out markedly as everyone celebrates a horse race.
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