Citigroup gets Kremlin nod to sell Russian unit to Renaissance Capital. $13.5B exposure remains amid geopolitical risks.
NY Fed's Williams signals end of QT, bond buys to resume. Rate cut to 3.75%-4.00% amid inflation.
Peak Energy's 4.75 GWh sodium-ion deal with Jupiter Power, potentially $500M+, signals a new era in grid storage, challenging lithium's dominance.
Visa/MC settlement: 10bps fee cut for 5 yrs, 1.25% for 8 yrs. Merchants may deny premium cards, impacting rewards users.
Bitcoin holdings hit record $444B, but corporate buys slow to 14.5K BTC in Oct. Sector shifts to defense, awaits renewed appetite.
Crypto yield assets surge 300% post-GENIUS Act, but still only 8-11% of market vs. 55-65% in TradFi. Opportunity knocks!
Homebuyers defy rising rates! Mortgage demand hits Sept. highs, signaling resilience despite rate hikes.
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