Asian markets rally, Nikkei nears 50K. US dollar hits 151 JPY. Cleveland-Cliffs jumps 21.5% on rare earth hopes.
Canadian firms see slight gains but hold back investment amid US tariffs. Recession fears rise to 33%. BoC rate cut odds near 77%.
Coal bids at 1.1 cents/ton, offshore wind halted, SMRs face cost risks, oil drops to $58-$62. Energy policy lacks coherent strategy.
SNAP benefits at risk for millions in Nov. due to shutdown; contingency funds may cover $187 avg. payment.
US indices rally +1-1.3% on eased trade tensions & strong China data. Gold & silver hit highs. Fed rate cut priced in.
Auto loan delinquencies hit 3.8%, up 50% in 15 yrs. Record car prices & rates strain borrowers. Riskier than credit cards!
Health insurance costs to jump 6-7% in 2026, double inflation. Expect $2.4K single/$8.9K family costs.
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