US House Speaker McCarthy says he does not think a debt limit deal will be agreed to today

International postal volumes to US down 81%. Frightful freight rate f***-up. Big earnings drag on international airline revenue.

Panda Bonds - China is preparing to reopen its domestic bond market to Russian energy firms, in a step that highlights the deepening financial and political partnership between Beijing and Moscow

SALT cap hike: Wealthy homeowners gain $4k tax break, others see no benefit. Real estate valuations may shift.

China eyes offshore RMB stablecoin to accelerate yuan internationalization, Supportive for RMB sentiment and regional FX proxies (AUD, KRW); longer-term challenge to dollar liquidity dominance.

OPEC+ to raise oil output in October as Saudi pushes market-share strategy. The group agreed to raise output by 137,000 barrels per day, down sharply from the larger hikes of recent months.

Trump family's crypto stake surges $1.3B+ on Bitcoin IPO; Eric Trump's net worth jumps. Traders eye mining firm's Nasdaq debut.

Detroit automakers gain billions as Trump eases EV rules; Ford saves $1.5B on credits, Tesla faces 40% profit risk.