US Government Shutdown
The United States government is currently in the throes of a shutdown, commencing at 12:01 a.m. EDT on October 1, 2025, after a congressional impasse prevented the passage of appropriations legislation for the 2026 fiscal year. This fiscal stalemate has immediately plunged global financial markets into a state
Gold Prices
Gold prices have surged for an unprecedented seventh consecutive week, reaching near-record highs as of October 3, 2025. This remarkable rally, with spot gold trading between $3,859.69 and $3,885.73 per ounce and hitting an all-time peak of $3,896.49, underscores a deepening anxiety within financial
ISM Services PMI
New York, NY – October 3, 2025 – The U.S. services sector, a critical engine of economic growth, has hit a significant roadblock. According to the latest Institute for Supply Management (ISM) Services PMI report, released today, the sector registered a stagnant 50 percent in September, marking a precarious breakeven point
Technology
The technology sector, a dominant force in recent market rallies, experienced a significant downturn today, October 3, 2025, as the Nasdaq Composite (NASDAQ: COMP) retreated sharply, pulling down a broad array of tech stocks within the S&P 500 (NYSE: SPX). This underperformance signals a potential shift in investor
First Financial Bancorp
Cincinnati, OH – October 3, 2025 – First Financial Bancorp (NASDAQ: FFBC) has recently experienced a notable uptick in its stock performance, signaling robust financial health and bolstering investor confidence. This positive momentum, culminating in a recent boost following an analyst price target increase, is setting a clear course for the regional
Financial Markets
Columbus, Ohio, and Dallas, Texas – October 3, 2025 – Huntington Bancshares Incorporated (NASDAQ: HBAN) and Veritex Holdings, Inc. (NASDAQ: VBTX) have officially received all necessary regulatory approvals for their proposed merger, marking a significant milestone in Huntington's strategic expansion into the burgeoning Texas market. The green light from the
First Hawaiian
Honolulu, HI – October 3, 2025 – Investors are keenly awaiting the Third Quarter 2025 financial results from First Hawaiian, Inc. (NASDAQ: FHB), scheduled for release on October 24, 2025. While the numbers are still weeks away, market participants are already scrutinizing analyst projections and past performance to gauge the potential implications
PFLT
PennantPark Floating Rate Capital Ltd. (NYSE: PFLT), a prominent Business Development Company (BDC), is poised to release its Fourth Fiscal Quarter 2025 earnings report, an event that has investors keenly anticipating insights into the company's financial health and, more critically, the sustainability and future trajectory of its dividend
RLI
As the financial calendar turns to the third quarter of 2025, all eyes in the specialty insurance sector are on RLI Corp. (NYSE: RLI), a stalwart known for its consistent performance and remarkable dividend history. The company is set to release its Q3 2025 earnings after market close on Monday,
Safe Bulkers
Piraeus, Greece – October 3, 2025 – Safe Bulkers, Inc. (NYSE: SB), a prominent international provider of marine dry bulk transportation services, has once again affirmed its commitment to its preferred shareholders by declaring a cash dividend of $0.50 per share on both its Series C and Series D Cumulative Redeemable
Federal Reserve
Federal Reserve Bank of Dallas President Lorie Logan delivered a stark warning on October 2nd and reiterated it today, October 3rd, 2025, emphasizing the paramount importance of tackling persistent inflation and urging extreme caution regarding any further interest rate reductions. Her remarks signal a firm commitment within a segment of
Federal Reserve
Federal Reserve Vice Chair Philip N. Jefferson delivered a pivotal address today, October 3, 2025, at the inaugural Drexel Economic Forum, outlining a U.S. economy experiencing a noticeable moderation in growth and a softening labor market. His speech, titled "U.S. Economic Outlook and the Fed's