💵 Dollar Reaction to September Inflation Data The U.S. dollar remained almost flat on Friday, following a brief dip triggered by softer-than-expected inflation data. The Consumer Price Index (CPI) rose 0.3% in September, slightly below economists’ forecast of 0.4%, while the year-on-year increase was 3.0% versus a forecast of 3.1%. “The headline was a bit…

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2025 🇺🇸 Economic Divide Deepens Across Corporate America U.S. companies are grappling with growing financial strain as the gap between affluent and lower-income consumers widens, reshaping spending habits and profitability across industries. Executives from leading brands like Coca-Cola, Procter & Gamble, Target, and O’Reilly Automotive have all noted a concerning trend — lower-income households are…

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Lazard Exceeds Q3 Profit Forecast as M&A and Asset Management Surge Lazard Surpasses Q3 Profit Estimates Amid Global Dealmaking Revival October 23, 2025 — Global financial advisory and asset management firm Lazard Ltd (NYSE: LAZ) outperformed Wall Street expectations for its third-quarter profit, driven by a sharp rebound in mergers and acquisitions (M&A) and record…

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MercadoLibre and Casas Bahia Announce Strategic Partnership to Boost E-Commerce in Brazil SAO PAULO, October 23, 2025 — Latin American e-commerce giant MercadoLibre (MELI.O) announced a new long-term commercial partnership with Brazilian retail leader Casas Bahia (BHIA3.SA) that will allow MercadoLibre to sell Casas Bahia’s products directly on its platform starting in November 2025. The…

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Eli Lilly and Cipla Join Forces to Launch New Weight-Loss Drug “Yurpeak” in India BENGALURU, October 23, 2025 — In a major development for India’s pharmaceutical and healthcare sectors, Eli Lilly and Company (LLY.N) has entered into a strategic partnership with Indian drugmaker Cipla Ltd. (CIPL.NS) to market its globally popular weight-loss and diabetes treatment…

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Rupee Trades in Tight Range Amid Mixed Market Forces MUMBAI, October 23, 2025 — The Indian rupee remained trapped in a narrow trading range on Thursday, as foreign equity inflows and dollar-selling by state-run banks balanced out importer hedging demand for the U.S. dollar. The local currency eventually closed marginally higher, continuing its recent pattern…

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Wall Street Futures Muted as Tesla and IBM Results Disappoint Investors NEW YORK, October 23, 2025 — U.S. stock futures were subdued on Thursday, as disappointing earnings from Tesla and IBM weighed on investor sentiment. Meanwhile, escalating U.S.-China trade tensions and a lack of key economic data due to the ongoing government shutdown added to…

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Atlas Copco’s Q3 Profit Dips Less Than Expected, Demand Seen Steady Short-Term STOCKHOLM, October 23, 2025 — Swedish industrial powerhouse Atlas Copco (ATCOa.ST) reported a slight decline in third-quarter profit on Thursday, though the results came in better than analysts expected. The company said that global customer demand remains stable in the short term, signaling…

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Swiss National Bank Maintains 0% Rate, Expresses Confidence in Inflation Outlook ZURICH, October 23, 2025 — The Swiss National Bank (SNB) remains confident that inflation will stay within its 0–2% target range, according to the minutes of its most recent monetary policy meeting released on Thursday. The central bank reiterated that there was no need…

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