NEW: 🇺🇸 US stocks are sliding amid trade war concerns, bank stock declines, and the ongoing government shutdown.
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NEW: 💰 Company Oracle Corp confirmed a cloud deal with company Meta Platforms Inc., reportedly contracting $65 billion in new cloud infrastructure commitments this quarter.
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NEW: ⚠️ S&P Global reported that tariff costs to companies this year will hit $1.2 trillion, with consumers absorbing most of the cost.
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NEW: ⚠️ Zions Bancorporation and Western Alliance shares fell after a major loan fraud disclosure, impacting bank stocks.
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NEW: 🇨🇳 China accused the US of causing panic over rare earth controls but stated it is open to discussions.
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NEW: 🇺🇸 US regulators withdrew proposed financial standards related to climate-related financial risk.
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NEW: 🇺🇸 President Donald Trump's unilateral spending cuts are complicating negotiations to resolve the government shutdown.
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NEW: 🇺🇸 A bill targeting funding for the US military failed a procedural vote in the Senate during the government shutdown.
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NEW: ⚠️ The meme coin market capitalization crashed by $28 billion as prices plunged 40% to July lows.
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NEW: 🇺🇸 President Donald Trump slammed the IMO's proposed global shipping carbon tax as a 'Global Green New Scam.'
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NEW: 🔥 Israel reports that the Houthis were dealt a “severe blow” after their military chief was killed.
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NEW: ⚠️ Three alleged bank frauds are sparking fears of broader systemic issues within the banking sector.
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NEW: ⚠️ A high-stakes feud over $84 million in FET tokens is threatening to dismantle the crypto Artificial Superintelligence (ASI) Alliance.
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NEW: 💰 Blue Owl sealed the largest ever private capital deal to fund company Meta Platforms Inc.'s AI growth initiatives.
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