{"id":93786,"date":"2025-09-30T02:07:14","date_gmt":"2025-09-30T02:07:14","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/93786\/"},"modified":"2025-09-30T02:07:14","modified_gmt":"2025-09-30T02:07:14","slug":"major-stock-indexes-close-higher-safe-haven-gold-surges-to-record-ahead-of-govt-shutdown-deadline","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/93786\/","title":{"rendered":"Major Stock Indexes Close Higher; Safe-Haven Gold Surges to Record Ahead of Govt. Shutdown Deadline"},"content":{"rendered":"<p><strong>Biggest S&amp;P 500 Movers on Monday<\/strong><\/p>\n<p>4 hr 25 min ago<\/p>\n<p id=\"mntl-sc-block_10-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> <strong>Advancers<\/strong>\n<\/p>\n<ul id=\"mntl-sc-block_11-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\">\n<li><strong>Robinhood Markets<\/strong> (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=hood\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">HOOD<\/a>) shares surged over 12% to close at an all-time high and secure the top performance in the S&amp;P 500 on Monday. CEO Vlad Tenev shared a social media post showing that the brokerage platform operator surpassed 4 billion event contracts traded on its prediction markets. Piper Sandler analysts had cited prediction markets growth when they boosted their price target on Robinhood&#8217;s stock last week.<\/li>\n<li>Shares of <strong>Western Digital<\/strong> (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=wdc\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">WDC<\/a>) rose 9.2% after analysts at Morgan Stanley and Rosenblatt Securities\u00a0<a href=\"https:\/\/www.investopedia.com\/hard-drive-stocks-are-surging-these-analysts-think-the-good-times-can-continue-11820369\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">lifted their price targets<\/a>\u00a0for the data storage stock, pointing to growing demand for hard drives to support artificial intelligence. The research firms also raised their price targets for shares of Seagate Technology (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=stx\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"4\" rel=\"nofollow noopener\" target=\"_blank\">STX<\/a>), which added 5.3%.<\/li>\n<li>Shares of <strong>Coinbase Global <\/strong>(<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=coin\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"5\" rel=\"nofollow noopener\" target=\"_blank\">COIN<\/a>), operator of the largest U.S. crypto exchange, gained 6.8% as the price of bitcoin (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=btcusd\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"6\" rel=\"nofollow noopener\" target=\"_blank\">BTCUSD<\/a>) and other major cryptocurrencies moved higher. In comments last week, Hester Peirce, a commissioner on the Securities and Exchange Commission, advocated for increased regulatory clarity around crypto that could help drive industry growth.<\/li>\n<li>Shares of<strong> AppLovin<\/strong> (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=app\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"7\" rel=\"nofollow noopener\" target=\"_blank\">APP<\/a>), a provider of marketing and monetization tools for mobile app developers, jumped 6.3% to a record high after Morgan Stanley raised its price target on the stock. Analysts highlighted the upcoming soft launch of AppLovin&#8217;s Axon Ads Manager, a platform intended for nongaming advertisers, suggesting the rollout could help drive momentum outside the gaming business.<\/li>\n<\/ul>\n<p id=\"mntl-sc-block_12-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> <strong>Decliners<\/strong>\n<\/p>\n<ul id=\"mntl-sc-block_13-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\">\n<li>Companies in the furniture business faced pressure after President Donald Trump said he\u00a0<a href=\"https:\/\/www.investopedia.com\/trump-s-new-furniture-tariffs-are-lifting-some-stocks-dragging-down-others-11819337\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">plans to impose significant tariffs on imported furniture<\/a>. Although details remain uncertain about how the levies might be implemented, the news had a negative impact on businesses that import a large proportion of their products. Shares of <strong>Williams-Sonoma<\/strong> (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=wsm\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">WSM<\/a>), parent of numerous home goods brands, sank 4.7%, losing the most of any stock in the S&amp;P 500.<\/li>\n<li>Utility company <strong>Vistra<\/strong> (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=vst\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">VST<\/a>) announced via a regulatory filing that it has signed an agreement with an undisclosed buyer to supply power from its Comanche Peak nuclear facility in Texas. A lack of information about the customer and other details raised concerns from some analysts, and shares slipped 4.5% following the news.<\/li>\n<li><strong>Carnival <\/strong>(<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=ccl\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"4\" rel=\"nofollow noopener\" target=\"_blank\">CCL<\/a>) shares sank 4% after the cruise operator reported its quarterly results. Although the company topped revenue and adjusted profit forecasts, highlighting strong bookings, Carnival issued a\u00a0<a href=\"https:\/\/www.investopedia.com\/carnival-says-cruise-bookings-are-strong-its-stock-slides-anyway-11820258\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"5\" rel=\"nofollow noopener\" target=\"_blank\">lower-than-expected forecast<\/a>\u00a0for net yields, a gauge of revenue from passengers after commissions and other costs per cruise day.<\/li>\n<\/ul>\n<p id=\"mntl-sc-block_14-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/contributors\/58207\/\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Michael Bromberg<\/a>\n<\/p>\n<p><strong>Energy Was Worst-Performing Sector in S&amp;P 500 Monday <\/strong><\/p>\n<p>6 hours ago<\/p>\n<p id=\"mntl-sc-block_15-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> By far the poorest performance of any sector in the S&amp;P 500 Monday was that of energy shares.\n<\/p>\n<p id=\"mntl-sc-block_16-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The S&amp;P 500 Energy Sector declined 1.9% in the first trading day of the week. Communication Services (down 0.5%) was the only other sector of the 11 tracked that finished in the red Monday.\n<\/p>\n<p id=\"mntl-sc-block_17-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Devon Energy (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=DVN\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">DVN<\/a>), Diamondback Energy (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=fang\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">FANG<\/a>), ConocoPhillips (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=cop\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">COP<\/a>), and ExxonMobil (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=xom\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"4\" rel=\"nofollow noopener\" target=\"_blank\">XOM<\/a>) all were among the list of top S&amp;P 500 decliners today.\n<\/p>\n<p><strong>Etsy, Shopify Shares Surge on OpenAI Launches &#8216;Instant Checkout&#8217; for ChatGPT<\/strong><\/p>\n<p>7 hr 6 min ago<\/p>\n<p id=\"mntl-sc-block_19-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> OpenAI announced a new ChatGPT feature Monday. Etsy and Shopify shares are surging in response.\n<\/p>\n<p id=\"mntl-sc-block_20-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Shares of Etsy (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=etsy\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">ETSY<\/a>) and Shopify (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=shop\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">SHOP<\/a>) jumped roughly 14% and 6%, respectively, with about an hour to go in the session after OpenAI launched an &#8220;Instant Checkout&#8221; feature that will allow U.S. ChatGPT Plus, Pro, and Free users to &#8220;buy directly from U.S. Etsy sellers right in chat, with over a million Shopify merchants, like Glossier, SKIMS, Spanx and Vuori, coming soon.&#8221;\n<\/p>\n<p id=\"mntl-sc-block_21-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> OpenAI added that &#8220;today, Instant Checkout supports single-item purchases. Next, we\u2019ll add multi-item carts and expand merchants and regions.&#8221;\n<\/p>\n<p id=\"mntl-sc-block_22-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Etsy and Shopify shares both are up nearly 40% this year.<\/p>\n<p>TradingView<\/p>\n<p><strong>How a US Government Shutdown Could Affect The Economy<\/strong><\/p>\n<p>7 hr 22 min ago<\/p>\n<p id=\"mntl-sc-block_24-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> With Republicans and Democrats at an impasse over funding the federal government, a partial shutdown this week looks more likely than not.<\/p>\n<p>On Monday, President Donald Trump was set to meet with lawmakers from both parties to negotiate an agreement to keep the government running, according to reports from several outlets, but expectations for success were low.\u00a0Gamblers were recently pricing in 72% odds of a shutdown on Oct. 1, according to betting website Polymarket.\n<\/p>\n<p id=\"mntl-sc-block_25-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Should the negotiations fail, many government functions would cease at 12:01 a.m ET Wednesday though some, including the military and Social Security, would continue to operate.\u00a0The impact on the economy and financial markets could be significant, especially if it drags on for weeks or more, economists said.\u00a0\n<\/p>\n<p id=\"mntl-sc-block_26-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Read the full article <a href=\"https:\/\/www.investopedia.com\/how-a-us-government-shutdown-could-affect-the-economy-11820557\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.\n<\/p>\n<p id=\"mntl-sc-block_27-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/diccon-hyatt-7100294\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Diccon Hyatt<\/a>\n<\/p>\n<p><strong>Here&#8217;s Why Morgan Stanley Analysts Downgraded Novo Nordisk&#8217;s Stock<\/strong><\/p>\n<p>7 hr 22 min ago<\/p>\n<p id=\"mntl-sc-block_28-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> An analyst&#8217;s concerns about demand for Novo Nordisk\u2019s blockbuster weight-loss drugs is weighing on the drugmaker&#8217;s shares to start the week.\n<\/p>\n<p id=\"mntl-sc-block_29-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> <a href=\"https:\/\/www.investopedia.com\/terms\/a\/adr.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">U.S.-listed shares<\/a>\u00a0of Novo Nordisk (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=NVO\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">NVO<\/a>) slid in recent trading following a downgrade from Morgan Stanley, which raised concerns about demand for the company&#8217;s GLP-1 drugs Ozempic and Wegovy, as well as their effectiveness in fighting Alzheimer\u2019s disease.\n<\/p>\n<p id=\"mntl-sc-block_30-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The bank dropped its rating to \u201c<a href=\"https:\/\/www.investopedia.com\/terms\/u\/underweight.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">underweight<\/a>\u201d from \u201cequal weight,\u201d and lowered the price target to $47 from $59. The stock was recently down less than 1% to below $55, slightly extending year-to-date declines.\n<\/p>\n<p> Morgan Stanley analysts have downgraded Novo Nordisk\u2019s stock, pointing in part to falling sales of weight-loss drugs Ozempic and Wegovy.<\/p>\n<p>Steve Christo &#8211; Corbis \/ Corbis via Getty Images<\/p>\n<p id=\"mntl-sc-block_32-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Morgan Stanley wrote in a note to clients that \u201cprescriptions for Ozempic and Wegovy have been stagnating in the US; we forecast a decline in the US GLP-1 diabetes franchise in 2026 due to market share and price pressure, and we expect Ozempic ex-US growth to be impacted by the first generic competition in Canada and emerging markets.\u201d\n<\/p>\n<p id=\"mntl-sc-block_33-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The analysts said that they believe the results of trials of Novo Nordisk\u2019s GLP-1 treatments for Alzheimer\u2019s disease coming in the next few week will likely fall short of showing statistically significant outcomes.\n<\/p>\n<p id=\"mntl-sc-block_34-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Read the full article <a href=\"https:\/\/www.investopedia.com\/here-s-why-morgan-stanley-analysts-downgraded-novo-nordisk-s-stock-11820297\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.\n<\/p>\n<p id=\"mntl-sc-block_35-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/bill-mccoll-5186338\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Bill McColl<\/a>\n<\/p>\n<p><strong>Hard Drive Stocks Are Surging. These Analysts Think the Good Times Can Continue<\/strong><\/p>\n<p>7 hr 52 min ago<\/p>\n<p id=\"mntl-sc-block_36-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> It\u2019s been a\u00a0<a href=\"https:\/\/www.investopedia.com\/some-of-the-biggest-ai-winners-of-2025-are-data-storage-stocks-11810531\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">good year<\/a>\u00a0for investors in data storage stocks. Morgan Stanley analysts say\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/a\/artificial-intelligence-ai.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">artificial intelligence<\/a>\u00a0could make it even better.\n<\/p>\n<p id=\"mntl-sc-block_37-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The bank&#8217;s analysts over the weekend boosted their price targets and forecasts for hard drive makers Western Digital (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=WDC\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">WDC<\/a>) and Seagate Technology (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=STX\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">STX<\/a>), anticipating &#8220;stronger for longer&#8221; demand driven by cloud infrastructure spending and growing data retention needs to support AI.\n<\/p>\n<p>Piotr Swat \/ SOPA Images \/ LightRocket \/ Getty Images<\/p>\n<p id=\"mntl-sc-block_39-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Western Digital, which Morgan Stanley said remains a &#8220;top pick&#8221; after recent discussions with management, were up over 9% around $116 in recent trading, on track to close at an all-time high. Shares of Seagate were up about 5% around $227, less than 1% off last week&#8217;s record close.\n<\/p>\n<p id=\"mntl-sc-block_40-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Both stocks have more than doubled in value since the start of the year, propelling them into the ranks of the best-performing stocks in the S&amp;P 500 for 2025.\n<\/p>\n<p id=\"mntl-sc-block_41-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Morgan Stanley sees further gains ahead, lifting its target for Western Digital to a new Street high of $171 from $99, and Seagate\u2019s to $265 from $168, suggesting upside of 60% and 22% from Friday&#8217;s closing levels, respectively.\n<\/p>\n<p id=\"mntl-sc-block_42-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/bill-mccoll-5186338\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Bill McColl<\/a>\n<\/p>\n<p><strong>Social Security Is Modernizing. Here&#8217;s How The Latest Changes Could Affect Users<\/strong><\/p>\n<p>8 hr 22 min ago<\/p>\n<p id=\"mntl-sc-block_43-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The Social Security Administration is implementing changes to its service it says will improve efficiency and strengthen the program. Some advocates worry that beneficiaries will be left behind.\n<\/p>\n<p id=\"mntl-sc-block_44-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The changes prioritize a digital approach, including\u00a0<a href=\"https:\/\/www.investopedia.com\/physical-social-security-checks-are-ending-soon-what-beneficiaries-need-to-know-about-the-upcoming-change-11811347\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">ending physical benefits checks<\/a>, redirecting\u00a0<a href=\"https:\/\/www.investopedia.com\/nearly-every-us-state-has-lost-social-security-field-office-staff-this-year-11789052\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">field office staff<\/a>\u00a0to help support the agency\u2019s 800 number, enabling digital Social Security number access, and adding a chatbot to answer questions.\u00a0The Social Security Administration says its changes will make the SSA easier to access, faster to respond, and better prepared to \u201cmeet the challenges of tomorrow.\u201d\n<\/p>\n<p>Saul Loeb \/ AFP \/ Getty Images<\/p>\n<p id=\"mntl-sc-block_46-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Advocates, however, worry that the changes will instead make the agency\u2014on which more than 70 million people rely for its benefits each month\u2014inaccessible for those who lack computer skills or reliable internet. Modernization, they argue might not be practical for older beneficiaries who have accessed their benefits and asked questions the same way for years.\n<\/p>\n<p id=\"mntl-sc-block_47-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Advocates&#8217; concerns are less about the need for or benefits of modernization than the worry that changes will happen too fast for the people who rely on Social Security to keep up. Nonpartisan seniors group The Senior Citizens League, or TSCL, estimates that nearly 22 million seniors\u00a0<a href=\"https:\/\/www.investopedia.com\/projected-increase-in-cola-next-year-isn-t-enough-for-retirees-says-one-advocate-11794186\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">live solely off their Social Security benefits<\/a>.\n<\/p>\n<p id=\"mntl-sc-block_48-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> \u201cBaby steps are needed,&#8221; said Shannon Benton, TSCL&#8217;s executive director. &#8220;Too many seniors are scared right now.&#8221;\n<\/p>\n<p id=\"mntl-sc-block_49-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Read the full article <a href=\"https:\/\/www.investopedia.com\/social-security-is-modernizing-here-s-how-the-latest-changes-could-affect-users-11815419\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.\n<\/p>\n<p id=\"mntl-sc-block_50-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/jordyn-bradley-8789128\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Jordyn Bradley<\/a><\/p>\n<p><strong>Robinhood Paces S&amp;P 500 as CEO Says Company Crossed 4B Event Contracts Threshold<\/strong><\/p>\n<p>9 hr 8 min ago<\/p>\n<p id=\"mntl-sc-block_51-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Robinhood Markets (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=HOOD\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">HOOD<\/a>) shares are continuing on their upward trajectory Monday.\n<\/p>\n<p id=\"mntl-sc-block_52-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The stock was up nearly 9% in early afternoon trading to pace the S&amp;P 500 after after CEO Vlad Tenev wrote in an X post that &#8220;Robinhood Prediction Markets just crossed 4 billion event contracts traded all-time, with over 2 billion in Q3 alone.&#8221;\n<\/p>\n<p id=\"mntl-sc-block_53-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Robinhood shares have surged 27% this month and more than 250% this year, even though they were negative for 2025 through early April.\n<\/p>\n<p>TradingView<\/p>\n<p><strong>CSX Stock Rises as Rail Transportation Company Replaces CEO<\/strong><\/p>\n<p>10 hr 40 min ago<\/p>\n<p id=\"mntl-sc-block_55-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> CSX (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=CSX\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">CSX<\/a>) was one of the top-performing stocks in the S&amp;P 500 and Nasdaq in late-morning trading after the rail transportation company named a new CEO.\n<\/p>\n<p id=\"mntl-sc-block_56-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The Jacksonville, Fla.-based firm said Steve Angel had replaced Joe Hinrichs, effective yesterday. Angel served as CEO of Praxair from 2007-2018, then became CEO of the combined company with Linde for four years after they merged in 2018, CSX said. Angel, who was named the firm&#8217;s Chair in 2022, intends to retire from Linde\u2019s board in January 2026.\n<\/p>\n<p id=\"mntl-sc-block_57-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Shares advanced 3% but have gained just 9% year-to-date, trailing the S&amp;P&#8217;s 13% rise and the Nasdaq&#8217;s 17% advance.\n<\/p>\n<p>TradingView<\/p>\n<p><strong>Some Student Loan Borrowers Could Face Giant Tax Bill if Govt. Doesn\u2019t Take Action Soon<\/strong><\/p>\n<p>11 hr 6 min ago<\/p>\n<p id=\"mntl-sc-block_59-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Some federal student loan borrowers could face a surprisingly large 2026 tax bill if they don&#8217;t receive their loan forgiveness by the end of this year.\n<\/p>\n<p id=\"mntl-sc-block_60-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Several months ago, the Department of Education temporarily paused loan forgiveness under all income-driven repayment plans to comply with a\u00a0<a href=\"https:\/\/www.investopedia.com\/student-loan-repayment-plan-save-block-upheld-11681608\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">court ruling<\/a>\u00a0from earlier this year. Borrowers who should have received their forgiveness this year\u00a0<a href=\"https:\/\/www.investopedia.com\/borrowers-are-frustrated-with-student-loan-forgiveness-pause-11799125\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">anxiously await its resumption<\/a>, hoping it will come before they are taxed on it.\n<\/p>\n<p id=\"mntl-sc-block_61-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Typically, student loan borrowers can get the remainder of their loans discharged after 20 or 25 years of qualifying payments under an income-driven repayment plan. This year, however, many borrowers have not received their forgiveness, although they have already met the required number of payments.\n<\/p>\n<p>Julie Bang \/ Investopedia<\/p>\n<p id=\"mntl-sc-block_63-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Borrowers are running out of time, because a temporary tax rule created by former President Joe Biden allowing forgiveness to be tax-free is set to end after 2025.\n<\/p>\n<p id=\"mntl-sc-block_64-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The way the tax rule is currently written, borrowers whose forgiveness is processed in 2026 or later\u2014even if they reached their required payments in 2025\u2014will have to pay taxes on the amount that was forgiven.\n<\/p>\n<p id=\"mntl-sc-block_65-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Read the full article <a href=\"https:\/\/www.investopedia.com\/some-student-loan-borrowers-could-face-a-giant-tax-bill-if-the-government-doesnt-take-action-soon-11805919\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.\n<\/p>\n<p id=\"mntl-sc-block_66-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/elizabeth-guevara-8668187\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Elizabeth Guevara<\/a>\n<\/p>\n<p><strong>Electronic Arts Is Going Private in a $55 Billion Deal<\/strong><\/p>\n<p>11 hr 27 min ago<\/p>\n<p id=\"mntl-sc-block_67-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> One of the biggest video-game companies around is going private.\n<\/p>\n<p id=\"mntl-sc-block_68-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Shares of Electronic Arts (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=EA\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">EA<\/a>) jumped in morning trading after the video game maker agreed to be purchased by a consortium for $55 billion in cash. The company said the buyers, the Saudi Public Investment Fund and\u00a0<a href=\"https:\/\/www.investopedia.com\/articles\/financial-careers\/09\/private-equity.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">private equity<\/a>\u00a0firms Silver Lake and Jared Kushner&#8217;s Affinity Partners, will pay $210 per share, an 8.6% premium from Friday\u2019s closing price. The transaction is expected to close in the spring.\u00a0\n<\/p>\n<p id=\"mntl-sc-block_70-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Shares of EA had been rising lately following a report last week that the company would be sold, which sent shares up nearly 15% on Friday. The stock was recently up nearly 5% to around $203.\n<\/p>\n<p id=\"mntl-sc-block_71-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The deal takes another big video-game stock out of the arcade known as the stock market. Microsoft (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=msft\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">MSFT<\/a>) acquired Activision Blizzard in late 2023 after overcoming regulatory hurdles. Take-Two Interactive (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=ttwo\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">TTWO<\/a>), known for the &#8220;Grand Theft Auto&#8221; series, remains public; its shares were up a big less than 1% in recent trading.\n<\/p>\n<p id=\"mntl-sc-block_72-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Read the full article <a href=\"https:\/\/www.investopedia.com\/electronic-arts-is-going-private-in-a-usd55-billion-deal-11820288\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.\n<\/p>\n<p id=\"mntl-sc-block_73-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/bill-mccoll-5186338\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Bill McColl<\/a>\n<\/p>\n<p><strong>Intel Levels to Watch After Stock Surged 20% Last Week<\/strong><\/p>\n<p>11 hr 45 min ago<\/p>\n<p id=\"mntl-sc-block_74-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Intel (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=INTC\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">INTC<\/a>) shares remain in the spotlight after soaring last week amid investor optimism that the embattled chipmaker could secure additional investments.\n<\/p>\n<p id=\"mntl-sc-block_75-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The stock gained 20% last week and has risen more than 40% since the start of the month, boosted recently by reports that the chipmaker is soliciting investments from Apple (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=AAPL\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">AAPL<\/a>) and Taiwan Semiconductor Manufacturing Co. (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=TSM\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">TSM<\/a>). Intel earlier this month receiving a\u00a0<a href=\"https:\/\/www.investopedia.com\/nvidia-bets-big-on-intel-with-usd5b-investment-11812508\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">$5 billion pledge<\/a>\u00a0from AI Favorite Nvidia (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=NVDA\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"4\" rel=\"nofollow noopener\" target=\"_blank\">NVDA<\/a>), which came not long after the U.S. government announced it had taken a\u00a0<a href=\"https:\/\/www.investopedia.com\/trump-strikes-deal-giving-us-government-10-percent-stake-in-intel-11796059\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"5\" rel=\"nofollow noopener\" target=\"_blank\">10% stake in the company<\/a>.\n<\/p>\n<p id=\"mntl-sc-block_76-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Analysts say they anticipate\u00a0<a href=\"https:\/\/www.investopedia.com\/why-would-anyone-bet-against-intel-red-hot-stock-right-now-update-11817591\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">new developments on the investment front spurring more gains for the stock in the near term<\/a>, though cautioned they still have concerns about the company&#8217;s fundamentals. Intel shares were down 4% at around $34 in the opening minutes of Monday&#8217;s session.\n<\/p>\n<p> Source: TradingView.com.<\/p>\n<p id=\"mntl-sc-block_78-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Since breaking out above a multi-month\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/t\/tradingrange.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">trading range<\/a>\u00a0earlier this month, Intel shares have continued to trend sharply higher and closed above the closely watched 200-week moving average last week.\u00a0\n<\/p>\n<p id=\"mntl-sc-block_79-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Importantly, the stock\u2019s recent advance has occurred on above-average\u00a0<a href=\"https:\/\/www.investopedia.com\/ask\/answers\/041015\/why-trading-volume-important-investors.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">trading volume<\/a>, raising the prospect of follow-through buying.\n<\/p>\n<p id=\"mntl-sc-block_80-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Meanwhile, the\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/r\/rsi.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">relative strength index<\/a>\u00a0confirms bullish price momentum, though the indicator sits in\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/o\/overbought.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">overbought<\/a>\u00a0territory near a reading that marked local tops in the stock in January 2020 and December 2023.\n<\/p>\n<p id=\"mntl-sc-block_81-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Read the full technical analysis piece <a href=\"https:\/\/www.investopedia.com\/watch-these-intel-price-levels-after-stock-surged-20-percent-last-week-11820262\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.\n<\/p>\n<p id=\"mntl-sc-block_82-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/contributors\/54411\/\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Timothy Smith<\/a><\/p>\n<p><strong>Why So Many Americans Are Looking for a Side Gig Right Now<\/strong><\/p>\n<p>12 hr 27 min ago<\/p>\n<p id=\"mntl-sc-block_83-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Household budgets are strained, and many Americans are considering second jobs to keep up.\n<\/p>\n<p id=\"mntl-sc-block_84-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Prices have been rising for years,\u00a0<a href=\"https:\/\/www.investopedia.com\/cpi-report-inflation-august-11807912\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">pushed higher by inflation<\/a>. More recently,\u00a0<a href=\"https:\/\/www.investopedia.com\/beige-book-paints-picture-of-economy-squeezed-by-tariffs-11802913\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">tariffs are lifting prices<\/a>\u00a0even further. To cope, almost two-thirds of currently employed Americans are looking to get a second job in the next year, according to a survey of 2,000 adults conducted by the American Staffing Association.\n<\/p>\n<p> Many Americans are taking on second jobs, like ride-share driving, to keep up with inflation.<\/p>\n<p>andresr\/Getty Images<\/p>\n<p id=\"mntl-sc-block_86-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Parents in particular are more likely to branch out and seek a second job, the survey found. Three-quarters of parents with minor children say they are likely to get a side gig in the next year, compared to 55% of adults without.\n<\/p>\n<p id=\"mntl-sc-block_87-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> \u201cA side hustle can be a good way to build savings, pay off debt, find a new job, or change careers,&#8221; said Richard Wahlquist, chief executive officer at the American Staffing Association, in a press release. &#8220;For others, a side hustle means having enough money to make ends meet.&#8221;\n<\/p>\n<p id=\"mntl-sc-block_88-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Read the full article <a href=\"https:\/\/www.investopedia.com\/why-so-many-americans-are-looking-for-a-side-gig-right-now-11809222\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.\n<\/p>\n<p id=\"mntl-sc-block_89-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/elizabeth-guevara-8668187\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Elizabeth Guevara<\/a>\n<\/p>\n<p><strong>Next Fed Meeting: When It Is In October And What To Expect<\/strong><\/p>\n<p>13 hr 38 min ago<\/p>\n<p id=\"mntl-sc-block_90-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The Federal Reserve&#8217;s policy committee meets next on Oct. 28 and 29, and policymakers are widely expected to cut the central bank&#8217;s key interest rate to lower borrowing costs and prevent the shaky job market from collapsing.\n<\/p>\n<p>Sha Hanting \/ China News Service \/ VCG via Getty Images<\/p>\n<p>  What To Expect From The October Meeting  <\/p>\n<p id=\"mntl-sc-block_93-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Investors expect the\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/f\/fomc.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Federal Open Market Committee<\/a>\u00a0to reduce the fed funds rate by a quarter of a percentage point to a range of 3.75% to 4%, according to the CME Group&#8217;s FedWatch tool, which forecasts rate changes based on fed funds futures trading data. That would mark the lowest level for the fed funds rate since December 2022. The Fed\u00a0<a href=\"https:\/\/www.investopedia.com\/federal-reserve-september-meeting-interest-rate-decision-11811834\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">cut the key rate in September<\/a>\u00a0for the first time since December.<\/p>\n<p>Fed officials have said they&#8217;re\u00a0<a href=\"https:\/\/www.investopedia.com\/powell-warns-the-fed-faces-a-challenging-situation-in-setting-interest-rates-11815601\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">cutting interest rates to boost the economy<\/a>\u00a0and prevent a surge of unemployment.<strong>\u00a0<\/strong><a href=\"https:\/\/www.investopedia.com\/nonfarm-payrolls-jobs-report-august-11804094\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"4\" rel=\"nofollow noopener\" target=\"_blank\">Job growth nearly came to a halt this summer<\/a>\u00a0as tariffs have pushed up prices and squeezed consumer budgets.\n<\/p>\n<p>  What Are The Fed&#8217;s Major Considerations?  <\/p>\n<p id=\"mntl-sc-block_95-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The Fed is tasked by Congress with a &#8220;<a href=\"https:\/\/www.investopedia.com\/articles\/investing\/100715\/breaking-down-federal-reserves-dual-mandate.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">dual mandate<\/a>&#8221; to keep inflation low and employment high using the fed funds rate, which is the interest rate banks charge to borrow money from one another. The fed funds rate affects borrowing costs on short-term loans like credit cards and car loans, and indirectly influences longer-term loans like 30-year mortgages.<\/p>\n<p>When inflation is high, the Fed raises the rate to discourage borrowing and cool down the economy, allowing supply and demand to rebalance. When the job market weakens, the Fed cuts interest rates to encourage business and give a boost to hiring.<\/p>\n<p>Currently, the economy is facing a rare situation where\u00a0<a href=\"https:\/\/www.investopedia.com\/the-economy-is-headed-for-stagflation-but-this-time-it-s-different-11797206\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">inflation and the job market are worsening at the same time<\/a>, posing a dilemma for the Fed as to which problem to tackle first. Officials have been split on what approach to take. Some have advocated for further rate cuts in the coming months,\u00a0<a href=\"https:\/\/www.investopedia.com\/how-scary-is-inflation-right-now-fed-officials-are-divided-11814733\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">while others view inflation as a greater threat<\/a>\u00a0and would like to keep rates higher for longer.<\/p>\n<p id=\"mntl-sc-block_96-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Read the full article <a href=\"https:\/\/www.investopedia.com\/when-is-next-fed-meeting-what-to-expect-october-2025-11816356\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.\n<\/p>\n<p id=\"mntl-sc-block_97-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/diccon-hyatt-7100294\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Diccon Hyatt<\/a>\n<\/p>\n<p><strong>Stock Futures Rise to Begin Week<\/strong><\/p>\n<p>14 hr 33 min ago<\/p>\n<p id=\"mntl-sc-block_98-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Futures tied to the Dow Jones Industrial Average were up 0.4%.\n<\/p>\n<p>TradingView<\/p>\n<p id=\"mntl-sc-block_100-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> S&amp;P 500 futures were 0.5% higher.\n<\/p>\n<p>TradingView<\/p>\n<p id=\"mntl-sc-block_102-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Nasdaq 100 futures\u00a0rose 0.6%.<\/p>\n<p>TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"Biggest S&amp;P 500 Movers on Monday 4 hr 25 min ago Advancers Robinhood Markets (HOOD) shares surged over&hellip;\n","protected":false},"author":2,"featured_media":93787,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[79,18,19,17,188],"class_list":{"0":"post-93786","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-eire","10":"tag-ie","11":"tag-ireland","12":"tag-markets"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/93786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=93786"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/93786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/93787"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=93786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=93786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=93786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}