
JPMorgan Downgrades Goldman Sachs to Neutral Amid Preference for European Banks
Oct 21, 2025 04:34 am UTC| Business Insights & Views
JPMorgan Chase Co. (NYSE:JPM) has downgraded its rating on Goldman Sachs Group Inc. (NYSE:GS) from Overweight to Neutral, citing that the investment banks shares are now fairly valued compared to more attractively priced...
Ethereum’s Stablecoin Surge Hits $162.3B, Cementing DeFi Dominance
Oct 17, 2025 12:28 pm UTC| Digital Currency Insights & Views
Ethereums stablecoin supply jumped to an all-time high of $162.3 billion, reflecting strong network activity and rising investor confidence in decentralized finance (DeFi). Up from $130 billion in July 2025, this milestone...

U.S. Jobless Claims Fall Despite Weak Hiring Amid Government Shutdown
Oct 17, 2025 03:01 am UTC| Economy Insights & Views
The number of Americans filing for new unemployment benefits fell last week, signaling continued stability in the labor market despite weak hiring and an ongoing U.S. government shutdown. Economists at JPMorgan and Goldman...

Neel Kashkari Sees Low Risk of Inflation Surge, Cautions on Labor Market Weakness
Oct 17, 2025 02:55 am UTC| Central Banks Economy Insights & Views
Minneapolis Federal Reserve President Neel Kashkari expressed confidence in the U.S. economy, saying he does not foresee a major surge in inflation or a sharp weakening of the labor market. Speaking at a town hall in Rapid...

Bernstein Downgrades Lululemon as U.S. Sales Decline and Risky 2026 Strategy Looms
Oct 16, 2025 14:58 pm UTC| Business Insights & Views
Bernstein has downgraded Lululemon Athletica (NASDAQ: LULU) from Outperform to Market-Perform, warning that the companys growth outlook faces mounting challenges amid weakening U.S. sales and a high-stakes product overhaul...
UK GDP Shows Modest Growth as Economy Struggles for Momentum
Oct 16, 2025 09:59 am UTC| Insights & Views
On October 16, the UKs Office for National Statistics published its monthly GDP statistics for August 2025, which indicated a little 0.1% month-on-month rise and corresponded expected market performance, indicating a...
Australia’s Labor Market Wobbles: Unemployment Climbs to 4-Year High
Oct 16, 2025 03:06 am UTC| Insights & Views
Mixedsignalsin the Australian labor market September 2025Australian employment statistics portrayedavaried viewof economic activity.Employmentincreasedby 14,900,belowthepredicted20,000.Following an...