The Daily Editor

By David Lawder and Leika Kihara

BANGKOK, Oct 16 (Reuters) – Federal Reserve Chairman Kevin Warsh voiced optimism on Friday about US economic strength and surprise about how well global economies have been “hanging in there” amid continued energy shocks and tighter monetary policy to fight inflation.

He said the US and many other economies were benefiting from an “investment surge”

 » Read more about: Fed's Warsh sees US economic tailwinds, mum on rate-path view  »

When looking for stocks, your eyes naturally turn to those featured in the news. Good earnings, new products, industry buzz—stocks with catalysts have large movements, and they seem to offer opportunities.

On the other hand, stocks without any particular news may seem plain, have small movements, and not look very attractive.

 » Read more about: Stocks without news may be plain, but they can be easier to handle for swing trading  »

Stock Market LIVE Updates: It is second half of the day’s trade, and the markets have undone the opening losses, and are now back in the green. The Nifty is up over 100 points, rising above 23,100. Tech Mahindra, Infosys and TCS are the biggest gainers.

 » Read more about: Sensex Today | Stock Market LIVE Updates: Nifty surges back to 23,100; markets near day's high  »

Tesla stock upside now hangs on two stories at once: a possible Tesla SpaceX merger and the Tesla Roadster reveal. Elon Musk paired the words “Tesla x SpaceX” with the Roadster livestream link, just as Barclays flagged that the two companies could announce a merger before Tesla’s annual shareholder meeting, due by December 6,

 » Read more about: Tesla Stock: Did Musk Hint at a SpaceX Merger Ahead of Roadster Reveal?  »

NEW YORK, NY, October 16, 2026 /24-7PressRelease/ — Conviction is easy to admire and hard to price.

Crypto has produced no shortage of public figures willing to state their long-term beliefs loudly and repeatedly, regardless of what the market happens to be doing in a given week. That willingness gets rewarded during bull runs,

 » Read more about: Cathie Wood, Barry Silbert, and the Problem With Pricing Crypto Conviction  »

For months, there was tons of speculation as to what the 2027 Social Security cost-of-living adjustment, or COLA, would amount to. Earlier in the year, some experts were calling for a COLA above 4% as inflation soared, driving prices up just about everywhere. Those COLA estimates then settled neatly into the mid-3% range as the official announcement got closer.

 » Read more about: Here's How Much the Average Social Security Check Could Increase in 2027 With a 3.6% COLA  »

When U.S. long-term interest rates rise, they affect everything from mortgages and corporate financing to the stock market and investment plans for AI-related companies.

That is why, in order to understand the U.S. financial market, it is meaningful to pay attention not only to the Fed but also to Treasury Secretary Scott Bessent.

 » Read more about: Why Does Treasury Secretary Bessent Want to Keep Long-Term Interest Rates Down? The Limits of Policy as Shown by the U.S. Treasury Market  »

Several mutual fund houses have temporarily restricted fresh investments in gold ETF fund of funds (FoFs), with the curbs taking effect on October 16, ahead of the festive season.

ICICI Prudential Mutual Fund, HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, Invesco India Mutual Fund, DSP Mutual Fund, Tata Mutual Fund and Shriram Mutual Fund are among the fund houses that have issued notices to investors announcing the restrictions.

 » Read more about: Mutual funds restrict fresh investments in gold ETF FoFs from today  »

 » Read more about: Bill Ackman Is Directing Up to $3 Billion Into Howard Hughes' Insurance Arm, Vantage, as Part of His Plan to Build a Modern Berkshire Hathaway. Is HHH Stock the Way to Play His …  »

Hanwha Asset Management said on the 16th that on the 15th it hosted “PLUS Coach Talk with Cathie Wood,”

 » Read more about: Hanwha Asset Management hosts Cathie Wood, forecasts 2030 growth on AI, robotics  »