October 2, 2025 Crossing Wall Street
Morning News: October 2, 2025
Japan’s Sleepy $8 Trillion Bond Market Wakes Up as Yields Climb
EU Risk Watchdog Calls for Urgent Safeguards on Stablecoins
EU to Propose Doubling Tariff Rate on Steel Imports to 50%
White House Uses Shutdown to Maximize Pain and Punish Political Foes
Trump Raises Stakes for GOP in Shutdown With Layoff Threats
Trump’s Fixation on Americas Dooms the US as a Superpower
New Tariffs Could Worsen America’s Housing Crisis
Misguided Texas Housing Reforms Could Put a Chill On Rentals
Gold Hovers Near Record High on Rate-Cut Bets, Political Uncertainty
Fed’s Independence Remains at Risk Despite Temporary Legal Victory
US Banks Expect Victory in Capital Requirements as Trump Regulators Revamp Rules
The Mysterious Billionaire Boss at Jane Street Smashing Trading Records
Forget the Shutdown. Investors Have Tech Rally FOMO
The Democrats Should ‘Rush to China’ On Social Security
Great Cons Are Part of the American Story. And That Might Not Be So Bad.
China Outpaces US on Rail Links to Africa Minerals
US Judge Gives Offshore Wind a Ray of Hope in Trump Era
The Gas Turbine Shortage Might Be a Climate Problem
Berkshire to Buy Occidental’s Chemical Unit for $9.7 Billion
Morgan Stanley’s Tech Boss Says AI Coding Has ‘Profound’ Impact
Amazon’s AI Won’t Stop at Finding Your Lost Dog
The FTC Shakes Down Amazon for Well Exceeding Customer Needs
Meta Mines Your Chatbot Discussions to Serve More Personal Ads
How Does Silver Lake Exit That $55 Billion EA Leveraged Buyout?
The Aussie Surfer Who Parlayed His Connections Into a $55 Billion Deal
OpenAI Valuation Soars to $500 Billion, Topping Musk’s SpaceX
The IT Executive Tasked With Revamping How Tesla Sells Cars
Musk Becomes First Person to Hit $500 Billion Net Worth, Forbes List Shows
Spotify Might Just Prove That Two CEOs Are Better Than One
McDonald’s Quest to Reclaim World’s Biggest Restaurant Title Starts in Texas
Marketing Is Helping Carnival Charge More for Its Cruises
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Posted by Eddy Elfenbein on October 2nd, 2025 at 7:03 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.