Fed decision; Trump-Xi meeting; mega-cap tech earnings - what’s moving markets

The Senate has passed a bill to nullify former President Trump's extensive global tariffs affecting over 100 nations, with a vote of 51-47. This bipartisan effort follows earlier resolutions aimed at repealing tariffs on Canada and Brazil. The move is significant as it reflects a shift in U.S. trade policy and could enhance international relations, potentially benefiting American consumers and businesses by lowering prices on imported goods.

A new rule proposed by the Trump administration could potentially exclude certain public servants from qualifying for student loan forgiveness. This change is significant as it directly impacts the financial futures of those who dedicate their careers to public service, making it harder for them to manage their student debt. The implications of this rule could discourage individuals from pursuing careers in essential public sectors, ultimately affecting the services that communities rely on.

In today's Bloomberg Markets, the focus is on the recent truce between Trump and Xi, which is seen as a strategic move to stabilize international relations and buy time for negotiations. Additionally, Meta's impressive bond sale, attracting a record $125 billion, highlights investor confidence in the tech giant despite market fluctuations. This news is significant as it reflects the ongoing dynamics in global markets and the potential implications for investors and policymakers alike.

The recent Federal Reserve rate cut has significant implications for your finances, even though future cuts remain uncertain. Lower interest rates can lead to cheaper loans and mortgages, potentially stimulating spending and investment. This move is aimed at supporting the economy amid concerns about inflation and economic growth. Understanding how these changes affect your money is crucial, as they can influence everything from savings accounts to credit card rates.

Mary Lovely from the Peterson Institute has expressed concerns that the US 'blinked' during trade negotiations with China under the Trump administration. This suggests that the US may have compromised its position, potentially weakening its leverage in future discussions. Such dynamics are crucial as they can impact global trade relations and economic stability.

The Federal Reserve's recent decision to halt its balance-sheet runoff indicates a strong commitment to using the federal funds rate as the main instrument for monetary policy. This move is significant as it reflects the Fed's focus on managing liquidity in the financial system, which can have wide-ranging implications for economic stability and growth.

The recent lifting of sanctions on a Putin-backed autocrat has raised eyebrows, especially given the involvement of allies of former President Trump in the lobbying efforts. This development is significant as it highlights the ongoing influence of foreign powers in U.S. politics and raises questions about the implications for international relations and human rights. The decision could embolden authoritarian regimes and undermine efforts to promote democracy globally.

A new piece of legislation is allowing ultra-wealthy Americans to write off high-value assets like private jets, yachts, and expensive cars, which could lead to significant tax savings. This 'One Big Beautiful Bill' is a game-changer for the rich, enabling them to invest in luxury items while minimizing their tax burden. It's a fascinating development that highlights how tax laws can be leveraged for financial benefits, raising questions about equity and the implications for the broader economy.

The Senate has passed a bill to nullify former President Trump's extensive global tariffs affecting over 100 nations, with a vote of 51-47. This bipartisan effort follows earlier resolutions aimed at repealing tariffs on Canada and Brazil. The move is significant as it reflects a shift in U.S. trade policy and could enhance international relations, potentially benefiting American consumers and businesses by lowering prices on imported goods.

Globalstar's stock has reached a 52-week high, hitting $50.78, which is a significant milestone for the company. This surge reflects growing investor confidence and could indicate positive future performance, making it an exciting time for shareholders and potential investors alike.

A new rule proposed by the Trump administration could potentially exclude certain public servants from qualifying for student loan forgiveness. This change is significant as it directly impacts the financial futures of those who dedicate their careers to public service, making it harder for them to manage their student debt. The implications of this rule could discourage individuals from pursuing careers in essential public sectors, ultimately affecting the services that communities rely on.

Airline stocks have taken a significant hit as a potential government shutdown looms, raising concerns about travel disruptions. This situation is critical because it not only affects the financial stability of airlines but also impacts travelers who may face delays and cancellations. With the travel industry still recovering from previous challenges, this shutdown could exacerbate existing issues, making it a crucial moment for both airlines and passengers.

Southwest Airlines has reported an impressive earnings surprise for Q3 2025, beating expectations with a higher-than-anticipated earnings per share (EPS). This positive performance highlights the airline's resilience and effective management strategies in a challenging market, making it a significant development for investors and industry observers alike.

General Motors reported a strong performance in its Q3 2025 earnings call, surpassing analysts' expectations and leading to a significant surge in its stock price. This positive outcome reflects the company's effective strategies and resilience in a competitive market, which is crucial for investor confidence and future growth.