The Federal Reserve kept its policy rate range at 3.75 to 4 percent on October 28 by a 10–2 vote, with Lisa Cook and Beth Hammack preferring another quarter-point increase.
General Motors' third-quarter net income rose to $3.3 billion as EV-related charges shrank and North American margins widened; it raised its cash flow outlook and set a $20 billion buyback.
The IMF projects global growth will slow to 3.1 percent in 2026 and recover to 3.4 percent in 2027, with headline inflation rising to 4.7 percent as war keeps energy prices high.
Delta Air Lines earned an adjusted $1.5 billion before tax in the September quarter, matching last year, as record revenue offset a 62 percent rise in fuel costs.
US employers added 29,000 jobs in September and unemployment rose to 4.2 percent, the Bureau of Labor Statistics said, while revisions cut 60,000 jobs from July and August.