Today in markets · updated 23:56 UTC · hourly

Federal Reserve rate-cut plans shelved as October inflation surge forces policy pivot to combat price pressures, extending higher-for-longer borrowing costs across households and businesses.

• Warsh proposes cutting Fed meeting frequency, concentrating market impact into fewer decision points and raising volatility around policy communications.
• Binance breach costs $6.3 billion, exposing custody gaps at a central crypto exchange and pressuring institutional adoption of digital assets.
• FAA grounds all U.S. flights over air traffic control outages, halting airline operations and revenue until systems restore.
• North Korea deepens military and economic ties with Russia, creating new axis affecting semiconductor supply chains and defense spending cycles.

Penblock checks the news against mainstream outlets, independent analysts and official filings, one page per event, so you can see who confirmed it and who didn't. How it works · Sources we track · AI-assisted summaries, not investment advice.