Treasury Secretary Scott Bessent highlights that the US economy is in an acceleration phase driven by the working families tax cut and business full expensing policies. This has sparked a manufacturing and construction boom, with factory shipments growing nearly 20% over three months and real wages rising for blue-collar workers. Tax relief on Social Security and increased average tax refunds are also contributing to record-high family incomes and low poverty rates. The Atlanta Fed forecasts 5% GDP growth for Q3, reflecting strong Wall Street and Main Street performance under current policies favoring free enterprise over big-government socialism.
Treasury Secretary Scott Bessent's economic outlook comes as 72 of 150 US stocks on Pluang rose while 77 fell, showing a mixed market breadth as of Sep 30, 2026 06:31 WIB. Among notable movers, Lucid Group Inc (LCID) gained 4.36% to USD 4.07 with 89% buy order activity, United Microelectronics Corp (UMC) rose 4.32% to USD 24.88 despite 86% sell orders, and ASE Technology Holding Co Ltd (ASX) increased 4.22% to USD 45.64 with 66% sell orders. This snapshot reflects diverse investor actions across sectors on the platform.
Lockheed Martin reported strong Q3 2026 results, beating Wall Street estimates with earnings of $7.97 per share and sales of $20.7 billion, up 11% year-over-year. Net earnings rose 14% to $1.8 billion, supported by a record backlog of $292 billion, i...
IBM reported strong Q3 results with revenue of $17.1 billion and adjusted earnings of $2.95 per share, surpassing analyst estimates. Software revenue grew 9%, led by Red Hat and OpenShift, while AI-related consulting work also contributed significant...
Cowen & Co. initiated a 'Buy' rating on CenterPoint Energy before its Q3 earnings report due October 27, 2026. Analysts expect $2.16 billion in revenue, an 8.4% increase year-over-year, and earnings of $0.50 per share, steady from last year. The comp...
Drofa Comms has released the Women Leading the Way Digital Magazine 2026, aiming to highlight women experts in finance on equal terms with men. The digital magazine features insights from 25 industry professionals and covers topics like AI in wealth ...
Tesla reported third-quarter earnings with free cash flow exceeding expectations, but shares fell after hours despite an initial gain. The company lowered its full-year capital expenditure forecast to about $20 billion from over $25 billion, signalin...
