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Trump pledges $5,000 dividend to US adults if GOP wins midterms, raising deficit concerns.

Market News
10 Sep 2026
Fox Business
View Source
Bearish
Trump pledges $5,000 dividend to US adults if GOP wins midterms, raising deficit concerns.

President Donald Trump proposed a $5,000 dividend payment to every adult U.S. citizen if Republicans win both chambers of Congress in the midterm elections. The plan could cost over $1.2 trillion and significantly increase the federal deficit, potentially doubling the primary budget deficit to $2 trillion in 2027. Experts warn this move could worsen inflation and raise interest rates, while critics call it fiscally irresponsible. The White House defended the proposal as part of Trump's economic success and contrasted it with Democratic policies.

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American Airlines warns higher fuel costs will increase Q4 expenses amid Q3 loss forecast

American Airlines warns higher fuel costs will increase Q4 expenses amid Q3 loss forecast

American Airlines expects higher fuel prices to increase its fourth-quarter costs, following a third-quarter forecast based on a July fuel price of about $3.75 per gallon. The airline projected a Q3 adjusted loss between $0.10 and $0.70 per share, wi...

Market News
Bearish
4 hours ago
SPYx tokens enable 1:1 backed tokenized ETFs on Solana and Arbitrum blockchains.

SPYx tokens enable 1:1 backed tokenized ETFs on Solana and Arbitrum blockchains.

SPYx is a token representing equities and ETFs, backed 1:1 by their underlying assets and issued on multiple blockchains including Solana and Arbitrum. This allows tokenized exchange-traded funds (ETFs) to be composable and integrated with decentrali...

Protocol Fundamentals
Neutral
4 hours ago
Bitcoin and Ethereum ETFs see $152M outflows amid cautious investor sentiment in October

Bitcoin and Ethereum ETFs see $152M outflows amid cautious investor sentiment in October

On October 16, US spot Bitcoin ETFs experienced net outflows of $82.39 million, while Ethereum ETFs saw $69.68 million leave, totaling about $152 million in one day. October's net outflows for Bitcoin ETFs reached approximately $535 million, reversin...

Market News
Bearish
4 hours ago
U.S. spot Ether ETFs see $69.68M outflows, led by BlackRock's ETHA, marking third straight day of losses

U.S. spot Ether ETFs see $69.68M outflows, led by BlackRock's ETHA, marking third straight day of losses

U.S. spot Ether ETFs experienced net outflows totaling $69.68 million on October 16, 2026, continuing a three-day streak of losses. All outflows were from BlackRock's ETHA fund, while other funds reported no net changes. Despite these outflows, total...

Market News
Bearish
4 hours ago
Spot Bitcoin ETFs see $82.39M net outflows on Oct 16, led by IBIT and FBTC withdrawals

Spot Bitcoin ETFs see $82.39M net outflows on Oct 16, led by IBIT and FBTC withdrawals

Spot Bitcoin ETFs experienced a significant reversal on October 16, 2026, with net outflows totaling $82.39 million, primarily driven by $71.78 million withdrawn from IBIT and $10.61 million from FBTC. This shift follows a modest net inflow of $5.06 ...

Market News
Bearish
4 hours ago
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