SeaStar Medical to restore executive salaries and board retainers in October

UK consumer borrowing has seen a significant increase, marking the highest rise since October 2024. This surge indicates a growing confidence among consumers, suggesting that people are willing to spend more, which can stimulate economic growth. As borrowing rises, it reflects optimism in the economy, potentially leading to increased retail sales and investment.

Asahi Noguchi, a member of the Bank of Japan's policy board, has sparked optimism regarding a potential interest rate hike. His comments indicate growing pressure on the central bank to take action in October, which could signal a shift in monetary policy. This is significant as it reflects the bank's response to economic conditions and could impact markets and consumers alike.

The Bank of Japan's recent board meeting showcased a hawkish stance, indicating a potential shift in monetary policy that could lead to an interest rate hike as early as October. This is significant as it reflects the central bank's growing confidence in the economy and its commitment to addressing inflation concerns. Such a move could have widespread implications for financial markets and the Japanese economy, signaling a departure from years of ultra-loose monetary policy.

US equities have shown remarkable resilience over the past five months, achieving one of their best performances since the 1950s despite concerns about the economy and tariffs. As October approaches, investors are bracing for potential turbulence and the upcoming earnings season, which could influence market trends. This situation is significant as it reflects the ongoing uncertainty in the market and the challenges investors face.

Verizon is reportedly in discussions to acquire wireless spectrum from EchoStar, according to Bloomberg News. This potential deal could enhance Verizon's network capabilities and expand its service offerings, which is significant in the competitive telecommunications market. If successful, this acquisition may lead to improved connectivity for customers and strengthen Verizon's position as a leader in the industry.

IDT Corporation has reported disappointing results for its Q4 2025 earnings, falling short of analysts' expectations. This miss raises concerns about the company's financial health and future performance, which could impact investor confidence and stock prices. Understanding these results is crucial for stakeholders as they navigate the implications for the company's strategy moving forward.

South Korea's used car exports are thriving, providing a buffer against the impact of US tariffs on the automotive sector. This surge in exports not only highlights the resilience of South Korean manufacturers but also reflects a growing global demand for affordable vehicles. As trade relations evolve, this trend could bolster the economy and create new opportunities for local businesses, making it a significant development in the automotive landscape.

YouTube has agreed to pay $24.5 million to settle a lawsuit regarding the suspension of former President Donald Trump's account. This settlement is significant as it highlights the ongoing debates around social media platforms' power to regulate content and the implications for free speech. The resolution of this case may set a precedent for how similar disputes are handled in the future, impacting both users and platforms.

The potential US government shutdown poses significant risks, including the delay of the September jobs report and other crucial economic data. This matters because timely employment statistics are vital for understanding the health of the economy and guiding policy decisions. A shutdown could disrupt not only the release of this data but also the overall economic stability, affecting businesses and individuals alike.

Michael Saylor, the executive chairman of MicroStrategy, is making waves with the launch of their new Bitcoin-backed credit product called 'Stretch.' This innovative offering aims to eliminate the volatility and risk typically associated with Bitcoin, making it more accessible for investors. Saylor shared insights on The Close, revealing that MicroStrategy has already introduced four credit instruments this year, totaling an impressive $4 billion, with plans for more in the pipeline. This development is significant as it could reshape how investors engage with cryptocurrency, potentially leading to broader adoption.