🚨 MAJOR NEWS UPDATES for October 29, 2025: The Fed just cut interest rates amid a slowing economy. The DOJ benched two prosecutors for calling January 6 attackers a “mob of rioters.” Mass layoffs are sweeping the nation — and Trump’s approval numbers are collapsing to historic lows. Watch to catch up on all this and more — and remember to listen to the MeidasTouch Podcast. | MeidasTouch

Common loon being fed by its parent | Harry Collins Photography

Fed Chair Jerome Powell was asked on Wednesday about the ongoing federal government shutdown, which is currently the second-longest in U.S. history, and how it could make policy decisions more challenging for the central bank going forward. The shutdown presents a lack of economic data as the federal government has halted the collection of key reports on employment and inflation until it reopens. Read more: cnb.cx/4p3yb99 | CNBC