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SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/20/2026 | 769.05 |
| Change that session | +0.34% |
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Related news
- It not just gas and groceries . Childcare costs weigh on some voters before the midterm elections
- Americans see too much economic inequality , but split on how to address it
A Pew Research Center poll finds 61% of Americans say there is too much economic inequality, with Democrats (78%) far more likely than Republicans (42%) to agree. Among those who see too much inequality, 63% say major changes are needed and 24% say the economic system should be fully rebuilt. Pew's analysis shows median income for upper-income households rose 25% from 2001 to 2024, versus 22% for middle-income and 17% for lower-income households, while the wealth gap widened from 31 times to 49 times between 2001 and 2022. Among those who see too much inequality, Republicans are more likely to blame individual life choices (59%, versus 28% of Democrats), while Democrats cite racial discrimination, weak corporate regulation and tax gaps. Analysts say inflation and cost of living dominate this midterm cycle, leaving inequality largely in the background.
- Americans see too much economic inequality , but split on how to address it
A Pew Research Center survey finds 61% of Americans say there is too much economic inequality, including 78% of Democrats and 42% of Republicans. Among them, 24% say the economic system needs to be fully rebuilt and 63% say major changes are needed, while 35% say no level of inequality is acceptable. Pew found the median income of upper-income households rose 25% from 2001 to 2024, while the wealth gap widened from 31 times to 49 times by 2022. Republicans are more likely to blame individual life choices, while Democrats cite racial discrimination, weak corporate regulation and tax gaps. Experts say inflation and cost-of-living concerns are overshadowing the issue ahead of the midterms, even though 72% of those who see too much inequality want a large federal government role.
- Midterm campaigns are asking , where the beef ? And how much does it cost ?
- Voters Face Higher Cost of Living as Midterms Loom. Import Prices Saw The Highest Jump in Years.
A Bureau of Labor Statistics report showed import prices rose 1.1% in September and were up 8.1% from a year earlier, the biggest annual increase since 2022. The figures follow September inflation data showing a 0.6% rise in the Consumer Price Index and a 3.7% annual inflation rate. Pew Research Center found 84% of voters called the economy a very important issue ahead of the election, while a Fox News poll found 60% of respondents named cost of living as their top economic concern. A Federal Reserve Bank of New York study linked tariffs to higher consumer prices, estimating roughly a quarter of a percent after one year for each percentage point rise in average tariffs. The article also cites supply-chain disruption tied to the wars in Ukraine and Iran, and diesel averaging $6.32 a gallon, nearly $2.70 higher than a year ago.
- Stratton , Tracy clash over Trump , affordability in lone U . S . Senate forum
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SSI forecasts PNJ's net revenue at VND 39,100 billion in 2026, VND 43,400 billion in 2027 and VND 57,700 billion in 2029, while after-tax profit is forecast at minus VND 6,300 billion in 2026, rising to VND 1,200 billion in 2028. The company holds large inventory, with diamonds making up 52%, and may need to set aside additional provisions for inventory write-downs if gold prices fall. Under SSI's estimated scenario, PNJ's additional repurchase obligation could be about VND 16,800 billion; to ease short-term liquidity pressure, the company plans to issue up to 550 million shares to raise VND 8,000 billion. Preliminary Q3/2026 results show a net loss of VND 258 billion, compared with a profit of VND 496 billion a year earlier. SSI continues to keep PNJ's stock at “Under review”.
- Ethereum delays Glamsterdam Hoodi testnet launch over security risks
Ethereum has postponed the Glamsterdam upgrade on the Hoodi testnet, originally scheduled for Oct. 26, so developers can examine how EIP-8037 and EIP-8038 interact with deployed smart contracts. ChainSecurity warned that the two proposals could weaken safeguards against insufficient gas griefing, potentially letting contracts permanently record failed operations and blocking otherwise valid user actions. The firm said it identified 13 real-world examples of potentially affected contracts and is coordinating responsible disclosure with the projects involved, without naming them. Security researcher pcaversaccio called the risks “serious” in an Oct. 21 GitHub comment and urged a reassessment of the hard fork. The mainnet timeline, which developers had been considering for early December, is now uncertain.
- Proposed 0.2% tax on idle land and land left unused or slow to be put to use
On the morning of October 23, the National Assembly heard the government's proposal and the review report on draft amendments to several tax laws, including the Law on Non-Agricultural Land Use Tax. The government proposes a 0.2% tax rate, with no area limit, for idle land and land that is not or is slowly being put to use, to institutionalize Resolution 21-NQ/TW. The Economic and Financial Committee agrees in principle but says the proposal conflicts with the current law, which applies 0.15% to unused land, and with the draft amended Land Law. It warns of possible double financial obligations for investment projects that leave land unused or slow to use it, and asks the drafting agency to clarify the basis, timeline and relationship with land use fees and land rental payments.
- Pony.ai partners with inDrive, Nvidia to launch robotaxis in Kazakhstan
Pony.ai said it will work with Nvidia and inDrive to explore autonomous ride-hailing services, with Kazakhstan as the first test market. The three companies plan to launch robotaxis in Astana using Pony.ai's seventh-generation vehicles, following an agreement with the Kazakh government; Kazakhstan was chosen for its regulatory readiness after creating its first structured legal framework for driverless transport. Pony.ai will provide the Gen-7 robotaxis, inDrive will provide the ride-hailing platform and run the service, and Nvidia will support the project with AI infrastructure. The partners will assess the technical, operational, regulatory and commercial feasibility of offering level 4-ready autonomous vehicles to riders through the inDrive app. Pony.ai's shares rose 2.8% in Hong Kong trade after the announcement.
- Ethereum delays Glamsterdam test after security devs flag risk to existing contracts
Ethereum developers postponed the Glamsterdam upgrade on the Hoodi test network, which had been due to activate on Oct. 26, after researchers warned that proposed gas rules could let existing smart contracts permanently record failed operations. ChainSecurity said EIP-8037 and EIP-8038 could leave some contracts with more or less gas than expected, potentially making errors permanent or causing otherwise valid operations to fail; for example, creating a new storage slot could require 110,020 gas when a separate allowance is exhausted, versus 22,100 under the old rules. No replacement date has been announced for the Hoodi test or its planned 200 million gas limit, and Ethereum's mainnet upgrade date remains unconfirmed. The findings describe how existing software would behave under the proposed rules and do not indicate that existing contracts are currently being exploited.
- Europe set to ban Russian gas imports; energy giant says it still has the whole world to sell to, gives Brussels 71 days to reconsider
Novatek CEO Leonid Mikhelson said on October 22, on the sidelines of the Verona Eurasian Economic Forum in Istanbul, that Russia cannot be isolated from the global LNG market. He said that if the EU's ban on Russian LNG imports takes effect on January 1, 2027, the company can redirect its cargoes to other markets. Mikhelson added that the EU still has 71 days to make any decision, and that Brussels is paying more attention to industrial production and energy security. He also said European companies with long-term contracts with Russia can keep cooperating to supply gas to markets outside Europe. On a US proposal for Europe to resume buying Russian oil and gas, he said it shows Washington is also concerned about industrial decline and job losses in Europe.
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