Hourly wages rose slightly before inflation, but a sharp rise in consumer prices wiped out that gain. Real weekly pay also fell as working hours held steady.

Gasoline accounted for more than half of September’s 0.6% monthly inflation increase, while core prices and shelter costs also rose.

The proposal details stricter Marketplace verification procedures alongside tax-credit changes taking effect in stages, including narrower immigration eligibility in 2027 and broader checks in 2028.

A review of nine major national banks found reputation-based and industry-specific policies that could limit services for customers engaged in lawful activities.

Morgan Stanley said third-quarter revenue rose to $20.3 billion as record wealth-management revenue and strong client-asset growth helped lift results.

The October 14 OFAC update ends a designation imposed in 2018, following the earlier removal of Rodríguez’s sister, Delcy, from the same list.

A new Federal Reserve staff note says semiliquid funds have become a fast-growing path for retail investors into private credit, raising questions about redemptions, valuations and credit cyclicality.

Federal officials identified 189,000 records involving overlapping health coverage or deceased enrollees, with savings projected over the next 12 months.

New client money flowed into iShares ETFs, systematic strategies, private markets and cash products as BlackRock reported stronger revenue and adjusted profit.

A $1.2 billion regulatory charge cut reported earnings even as lending, net interest income and wealth management revenue grew.