The Fed’s third rate cut of 2025 could reshape monetary policy and economic forecasts; insights from David Scutt.

The Federal Reserve has made its third rate cut of the year, slashing interest rates by 25 basis points. What’s driving the Fed to keep easing, and how will this impact the broader economy?

David Scutt from StoneX joins us to break down the key drivers behind this move.

We dive into the significance of a third rate cut, exploring what the new rate range signals about the Fed’s future monetary policy. Some officials are pushing back against further cuts—what alternatives have been suggested, and what does this mean for markets?

Finally, we unpack the Fed’s fresh economic projections, including growth, inflation expectations, and the Summary of Economic Projections (SEP). How do these new forecasts compare to September’s, and what could this mean for 2026?

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#FederalReserve #InterestRates #EconomyNews #RateCut #MonetaryPolicy #EconomicGrowth #Inflation #Finance

OpenAI partners with Instacart for seamless grocery shopping in ChatGPT; learn about Instant Checkout and future integrations.

OpenAI has partnered with Instacart to bring a revolutionary grocery shopping experience directly into ChatGPT. Users can now shop, check out, and pay for groceries seamlessly without leaving the app. This integration is designed to make online shopping faster, smarter, and more convenient than ever.

Karen Sutherland from Uni SC joins us to explain how the Instant Checkout feature works and how users can activate the Instacart app within ChatGPT. We also dive into Stripe’s role in ensuring secure payments and explore how OpenAI is differentiating itself in the growing agentic commerce market.

The discussion also covers user feedback so far, the Agentic Commerce Protocol that powers the app, and what future integrations or features OpenAI might roll out. Learn how this partnership fits into OpenAI’s broader business strategy and the challenges of scaling the service across platforms.

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#OpenAI #ChatGPT #Instacart #GroceryTech #AgenticCommerce #InstantCheckout #FutureOfShopping #TechInnovation

Australia bans social media for children under 16, marking a historic step in youth online safety regulations.

Australia has made history, becoming the first country to ban social media access for children under 16. From midnight, platforms including TikTok, YouTube, and Instagram will be blocked for young users across the nation. The move marks one of the strongest regulatory actions ever taken on youth online safety.

The new law requires ten major digital platforms to comply or face fines of up to A$49.5 million. The decision comes amid growing global concerns about the impact of social media on children’s mental health, with other countries watching closely as they consider similar measures.

Prime Minister Anthony Albanese says the ban is designed to support young Australians and reduce harmful pressures created by constant digital engagement. While platforms are preparing to use age-inference technology to comply, critics warn the ban could isolate vulnerable teens.

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#AustraliaNews #SocialMediaBan #TechRegulation #YouthSafety #DigitalWellbeing #TikTokNews #OnlineSafety #GlobalPolicy