5 Things To Know: October 29, 2025
CNBC Television·2025-10-29 11:08

Financial Policy - The Federal Reserve is widely expected to cut interest rates by a quarter point (0.25%) [1] Geopolitical & Economic Impact - Potential Gaza ceasefire disruption due to renewed Israeli strikes following alleged Hamas attack [2] - US government shutdown leads to air traffic controllers taking second jobs due to missed paychecks [2] - Air traffic controller absences, exacerbated by the shutdown, are causing flight delays [3] - Air traffic controller staffing shortages are worsening due to the shutdown [3] Company Performance & Technology - HK Highix's shares jumped 7% after reporting record quarterly revenue and profit [4] - Strong demand for HK Highix's high bandwidth memory chips, used in AI chipsets, is driving growth [4] - HK Highix's planned supply of memory products for 2026 are already sold out [4] Natural Disasters - Hurricane Melissa made landfall in southeastern Cuba as a category 3 storm with maximum sustained winds near 125 miles per hour [5] - Hurricane Melissa slammed into Jamaica as a category 5 storm [5]