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2026/10/28
AEP Unveils $100B Investment Plan, Forecasts Tripled Electricity Demand by 2031
American Electric Power announced a $100 billion capital investment plan covering 2027 through 2031. The plan prioritizes additional generation and transmission capacity alongside improvements in grid reliability. CEO Bill Fehrman called surging electricity demand a "once-in-a-generation growth oppo
Fed Maintains Rates at 3.75%-4%, Two Governors Dissent
The Federal Open Market Committee (FOMC) maintained the federal funds rate target at 3.75% to 4%. Fed governor Lisa Cook and Cleveland Fed president Beth Hammack voted against the decision, favoring a quarter-percentage-point increase. Fed officials have indicated that another rate increase may come
Fed Maintains Rates at 3.75% to 4% Amid Dissenting Votes
The Federal Open Market Committee (FOMC) maintained the federal funds rate target at 3.75% to 4%. Fed governor Lisa Cook and Cleveland Fed president Beth Hammack voted against the decision, favoring a quarter-percentage-point increase. Fed officials have indicated that another rate increase may come
Google is previewing a key-sharing encryption custody tool for banks
CoinDesk reports:According to reports, Google will launch Google Multi-Party Compute today at its first digital assets summit in New York—a cryptographic custody system that splits signing keys across multiple systems. The product is currently undergoing private previews with several financial insti
Osmosis Restores AllBTC Backing Using Seized Tokens and Community Funds
Osmosis has restored one-for-one bitcoin backing for Alloyed BTC (allBTC), using seized attacker-held tokens and community funds to remove about 39.84 unbacked nBTC from its collateral pool, the project announced on Oct. 28.The recovery protects remaining allBTC holders from a haircut, with communit
Kamino Launches Backpack Market for Tokenized Stocks on Solana
Kamino launched an isolated Backpack Market on Solana on Oct. 28, allowing eligible holders of Backpack Securities’ tokenized Micron (MU), SK Hynix (SKHY), SpaceX (SPCX) and SanDisk (SNDK) shares to borrow USDC against them rather than sell the tokens.Kamino said Allez Labs sets the market’s per-ass
Robinhood Adds Eight Stock and ETF Tokens to Its Chain
Robinhood added eight stock and ETF tokens to Robinhood Chain on Oct. 28, expanding the assets available for eligible wallet users to trade around the clock, outside traditional exchange sessions.The additions reference JPMorgan Chase (JPM), Visa (V), PayPal (PYPL), BitMine Immersion Technologies (B
Ripple CEO Affirms XRP's Long-Term Role Amid Stablecoin Expansion
TL;DRRipple CEO Brad Garlinghouse reaffirmed the company’s long-term commitment to XRP at Swell 2026, rejecting claims that its focus on stablecoins signals a retreat from the token. Ripple views XRP and its dollar-backed stablecoin RLUSD as complementary assets, serving different roles across block
Gemini 4 Carbon Outperforms GPT-6 and Claude in AI Benchmark
Google’s Gemini 4 Carbon took first place on the Artificial Analysis Intelligence Index, an independent ranking of AI models, on Wednesday. Yet most paying customers cannot buy it.Carbon scored 59, edging Anthropic’s Claude Opus 5.5 at 58 and OpenAI’s GPT-6 Astra at 57. Alphabet (GOOGL) shares rose
FED Holds Interest Rate Steady Amid Dissenting Voices and Revised Economic Outlook
The Federal Reserve kept its policy interest rate unchanged at its Federal Open Market Committee (FOMC) meeting on October 28, as expected. However, the fact that the decision was not unanimous and that two Fed officials called for an interest rate increase was noteworthy.The Fed voted 10 to 2 to ke
Fed Holds Interest Rates at 3.75%-4%; Two Officials Vote for 25-Basis-Point Increase
BlockBeats news, on October 29, the U.S. Federal Open Market Committee adopted and issued the following statement with a vote of 10 in favor and 2 opposed:The Committee decided to maintain the target range for the federal funds rate at 3.75% to 4% to support the Federal Reserve in achieving its dual
Fed Holds Rates Steady in October 2026, Sets Stage for Bitcoin's December Test
The Federal Reserve left the federal funds target range unchanged at 3.75%–4.00% on October 28, 2026, setting the starting point for Bitcoin’s next macroeconomic test: how much tighter or looser U.S. policy will look by December.The Fed’s meeting calendar puts the next scheduled decision on December
Chrome’s AI autofill now pulls information from Gmail to fill out forms.
CoinMarketCap reports:Google's Chrome browser is receiving an update that will enhance autofill capabilities using AI. On Wednesday, Google announced that Chrome will introduce an advanced autofill feature to help users complete online forms by drawing suggestions from Gmail.This means Chrome may re
Labcorp Raises 2026 Earnings and Revenue Forecasts Amid Strong Q3 Performance
Labcorp Holdings increased its fiscal 2026 earnings and sales forecasts after third-quarter results exceeded analyst expectations. Third-quarter adjusted earnings reached $4.78, above the consensus estimate of $4.66. Revenue rose 6.9% from a year earlier to $3.81 billion, exceeding Wall Street's $3,
CFTC Chairman Discusses Super Intelligence and Financial Market Regulation
The CFTC chairman called for modernizing regulation to support super intelligence while preserving US leadership in financial markets. The chairman argued that the United States must pursue technological leadership and financial-market leadership together rather than choose between those goals. The
