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THE BRIEF

DEV.

Farm Crisis Deepens With Soaring Fuel Costs

American farmers face mounting losses as diesel and fertilizer prices surge during fall harvest.

THE BRIEF

DEVELOPING TIMELINE

First Report Sep 25: Record-high diesel prices are straining farm budgets during the fall harvest season.

Sep 29: Diesel costs deepening farm crisis during harvest

WHAT'S REPORTED

  • ▸John Boyd Jr., president of the National Black Farmers Association, says diesel costs are deepening a farm crisis. — NPR Economy

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THE BRIEF
Yesterday
ECONOMYTHE BRIEF

General Motors Q3 Earnings Beat

General Motors beat Wall Street's Q3 earnings estimates and narrowed 2026 guidance.

WHAT'S REPORTED

  • ▸GM raised its adjusted automotive free cash flow outlook alongside narrowing 2026 earnings guidance. — CNBC
THE BRIEF
Yesterday
ECONOMYTHE BRIEF

Pernod Ricard Hybrid Bond Debut

Pernod Ricard plans its debut hybrid bond sale alongside a tender for senior debt.

WHAT'S REPORTED

  • ▸Pernod Ricard is addressing upcoming maturities while its credit ratings face negative outlook. — Bloomberg Markets
THE BRIEF
10/19/26
ECONOMYTHE BRIEF

China Adopts New Central Bank Policy Rate

China's central bank signaled its overnight reverse repo rate will replace the seven-day rate as the new policy benchmark.

WHAT'S REPORTED

  • ▸The overnight reverse repurchase rate replacement could align China's policy closer to global peers and potentially lower borrowing costs. — Bloomberg Markets