[USDC Treasury Mints Additional 500 Million USDC on Solana Chain]
USDC Treasury minted a total of 500 million USDC in two transactions on the Solana blockchain at 19:56 and 19:57 (UTC+8), as monitored and recorded by Whale Alert.
[Nonfarm payroll data better than expected ahead of the Fed's December meeting, market expects no rate cuts this year]
The only nonfarm payroll data available ahead of the Fed's December meeting performed better than expected. Although the unemployment rate slightly increased, the market still expects no rate cuts this year.
[Federal Reserve's Hammack: Rate cuts may increase financial stability risks]
Federal Reserve official Hammack stated that the current financial system is in good condition, and household finances are also at a healthy level. However, he also pointed out that rate cuts for risk management purposes may increase financial stability risks.
[U.S. Bureau of Labor Statistics: Unemployment Rate for Adult Women and Asians Rises in September]
Data from the U.S. Bureau of Labor Statistics shows that the unemployment rate for adult women in September was 4.2%, and for Asians, it was 4.4%, both showing an increase. The unemployment rates for adult men (4.0%), teenagers (13.2%), White individuals (3.8%), Black individuals (7.5%), and Hispanic individuals (5.5%) remained almost unchanged.