Luca Netz removes Abstract badge, Cygaar withdraws $600 raises doubts

The number of initial jobless claims in the United States has dropped to its lowest level since July, and the number of renewed jobless claims has decreased by 11000 to 1.7 million, the lowest since March 2023. The four week moving average of initial unemployment claims has dropped to a seven week low of 200000 people. Without adjusting for seasonal factors, the number of initial jobless claims in most states such as Hawaii, Georgia, and Texas has decreased. (Source: Jin Shi) AI interpretation: The labor market has shown strong resilience, and the significant contraction in the scale of unemployment benefit applications directly proves that the willingness of companies to lay off employees is at a low level. This tight job market eliminates urgent concerns about economic recession and provides solid confidence for the Federal Reserve to maintain high interest rate policies. The market's expectation of a short-term interest rate cut has been completely suppressed, and the high interest rate environment will continue to exert pressure on asset prices.

The Chicago Federal Reserve estimates that the US unemployment rate in September was 4.10%, lower than August's 4.14%, reflecting an improvement in employment prospects and a decrease in turnover rates in the United States.

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The Hyperliquid Policy Committee has submitted feedback on the MiCA framework to the European Commission, calling for adherence to the principles of technical neutrality and economic substance classification. It suggests incorporating on chain perpetual contracts into the MiFID II regulatory framework through ESMA guidelines and advocating for the exemption of the burden of duplicate reporting on on on chain public data to ensure EU investors have access to global liquidity.

Strategy Inc announced that the annualized dividend yield of STRC preferred stock will remain at 12%, and announced two cash dividends of $0.5 per share, to be paid on October 31 and November 15, respectively. The dividend paid on November 15th comes with conditions. If the shareholders' special meeting approves the amendment and the amendment certificate becomes effective, it will be registered on the calendar day and paid on the next business day. The expected dividends of the company are considered non taxable capital returns within the tax base.