Venezuela announces a comprehensive restructuring process for its sovereign debt and the debt of state-owned oil company PDVSA.

Cisco reports Q3 revenue of $15.84 billion, beating analyst estimates, and announces plans to cut nearly 4,000 jobs. Shares rose more than 17% in after-hours trading following the earnings release.

Cisco Systems reported third-quarter revenue of $15.84 billion, exceeding analyst estimates of $15.56 billion, while announcing plans to cut approximately 4,000 jobs.

The Federal Reserve announces it will purchase $10 billion in Treasury bills to support reserve management operations.

The Federal Reserve announced it will purchase $10 billion in Treasury bills to support reserve management operations.

The U.S. Senate confirms Kevin Warsh as the new Federal Reserve chair. Pennsylvania Senator John Fetterman was the only Democrat to support the nomination.

The U.S. Senate has confirmed Kevin Warsh as the new chair of the Federal Reserve, with Pennsylvania Senator John Fetterman as the sole Democrat to vote in favor.

Fed's Kashkari warns the ongoing closure of the Hormuz Strait poses a significant risk to inflation, citing uncertainty over the duration of the disruption.

Federal Reserve official Neel Kashkari stated that the duration of the Hormuz Strait closure remains uncertain and will significantly impact inflation levels.