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BlackRock’s Rieder on possible Fed Chair nomination and rate cuts, Amazon’s $38B deal with OpenAI

DeFi Daily News by DeFi Daily News
November 3, 2025
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BlackRock’s Rieder on possible Fed Chair nomination and rate cuts, Amazon’s B deal with OpenAI
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Market Catalysts anchor Julie Hyman breaks down the latest market news for November 3, 2025.

BlackRock’s Rick Rieder discusses the outlook for Fed rate cuts, risks to the economy, AI, markets, and being considered a potential successor to Jerome Powell as the next Fed Chair.

Amazon Web Services (AWS) announced a $38 billion computing deal with OpenAI. Julie Hyman breaks down the details.

Additionally, a new report finds that younger workers are facing a slowdown in income growth. JPMorgan Chase Institute’s Wealth and Markets Research Director, George Eckerd, speaks with Julie about his company’s report.
For more Market Catalysts videos, please visit: https://finance.yahoo.com/videos/series/market-catalysts/
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About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

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Tags: 38BAmazonsBlackrocksBondsbusinessChairCurrenciesCutsdealEquitiesfedfed rate cutsFXInvestingInvestmentMarketMarketsMoneyNewsNominationNYSEOpenAIPersonal FinancePoliticsRateRiederSavingsStock marketstocksYahoo FinanceYahoo FInance Premium
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