America’s 4-year economic plan, with a Trump twist?
US President Donald Trump makes an announcement about his administration’s policies against cartels and human trafficking from the State Dining Room at the White House on October 23, 2025 in Washington, DC, US.
Jonathan Ernst | Reuters
China concluded its “Fourth Plenum” on Thursday, aimed at setting the country’s development agenda for the next five years. Beijing will focus on domestic consumption, self-reliance in technology as well as agriculture and manufacturing.
The U.S. economy and markets—generally regarded as an example of free-market capitalism—are starting to show the government’s fingerprints if you squint a little.
For example, Intel It reported third-quarter revenue that topped analysts’ expectations, helping the stock jump 7.7% in extended trade. Intel said demand for its processors appears to be recovering.
But it’s hard to ignore the elephant in the room, namely the US 10% share of Govt In the company, bought in August. The company’s stock has soared since that acquisition, with President Donald Trump saying the government made $30 billion to $40 billion in revenue. The transaction, however, complicates Intel’s accounting methods for its revenue, the company suggested in a press release.
Meanwhile, Trump pardoned Binance founder Changpeng Zhao, the White House said Thursday. Zhao was convicted in April 2024 Enabling Money Laundering at Binance.
Asked why Trump pardoned Zhao, the president said, “A lot of people say he was not guilty of anything. And so I pardoned him at the request of a lot of good people.”
The The Wall Street Journal reported In August the Trump family’s crypto venture was aided by a “partnership with an under-the-radar trading platform quietly administered by Binance.”
Trump’s moves to acquire stakes in US companies and his other dealings raise questions: Are we seeing a four-year US economic plan – with a twist – unfold?
What you need to know today
Intel beat earnings expectations. Third quarter Sales totaled $13.65 billionAbove the LSEG consensus estimate of $13.14 billion. Intel added that demand for its chips is outstripping supply.
Trump Pardons Binance Founder Changpeng Zhao This action was taken after two months The Wall Street Journal reported on the Trump family’s crypto venture, which appeared to be linked to a Administered by the trading platform “Binance.”
China will promote consumption over the next five years. The top leaders of the governmentIncrease consumption vigorously in the domestic economyChina’s “Fourth Plenum” meeting reads, according to a CNBC translation.
S&P 500 claws back losses. The index gained 0.58% on Thursday, Recovering from Wednesday’s fall. The Stocks Europe 600 added 0.37% with shares of dry Popping 8.7% after the luxury group Exceed earnings expectations.
(PRO) Time to consider dividend stocks, says CIO. While interest rates are falling as expected by the market, Such stocks should be encouragedAccording to Kevin Simpson, founder and chief investment officer of Capital Wealth Planning.
And finally…
Russian President Vladimir Putin oversees the joint Russia-Belarus military exercise, codenamed Zapad-2025 (West-2025), at the Mulino training ground in Russia’s Nizhny Novgorod region on September 16, 2025.
Mikhail Metzel | via Reuters
Stony silence in Moscow after Trump turns on Russia, talks with Putin ‘going nowhere’
Days after a “very productive” phone call between US President Donald Trump and his Russian counterpart Vladimir Putin, Trump expressed his frustration with Moscow on Wednesday. “We canceled the meeting with President Putin. It just didn’t feel right to meet,” he said on Wednesday.
Trump’s comments on Putin were not highlighted by pro-Kremlin state media such as TASS, Radio Sputnik And RIA Novosti Thursday, only by mentioning the criticism or the canceled meeting.
– Holly Eliot
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