Weekly Economic Snapshot: Policy Decisions and Market Divergence

Published on November 3, 2025

Last week’s economic narrative centered around the Federal Reserve's latest rate cut, a decision complicated by the government shutdown and lack of economic data.

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$580B Wealthspire RIA Taking Shape After Madison Dearborn Acquisition

November 3, 2025
The combined RIA will operate under the Wealthspire brand, backed by a fresh $1 billion in debt financing and five firms with a history of collaboration, according to CEO Mike LaMena.

Novo, Pfizer Square Off Over Metsera in Obesity-Drug Tussle

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Novo Nordisk A/S made an unsolicited bid for US biotech firm Metsera Inc., sparking a heated battle with Pfizer Inc. to get their hands on weight-loss treatments that both drugmakers want in order to regain lost ground in the booming market.