Amazon sinks as AI spending eclipses fastest cloud growth in five years
Amazon.com on Thursday reported a massive cash burn in the third quarter, sending shares sharply lower, while it signaled higher capital
October 29, 2026Amazon.com on Thursday reported a massive cash burn in the third quarter, sending shares sharply lower, while it signaled higher capital
October 29, 2026Amazon offered a cautious sales outlook for the current fourth quarter that encompasses the critical holiday shopping period after delivering fiscal third-quarter results that came in below Wall Street analysts’ expectations
October 29, 2026Major League Baseball might face a long pause following the Milwaukee Brewers' first World Series title
October 29, 2026Monte dei Paschi di Siena looked set to lose its independence after more than 550 years, with its attempt to fend off Italy's biggest bank having
October 29, 2026Brazil's public debt rose nearly 1% in September, driven largely by interest costs, Treasury data showed on Thursday, as interest expenses continued to drive debt
October 29, 2026US President Donald Trump's administration has promised tariff relief to Volkswagen's luxury unit Audi to help secure its $4
October 29, 2026The big three US stock indices fell on Thursday, despite weaker oil prices, lower bond yields and upbeat economic growth data, as a record fall
October 29, 2026Cadbury parent Mondelez International beat Wall Street expectations for third-quarter profit on Thursday, supported by favorable cocoa prices and higher pricing
October 29, 2026Starbucks forecast annual profit above Wall Street expectations on Thursday and unveiled a $1 billion share repurchase plan, signaling
October 29, 2026A historic drop for Alphabet's stock dragged the U.S. stock market lower
October 29, 2026US President Donald Trump, who has been engaged in a tariff war with Canada, on Thursday told a rally that Canada has been "treating us extremely nicely
October 29, 2026Brazil's interest bill rose to 8.99% of gross domestic product in the 12 months through September — a level not seen since January 2016, when the country was mired in a
October 29, 2026Wall Street equity indexes dipped on Thursday as AI jitters offset some encouraging economic data while Europe's stocks rallied as
October 29, 2026Brazil's surprising reelection of leftist President Luiz Inacio Lula da Silva will have implications for the global flow of commodities from the
October 29, 2026British finance minister John Healey said the government would reduce spending on welfare benefits as he sought to address one of the
October 29, 2026US shippers in the third quarter paid the most to move freight since 2021, after soaring diesel prices due to the US and Israeli war on Iran and a
October 29, 2026Massimiliano Matteri, a 49-year-old teacher from Dongo, a small town on Lake Como, was thrilled when he landed a full-time job at a secondary school in
October 29, 2026Oil prices fell on Thursday in a choppy session as hopes for peace talks between the US and Iran offset some concerns over Middle East supply
October 28, 2026US stocks slid on Thursday, with investors reassessing big tech's massive AI spending spree as they digested high-profile earnings and
October 29, 2026European Central Bank President Christine Lagarde will resign nine months before her term ends
October 29, 2026Police say a shooting outside the Republican Party of Virginia offices in Richmond Thursday is unrelated to the upcoming midterm elections
October 29, 2026A federal judge has ruled that chronically ill people on Medicaid won’t be bound by new work requirement rules that the latest Trump administration guidance requires in order to qualify for “medically frail” exemptions
October 29, 2026The US Federal Reserve is appropriately keeping a close watch on US economic data as it shapes its monetary policy, the International Monetary Fund said
October 29, 2026Eli Lilly shares surged to a record high on Thursday, as sales of blockbuster weight-loss injections helped the drugmaker beat quarterly profit expectations and raise its full-year
October 29, 2026Spain faces fresh concerns about rail safety after a second high-speed train crash this year killed 69 people
October 29, 2026Venezuela's interim President Delcy Rodriguez said on Thursday the government has made progress identifying state assets to offer to the private sector and former owners, a move
October 29, 2026The euro edged higher on Thursday after the European Central Bank kept interest rates unchanged, while the dollar eased against
October 29, 2026US stocks slid on Thursday, with investors reassessing big tech's massive AI spending spree as they digested high-profile earnings and
October 29, 2026Mastercard on Thursday rounded out a strong quarter for payment networks with a profit beat, as consumer spending held up despite worries over
October 29, 2026Crocs' shares surged about 27% on Thursday after the footwear maker raised its full-year forecasts, betting on a sustained recovery at its HEYDUDE brand and steady demand for its
October 29, 2026A lobbying group that says it represents farmers and meat companies is helping to fund $3 million in attack ads against Republicans in some of the most
October 29, 2026Wall Street's top alternative asset managers are betting on the AI boom by owning the infrastructure behind it and locking in rent through
October 29, 2026US oil firms ExxonMobil and Chevron have cancelled plans for their executives to travel to the United Arab Emirates' biggest oil show next week, citing security concerns, two
October 29, 2026DoorDash is offering $17 billion to buy Instacart to supercharge its grocery delivery business in what would be a big consolidation in grocery delivery
October 29, 2026Companies have been slashing jobs to invest in artificial intelligence, raising anxiety among workers who fear they may lose their livelihoods to machines
October 29, 2026A group of U.S. lawmakers is urging Secretary of State Marco Rubio not to support Colombia’s plans to restart aerial spraying of coca crops in the Amazon, warning of risks to human health and the environment
October 29, 2026The average long-term U.S. mortgage rate declined for the second straight week, falling to its lowest level in more than a month
October 29, 2026Major central banks took a break from interest rate rises this week, but they are by no means done, with energy prices near multi-
October 29, 2026European Central Bank President Christine Lagarde said on Thursday she had decided to step down eight months before her term was due to expire so that she can speak more
October 29, 2026The European Central Bank left interest rates unchanged in a well-telegraphed move on Thursday but clearly hinted at another hike
October 29, 2026The US economy grew at its fastest pace in a year in the third quarter, shrugging off higher oil prices stemming from the conflict in the Middle East
October 29, 2026European Central Bank policymakers expect to increase interest rates in December to fight high, energy-led inflation and then pause as a rise in bond yields is set to
October 29, 2026The International Monetary Fund said on Thursday its current mission to Egypt aims to reach a staff-level agreement and bring it to its executive board for approval before mid-
October 29, 2026Cash flow is king again.
October 29, 2026Russia will extend its diesel export ban until the end of the year while allowing some companies to ship fuel under a quota system to meet its new export commitment to the US, two
October 29, 2026Clorox on Thursday appointed Unilever executive Fabian Garcia as its new chief executive officer effective January 5.
October 29, 2026The U.S. economy posted strong growth in the July-September quarter yet inflation remained stubbornly high last month, government reports showed Thursday, painting a mixed picture less than a week before midterm elections in which the uncomfortably high cost of living has become a central issue
October 29, 2026The Swiss government has analysed how UBS would fare if it relocated abroad to escape stricter new capital rules, underlining how seriously officials are
October 29, 2026Last snapshot of the US economy before midterms shows stronger growth but higher inflation
October 29, 2026US stock index futures pared declines slightly on Thursday as investors assessed the latest inflation reading, released a day after the US Federal Reserve kept interest rates
October 29, 2026Eli Lilly raised its full-year revenue forecast by $5 billion and beat third-quarter profit estimates on Thursday on booming demand for its
October 29, 2026Americans Lynn and Paul Montoya sold their house and cars in Wyoming so they could afford to buy a $179,000 cabin on the residential cruise
October 29, 2026Cheniere Energy raised its full-year earnings forecast on Thursday, driven by higher LNG export volumes as Middle East supply disruptions pushed
October 29, 2026US inflation accelerated in September as consumers paid more for gasoline and other goods, supporting economists' expectations of an interest rate increase from the
October 29, 2026The number of Americans filing new claims for unemployment benefits hovered near 57-year lows last week amid labor market resilience.
October 29, 2026Caterpillar stuck to its annual sales growth forecast on Thursday despite strong demand for its power equipment from data centers, amid cost
October 29, 2026US stocks opened lower on Thursday as Alphabet's results rekindled worries about soaring AI costs, while investors assessed fresh inflation data following the Federal Reserve's
October 29, 2026DoorDash is buying Instacart for $17 billion
October 29, 2026DoorDash said on Thursday it would buy Instacart in a deal valued at about $17 billion, stepping up its push into the fast-growing US grocery
October 29, 2026The European Central Bank left interest rates unchanged in a well-telegraphed move on Thursday, and said inflation risks were on the rise from surging energy costs, which
October 29, 2026Airbnb is dedicating more than $500 million to its philanthropic arm over the next five years
October 29, 2026European Central Bank President Christine Lagarde said on Thursday she would step down early from her position in order to have the
October 28, 2026Hershey on Thursday warned that increased pressure on shoppers due to high inflation and interest rates could impact how much consumers spend on candy this
October 29, 2026Italy's government will allow motorists to personalise the number plates of their vehicles, in a revenue-raising move that follows the example of the Unites
October 29, 2026Hong Kong leader John Lee apologized Thursday and said his housing secretary resigned after an investigation into the city’s deadliest fire in decades found inadequate regulatory oversight
October 29, 2026A quiet US-Mexico border, and the reduced urgency of undocumented immigration, has deprived Republicans of an issue that previously energized voters and offered conservatives an advantage.
October 29, 2026A food systems researcher shows how trucking deregulation and lax antitrust enforcement let big grocery chains grow as rural distribution thinned.
October 29, 2026The number of Americans applying for unemployment claims dipped last week to 194,000 — lowest since mid-July — as layoffs remain low and most Americans enjoy job security
October 29, 2026The U.S. economy grew at a healthy 3.4% annual pace from July through September, accelerating from the second quarter on strong consumer spending and investment in artificial intelligence
October 29, 2026A handful of providers are hijacking the arbitration process – and consumers are likely to foot the bill.
October 29, 2026Grain trader Bunge beat Wall Street estimates for third-quarter adjusted profit on Thursday, benefiting from robust processing margins for soybeans and other oilseeds.
October 29, 2026Restaurant Brands International, beat Wall Street estimates for third-quarter comparable sales on Thursday, as value meals and new menu items drew more diners to its Burger King
October 29, 2026China's Communist Party confirmed the expulsion of 33 officials, including former Politburo member Ma Xingrui and former senior military leader Zhang Youxia, from the party
October 29, 2026US President Donald Trump has touted billions of dollars in new factories, energy projects and jobs while campaigning for Republicans
October 29, 2026There were few fireworks from the Federal Reserve on Wednesday, with two dissenters to the decision to keep rates unchanged, but there were indications of more hikes
October 29, 2026For years, the neighborhood watch group in the working-class area of Solanda in Ecuadorean capital Quito had patrolled their nighttime streets armed
October 29, 2026Christine Lagarde's decision to step down early as European Central Bank president ends an eventful seven years at an institution she
October 29, 2026European Central Bank President Christine Lagarde had resigned and will step down on February 7, the ECB said in a statement on Thursday.
October 29, 2026Get ready to fall back
October 29, 2026The head of Indonesia's Nutrition Agency, which runs the country's free meals programme, said on Thursday that his agency "desperately" needs to prevent food poisoning
October 29, 2026South Africa's economy is estimated to be about 5% larger than previously reported after a benchmarking and rebasing exercise, its statistics agency said
October 29, 2026Chinese electric vehicle maker BYD reported a smaller-than-expected 28% increase in third-quarter profit on Thursday as intensifying competition at home spread to overseas
October 29, 2026Volkswagen posted its steepest quarterly loss in more than a decade in the third quarter, hit by a writedown on its stake in Porsche and
October 29, 2026India will not compromise the interests of its farmers or stakeholders in a trade deal with the US and will have a strong advantage once the agreement
October 29, 2026Japan's government said on Thursday it is considering a scheme to channel public funds through private lenders to support corporate investment, seeking to
October 29, 2026Chipotle Mexican Grill shares rose 7% in premarket trading on Thursday on signs CEO Scott Boatwright's efforts to bring back diners with new menu launches and a marketing push were
October 29, 2026Global index provider MSCI's warning of a potential downgrade for Indonesia's stock market was a "short-term shock" and the country would recover, its central bank governor
October 29, 2026China is exporting a record amount of clean energy technology and that is making a dent in global emissions
October 29, 2026The strange math that shows how Trump got Venezuela to ‘gift’ oil to the United States
October 29, 2026Russia and US discussing sanctions relief for Moscow’s sovereign wealth fund, Kremlin aide says
October 29, 2026Volkswagen has posted a $6.5 billion after-tax loss for the July-September quarter
October 29, 2026In its pursuit of economic self-sufficiency, China must not create one-sided dependence in other markets, Germany's President Frank-Walter Steinmeier urged in an
October 29, 2026Danish brewer Carlsberg held its full-year profit guidance on Thursday after third-quarter sales matched expectations, though China remained a
October 29, 2026French employee benefits company Pluxee on Thursday delivered earnings for the fiscal year 2026 above market expectations, but forecast a year-on-year profit
October 29, 2026Top European brewers including Anheuser-Busch InBev warned this week that higher costs related to conflict in the Middle East were
October 29, 2026Carpets still hang on the walls of Mohammad Dawood’s home in a northern Afghanistan village,
October 29, 2026Japanese government bonds (JGBs) were steady on Thursday, a day before the Bank of Japan's monetary policy decision, while strong demand at an auction of 2-year notes
October 29, 2026A look at the day ahead in European and global markets from Wayne Cole.
October 29, 2026A U.S. cruise ship on a three-year voyage has suspended its journey in Cambodia due to high fuel costs, forcing hundreds of passengers to disembark
October 28, 2026US economic growth likely accelerated in the third quarter as resilient consumer spending and AI-driven business investment more than offset the impact
October 29, 2026Hyundai Motor reported a 5.5% rise in third-quarter operating profit on Thursday, as favourable foreign exchange rates helped offset the
October 29, 2026A voting member on the Bank of Korea's board warned that the recent pace of the won's moves warranted close monitoring, signalling caution over the currency even as the
October 29, 2026The Federal Reserve kept interest rates steady on Wednesday as expected, but it was not able to comfort bond investors
October 29, 2026A federal judge has rejected a Trump administration request to stop California from processing the ballots of up to 20,000 people
October 28, 2026Samsung Electronics has reported a record operating profit of $80.5 billion, driven by high demand for computer memory chips used in AI systems
October 29, 2026Donald Trump roared back into office two years ago partly on the power of immigration
October 29, 2026A Russian network of brokers sponsored by Pyongyang has taken North
October 29, 2026The Hong Kong Monetary Authority left its base interest rate unchanged on Thursday at 4.25%, following the US Federal Reserve's decision to hold rates steady.
October 29, 2026Vietnam has approved a plan to set the minimum state ownership level for state-run lenders at 65% by 2030, part of a broader programme to restructure state capital in major
October 29, 2026Samsung Electronics posted a 15-fold jump in quarterly chip profit on Thursday, powered by the AI boom, but its shares tumbled as investors
October 28, 2026A cyclone that powered up over unusually warm ocean waters hit part of India’s coastline that’s dense with billions of dollars in plans for data centers
October 28, 2026New Zealand central bank governor Anna Breman said on Thursday chances the bank will hike the official cash rate in December are "high".
October 28, 2026Australia's Star Entertainment said on Thursday it would accept a court-imposed penalty of A$260 million ($183.6 million) for breaching anti-money laundering and counter-terrorism
October 28, 2026Microsoft on Wednesday forecast fiscal second-quarter cloud growth and overall sales that beat Wall Street estimates, sending
October 28, 2026A US judge strongly rebuked the Trump administration on Wednesday by rejecting a request by the Justice Department to temporarily
October 28, 2026Mexico's Becle, the world's biggest tequila maker and owner of Jose Cuervo, reported a steep drop in third-quarter profit on Wednesday, missing market expectations as
October 28, 2026Ford Motor’s third-quarter core profit increased slightly to $2.7 billion, as the Michigan automaker overcame production struggles with its
October 28, 2026Law firm that handled Lehman, Enron bankruptcies plans to wind down
October 28, 2026Young boy rescued after falling into septic pipe
October 28, 2026(Corrects production figure in paragraph 3 to clarify that output in Argentina is expected to reach 160,000 metric tons by 2028, not 200,000 metric tons) By Lucila Sigal SAN FERNANDO DEL VALLE DE
October 28, 2026Wall Street rose on Wednesday after the Federal Reserve kept interest rates on hold and as investors focused on key earnings reports.
October 28, 2026By Michael S.
October 28, 2026By Michael S.
October 28, 2026Global stocks and major Wall Street indexes gained on Wednesday after the Federal Reserve held interest rates steady, as
October 28, 2026Google parent Alphabet reported disappointing results in the core business of search advertising and a massive acceleration in cash burn as it poured
October 28, 2026FedEx is paying more to hire extra truckers, a cost that weakened margins in its core US express delivery segment in the third quarter and is expected to hit even harder in the
October 28, 2026US President Donald Trump found on Wednesday that imported robotics and machinery pose national security risks but did not impose any immediate
October 28, 2026Chipotle Mexican Grill reported better-than-expected comparable sales on Wednesday, as marketing efforts, limited-time menu offerings and
October 28, 2026The weekend escape of a Tennessee inmate who was convicted of murdering a co-worker was just the latest black eye for the state’s troubled prison system, coming only weeks after the failed execution of Christa Pike
October 28, 2026The U.S. Federal Trade Commission is ordering Delta Air Lines, Walmart and other companies to provide detailed information on how they use consumers’ data when they are setting prices
October 28, 2026Authorities say that the suspects in an alleged plot to carry out a shooting at a Georgia high school had a floor plan of the school and had chosen a date
October 28, 2026The UN General Assembly overwhelmingly urged an end to the decades-long US economic embargo on Cuba on Wednesday, but a
October 28, 2026Hundreds of people permanently living aboard a touring cruise ship were forced to disembark in Cambodia this week after the vessel's operator said fuel price increases from the Iran
October 28, 2026Meta announced on Wednesday that it was indefinitely delaying the rollout of its new commercial terms following concerns from publishers and digital advertisers, in a move
October 28, 2026Federal Reserve Chair Kevin Warsh said that he plans to attend a November 16 field hearing of the central bank's productivity and jobs task force in the San Francisco
October 28, 2026Federal Reserve Chairman Kevin Warsh said on Wednesday that the US economy is not running too hot despite some demand pressures from the boom in AI investment, adding
October 28, 2026Italy will raise taxes on banks, insurers, energy firms and the gaming industry to help finance its 2027 budget, ministers said after
October 28, 2026CNN, MS NOW and Politico expand lawsuit against Trump White House, citing continued ‘viewpoint discrimination’
October 28, 2026The Federal Reserve held interest rates steady on Wednesday, awaiting further data on the path of inflation, and said it would reduce its policy-meeting schedule starting
October 28, 2026Phillips 66 on Wednesday reported a record quarterly profit, topping Wall Street estimates, powered by higher refining margins on fuel supply disruptions due
October 28, 2026The US Federal Trade Commission is demanding information from Walmart, Uber and seven other companies on whether and how they use individuals' personal data such as
October 28, 2026The Federal Reserve held interest rates steady on Wednesday, as expected, opting to delay any changes to borrowing costs until after
October 28, 2026The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite stubbornly high inflation, while providing little hint about its next moves
October 27, 2026Fed keeps interest rates unchanged, but two officials dissented in favor of a rate hike
October 28, 2026The top US agency for consumer financial protection is not adequately protecting databases with large volumes of sensitive consumer and business
October 28, 2026The U.N. General Assembly has condemned the U.S. economic embargo of Cuba for the 34th year
October 28, 2026Canada and the European Union agreed to "ever closer association" but dropped the contentious idea of associate EU membership in a
October 28, 2026UK finance minister John Healey offered help on Wednesday to households buffeted by "global economic storms", easing the hit from rising
October 27, 2026President Vladimir Putin told African leaders on Wednesday that Russia was their best partner, accusing what he cast as a colonial West of still trying to exploit the
October 28, 2026