Today: October 31, 2026
Today: October 31, 2026

Economy

Business|Economy

Venezuela to offer state assets to private sector, Rodriguez says

Venezuela'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

Arts|Economy|Europe|Finance

Euro edges up versus dollar after ECB holds rates

The euro edged higher on Thursday after the European Central Bank kept interest rates unchanged, while the dollar eased against

Business|Economy|Technology

Wall Street ends lower as Alphabet revenue miss revives AI capex jitters

US stocks slid on Thursday, with investors reassessing big tech's massive AI spending spree as they digested high-profile earnings and

Americas|Asia|Business|Economy|Europe|Finance|MidEast|Stock Markets

Mastercard caps strong quarter for card giants as consumer spending holds up

Mastercard on Thursday rounded out a strong quarter for payment networks with a profit beat, as consumer spending held up despite worries over

Business|Economy|Finance

Crocs shares surge on raised forecast as HEYDUDE turnaround gains traction

Crocs' 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

Business|Economy|Election|Political

Animal welfare-focused farm group targets Republicans in rural races

A 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

Business|Economy|Finance|Science|Technology

Wall Street's AI bet: Own the infrastructure, collect the rent

Wall Street's top alternative asset managers are betting on the AI boom by owning the infrastructure behind it and locking in rent through

Arts|Economy|Education|Entertainment|Europe|MidEast

Exxon, Chevron cancel executive trips to UAE's ADIPEC, sources say

US 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

Business|Economy|Technology

DoorDash offers $17 billion for Instacart in what would be a big consolidation for grocery delivery

DoorDash is offering $17 billion to buy Instacart to supercharge its grocery delivery business in what would be a big consolidation in grocery delivery

Business|Economy|Finance|Technology

What to consider if a company that made AI-related job cuts wants you back

Companies have been slashing jobs to invest in artificial intelligence, raising anxiety among workers who fear they may lose their livelihoods to machines

Economy|Environment|Health|Political

US lawmakers urge Trump administration to oppose Colombia's Amazon aerial spraying plans

A 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

Business|Economy|Finance

The average 30-year US mortgage rate dips to 7.24%, the lowest level in more than a month.

The average long-term U.S. mortgage rate declined for the second straight week, falling to its lowest level in more than a month

Arts|Asia|Economy|Europe|MidEast

Central banks take a breather, though more hikes are to come

Major central banks took a break from interest rate rises this week, but they are by no means done, with energy prices near multi-

Business|Economy|Europe|Political

ECB's Lagarde resigns early so she can speak freely on topics beyond monetary policy

European 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

Arts|Economy|Europe|Finance|World

ECB flags December hike but sees yield rise hitting growth

The European Central Bank left interest rates unchanged in a well-telegraphed move on Thursday but clearly hinted at another hike

Business|Economy|Finance

Robust consumer spending, AI-related investment power US economy in third quarter

The 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

Business|Economy|Europe|Finance

ECB governors see December hike likely followed by pause, sources say

European 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

Business|Economy|World

IMF aims for Egypt's last program review to be cleared by mid December

The 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-

Arts|Business|Economy|Technology

Cash is king, as investors draw new battle lines in AI spending boom

Cash flow is king again.

Economy

Russia to extend diesel export ban, use quotas to fulfil US deal, sources say

Russia 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

Business|Economy|Finance

Clorox appoints Unilever executive as its new CEO

Clorox on Thursday appointed Unilever executive Fabian Garcia as its new chief executive officer effective January 5.

Arts|Economy|Election|Finance

Strong growth and inflation paints mixed picture of economy days before midterm elections

The 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

Arts|Economy|Europe|Finance

Swiss assess potential UBS relocation, highlight difficulties

The Swiss government has analysed how UBS would fare if it relocated abroad to escape stricter new capital rules, underlining how seriously officials are

Business|Economy|Finance

Last snapshot of the US economy before midterms shows stronger growth but higher inflation

Last snapshot of the US economy before midterms shows stronger growth but higher inflation

Business|Economy|Finance

US stock index futures pare losses after economic data

US 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

Business|Economy|Finance|Health|Science|Stock Markets

Eli Lilly lifts revenue outlook as weight-loss shot demand soars, shares jump

Eli Lilly raised its full-year revenue forecast by $5 billion and beat third-quarter profit estimates on Thursday on booming demand for its

Economy|Finance|Travel|World

US couple's retirement dream in ruins after residential cruise scrapped in Cambodia

Americans 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

Business|Economy

Cheniere boosts forecast as Middle East gas disruptions buoy demand for US LNG

Cheniere Energy raised its full-year earnings forecast on Thursday, driven by higher LNG export volumes as Middle East supply disruptions pushed

Business|Economy|Finance

US inflation heats up in September; consumer spending rises

US inflation accelerated in September as consumers paid more for gasoline and other goods, supporting economists' expectations of an interest rate increase from the

Arts|Economy

US weekly jobless claims hover near 57-year lows

The number of Americans filing new claims for unemployment benefits hovered near 57-year lows last week amid labor market resilience.

Business|Economy|Finance|Technology

Caterpillar sticks to annual sales forecast amid cost pressures, shares dive

Caterpillar stuck to its annual sales growth forecast on Thursday despite strong demand for its power equipment from data centers, amid cost

Business|Economy|Technology

Wall St falls at open as Alphabet results reignite AI spending fears

US 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

Business|Economy|Finance|Technology

DoorDash is buying Instacart for $17 billion

DoorDash is buying Instacart for $17 billion

Arts|Business|Economy|Finance|Stock Markets|Technology|US

DoorDash strikes $17 billion deal for US rival Instacart in mega grocery delivery bet

DoorDash 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

Business|Economy|Europe|Finance|Stock Markets

ECB keeps rates unchanged; euro and bond yields fall

The 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

Business|Economy|Environment|Technology|Travel

Airbnb pledges $500M for its nonprofit to offer more free emergency stays

Airbnb is dedicating more than $500 million to its philanthropic arm over the next five years

Business|Economy|Europe|Finance

ECB's Lagarde steps down, saying she can't remain neutral on world events

European Central Bank President Christine Lagarde said on Thursday she would step down early from her position in order to have the

Arts|Business|Economy|Food

Hershey warns rising living costs may spook Halloween shoppers

Hershey on Thursday warned that increased pressure on shoppers due to high inflation and interest rates could impact how much consumers spend on candy this

Economy|Finance|Lifestyle

Meloni introduces personalised number plates, urges Italians to be 'creative'

Italy'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

Arts|Business|Crime|Economy|Election|Environment|Europe|Finance|MidEast

Hong Kong's housing minister resigns after fire investigation finds inadequate oversight

Hong 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

Economy

Democrats are the unwitting beneficiaries of Trump’s immigration policies

A 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.

Economy|Environment|Food|Science

Federal policy helped widen rural America’s fresh food gap, but a 90-year-old law could help close it

A food systems researcher shows how trucking deregulation and lax antitrust enforcement let big grocery chains grow as rural distribution thinned.

Arts|Business|Economy|Entertainment|Finance|Lifestyle|Technology

US unemployment claims slide to 194,000, the lowest since mid-July

The 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

Economy|Technology

US economy grows at brisk 3.4% pace in third quarter on strong consumer spending and AI investment

The 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

Economy|Health|Science

How the law protecting Americans from surprise medical bills is driving up healthcare costs

A handful of providers are hijacking the arbitration process – and consumers are likely to foot the bill.

Arts|Business|Economy

Bunge beats quarterly profit estimates on strong crush margins

Grain trader Bunge beat Wall Street estimates for third-quarter adjusted profit on Thursday, benefiting from robust processing margins for soybeans and other oilseeds.

Arts|Business|Economy|Finance|Food|US

Restaurant Brands tops sales estimates as Burger King deals draw diners

Restaurant 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

Economy|Political|World

China's Communist Party confirms expulsion of 33 officials

China'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

Africa|Americas|Arts|Asia|Australia|Business|Crime|Economy|Education|Entertainment|Environment|Europe|Finance|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

Trump touts projects and payouts on the campaign trail. Many are uncertain

US President Donald Trump has touted billions of dollars in new factories, energy projects and jobs while campaigning for Republicans

Arts|Economy|Finance|Science|Technology

Firefighting cash burn

There 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

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

As criminal networks spread in Latin America, Quito is new battleground

For years, the neighborhood watch group in the working-class area of Solanda in Ecuadorean capital Quito had patrolled their nighttime streets armed

Economy|Europe|Finance

Christine Lagarde: The outsider who led the ECB her way

Christine Lagarde's decision to step down early as European Central Bank president ends an eventful seven years at an institution she

Economy|Europe|Finance

ECB President Lagarde resigns effective Feb 7

European Central Bank President Christine Lagarde had resigned and will step down on February 7, the ECB said in a statement on Thursday.

Business|Economy|Environment|Science

Senate is skeptical about making daylight saving time permanent despite Trump's pressure

Get ready to fall back

Asia|Economy|Food|Health

Indonesian free meals agency pledges urgent action to curb food poisoning

The 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

Business|Economy|Finance

South African economy 5% bigger after rebasing, moving further ahead of Nigeria

South Africa's economy is estimated to be about 5% larger than previously reported after a benchmarking and rebasing exercise, its statistics agency said

Business|Economy|Finance|Technology

BYD's third-quarter profit growth slows, misses forecasts

Chinese 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

Business|Economy|Finance|Technology

Volkswagen posts deepest loss since Dieselgate on Porsche writedown, China woes

Volkswagen posted its steepest quarterly loss in more than a decade in the third quarter, hit by a writedown on its stake in Porsche and

Economy|Political|World

India says trade deal with US will not hurt its farmers

India 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

Business|Economy|Finance|Technology

Japan weighs government-backed bank lending scheme to spur strategic investment

Japan's government said on Thursday it is considering a scheme to channel public funds through private lenders to support corporate investment, seeking to

Business|Economy|Food|Stock Markets

Chipotle shares rise as burrito chain sharpens focus on traffic revival

Chipotle 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

Asia|Business|Economy|Finance|Stock Markets

MSCI warning a 'short-term shock', Indonesia central bank chief reassures businesses

Global 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

Business|Economy|Environment|Science|Technology

China's record-breaking exports of clean tech are making a big dent in emissions, report says

China is exporting a record amount of clean energy technology and that is making a dent in global emissions

Arts|Economy|Finance

The strange math that shows how Trump got Venezuela to ‘gift’ oil to the United States

The strange math that shows how Trump got Venezuela to ‘gift’ oil to the United States

Business|Economy

Russia and US discussing sanctions relief for Moscow’s sovereign wealth fund, Kremlin aide says

Russia and US discussing sanctions relief for Moscow’s sovereign wealth fund, Kremlin aide says

Arts|Economy|Entertainment|Europe|Finance

Volkswagen posts $6.5 billion quarterly loss as China slump, Porsche writedown weigh on bottom line

Volkswagen has posted a $6.5 billion after-tax loss for the July-September quarter

Africa|Americas|Asia|Economy|Europe|MidEast|Political

Germany's Steinmeier says China must avoid one-sided benefits in economic ties

In 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

Arts|Business|Economy|Europe|Finance

Carlsberg holds profit guidance despite weak China sales

Danish brewer Carlsberg held its full-year profit guidance on Thursday after third-quarter sales matched expectations, though China remained a

Arts|Business|Economy|Entertainment|Finance|Food

Pluxee earnings beat expectations, but fiscal 2027 profit decline looms 

French employee benefits company Pluxee on Thursday delivered earnings for the fiscal year 2026 above market expectations, but forecast a year-on-year profit

Business|Economy|Europe|Finance|MidEast|World

Brewers start to feel the costs of prolonged war in Iran

Top European brewers including Anheuser-Busch InBev warned this week that higher costs related to conflict in the Middle East were

Economy|Environment|Health|Interview

Taliban’s poppy ban falters as Afghan farmers say they can't feed their children

Carpets still hang on the walls of Mohammad Dawood’s home in a northern Afghanistan village,

Business|Economy|Finance

Japan bonds steady ahead of BOJ decision; strong auction lends support

Japanese 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

Business|Economy|Finance|Stock Markets

In the AI alphabet, cash is king

A look at the day ahead in European and global markets from Wayne Cole.

Business|Economy|Travel|World

A US cruise ship suspends a global voyage in Asia due to fuel costs, stranding 200 passengers

A 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

Business|Economy|Finance|Technology

AI-related investment, consumers likely boosted US economic growth in third quarter

US economic growth likely accelerated in the third quarter as resilient consumer spending and AI-driven business investment more than offset the impact

Business|Economy|Finance|Technology

Hyundai Motor reports 5.5% rise in Q3 operating profit, beats forecasts

Hyundai Motor reported a 5.5% rise in third-quarter operating profit on Thursday, as favourable foreign exchange rates helped offset the

Asia|Business|Economy|Finance|Interview|World

Bank of Korea board member says won moves faster than expected

A 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

Arts|Economy|Entertainment|Finance

Fed highlights economic strength but muddies outlook for Treasuries

The Federal Reserve kept interest rates steady on Wednesday as expected, but it was not able to comfort bond investors

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Judge denies federal request to segregate California ballots, says it would 'wreak havoc' on voting

A federal judge has rejected a Trump administration request to stop California from processing the ballots of up to 20,000 people

Business|Economy|Finance|Science|Technology

Samsung keeps shattering profit records as AI boom lifts chip demand

Samsung Electronics has reported a record operating profit of $80.5 billion, driven by high demand for computer memory chips used in AI systems

Economy|Election|Political

How Trump's immigration crackdown sparked a backlash that could boomerang in the midterms

Donald Trump roared back into office two years ago partly on the power of immigration

Economy

Moscow, Pyongyang back network sending workers to Russian factories, report says

A Russian network of brokers sponsored by Pyongyang has taken North

Business|Economy|Finance|World

Hong Kong Monetary Authority leaves interest rates unchanged, tracking Fed move

The 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.

Arts|Economy|Europe|Finance|World

Vietnam sets 65% state ownership floor for major banks, to retain control of strategic groups

Vietnam 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

Business|Economy|Technology

Samsung sees AI chip shortage worsening, keeps investors in suspense on returns

Samsung Electronics posted a 15-fold jump in quarterly chip profit on Thursday, powered by the AI boom, but its shares tumbled as investors

Economy|Environment|Science|Technology|World

The path of Cyclone Arnab went through India's plans for data centers and future growth

A 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

Business|Economy|Finance|Interview

New Zealand central bank governor says chances of December hike are 'high'

New Zealand central bank governor Anna Breman said on Thursday chances the bank will hike the official cash rate in December are "high".

Australia|Business|Economy|Finance

Australia's Star Entertainment accepts $183.6 million anti-money laundering penalty

Australia'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

Business|Economy|Finance|Technology

Microsoft's cloud growth, cash flow offer respite from AI spending fears

Microsoft on Wednesday forecast fiscal second-quarter cloud growth and overall sales that beat Wall Street estimates, sending

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Judge says Trump bid to set aside California ballots would ‘wreak havoc’ on democracy

A US judge strongly rebuked the Trump administration on Wednesday by rejecting a request by the Justice Department to temporarily

Business|Economy|Finance

Sobering quarter for Jose Cuervo distiller as profit slumps

Mexico'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

Arts|Economy|Entertainment|Europe|MidEast|US

Ford’s third-quarter core profit ticks higher despite rising commodity costs

Ford Motor’s third-quarter core profit increased slightly to $2.7 billion, as the Michigan automaker overcame production struggles with its

Business|Economy|Finance

Law firm that handled Lehman, Enron bankruptcies plans to wind down

Law firm that handled Lehman, Enron bankruptcies plans to wind down

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

Young boy rescued after falling into septic pipe

Young boy rescued after falling into septic pipe

Business|Economy|Environment|Science|Technology|World

Rio Tinto doubles down in Argentina with new lithium plants

(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

Business|Economy|Finance|Stock Markets|Technology

Trading Day: Fed pauses, Big Tech reports

Wall Street rose on Wednesday after the Federal Reserve kept interest rates on hold and as investors focused on key earnings reports.

Business|Economy|Finance

Fed's policy committee to weigh balance sheet issues early next year, Warsh says

By Michael S.

Arts|Economy|Finance

Fed's Warsh announces changes in how future FOMC meetings will go

By Michael S.

Arts|Economy|Finance|Stock Markets|Technology|US|World

Global stocks hold gains after Fed decision, oil prices rise

Global stocks and major Wall Street indexes gained on Wednesday after the Federal Reserve held interest rates steady, as

Business|Economy|Finance|Stock Markets|Technology

Alphabet stock sinks as search woes cause revenue miss, cash burn worsens

Google parent Alphabet reported disappointing results in the core business of search advertising and a massive acceleration in cash burn as it poured

Arts|Business|Economy

FedEx margins decline as it pays more to hire truckers, shares fall

FedEx 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

Business|Economy|Science|Technology|World

Trump says imported robotics pose national security risks but does not impose tariffs

US President Donald Trump found on Wednesday that imported robotics and machinery pose national security risks but did not impose any immediate

Business|Economy|Finance|Food

Chipotle tops quarterly sales expectations as it continues to attract diners

Chipotle Mexican Grill reported better-than-expected comparable sales on Wednesday, as marketing efforts, limited-time menu offerings and

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Inmate's escape is just the latest problem for Tennessee's troubled prison system

The 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

Business|Economy|Finance|Technology

FTC orders Walmart, Delta and others to share how they use personal data to set prices and pay

The 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

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

Suspects in alleged school shooting plot in Georgia had floor plan, had chosen a date, warrants say

Authorities 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

Economy|Finance|Political|World

US sways more countries to oppose UN resolution condemning its Cuba embargo

The UN General Assembly overwhelmingly urged an end to the decades-long US economic embargo on Cuba on Wednesday, but a

Business|Economy|Travel

Cruise ship residents left stranded in Cambodia after fuel prices soar

Hundreds 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

Business|Economy|Europe|Technology

Meta delays indefinitely its rollout of new commercial terms after publishers' concerns

Meta 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

Economy|Science|Technology

Warsh to attend Fed jobs and productivity task force hearing to refine views

Federal 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

Business|Economy|Finance|Technology

Fed's Warsh says US economy not running too hot

Federal 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

Economy|Europe|Finance

Italy approves 2027 budget with tax hikes on banks and energy firms

Italy will raise taxes on banks, insurers, energy firms and the gaming industry to help finance its 2027 budget, ministers said after

Business|Economy|Election|Finance|Political|Stock Markets

CNN, MS NOW and Politico expand lawsuit against Trump White House, citing continued ‘viewpoint discrimination’

CNN, MS NOW and Politico expand lawsuit against Trump White House, citing continued ‘viewpoint discrimination’

Business|Economy|Finance|Political|Stock Markets|US

FOMC holds rates steady, markets rise modestly

The 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

Business|Economy|Finance|Stock Markets

Phillips 66 posts record quarterly profit on refining strength

Phillips 66 on Wednesday reported a record quarterly profit, topping Wall Street estimates, powered by higher refining margins on fuel supply disruptions due

Arts|Economy|Science|Technology

US FTC demands Walmart, Uber, Delta and others hand over data on personalized pricing

The 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

Economy

Fed leaves rates unchanged as it awaits 'accumulation of more information'

The Federal Reserve held interest rates steady on Wednesday, as expected, opting to delay any changes to borrowing costs until after

Business|Economy|Finance

Federal Reserve keeps rates unchanged despite elevated inflation

The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite stubbornly high inflation, while providing little hint about its next moves

Business|Economy

Fed keeps interest rates unchanged, but two officials dissented in favor of a rate hike

Fed keeps interest rates unchanged, but two officials dissented in favor of a rate hike

Business|Crime|Economy|Technology

US consumer watchdog's information security 'not effective,' watchdog finds

The top US agency for consumer financial protection is not adequately protecting databases with large volumes of sensitive consumer and business

Economy|Political|World

UN condemns US economic embargo of Cuba though more nations sit out after Trump administration push

The U.N. General Assembly has condemned the U.S. economic embargo of Cuba for the 34th year

Economy|Europe

Canada, European Union officials drop 'associate member' from joint summit declaration

Canada and the European Union agreed to "ever closer association" but dropped the contentious idea of associate EU membership in a

Economy|Finance

In first budget, UK's Healey tries to shelter households from economic storms

UK finance minister John Healey offered help on Wednesday to households buffeted by "global economic storms", easing the hit from rising

Economy|Political|World

Putin woos African leaders, says Russia a better partner than 'colonial' West

President 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

Business|Economy|Health|Science|Technology

US Health Secretary Kennedy opens access to some unapproved peptides

US Health Secretary Robert F.

Business|Economy

Airbus holds annual targets, bets on year-end delivery surge

Airbus maintained its full-year forecasts and production plans on Wednesday after reporting mixed third-quarter earnings,

Economy|Political|World

Mexico, US assess viability of trade deal before midterms

Mexican President Claudia Sheinbaum said on Wednesday that trade talks with the US were advancing as both sides assessed whether an agreement could be reached before

Business|Economy|Finance|Technology

AI giants' funding ambitions test Wall Street's appetite for risk

The heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificial intelligence buildout

Business|Economy|Technology

Apple shows pricey touchscreen laptops, a first for the iPhone maker

Apple CEO John Ternus unveiled the company's first touchscreen MacBooks on Wednesday, abandoning a long-held aversion to the technology as it caps a

Arts|Business|Economy|Finance|Stock Markets|US

Frontier swings to surprise profit on 'healthy balance' between higher fares and demand

Frontier Airlines has a healthy balance between ticket prices and passenger volume, its chief executive said on Wednesday, after the airline

Business|Economy|Finance

Wendy's gets $1.4 billion take-private offer from Peltz-led group

Billionaire Nelson Peltz and several partners on Wednesday offered to buy burger chain Wendy's for $1.4 billion, arguing that the

Economy

Hell will freeze over before Havana gives in to Trump. But regular Cubans don’t have that long

Hell will freeze over before Havana gives in to Trump. But regular Cubans don’t have that long

Arts|Economy|Election|Europe|Science|Technology|US

Iran war's cost to American taxpayers grows to an estimated $47.1 billion

The cost of the Iran war to American taxpayers has grown to an estimated $47.1 billion

Business|Economy|Finance|Political

UK seeks to give households 'breathing space' this winter over Iran war energy price spike

U_K_ Treasury chief John Healey has used his first budget statement to offer households and businesses support with their energy bills this winter in the face of what he termed “global economic storms.”

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A ceasefire in a Ukrainian city is holding, officials say, as Moscow and Kyiv await US-led talks

Officials say that a six-day ceasefire in the Russian-occupied city of Oleshky in southern Ukraine has held for its first day and night

Business|Economy|Europe|Finance

Germany set for record trade deficit with Asia-Pacific in 2026, report says

Germany's trade deficit with Asia-Pacific is set to hit a record of nearly €146 billion ($163 billion) in 2026 as falling exports to China outweigh growing

Business|Economy|Finance|Technology

SAP swaps costly AI models for cheaper alternatives, targets over €2 billion in gains

SAP, whose software is used by many of the world's largest companies,

Business|Economy|Political|World

Canada reports limited progress in trade talks with US

There has been limited progress in trade talks with the United States to ease US tariffs on Canadian steel and autos, a Canadian

Economy|Finance

UK inflation forecast to average 3.4% in 2027, OBR says

British inflation is set to average 3.4% in 2027, the country's budget watchdog said on Wednesday following finance

Arts|Economy|Environment|Europe|Science|Technology|Travel|US

Oil prices rise on Yemen fighting, Saudi refinery attack

Oil prices edged up about 1% on Wednesday on renewed concerns about additional energy supply disruptions in the Middle East due to continued fighting in

Business|Economy|Finance|Political

Bank of Canada raises key interest rate, says another hike possible

The Bank of Canada on Wednesday hiked its key policy rate for the first time in more than three years and said further increases

Arts|Business|Economy|Finance

US crude and distillate inventories fall, gasoline stocks rise, EIA says

US crude and distillate inventories fell due to higher demand, while gasoline stockpiles rose last week, the Energy Information

Business|Economy|Finance

What to expect from the Fed today

What to expect from the Fed today

Economy|Environment|Science|World

In southern Chile, locals push to protect oceans that have been hurt by intensive salmon farming

The remote Guaitecas Archipelago has more than 40 small islands and is a gateway to Chile’s Patagonia region

Business|Economy|Environment|Food

Argentina sees EU soymeal opportunity as deforestation rules threaten Brazil trade

Brazil's soybean industry fears the European Union's new

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Walmart cuts holiday meal basket price to $3.50 per person

Retail giant Walmart on Wednesday unveiled its holiday meal basket price at $3.50 per person, the lowest since the retailer launched the program in 2022 at a time US shoppers are

Business|Economy|Finance

US goods trade deficit widens as AI-related demand pushes imports to record high

The US trade deficit in goods unexpectedly widened in September as imports surged to a record high, driven by strong demand for capital goods linked to

Business|Economy|Finance

EQT's acquisition of Range underscores race to dominate US natgas market

EQT's acquisition of rival producer Range Resources this week marks the latest consolidation in the natural gas industry, as producers are scrambling to lock in

Business|Economy

Bank of America plans new branches in Wisconsin, Alabama, New Orleans

Bank of America plans to open 19 branches in Wisconsin by 2030, creating 130 jobs, it said on Wednesday, and is on course to open 50 branches a year across the US.

Business|Economy|Finance

UK economic growth downgraded to 1% in 2027, Healey says in first budget

Britain's economy is forecast to grow by 1% next year, finance minister John Healey said on Wednesday, citing the latest projections from the Office for Budget

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Iranians cut essentials and put dreams on hold as war-hit economy bites

Iranian families are cutting back on food, housing and education as the eight-month-old war with the United States fuels one of the country's worst inflation

Economy|Finance|Political

Healey says UK will have £15 billion of fiscal headroom at end of forecast period

Britain's government will have a smaller buffer to meet its fiscal targets by the end of the decade, finance minister John Healey said in his first budget speech on

Business|Economy|Political

UK's Healey raises business rates threshold for small firms

British finance minister John Healey said on Wednesday he would raise the threshold at which small companies start paying business rates.

Business|Economy|Finance|Technology

S&P 500, Nasdaq open higher as SK Hynix lifts chips; Fed in focus

The S&P 500 and the Nasdaq opened higher on Wednesday as memory-chip firms climbed after SK Hynix's bumper results, while investors looked to upcoming key corporate earnings as the

Business|Economy|Environment|Finance|World

World Bank sees commodity prices up 23% in 2026 due to Middle East war, other shocks

Global commodity prices are set to surge 23% in 2026, the World Bank said on Wednesday, citing rising energy prices and disruptions to cargo shipping

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These are the four best used electric SUVs for under $25,000, according to Edmunds

The growing supply of used EVs has made electric SUVs more accessible to shoppers who don’t want to spend new-car money

Business|Crime|Economy|Education|Election|Finance|Health|Science|Technology

Why over two-thirds of Americans say their country is in decline

A recent national survey reveals a US electorate that is unsettled, gloomy and likely looking for political change.

Arts|Economy|Education|Food|Health|Science

New restrictions on purchases with SNAP benefits in some states mean fewer convenience stores are accepting them

Stores in waiver states may need to update their checkout systems and train employees to prevent purchases that are no longer allowed with SNAP benefits – potentially a big burden for retailers.

Business|Economy|Health|Science

1 in 4 Pennsylvanians say they paid out of pocket for their annual checkup. Why isn’t insurance covering these preventive visits?

Billing errors, testing and questions about new symptoms can lead to unexpected bills, making some patients wary to go back for their next checkup.

Arts|Economy|Education|Entertainment|Environment|Finance|Science|Technology

Some states are stepping up after federal childcare cuts – and now offer lessons for the future

Improving both supply and quality of childcare has been the focus of several states trying to find solutions on their own.

Economy|Finance|Health

Plans with cheaper premiums are risky business for Americans seeking lower healthcare costs

Some options that might look like health insurance actually aren’t – and they may leave you stranded with large, unexpected medical expenses.

Business|Economy|Health|Science

US estrogen supply crunch widens as women seek alternatives to scarce patches

Women in the US struggling to find hormone replacement treatments to manage menopause symptoms are facing shortages beyond estrogen patches amid surging demand,

Business|Economy|Finance|Technology

EQT, Bain $5 billion Kakaku showdown heralds contested Japan buyout era

A battle between private equity firms EQT and Bain to acquire a $5 billion Japanese internet company illustrates how takeovers in Japan are

Business|Economy|Finance|Technology

Mercedes readies 2030 strategy update with China at its core

Mercedes-Benz is preparing a broader strategy update for 2030 and beyond, with China to remain a central pillar of its long-term plans, CEO Ola Källenius said, even

Business|Economy|Technology|World

South Korea media commission fines Google and Apple over app payment systems

South Korea's Media and Communications Commission has fined Google and Apple for limiting users to specific app payment systems and ordered corrective measures, the regulator

Business|Economy|Environment

US regulator proposes new rules to speed up LNG projects

A US regulator proposed new rules on Wednesday to hasten liquefied natural gas projects and expand export capacity as part of the Trump administration's larger push to

Business|Economy|Environment|Health|Technology

Meta and Snap face major US legal test of youth social media addiction claims

Two teenage plaintiffs who say social media caused them to develop serious mental health problems will take Meta Platforms and Snap to trial in Los Angeles on

Arts|Economy|Europe

As Iran war drags on, airlines pull back on fuel hedges and warn on fares

With jet fuel prices at roughly double their levels before the Iran war, airlines are growing increasingly

Business|Economy|Finance|Stock Markets|US

Robinhood shares fall as crypto markets chill drives profit miss

Robinhood's shares fell 8% in premarket trading on Wednesday after a prolonged chill in crypto markets dragged the trading platform's third-quarter profit below Wall Street

Arts|Business|Economy|Europe|Finance|MidEast|Stock Markets

European banks beat profit forecasts, Brazil overshadows Santander 

European banks went some way to easing investor concerns about slowing earnings momentum

Business|Economy|Finance|Technology

Information overload

Much of this week's busy event calendar gets packed into the next 24 hours.

Business|Economy|Finance|Technology|World

South Korea fines Google and Apple over unfair app market practices

South Korea on Wednesday fined Google and Apple a combined $47.6 million, saying they abused their dominance in app store markets by forcing local developers onto their own payment systems and by unfairly delaying app reviews

Business|Economy|Finance

Generic drugmaker Sandoz cuts sales outlook, shares fall

Swiss generic drugmaker Sandoz lowered its full-year sales growth guidance after short-term biosimilar-supply constraints weighed on third-quarter

Business|Economy|Technology

US rocket motor maker with Trump family ties valued at $1.4 billion

Donald Trump Jr.-backed defense startup Firehawk Defense was valued at more than $1.4 billion in a new financing round, it said on Wednesday, as private