Today: October 25, 2026
Today: October 25, 2026

Economy

Economy|Finance|Political|US|World

Trump puts new Russia sanctions that he recently signed into law on hold, citing national interest

President Donald Trump has signed an executive order that puts on hold a sweeping new sanctions package targeting the Russian economy, telling Congress the pause was in the national interest

Economy|Election

Brazil's Flavio Bolsonaro pledges fiscal adjustment, rejects cuts to social spending

Brazilian Senator Flavio Bolsonaro said on Friday that, if elected president, he would seek to curb Brazil's rising public debt without touching politically sensitive

Arts|Business|Economy|Education|Entertainment|Finance|Food|Interview|Lifestyle|Opinion|Political|Sports|Stock Markets|US

Canada's Carney makes final appeal against Alberta separation ahead of referendum

Canadian Prime Minister Mark Carney made a final appeal to voters in his home province of Alberta warning that a referendum that could put the oil-rich province on a path toward independence is a dangerous gamble at a time of growing threats to Canada’s sovereignty

Business|Economy|Finance|Science|Stock Markets|Technology

Anthropic offers Blackstone double-digit yield in chip-financing deal, FT reports

Anthropic is offering Blackstone a yield of more than 10% to finance its latest chip deal, the Financial Times reported on Friday.

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

Rep. Ilhan Omar's attorneys demand return of property seized in federal search of her home

Attorneys for Rep_ Ilhan Omar are asking the Justice Department to immediately return property that federal agents seized from her home this week, arguing that the search stemming from an investigation into her citizenship status was “neither justified nor lawful.”

Arts|Economy|Environment|Finance|Technology|US|World

US air traffic controllers to get 2.8% pay raise under FAA deal

Thousands of US air traffic controllers will get a 2.8% pay raise retroactive to January 1 under a deal announced by the

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

Meta denies accusation of anti-Lula political bias in Brazil after electoral court ruling

Tech giant Meta has denied accusations it has acted with political bias during Brazil’s presidential campaign

Business|Economy|Finance|Stock Markets

Novavax shareholder Shah Capital to step back from activist role

Shah Capital, one of Novavax's top shareholders, said on Friday it no longer seeks to influence control of the vaccine maker after restructuring into a family office.

Business|Economy

US air traffic controllers reach deal with FAA for 2.8% pay rise, WSJ reports

Air traffic controllers have reached a deal with the FAA for a 2.8% pay increase, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Crime|Economy|Education|Lifestyle|Political

DOJ reaches settlement with Mississippi police department it found routinely violated civil rights

The U.S. Department of Justice announced Friday it reached a settlement forcing reforms for a Mississippi city and its police department, which the DOJ found discriminated against Black people, used excessive force and retaliated against critics

Business|Economy|Finance|Technology

Nasdaq sinks more than 2% as investors raise questions about AI debt

Nasdaq sinks more than 2% as investors raise questions about AI debt

Economy|Environment|Technology

Nearly 12,000 California residents bought EVs using state rebate program

California said on Friday that nearly 12,000 residents bought electric vehicles since August using rebates under a new $270 million program funded by

Economy|Political|World

Ukraine's Zelenskiy blasts US-Russian diesel deal, welcomes bigger European role in peace process

Ukrainian President Volodymyr Zelenskiy on Friday condemned US President Donald Trump's diesel deal with Russia, called Moscow's stance a "parody" of peace negotiations and welcomed

Business|Economy|Finance

Brazil may offer credit lines to ease impact of tax, labor reforms, minister says

Brazil's Finance Minister Dario Durigan said on Friday that specific credit lines could be unveiled by the government for companies affected by a consumer tax

Business|Economy|Finance|Stock Markets|Technology

Wall Street tumbles as worries about AI trade and high oil prices weigh

Wall Street tumbled on Friday, with CoreWeave, Broadcom and other AI-related technology

Arts|Business|Crime|Economy

Vandalism threatens nearly $1 billion Metrocenter Mall redevelopment in Jackson

Vandalism threatens nearly $1 billion Metrocenter Mall redevelopment in Jackson

Arts|Business|Economy|World

Mexico limits tariffs break to established local carmakers

Mexico said on Friday that a new five-year tariff break for imported car parts will apply only to automakers that already have production facilities in the country.

Economy|Europe|Health|MidEast|Political|World

In Yemen's besieged Taiz, families take shelter as Houthis close in

Ali Hassan and his family took shelter under a stairwell at a school in Taiz as Iran-allied Houthi forces closed in around them, tightening a siege of Yemen's third-

Business|Economy|Finance

US annual budget gap hits nearly $2 trillion, largest in 5 years

The US budget deficit rose by $217 billion to nearly $2 trillion in the 2026 fiscal year, fueled in part by tariff refunds and record spending to service the nation's

Business|Economy|Finance|Stock Markets

Dollar heads for weekly loss as Fed hike bets fade, AI jitters linger

The dollar was lower on Friday and on track for its first weekly fall in more than a month against the euro and the yen, reflecting fading expectations

Business|Economy|Political|Travel|World

Trump move to restart direct US flights with Lebanon hits roadblock

The United Nations aviation agency has found Lebanon's main airport lacks valid certification, according to a report summary seen by Reuters,

Economy|Environment|Science|Technology

US is reviving shuttered nuclear plants to meet growing electricity demand and to power data centers

The United States is making an unprecedented attempt to revive three shuttered nuclear plants to meet growing demand, especially from data centers

Business|Economy|Environment|Science|World

Brazil says Amazon deforestation fell to the lowest level since 1988

Brazil’s government announces that annual deforestation in the Amazon has fallen to its lowest level since 1988

Business|Economy|Finance|Stock Markets|Technology

CoreWeave's CEO sold nearly $1 billion of stock since IPO, filings show

CoreWeave CEO Michael Intrator and entities linked to him have sold nearly $1 billion of stock, mostly under prearranged trading plans, since the AI cloud company's IPO in March

Business|Economy|Finance

US regional banks join bigger peers in signaling resilient economy as lending holds firm

A clutch of US regional banks reported strong third-quarter earnings this week, powered by robust loan demand from

Business|Economy|World

Oil touches $110 a barrel for first time since May on Middle East, Russia supply fears

Brent touched $110 a barrel for the first time since May on Friday on worries that escalating tensions in the Middle East could further tighten

Economy|Europe|Finance

Swiss finance minister warns steep European debt could trigger euro crisis

Rising public debt levels in Europe and beyond pose a risk to economic stability and could trigger a euro crisis, Swiss Finance Minister Karin Keller-Sutter said on Friday.

Business|Economy|Political

EU to propose import curbs on other Chinese sectors, says EU chief

The European Commission will propose curbs on imports from China going beyond the safeguard measures it agreed with Beijing to halve inbound shipments

Arts|Business|Crime|Economy|Education|Health|Sports|Technology|World

7-year-old cancer survivor returns home after 10 months at St. Jude

7-year-old cancer survivor returns home after 10 months at St. Jude

Business|Economy

NY Fed service sector survey finds notable price pressures

By Michael S.

Arts|Business|Economy|Finance|Food

KFC switch to Coke puts PepsiCo's food service ties in focus, analysts say

KFC's decision to switch from Pepsi sodas to Coca-Cola at its US restaurants could raise questions about PepsiCo's other longstanding food service partnerships, analysts said, even

Arts|Business|Economy|Environment|Finance|Health|Lifestyle|Science|Technology|Travel|World

Hurricane Trudy weakens but may regain strength off Mexican coast

Hurricane Trudy weakened on Friday but could regain strength in the coming hours, meteorologists warned, as the storm approached

Business|Economy|Finance|Stock Markets|Technology

CoreWeave stock, bond set for weekly plunge as rate-hike fears hit AI bet

CoreWeave's shares and bond were set for steep weekly losses on Friday, underscoring investor worries over the cloud-computing company's $50

Business|Economy|Political

Chile's pension funds requested curbs on interest-rate bets before losses, Bloomberg reports

Executives at Chile's pension funds appealed to regulators for curbs on volatile interest-rate derivatives before a downturn in US Treasuries left them with billions of dollars in

Business|Economy|Environment|Technology

Data centers may benefit from massive rural utility loan, US official says

A record-breaking $3.3 billion loan from the U.S.

Arts|Business|Economy|Technology|World

Judge rejects CFTC, Gemini bid to vacate $5 million settlement

A federal judge in Manhattan has rejected a joint request by the US Commodity Futures Trading Commission and Gemini, a cryptocurrency exchange founded

Arts|Economy|Finance|Science|Technology

Stocks slip as dollar heads for weekly loss

Global stocks fell modestly on Friday as markets stabilized after a sharp tech-led selloff, while the dollar headed for a

Business|Economy|Finance|Technology

IMF chief urges cooperation on AI and war risks, as US hails economic momentum

The head of the IMF on Friday appealed to global leaders to cooperate in the face of multiple economic risks, including rapid advances in AI and a

Business|Economy|Finance

ExxonMobil signals $4.5 billion refining earnings boost as margins soar

ExxonMobil signaled on Friday that higher refining margins during the third quarter could boost its downstream profit by $4.5 billion compared with the previous three

Economy|Finance|Science|Technology|World

Central bankers eye higher rates as AI boom fuels scramble for cash

The artificial intelligence boom is setting off a global race for money, forcing central bankers to contemplate a future in

Business|Economy|Finance

US import prices increase; post largest annual gain in more than four years

US import prices increased more than expected in September, boosted by higher costs for energy products and a range of other goods, further evidence of

Business|Economy|Finance

Union Pacific CFO Jennifer Hamann to retire in early 2027

Railroad operator Union Pacific said on Friday its Chief Financial Officer Jennifer Hamann will retire in early 2027, after 35 years with the company.

Economy|Election|Europe|Political

France's Macron warns EU leaders they need budget deal before year-end, say diplomats

French President Emmanuel Macron has warned EU leaders they should agree the bloc's next long-term budget before the end of the year because elections in

Arts|Business|Economy|Finance|MidEast|Technology|US|World

US manufacturing output rises in September

US factory production increased in September, but lost considerable momentum in the third quarter amid headwinds from the Middle East conflict, which has snarled supply

Economy|Environment|Finance|Science

Fundraising to protect oceans, forests and other key nature sites falling short ahead of UN summit

Promises by nations to spend hundreds of billions of dollars to finance nature and increase protections for oceans around the globe are falling short ahead of a key U.N. biodiversity conference

Economy|Europe|MidEast|Political|World

Qatar pledges a lifeline for Lebanon’s economy, power grid and reconstruction in the south

Qatar is stepping in to help Lebanon revive its struggling economy

Business|Economy|Environment|Science|Technology

Americans want electric cars – they just can’t find them

Sales reveal how many cars people actually bought, but not how many they actually wanted. Prices, on the other hand, show how demand is changing.

Arts|Economy|Finance|Stock Markets

UK's FTSE 100 logs strongest week in six months on defensive-sector rally

Britain's blue-chip stocks had their best week in six months, as investors flocking to defensive sectors offset a rout in AI-linked stocks, while finance minister John Healey's

Economy

Raising bank tax is not best choice for UK budget, IMF says

British finance minister John Healey should favour property tax reform, broader sales taxes and better-targeted welfare spending ahead of raising taxes on

Arts|Economy|Entertainment|Finance|Technology

US equity funds draw renewed inflows as Treasury yields ease

US equity funds attracted inflows in the week to October 14, following outflows the previous week, as Treasury yields eased from recent peaks and investors looked ahead to a strong

Business|Economy|Finance

Brazil economic activity up 0.3% in August, matching forecasts

Economic activity in Brazil rose by a seasonally adjusted 0.3% in August from the previous month, a central bank index showed on Friday, matching the median forecast in a

Business|Economy|Finance|Health|Stock Markets|US

Trump increased investments in drugmakers that benefited from Medicare exemptions, Democrats say

President Donald Trump's investments in pharmaceutical companies have significantly increased after his return to the White House

Economy|Environment|Science|Technology

Exactly how much of an environmental menace is AI? Here’s what we know

Exactly how much of an environmental menace is AI? Here’s what we know

Business|Economy|Finance|Stock Markets

Global equity funds draw inflows for fourth week as Treasury yields ease

Global equity funds drew inflows for a fourth straight week through October 14 as a pullback in Treasury yields from near 2½-decade highs and hopes for strong earnings lifted

Business|Economy|Finance

Asian bonds record biggest monthly foreign outflow since March 2020

Asian bonds faced in September their heaviest foreign selling pressure in more than six years, as a sharp rise in US Treasury yields and renewed Federal Reserve tightening blunted

Arts|Economy|Finance|MidEast|Science|Technology|World

BOJ chief vows to keep raising rates, anchor inflation around target

Bank of Japan Governor Kazuo Ueda said on Friday the central bank will focus on anchoring underlying inflation around its 2% target and won't tolerate any

Business|Economy|Political

Canadian steelmakers offset some US tariff pain with domestic demand  

Canada's steel industry, among the sectors hit first and hardest by US President Donald Trump's tariffs, is starting to turn a corner thanks to an uptick

Economy|Europe|Finance|Political|World

IMF expects at least one more 25 bps ECB rate hike in 2026

The European Central Bank is likely to raise interest rates by 25 basis points at least one more time this year to fight high inflation, the International Monetary Fund

Business|Economy|Finance|Technology

As AI rally wobbles, stock market's spotlight turns to earnings

Stumbles in the market-leading AI trade are set to test investor confidence in the rally in the coming week as Wall Street focuses on quarterly results

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Trump administration sued over accelerated immigration process for migrant kids

Trump administration sued over accelerated immigration process for migrant kids

Economy|Europe

Europe must boost growth or borrow less to keep debt sustainable, IMF says

European economies must grow faster or borrow less to keep debt on a sustainable path, the International Monetary Fund said on Friday, warning that

Economy|Political

On the campaign trail, JB Pritzker courts farmers like he's running for president

The town of Shirley, Illinois, population 135, is an unlikely place for a campaign stop.

Arts|Economy|Finance|Science|Technology

CoreWeave bond rout tests market's math on AI buildout

A sharp decline in CoreWeave's bonds this week is emerging as a test of investors' willingness to

Business|Economy|Finance|Technology

Earnings, an election and an MSCI headache

Earnings season is shifting up a gear in the US, and China is about to deliver a deluge of data, giving febrile markets plenty more to ponder after the latest bouts of volatility in

Arts|Business|Economy|Election|Europe|Finance|MidEast|Sports

Brazil's incoming right-wing Congress takes aim at judge who jailed Bolsonaro

Brazil's next Congress is spoiling for a fight with the Supreme Court, including plans for an unprecedented impeachment of one of its justices that could

Arts|Asia|Economy|Europe|MidEast

Iran ships some LPG, jet fuel despite US blockade, data shows

Iran has managed to export some liquefied petroleum gas and jet fuel since July, despite a US naval blockade, shipping

Arts|Economy|Environment

LA fire survivors are set to lose case managers as standoff between California and FEMA drags on

A 78-year-old retired teacher whose California home was destroyed by a catastrophic wildfire faces losing her disaster case manager amid a funding standoff between the state and the Federal Emergency Management Agency

Arts|Business|Economy|Science|Technology

IMF-World Bank meetings focus on global risks and potential benefits of AI

The head of the International Monetary Fund has called for urgent guardrails to manage risks from the AI boom, comparing it to a Formula 1 car that could go off track

Arts|Economy|Environment|Finance|Sports

Canadian home sales fall in September as mortgage rates increase, CREA says

Canadian home sales extended their decline in September, after a drop in August, as higher mortgage rates and expectations of a Bank of Canada rate hike

Business|Economy|Europe|Finance|Stock Markets

European shares close out best week since June as earnings soften blow from tech selloff

European shares rose on Friday to wrap up their best week since late June, during which strong earnings helped cushion the blow from a global selloff

Business|Economy|Finance|Stock Markets

Investors bought stocks and bonds, shed cash in past week, say BofA

Investors dumped cash and poured money into both bonds and stocks last week, according to BofA Global Research, as traders sought to profit from the recent volatility. 

Economy|Science|Technology

IMF chief says AI risks may exceed opportunities without safeguards and ethical framework

The risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF

Arts|Business|Economy|Finance|World

Indonesia gets 'wake-up call' as MSCI prepares to expel it from global indexes

Indonesia's stock market is no longer worthy of "emerging market" status, MSCI said on Friday, laying out a plan to remove

Asia|Business|Economy|Europe|Finance|Technology|World

Stablecoin issuer Circle to push into 40 new markets, CEO says

Stablecoin issuer Circle is making a major push to enter about 40 emerging and developing countries around the world as blockchain adoption is expected to

Economy|Europe

EU will probably have to give new loan to Ukraine, Estonian PM Michal says

The European Union will probably have to provide a new loan to Ukraine to help cover a budget gap for next year and keep up Kyiv's fight against Russia's

Business|Economy|Finance

Brokerages expect next BOJ rate hike in Dec, further tightening in 2027

The Bank of Japan raised interest rates to a 31-year high in September and signalled that further tightening could follow as it shifts its focus to preventing inflation from

Business|Economy|Europe|Finance|Science|Stock Markets|Technology

Schneider Electric raises 2026 targets again on booming data centre demand

Schneider Electric raised its 2026 core profit and revenue targets for the second time this year on Friday, as the French industrial group

Arts|Asia|Business|Economy|Europe|Finance|MidEast

PetroChina set for record trading profit as war upends market, sources say

PetroChina is poised for a record year in trading profits, five trading executives said, with its refineries outside China reaping bumper margins amid tight

Business|Economy|Finance

BOJ chief flags inflation overshoot risk, stresses importance of 2% anchor

Bank of Japan Governor Kazuo Ueda on Friday reiterated the risks of underlying inflation overshooting the central bank's 2% target, stressing the growing importance of

Asia|Economy|World

North Korea says opening ceremony was held for new bridge to China

North Korea's state media KCNA said on Friday that an opening ceremony was held for the Amnok River bridge linking to China, which is also called New Yalu River Bridge.

Economy|Political|World

UN chief frontrunner Rebeca Grynspan says UN has 'become too risk-averse'

The United Nations has become too risk-averse and its next leader must be prepared to bear the cost of diplomatic failure and try again, Rebeca

Arts|Economy|Finance|Science|Technology

Fed chair Warsh says price stability is key but shies away from signals about rates

U.S. Federal Reserve Chairman Kevin Warsh says he won't prejudge what the U.S. central bank will do about interest rates at its upcoming meetings

Business|Economy|Finance

Fed's Hammack warns inflation expectations deterioration could require Fed response

By Michael S.

Arts|Economy|Europe|Finance|World

Hedge funds' role comes into focus following European bonds turmoil

A sharp sell-off in European government bonds this month shows how hedge funds' growing role is making a systemically important market more

Arts|Business|Economy|Finance

China's super-rich scramble to exit offshore trusts, raise cash as taxman knocks

Some of China's richest people are winding down their offshore trusts, selling shares, and even switching nationality as a deadline looms to declare

Economy|Finance

Fed's Warsh sees US resilience, mum on rate-path view

Federal Reserve Chairman Kevin Warsh voiced optimism on Friday about US economic strength and surprise about how well global economies have

Business|Economy|Finance

India widens rupee defence to rates, but cautiously

India's central bank will further tighten monetary conditions to counter capital outflows and raise the cost of betting against the rupee,

Business|Economy|Fashion and Beauty|Finance

Dolce & Gabbana Beauty unit sees double-digit growth in 2026

Dolce & Gabbana's beauty business expects to maintain double-digit growth in 2026 after surpassing €1 billion ($1.12 billion) in wholesale revenues last year, its CEO said in

Business|Economy|Finance|World

Top economic adviser says Centerview remains Venezuela's financial adviser

US financial services firm Centerview Partners remains the financial adviser for Venezuela's debt restructuring, the country's top economic adviser said on

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|World

Trump administration sues California to block state from counting alleged noncitizen mail-in ballots

The Trump administration has sued California election officials

Arts|Business|Crime|Economy|Environment|Health|Sports|World

Hurricane Trudy looms over Mexico's Pacific coast, severe rainfall expected

Hurricane Trudy moved parallel to Mexico's western coast on Thursday, threatening further rain and strong winds in a region already battered in recent weeks by storms

Business|Economy|Finance|Political|US|World

US, Japanese officials meet ahead of APEC meeting in Hong Kong

Japan no longer faces the deflationary environment that existed for more than a decade, and the level of its currency and monetary policy should reflect

Asia|Business|Economy|Europe|Finance

Malaysia's economy grows 5.3% on year in Q3, official advance estimate shows

Malaysia's economy grew 5.3% from a year earlier in the third quarter, slowing from the previous three-month period, official advance estimates showed on Friday.

Asia|Business|Economy|Europe|Political|World

China targets practical action from global governance forum next week

China is aiming to spur more effective and accessible global governance solutions at a forum next week, convened under its push for an alternative governance system for the

Economy|Finance|Stock Markets

Calm after CoreWeave shock, but for how long?

A look at the day ahead in European and global markets from Kevin Buckland Asian stocks are rising into the weekend, with bargain hunters probably leading the buying after the precipitous plunge in

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|Stock Markets|Technology|Travel|US|Videos|World

Yemen's Houthis hit palace in Aden, coalition details attacks on Saudi infrastructure

Yemen's Houthis fired missiles at the presidential palace complex in the southern city of Aden on Thursday,

Economy|Finance|Science|Technology

G7 to launch exercises to guard against AI cyber attacks

Finance leaders of the G7 grouping agreed to hold tabletop exercises to guard against AI cyber attacks, Japanese Finance Minister Satsuki Katayama said, as

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

Trump admin files ‘long shot’ lawsuit after California wouldn’t open a thumb drive of alleged non-citizens

Trump admin files ‘long shot’ lawsuit after California wouldn’t open a thumb drive of alleged non-citizens

Economy|Education|Political

Modi's predicament: Gen Z pours out on India's streets as dissent surges

Despite tens of thousands of security personnel deployed to stop them, youth protesters in India scaled barricades last

Arts|Asia|Business|Economy|MidEast

Mideast war alters global bunker buying patterns, industry execs say

The US-Israeli war on Iran has altered bunker buying patterns for shippers globally as they turned to more spot and shorter-term purchases to cope with

Business|Economy|Political|World

Ukraine abandons truce and attacks Russian oil refinery as Zelenskyy says he feels betrayed by Trump

Ukraine attacked a Russian oil refinery, abandoning a brief truce involving energy-related targets that it said Moscow did not heed

Business|Economy|Finance

Japan core inflation likely exceeded BOJ target for first time since December

Japan's core consumer inflation in September likely exceeded the central bank's 2% target as higher energy prices driven by the Middle East conflict fed through to households

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

FBI agents and analysts fired for roles in Trump classified files probe sue to get their jobs back

FBI employees fired for their roles in the investigation of President Donald Trump’s retention of classified documents at his Florida estate are suing to get their jobs back, calling their terminations unlawful acts of “political retribution.”

Economy|Finance

World Bank's Banga sets goal of quintupling critical minerals financing in five years

World Bank President Ajay Banga on Friday said the development lender has set a goal of quintupling its critical minerals business in five years, and has identified 20

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

Chipmaker sell-off sends investors to other stocks and bonds for safety

Chipmaker sell-off sends investors to other stocks and bonds for safety

Business|Economy|Finance|Science|Stock Markets|Technology

Why CoreWeave's troubles are rattling the AI boom

CoreWeave's mounting debt is raising fresh concerns about the AI boom, as investors question whether demand can justify the billions being borrowed

Business|Economy|Europe|Finance|Political|World

Crucial to give Ukraine all means needed to defend population, infrastructure, France's Macron says

French President Emmanuel Macron said on Thursday that it was crucial to give Ukraine all the means it needs to defend and protect its civilian population and its

Economy|Finance

MSCI freezes certain Turkey index changes, warns of potential market downgrade

MSCI on Thursday froze certain changes to its Turkey equity indexes, saying it needed more time to assess market reforms and warning of a potential

Economy

Brazil candidates focus fiscal plans on voter-friendly measures before runoff

As Brazil's presidential runoff campaign enters its final stretch, both candidates are focusing plans for fiscal adjustments on politically palatable

Economy|Finance|Science|Stock Markets|Technology|US

Global stocks flat as AI and rate fears hit tech

An index of global equity markets ended flat on Thursday as concerns about AI spending and higher interest rates fueled further selling in technology and

Economy

Global hedge funds hammered by AI selloff this week, Asia managers lead losses

Global hedge funds suffered steep losses this week, battered by a sharp unwind of a swathe of AI bets, with Asia-focused funds hit the

Asia|Economy|Political|World

South Korea reviews expanding military mission in Middle East, report says

South Korea is reviewing an expansion of its military operations in the Middle East, the Kyunghyang Shinmun newspaper reported on Thursday, as the US ally faces pressure from

Asia|Business|Economy|Finance|Science|Stock Markets|Technology

Global tech rout loses steam

The AI equity rout accelerated significantly in Asia on Thursday on growing fears about the murky, circular financing powering the intelligence

Business|Crime|Economy|Europe|Sports

US businessman whose firm invested in European soccer clubs pleads guilty to fraud

An American businessman whose firm invested in several European soccer clubs that struggled under its ownership has pleaded guilty to fraud charges in New York

Business|Economy

California orders lenders to report on handling of insurance payouts to LA fire survivors

California officials are ordering mortgage lenders to report on how they've handled insurance payouts to survivors of the 2025 Los Angeles-area fires

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

US plan to ease shadow fleet sanctions unlikely to free up many tankers, analysts say

A potential Trump administration plan to ease sanctions on vessels that have transported sanctioned oil and fuel would likely have limited impact on

Arts|Business|Economy|Europe|Finance

UBS exploring options abroad in case Swiss rules prove intolerable, sources say

UBS is working on possible scenarios including shifting its headquarters, or a merger with another bank, if Switzerland introduces new banking rules it deems

Business|Economy|Finance

Private credit faces deployment squeeze as fundraising hits record

Private credit direct lenders are raising record sums even as deal activity slows and borrowers return to the banking system's syndicated loan market,

Economy|Technology

US appeals court invalidates federal $9 billion telecom subsidy fund

A U.S. federal appeals court said on Thursday the Federal Communications Commission exceeded its authority in setting up a telecoms subsidy program

Economy|Science|Technology

S&P 500 ends higher as traders shift from AI to healthcare

The S&P 500 ended higher on Thursday, springing back from early losses as investors concerned about AI stocks shifted into Eli Lilly,

Arts|Economy|Environment|Europe|Finance

Diesel's surge is starting to push other prices around. Here's how

The skyrocketing price of diesel is plain for Americans to see anytime they fuel up their cars, SUVs and pickup trucks, though only a fraction of US drivers own a

Economy|Political|World

Prime Minister Mark Carney says US is trying to break Canada as Alberta votes on separation path

Canadian Prime Minister Mark Carney has campaigned for national unity as advance voting is underway in oil-rich Alberta in a referendum that could set the province on a path toward a future vote on separation from Canada

Business|Economy|Health|Science

Trump administration advances plan for peptide drugs favored by RFK Jr.

Federal health officials are moving ahead with plans to broaden access to a class of unproven injectable drugs called peptides

Arts|Business|Economy|Environment|Science|Technology

IEA to speed up oil stocks release including over 20 million barrels of diesel

The International Energy Agency agreed on Thursday to release over 20 million barrels of diesel to the

Americas|Arts|Economy|Environment|Europe|MidEast

Progress toward a US-Mexico tariff deal has stalled, WSJ reports

Progress toward a US-Mexico tariff deal has stalled after opposition from Commerce Secretary Howard Lutnick, the Wall Street Journal reported on Thursday, citing people familiar

Business|Economy

Fed's Goolsbee on inflation: discouraging, but still some optimism

Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday that data this week showing stronger-than-expected consumer and producer price inflation has been "

Business|Economy|Technology

Target says it does not use customer data to raise prices

Target said on Thursday that it was not using customer data to raise prices based on shoppers' identities or locations, joining rival Walmart in trying to address growing concerns

Business|Economy|Science|Technology

CoreWeave's AI contracts and the lenders financing its build-out

CoreWeave, an Nvidia-backed cloud company that provides high-performance computing infrastructure for artificial intelligence, has secured tens of billions of dollars in contracts

Arts|Business|Economy|Finance|World

US consumers are muscling through higher prices, but for how long?

High gas prices are intensifying inflation and vacuuming up more of Americans’ dollars, yet consumers are still digging deep to spend, powering the economy, at least for now

Arts|Economy

Average long-term US mortgage rate holds at 7.4%, remaining at highest level in nearly 3 years

Mortgage rates held steady this week, keeping the average long-term U.S. home loan rate at its highest level in nearly three years

Business|Economy|Finance

US retail trade group forecasts healthy holiday sales, in part due to inflation

Don’t underestimate U.S. shoppers when it comes to shelling out money for the winter holidays

Business|Economy|Finance|World

US producer prices post largest gain in 4-1/2 years; expensive gasoline boosts retail sales

US producer prices increased by the most in 4-1/2 years in September amid rising costs for goods and services, the latest indication of inflation

Arts|Economy|Environment|Finance|Health

US delays small imports rule that raised alarm over prescription drug costs

The US government has delayed by 90 days implementation of new customs requirements for small international mail shipments, a move that should forestall higher

Economy|Environment|Health|Science

Rotting meat smell sparks protest at Mexico's screwworm sterile-fly plant

A rotten smell hanging over a town in Mexico's southern Chiapas state drove residents into the streets on Thursday

Economy|Political

Lula pledges free weekend transit nationwide as Brazil runoff nears

Brazilian President Luiz Inacio Lula da Silva said on Thursday he will send Congress a constitutional amendment guaranteeing free weekend public transport nationwide, the

Business|Economy|Environment|Technology

Global EV sales fall 2% in September, ending six-month growth streak

Global demand for electric vehicles fell 2% in September, ending six consecutive months of growth, as record sales in Europe were not enough to offset sharp declines

Business|Economy|Science|Technology

How the Houthis are helping Iran turn Saudi Arabia into a pressure point

The Houthi attacks on Saudi Arabia are about more than Yemen.

Arts|Business|Economy|Europe|MidEast|Political|World

Israel says commercial goods no longer entering Gaza after merchants suspend coordination

Israel said commercial goods were no longer entering Gaza over what it said was a dispute over taxes between local merchants and Hamas, shutting off a vital source of

Business|Economy|Health|Science|Technology

Pennsylvania secures $4 billion in investments, governor says

Pennsylvania Governor Josh Shapiro said on Thursday the state had secured more than $4 billion in life sciences and private-sector investment commitments over the past week.

Business|Economy|Finance

American Airlines names new network planning chief in fresh management shake-up

American Airlines is making another round of management changes, its second in the latter half of the year, as it tries to boost its profits,

Africa|Americas|Arts|Asia|Economy|Environment|Europe|Finance|MidEast|Stock Markets|US

Brent steady as US weighs easing sanctions on global 'shadow fleet'

Brent crude was little changed on Thursday as investors weighed possible US steps to ease restrictions on the world’s "shadow fleet" of tankers, while

Business|Economy|Finance

High mortgage rates are deepening a ‘K-shaped’ housing market

High mortgage rates are deepening a ‘K-shaped’ housing market

Business|Economy|Finance

Wholesale inflation reaches levels last seen in 2022

Wholesale inflation rose more quickly than expected last month on a big jump in fuel costs, a sign that stubbornly rising prices remain an economic challenge for consumers and a political problem for Republicans in the midterm elections

Economy|Science|Technology

Nasdaq nears one-month low as AI stocks slide on debt concerns

The Nasdaq fell to near one-month lows on Thursday as fears of a hit to artificial-intelligence investments from higher interest rates deepened a rout in AI-linked stocks, while

Economy

German savings banks chief says growth could curb political polarisation

Germany's nascent economic recovery could curb the polarization seen in recent state elections, the president of the country's savings banks association

Business|Economy|Finance

Dollar recedes from 18-month high as bond rally tempers impact of hot inflation data

The dollar retreated from an 18-month peak on Thursday as investors looked past strong US inflation and spending data to focus on a shakeout in the

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

Analysts react to Coreweave debt woes, AI selloff

A selloff in US technology stocks and their bonds intensified on Thursday as high borrowing costs put the financing behind AI’s massive infrastructure buildout under growing

Arts|Business|Economy|Entertainment|Fashion and Beauty|Finance|Lifestyle|Sports|Technology

US holiday sales growth to speed up as shoppers stay resilient, NRF forecasts

US holiday sales growth is expected to accelerate to 4.2% this year, the National Retail Federation said on Thursday, betting that consumers would remain resilient even as major

Economy

Commercial goods are no longer entering Gaza, raising fears of worsening shortages in the territory

No commercial goods are entering the Gaza Strip, Israeli authorities said, attributing the suspension to local vendors they said are fed up with Hamas raising taxes on them

Business|Economy|Finance

Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms

Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms

Business|Economy|Entertainment|Lifestyle|Political

Wisconsin's Republican candidate for governor keeps his distance from Trump in nail-biter campaign

Democrats got the candidate they wanted for governor in Wisconsin

Arts|Business|Economy|Travel

Deal reached to end horse carriage industry, New York City official says

Deal reached to end horse carriage industry, New York City official says

Economy|Health

A new Medicare season begins, but some shifts will arrive in 2027

Open enrollment for Medicare plans begins Thursday, allowing people to choose between traditional Medicare and Medicare Advantage plans until Dec. 7

Business|Economy|Finance|Stock Markets|US

Retail sales up 0.8% in September, but a big chunk of spending went to paying gasoline bills

Shoppers showed their willingness to spend in September even after a better-than-expected splurge in August

Arts|Economy|Europe|Technology

Why are credit default swaps unnerving AI investors?

The cost of insuring against the risk of potential US tech defaults has hit record levels, in the latest sign of credit stress building in the so-called AI

Arts|Business|Economy

Major brokerages expect next Fed rate hike in December

Global brokerages largely expect the US Federal Reserve to raise interest rates at least once more this year after data on Wednesday showed consumer prices accelerated in September,

Economy|Finance

UK's Healey should rebuild fiscal headroom to about £15-16 billion, Reuters poll shows

British finance minister John Healey should rebuild his depleted headroom against the fiscal rules to about £15-16 billion ($20-21 billion) at this month's budget to

Business|Economy|Political|Science|Technology

Microsoft president warns green-card curbs could hurt US tech, Politico reports

Microsoft President Brad Smith warned the Trump administration's move to restrict green-card access for skilled foreign workers could hurt US technological competitiveness and drive

Business|Economy|Political

UK's Healey says banks are key to economy but keeps tax options open

British finance minister John Healey said banks were central to the country's economic future on Thursday when pressed by reporters about the likelihood

Business|Economy|Science|Technology

US Treasury pushes global partners to rename AI as 'super intelligence'

The United States wants its global partners to rename artificial intelligence as "super intelligence," convinced that the new moniker better reflects the

Business|Economy

US retail sales beat expectations in September on higher gasoline prices

US retail sales increased more than expected in September, boosted by higher gasoline prices, but spending elsewhere was moderate, which could temper economists'

Business|Economy|Finance

US weekly jobless claims rise marginally amid low layoffs

The number of Americans filing new claims for unemployment benefits increased marginally last week amid low layoffs that are keeping the labor market stable.

Economy|Europe|Finance|Political|World

Ukraine passes key laws to help unlock billions in aid from EU, IMF

Ukraine's parliament passed a package of legislation on Thursday to advance the implementation of key demands from the European Union and the International Monetary Fund to

Business|Economy

Cartier-owner Richemont considers joining bidders for De Beers, source says

Luxury group Richemont, owner of Cartier, is in talks to join a consortium bidding for diamond miner De Beers, which

Arts|Business|Economy

The number of Americans filing for jobless aid remain at historically low levels below 200,000

U.S. applications for unemployment benefits inched up last week as layoffs remain historically low and most American workers enjoy job security

Business|Economy|Environment|Finance

Is the world pricing the risk of a US diesel export ban?

If the US imposed a ban on its diesel exports, as some lawmakers are calling for, it would roil the global market.

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

IMF says African economies performing well despite shocks from the Iran war

The head of the International Monetary Fund’s Africa department says African economies have managed to weather the energy crisis brought on by the Iran war

Business|Economy|Finance

BoE to raise rates to 4% in November, but economists narrowly expect hold from there

The Bank of England will raise Bank Rate for the first time in more than three years to 4.0% in November, according to a majority of economists polled by Reuters who have reversed

Arts|Business|Economy|Environment|Science|Technology

Oil shipping costs spike, lifting prices from pump to grocery

When the oil supertanker Esteem Explorer sails from the United States to Japan in late November, loaded with about 2

Arts|Business|Economy|Finance|Interview|Opinion|Science|Technology|World

Warsh's quest for quiet Fed gets vocal pushback

Federal Reserve Chairman Kevin Warsh’s call for a “quieter” central bank is facing pushback from colleagues who see

Economy

US toy prices surge ahead of holiday shopping season as tariffs, Iran war bite

Cash-strapped US consumers are facing a squeeze in their shopping budgets this holiday season, hit by the double whammy of tariffs and high energy costs.

Business|Economy|Finance|Stock Markets

Wall St banks caught in capital markets lull after a strong first half of 2026

Quarterly results from Wall Street's big banks this week showed that even the largest and most robust players of the industry can be vulnerable to the ebb and flow of

Economy|Finance|Technology

BoE warns banks to prepare for AI-enabled cyber breaches

The Bank of England is working with banks on deep cyber-recovery options, its deputy governor Sarah Breeden said on Thursday, arguing

Economy|Finance|Stock Markets

CoreWeave unravels

(Corrected the capitalization in the company name CoreWeave.)

Economy|Europe|Finance

Italy to raise almost €11 billion from financial sector in next three years

Italy plans to raise an additional €10.7 billion ($12.00 billion) from the financial sector to help fund its budget over the 2027-2029 period, a government

Arts|Business|Economy|Europe|Finance|US|World

US wants Senegal debt restructuring wrapped up in less than a year

The United States views Senegal's request for debt restructuring as a "great example" of progress on the Group of 20 Common Framework, and wants to see

Business|Economy|Finance|Stock Markets|US

US 10-year Treasury yield levels not unprecedented, BNY CEO says

The levels the benchmark 10-year US Treasury yield has touched this year are not unprecedented, the CEO of the oldest US bank

Business|Economy|Finance|Stock Markets|Technology

AI credit worries send default insurance to record high 

The cost of insuring against tech defaults struck record highs on Thursday, as investors rushed to hedge against the risk of

Economy|Europe|Health|Lifestyle|World

Questions swirl about pope's future and what he knew when praying at a French shrine famed for cures

Pope Leo XIV's lung cancer diagnosis raises questions about the future of his pontificate

Business|Economy|Science|Technology

Taiwan chipmaker TSMC explores Texas investment to expand production in the US

Taiwan Semiconductor Manufacturing Co. is exploring potential investments in Texas to expand chip production in the U.S. The company says it is open to collaborating with Elon Musk’s planned “Terafab” chip manufacturing complex in Texas

Economy

Frustrated with Trump, voters overwhelmingly want change in Washington, an AP-NORC poll finds

A new AP-NORC poll finds that a strong majority of voters believe President Donald Trump is falling short at home and abroad, and they want major change in the upcoming midterm elections

Business|Economy

Japan economy minister stresses BOJ independence, rejects reflationist label

Japanese Economy Minister Minoru Kiuchi said monetary policy should be left to the Bank of Japan, reiterating the government's stance on

Asia|Business|Economy|Finance

China Q3 growth set to pick up on stimulus, keeping 2026 goal within reach: Reuters poll

China's economic growth likely accelerated modestly in the third quarter from a more than three-year low, supported by fresh policy easing, though the pickup

Business|Economy|Finance

UBS extends Fed tightening cycle forecast with March rate hike after inflation surprise

UBS Global Wealth Management expects the Federal Reserve to raise interest rates for a third time in March 2027, extending its tightening cycle into next year after stronger-than-

Business|Economy|Finance|Interview|Stock Markets|US|World

WTO chief sees lasting impact on trade from Middle East war and geopolitics

Shifting geopolitics and the wars in Ukraine and the Middle East will have a lasting impact on world trade flows as companies hedge their bets against future shocks, Ngozi

Economy|Europe|Political|World

Germany warns against bringing Russia back into G20 fold

Germany warned on Thursday against efforts to bring Russia back on to the international stage, while Britain called for tighter

Business|Economy|Europe

For Chinese automakers, the road to survival runs through Europe

The record 20 Chinese brands vying for attention at this week's Paris car show reflect a stark reality: as a slowdown at home pushes China's overcrowded auto

Americas|Economy|Europe|MidEast|Political|US

Merz says frozen Russian assets must stay in Europe amid reported US proposal

Billions of euros' worth of Russian assets frozen in Europe after the invasion of Ukraine should stay under the region's control, German Chancellor Friedrich Merz said on

Africa|Economy|Finance|World

Africa's economic resilience masks rising inflation threat and fragile buffers, IMF warns

Sub-Saharan Africa's inflation outlook has worsened since April even as growth held up better than expected, the IMF said, warning that the region's

Economy|Finance|Political|World

Norway wealth fund should invest in top arms makers, commission says in ethics overhaul

Norway should allow its $2.3 trillion wealth fund to invest in major Western defence groups that are currently banned from its portfolio due to their

Arts|Business|Economy|Finance

PepsiCo warns 'energy drink' ban could run its India supplies dry as Red Bull sells on

PepsiCo told an Indian court on Thursday that a continued ban on the "energy drink" label could drive its top-selling products out of stock nationwide

Business|Economy|Technology

TSMC Q3 profit jumps 69% to record, beating expectations

TSMC, the world's largest contract chipmaker, posted a 69% jump in third-quarter net profit on Thursday, beating market forecasts and hitting a record, thanks to soaring

Business|Economy|Technology

Ericsson braces for component cost hit after third-quarter profit beat

Telecom gear maker Ericsson on Thursday reported a smaller-than-expected drop in third-quarter core profit as efficiency measures helped offset higher component costs,

Arts|Economy|Environment|Technology

Governments globally to turn to non-dollar bonds amid AI-driven liquidity crunch, Citi banker says

Governments and state entities

Arts|Business|Economy|Finance|Technology

South Korea's KOSPI closes at 6-month low as chipmakers slump on AI worries

South Korea's benchmark KOSPI stock index closed at a six-month low on Thursday, as a heavy selloff in chipmakers triggered a

Economy|Environment|Science|Technology

Copper squeeze breathes new life into old mines

In 1899, the Mt Lyell mine in Tasmania produced some 9,500 metric tons of copper.

Arts|Business|Economy|Technology|World

Taiwan president calls for Micron, workers to negotiate 'sincerely' ahead of possible strike

Taiwanese President Lai Ching-te called on Thursday for US memory chipmaker Micron Technology and its workers to negotiate "sincerely"

Business|Economy|Finance|Science|Stock Markets|Technology

TSMC 'prudent' going into 2027 after posting sixth straight quarter of record profit

TSMC, the world's largest manufacturer of advanced chips, struck a note of caution for 2027 on Thursday due to macroeconomic uncertainties,

Arts|Business|Economy|Finance|Technology

Is the AI rout making bonds safe again?

A rude awakening over the debt-fuelled AI binge has sent investors rushing out of stocks and into government bonds, which now seem to

Economy

Romania's nominated prime minister secures support ahead of confidence vote

Romania's leftist Social Democrats said they will join the government of Prime Minister-designate Luca Niculescu while other parties pledged their votes, edging the

Economy|Europe|Finance

French inflation rises to 3.4% in September, highest since January 2024

Consumer prices in France rose 3.4% year-on-year in September on an EU-harmonised basis, statistics office INSEE said on Thursday, in line with a preliminary reading from late

Asia|Business|Economy|Environment|Food

This Chinese export boom really has legs – and wings

(This story has been refiled to correct the type of duck subject to European anti-dumping probe in paragraph 6.)

Asia|Economy

New North Korea-China bridge finally opens. But will it help Pyongyang evade sanctions?

New North Korea-China bridge finally opens. But will it help Pyongyang evade sanctions?

Business|Economy|Finance

Prolonged war, renewed disruptions pose biggest risk to Middle East region, IMF says

Prolonged war in the Middle East and further disruptions to energy production, shipping routes or critical infrastructure pose the biggest risk to

Business|Economy|Finance|Stock Markets|Technology|World

Market picks CoreWeave as AI rout deepens

A look at the day ahead in European and global markets from Tom Westbrook The bruising AI selloff extended after the bell, hard into Asia and even lent a bid to beaten-down bond markets.

Business|Economy|Finance|Stock Markets|Technology

Figma CFO says design platform willing to put margins on the line to boost AI demand

Figma's CFO said on Thursday it was uncertain if the design software firm would return to peak gross margin levels as it ramps up

Business|Economy|World

Bessent calls for World Bank reforms, including upstream oil and gas financing

US Treasury Secretary Scott Bessent issued a long list of demands for the World Bank in line with Trump administration interests, including ending the bank's prohibition on

Business|Economy|Finance

BOJ policymaker warns against being overly cautious on rate hikes

The Bank of Japan should not become overly cautious about raising interest rates, given considerable upside risks to inflation, Junko Koeda, a

Asia|Economy|Finance

IMF urges China to deploy bigger fiscal stimulus

China must deliver bigger fiscal stimulus as its economy teeters on deflation, a senior International Monetary Fund official said on Thursday.

Arts|Economy|Entertainment|Finance|Lifestyle|Technology

Japanese insurers are poised to bring money back home - gradually

Some of Japan's largest asset managers are expected to unveil plans to buy more domestic bonds with markets focusing on whether they would step up divestments of overseas

Asia|Business|Economy|Finance|World

IMF warns of slowing Asian growth, spillover from rising yields

The International Monetary Fund on Thursday projected Asia's economic growth would moderate next year and warned of heightening risks from the Iran war-

Economy

Brazil's Senate approves shorter workweek in win for Lula

Brazil's Senate on Wednesday approved a constitutional amendment to reduce the country's workweek from six days to five, providing President Luiz Inacio Lula da Silva a

Africa|Americas|Arts|Asia|Economy|Europe|MidEast

China opens a joint airfield in Laos with construction ongoing and eyes on its military role

China’s newly opened joint military airfield in Laos is Beijing’s first overseas facility focused on air power

Business|Economy

Brazil's Senate approves a shorter workweek in major win for Lula ahead of runoff

Brazil’s Senate has approved a constitutional amendment to reduce the maximum workweek from 44 to 40 hours without cutting salaries

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

At Anthropic pre-IPO meet: ‘Thinking’ caps, surging revenue, no human extinction

Anthropic told prospective investors on Wednesday that revenue in the third quarter surged 45% from the prior quarter, two

Economy|Science|Technology

UK government to provide £17 million for Chornobyl plant repairs

The British government said on Thursday it will provide £17 million ($22.45 million) in funding for repairs to the Chornobyl nuclear power plant in northern Ukraine damaged by a

Business|Economy|Finance|Interview

Fed's Daly says rate hikes likely needed, but not urgently

The Federal Reserve will probably need to increase short-term interest rates further to rein in too-high inflation, San Francisco Federal Reserve

Business|Economy|Finance|World

Dollar hits 18-month high, then cools as investors await patient Fed

The US dollar hit an 18-month high on Wednesday after stronger-than-expected US inflation data briefly revived expectations for a Federal Reserve interest

Economy|Science|Technology

Trading Day: Tech melt

US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and

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Flavio Bolsonaro slightly leads Lula in Brazil runoff, Quaest poll shows

Brazilian Senator Flavio Bolsonaro was seen slightly ahead of President Luiz Inacio Lula da Silva heading into the October 25 presidential runoff, a Quaest poll showed on

Economy|Political|World

IMF calls for US to cut deficits amid bond woes, urges China to shift away from exports

The United States cannot grow its way out of mounting public debt without tax or spending adjustments, while China must pivot from export-

Arts|Business|Economy|Europe|MidEast|World

Colombia opens embassy in Jerusalem, restores free trade deal with Israel

Colombia opened its embassy in Jerusalem on Wednesday, becoming the 10th government to do so, as new President Abelardo De La Espriella reversed his predecessor's break

Arts|Economy|MidEast|Science|Technology

Oil prices gain on attacks in Saudi Arabia, Iran's new tactics to target tankers

Oil prices rose on Wednesday after the Houthis attacked Saudi Aramco's headquarters and Iran said it was deploying new tactics to target ships and keep oil

Business|Economy|Finance|Stock Markets|Technology

Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries

Hotter-than-expected inflation data sent the Nasdaq to a sharply lower close on Wednesday, with worries about more interest rate hikes from the Federal Reserve

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

Judge extends order blocking Trump from banning CNN, MS NOW and Politico reporters from White House

A federal judge has extended an order blocking the Trump administration from banning reporters from CNN, MS NOW, and Politico from the White House

Business|Economy|Finance|World

IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure

The head of the International Monetary Fund says the United States and other wealthy nations must urgently tackle mounting global debt, which is weighing most heavily on low-income countries

Asia|Business|Economy|Finance|Stock Markets|Technology

US stocks drop to their worst day since July as inflation worsens

U.S. stocks dropped to their worst day since July

Business|Economy|Election|Finance|Political

Republicans are playing defense — and it’s costing them

Republicans are playing defense — and it’s costing them

Arts|Economy|Entertainment|Finance|Lifestyle

Appeals court judges question the government about Trump's DC National Guard deployment

Dozens of Washington, D.C., residents have rallied outside a courthouse holding a hearing on President Donald Trump's deployment of the National Guard to oppose the continuing presence of the military in the city

Economy|Europe|Finance

No signs of new EU debt crisis, but prudent fiscal policy is needed - Dombrovskis

There are no signs of a new euro zone sovereign debt crisis, but governments need to be prudent as debt costs rise on higher sovereign and corporate borrowing and inflation

Economy

Ohio's working-class voters rethink support for Trump and the Republican Party

A decade after Republican Donald Trump peeled away working-class and union voters who had long been a cornerstone of Democratic support in Ohio,

Business|Economy|Finance|World

Top economic adviser says Venezuela aims to publish debt sustainability analysis 'very soon'

Venezuela is hoping to publish a debt sustainability analysis "very soon", but the

Business|Economy|Finance|Technology

Inside the booming market for US midterm election bets

Betting on US midterm elections has surged this year on Polymarket and Kalshi, prediction markets that rose to prominence in 2024 when

Business|Economy|Finance

UK stocks close higher as weaker sterling boosts export-heavy sectors

UK stocks ended higher on Wednesday, supported by a rise in healthcare and consumer staples sectors, which gained on a weaker sterling after data showed US inflation came in hotter

Arts|Business|Crime|Economy|Europe|MidEast|Technology

Saudi Aramco headquarters suffered extensive damage in Houthi attack, sources say

Oil giant Saudi Aramco's headquarters in Dhahran suffered extensive damage in an attack on Tuesday, with a fire spreading across several floors, three people with direct knowledge

Arts|Business|Economy|Finance|Technology

BlackRock draws $205 billion in client funds as quarterly profit beats estimates

BlackRock surpassed Wall Street profit expectations and attracted $205 billion in total inflows in the third quarter, sending the world's largest

Business|Economy|Finance

China September new bank loans jump more than expected on stimulus, seasonal boost

New bank lending in China rose more than expected in September, rebounding sharply from a weak August as policymakers stepped up targeted monetary

Arts|Business|Crime|Economy|Entertainment|Finance

BofA misses profit estimates on trading weakness, books $1.2 billion charge

Bank of America missed third-quarter profit estimates on Wednesday due to weakness in its trading business and disclosed a $1.2 billion charge

Business|Economy|Finance

Inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections near

U.S. inflation accelerated last month as gas, clothes, and air fares got more expensive, evidence that rising prices remain an economic challenge just a few weeks before the midterm elections

Business|Economy|Finance

Bank of America fined $1.2 billion by Treasury Department for violating money laundering and sanctions laws

Bank of America fined $1.2 billion by Treasury Department for violating money laundering and sanctions laws

Business|Economy|Europe|Science|Technology

Europe leads the world on AI rules. So why is it missing from the AI safety debate?

Europe leads the world on AI rules. So why is it missing from the AI safety debate?

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

Space startups secure record $20.8 billion funding as infrastructure bets surge, report shows

Space startups attracted a record $20.8 billion in funding in the third quarter, as investors poured money into launch providers, manufacturing and other

Asia|Business|Economy|Finance|World

India importers press on with rupee hedges despite RBI's higher-cost deterrent

Indian importers continue to lock in future dollar purchase rates to protect against the rupee weakening, despite the banks charging more per month for such

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

China buys 8-10 US soybean cargoes in first deals since Trump-Xi summit, sources say

Chinese state buyers purchased 8-10 Panamax cargoes of US soybeans this week, the first such deals since the September summit between Presidents Donald

Business|Economy|Political|Science|Technology

ASML CFO says US Match Act limiting DUV sales to China would be counterproductive

The chief financial officer of top computer chip equipment manufacturer ASML said on Wednesday the company opposes a proposal by US Congress to limit the

Business|Economy

German economy likely slowed in third quarter, ministry says

Germany's economy ministry said on Wednesday that growth momentum likely slowed temporarily in the third quarter.

Business|Economy|Finance|Interview|Stock Markets|Technology

New ASX boss wants to accelerate move to one-day settlement in Australia

New ASX CEO Anthony Attia said he wants to expedite the transition to one-day cash equity trading settlement, bringing Australia in line

Africa|Americas|Arts|Asia|Economy|Education|Entertainment|Europe|MidEast

Taiwan cites progress on Alaska LNG after Trump says it will buy 30% of output

Taiwan said on Wednesday it was making progress in talks to buy liquefied natural gas from Alaska LNG and

Arts|Economy|Environment|Europe|Science|Technology|World

Barbados joins push for global panel to tackle inequality

Barbados is joining a group of countries calling for the establishment of an international panel to address inequality, at a time when heightened geopolitical

Economy|Europe|Finance

Spain's inflation rises at fastest pace in more than three years

Spain's inflation rose in September at its fastest pace since February 2023, mostly due to an increase in the price of fuel and air travel, the National Statistics Institute (INE)

Crime|Economy|Technology

IMF, World Bank launch 'Bangkok Blueprint' to fight cyber fraud

The International Monetary Fund and World Bank on Wednesday released a framework for tackling cyber-enabled fraud, as the Thai government underlined the mounting cost of

Business|Economy|Europe|Finance

Italian growth outlook brightens but slowdown ahead, business lobby says

Italy's economy will grow by 1% this year, the country's main business lobby Confindustria forecast on Wednesday, hiking a previous 0.5% estimate made in March but warning

Economy|Finance|Sports|World

FIFA will propose $6.3 billion funding for soccer development, AP sources say

FIFA will propose to its members a $6.35 billion fund for soccer development between 2027 and 2030, including a boosted amount of $25 million for each national association, two people with knowledge of the plan and a letter reviewed by The Associated Press confirmed on Tuesday

Economy|Environment|Food|MidEast

Gazans harvest dregs of olive groves bulldozed and cut off by Israel

Haidar Abu Middain, 60, lifts a desiccated bough of a fallen olive tree and tosses it aside in the barren dirt of what was once one

Arts|Asia|Business|Economy|Environment|Technology

Taiwan plans to buy liquefied natural gas from Alaska pipeline project

Taiwan is planning to buy liquefied natural gas from a U.S. project once extraction starts and could invest up to $4.4 billion in it

Economy|Finance|Political

UK finance minister Healey set to pay for budget measures without more borrowing, FT reports

UK finance minister John Healey is expected to pay for new initiatives in this month’s budget, including a cost-of-living package, with

Arts|Asia|Economy|Europe|Finance|MidEast|Stock Markets|US

Pressured at home, EU leaders weigh China trade steps

European leaders gather in Brussels on Thursday to weigh up the future of trading ties with China, whose surging exports of cars and other

Economy

IMF urges members to stock up funds for low-income, vulnerable states

IMF chief Kristalina Georgieva on Wednesday warned that current economic developments and the rapid advance of AI threaten to deepen the

Business|Economy|Health|Technology

Galderma to buy US firm ZO Skin Health for $1.5 billion

Swiss skincare firm Galderma has agreed to acquire US company ZO Skin Health for an enterprise value of $1.5 billion, it said on Wednesday, confirming a report published by

Asia|Economy

A new bridge linking China and North Korea will open more than a decade late

A new bridge linking China and North Korea is set to open Thursday after more than a decade of delay

Business|Economy|Finance|Stock Markets|US

Let the doves sing

A look at the day ahead in European and global markets from Rocky Swift With US Federal Reserve officials singing a less hawkish tune overnight, Singapore kept the dovish trend rolling with a surprise

Business|Economy

High gasoline prices expected to boost US consumer inflation in September

US consumer prices likely surged in September, driven by rising gasoline and food costs, and adding to a string of unfavorable developments for President Donald Trump

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

Vietnam says trade talks with US nearly completed; US officials more cautious

Vietnam and the US have nearly completed negotiations covering a trade deal, Vietnamese Deputy Prime Minister Pham Gia Tuc said on

Economy|Science|Technology

Kamala Harris warns window closing for AI safeguards, urges US-China cooperation

Former US Vice President Kamala Harris urged governments and technology companies on Wednesday to urgently put safeguards in place for artificial

Arts|Economy|Europe|Finance

ECB President Christine Lagarde signals no intervention in France’s fiscal crisis

ECB President Christine Lagarde signals no intervention in France’s fiscal crisis

Asia|Business|Economy|Finance|World

China’s trade surplus nears record as pressure mounts from trading partners

China’s trade surplus reached $938 billion for the first nine months, with expectations growing that it could surpass last year’s full-year $1.2 trillion record

Business|Economy|Environment|Science|Technology

China September rare earth exports rise 6.7% from a year earlier

China's exports of rare earths in September rose 6.7% from the prior year, customs data showed on Wednesday, as overseas buying improved after a summer lull.

Economy

House Democrats plan a first 100-days agenda if they sweep to power in midterm elections

Democrats are preparing an ambitious 100-days agenda if they win the House majority in the midterm elections

Arts|Economy|Environment|Health|Political|Science

Iowa faces a reckoning over water quality and cancer rates in midterm campaigns

Iowa is grappling with water quality and cancer rates, bringing these issues to the forefront of state politics

Asia|Business|Economy|Finance|World

Asia must guard against another financial crisis, Philippines central bank chief says

Asian countries must remind themselves about what happened during the region's financial crisis in the late 1990s and guard against a recurrence of such

Economy|Finance

IMF dials up calls for urgent fiscal consolidation

The International Monetary Fund on Wednesday issued an urgent call for advanced economies and others to reduce government spending, cut deficits and lower

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Iran shifting tactics to step up attacks on shipping before US vote, officials say

Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil

Business|Economy

How Singapore's unique monetary policy works

Singapore's central bank kept its monetary settings unchanged on Wednesday, surprising analysts who expected a tightening, with the economy projected to

Economy|Election|Political

Sen. Collins says Trump 'did not have a good plan' on Iran war

Tonight’s Maine Senate debate turned immediately to the Iran war when GOP Sen. Susan Collins and Democrat Troy Jackson were asked how to help lower heating costs in Maine.

Arts|Business|Economy|Election|Finance|Science|Technology

Rep. Collins and Sen. Ossoff clash over Epstein files in Georgia debate

Republican Rep. Mike Collins attacked Democratic Sen. Jon Ossoff over campaign donations from LinkedIn co-founder Reid Hoffman, who has acknowledged meeting Jeffrey Epstein, while Ossoff countered accusing Collins of voting against releasing Epstein-related records, and helping to "cover up" evidence.

Crime|Economy|Political|World

After surging troops to the border, US military showcases a quieter Rio Grande

The U.S. Army is deploying hundreds of soldiers to Texas' Rio Grande Valley in response to what it says are signs of elevated activity from Mexican drug cartels

Economy

Trump administration to expand a Delek Texas refinery using Defense ​Production ⁠Act

The Trump administration will use the ​Cold War-era Defense ​Production ⁠Act to expand the processing capacity of a refinery in Texas owned by Delek US Holdings, Vice

Business|Economy|Europe|Science|Technology|US

Trump says US still sharing intel, even as Ukraine reports attacks with no warnings

US President Donald Trump said on Tuesday that Washington was still sharing intelligence with Ukraine, even as Kyiv reported new Russian

Business|Economy|Finance|Technology

Televisa, Fintech to take on America Movil with $2 billion purchase of AT&T's Mexican unit

Grupo Televisa and Fintech Holdings have agreed to buy AT&T's Mexican unit for $2 billion in cash, setting up a showdown with telecoms giant America

Business|Crime|Economy|Finance|Political

BofA fined $1.2 billion by US government for failing to police suspicious activity

Bank of America has been fined $1.21 billion by US regulators for widespread failures to detect potential money laundering and other

Arts|Business|Economy

US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws

The U.S. Treasury Department says it’s imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws

Economy|Interview

Fed's Williams sees no need for rate hike in 2027, Bloomberg News reports

By Michael S.

Economy|Health|Science|Technology

Social Security benefits will rise 3.6% in 2027, but that may not be enough to offset healthcare costs

Some advocates for older Americans want the government to change the index used for this adjustment to one more tailored to their spending patterns.

Arts|Economy|Science|Technology

US stocks edge back from their record following the first big batch of profit reports for the summer

The first big batch of summertime profit reports from U.S. companies made waves on Wall Street after topping analysts’ expectations, but many canceled each other out

Business|Economy|Europe|Finance|Technology

AI limiting European workers' bargaining power, ECB's Lane says

The increased use of AI by euro zone companies could curb workers' ability to demand higher wages while heavy investment into the new technology may be materially

Arts|Business|Economy|Finance|Science|Technology|World

Tencent raises $5.7 billion in debt sale as demand defies AI scrutiny

Tencent Holdings has raised about $5.7 billion through US dollar and offshore yuan debt offerings on Tuesday, drawing combined

Arts|Business|Economy|Finance|Science|Technology|World

World stocks dip on AI spending concerns; Brent settles lower

World stocks edged lower on Tuesday as concerns about AI spending weighed on chipmakers and investors looked ahead to more US corporate

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MI5 chief says Iran is targeting military sites and suspected plot at RAF Fairford is 'not unique’

The head of MI5 says Iran is trying to hit military sites in the U.K. and the suspected plot to attack a U.S.-run military air base in September is not unique

Business|Economy|Finance|Technology

Kroger to lay off 3,000 corporate employees over 3 years as it leans into artificial intelligence

Grocery store chain Kroger says it will lay off 3,000 corporate employees over the next three years as it ramps up its use of artificial intelligence to streamline operations

Economy|Political|Sports

English soccer's regulator insists there will be no political pressure in Man City case

The chair of English soccer’s regulatory body has said he would resign if there were any political interference over potential sanctions for Manchester City

Business|Economy|Finance|Science|Technology

Brutal session for chip stocks shows AI trade is turning

A selloff in AI supplier shares on Tuesday is the strongest sign to date that the mood on the trade of the decade is shifting, with growing worries that

Economy

Republicans face midterm backlash from factory workers squeezed out of jobs by Trump's tariffs

President Donald Trump's tariffs are turning factory workers against his Republican Party over fears the import taxes could lead to fewer jobs instead of the manufacturing renaissance he promised

Africa|Americas|Arts|Asia|Business|Crime|Economy|Environment|Europe|Lifestyle|MidEast

Trump says Houthis trying to drive up oil prices ahead of US midterm elections

President Donald Trump on Tuesday accused Yemen's Houthi militants of deliberately trying to drive up oil prices ahead of the US midterm

Arts|Business|Economy|Environment|Europe|Finance|MidEast|Science

Oil prices settle mixed, focus on US-Russia diesel deal, Saudi Yemen attacks

Oil prices were mixed on Tuesday as hopes the US-Russia diesel deal could free up more supplies from Moscow offset attacks in Saudi Arabia and Yemen that could

Economy|Political

Trump's diesel deal with Putin draws criticism from a frustrated Congress

The deal that President Donald Trump reached with Russian President Vladimir Putin to import tons of Russian diesel is drawing concern from Congress

Business|Economy|Finance|Stock Markets

Citi profit tops estimates on higher investment banking, services and wealth revenue

Citigroup beat Wall Street estimates for third-quarter profit on Tuesday, helped by stronger investment banking revenue and transactions

Business|Economy|Finance|Technology

Chip selloff pulls European stocks back from one-week high

Europe's STOXX 600 ended marginally lower on Tuesday, retreating from a one-week high, after a sharp selloff in chip stocks overshadowed optimism from

Business|Economy|Finance|Stock Markets

Big banks post strong Q3 profits, but warn higher rates and inflation could bite

Wall Street’s biggest banks have reported another strong quarter as U.S. consumers continue to pay bills and businesses invest in AI

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CVS agrees to pay $315 million to settle Justice Department case over opioid prescriptions

CVS Pharmacy Inc. and various subsidiaries have agreed to pay $315 million to resolve a Justice Department case alleging it unlawfully dispensed medically unnecessary prescriptions of highly addictive opioids

Business|Economy|Europe

As EU debates local-content rules, Chinese automakers are already adapting

As Europe debates new local-content rules aimed at boosting

Business|Economy|Political

Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden

Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden

Arts|Business|Economy|Finance|Interview|Technology

Goolsbee says AI-induced inflation is 'jumping out of its lane,' Semafor reports

Federal Reserve Bank of Chicago President Austan Goolsbee said on Tuesday that inflation is starting to feel like "aggregate overheating" fueled by spillovers from the artificial

Business|Economy|Finance

Fitch warns bond yield surge is worsening debt outlook for developed economies

Rising government bond yields are making it much harder for major developed economies to stabilise debt burdens, with countries including France, the US and Britain facing

Business|Economy|Health

Walmart to offer 250-plus free medications, including GLP-1s, to employees

Walmart on Tuesday introduced a plan to offer employees more than 250 medications, including GLP-1s, insulin and inhalers at no cost, as the retailer expands healthcare benefits for

Economy|Finance|Travel|World

Airlines cancel flights to Saudi Arabia after Riyadh airport attacks

Airlines are cancelling flights to Saudi Arabia following the deadly attacks on Riyadh airport by Yemen's Iran-aligned Houthis earlier in October, extending disruption to air travel

Africa|Americas|Arts|Asia|Australia|Business|Economy|Europe|Finance|MidEast|Science|Technology|World

Dollar retreats from 18-month high as oil prices fall, inflation data in focus

The dollar slipped from an 18-month high on Tuesday as oil prices retreated and investors reassessed the AI-fueled rally that has supported demand for US

Arts|Economy|Europe|MidEast|Science|Technology

Why billions spent on defense haven’t shielded Saudi Arabia from Houthi attacks

Why billions spent on defense haven’t shielded Saudi Arabia from Houthi attacks

Business|Economy|Finance

US existing home sales rise in September; higher mortgage rates dim outlook

US existing home sales unexpectedly increased in September, but the trend stayed subdued against the backdrop of rising mortgage rates and still higher

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

S&P 500 opens lower after bank earnings; chips weigh

The S&P 500 and the Nasdaq opened lower on Tuesday as chip stocks came under selling pressure again, while investors assessed a mixed set of quarterly results, including reports

Business|Economy|Finance|Stock Markets

Higher yields revive the case for a new-look 60/40 portfolio

US investors are favourably reassessing the traditional 60% stock, 40% bond portfolio strategy as a selloff in government debt lifts yields to levels

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|Stock Markets|Technology|Travel|US|Videos|World

Iran and Russia are stepping up hybrid campaigns in Britain, UK spy chief says

Iran is stepping up attempts to hit harder targets such as military sites in Britain and Russia is increasing its hybrid warfare against Ukraine's allies,

Business|Economy|Finance|Stock Markets

Goldman Sachs beats quarterly profit estimates on equities strength

Goldman Sachs on Tuesday beat third-quarter profit estimates as dealmaking remained steady and volatile markets tied to the Middle East conflict

Business|Economy|Finance|Stock Markets

US grocer Albertsons pulls annual outlook, accelerates turnaround efforts

Albertsons withdrew its fiscal 2026 forecasts on Tuesday and launched a review of its business aimed at cutting costs, lowering prices and reversing sluggish

Arts|Economy|Finance

European luxury's $350 billion blowout

European luxury firms have seen some $350 billion in value knocked off their combined market capitalizations this

Arts|Business|Economy|Entertainment|Finance|Food

Domino's forecasts muted annual same-store sales as competition, cautious consumers weigh on demand

Domino's Pizza on Tuesday scaled back its full-year sales outlook, warning that US and international comparable sales growth would remain muted, sending shares down about 3% in

Business|Economy|Finance|Stock Markets

LSEG in talks to buy Permira-owned Octus data group for about $3.5 billion

The London Stock Exchange Group confirmed on Tuesday it is in talks with private equity firm Permira to acquire financial data group Octus for about $3.5

Economy|Environment|Food|Science

Americans are stressed about grocery prices, so why do they toss or overlook so much ‘misfit’ food?

Quality, rather than discounts or environmental benefits, is what’s needed to encourage shoppers to consider odd-shaped produce.

Arts|Business|Economy|Europe|Finance|MidEast|World

Saudi leads jump in OPEC+ oil output in September, despite Iran war disruption

By Alex Lawler and Olesya Astakhova LONDON, Oct 13 - Oil producer group OPEC+ posted a sharp gain in production in September, OPEC said on Tuesday, driven by an increase from Saudi Arabia despite

Arts|Business|Economy|Environment|Europe|Technology

European automakers urge support as VW warns of 'enormous pressure'

European automakers urged policymakers on Tuesday to do more to help them cope with Chinese competition and the shift to electric

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

Trump says he does not believe China and Russia help Iran, contradicting US intelligence

President Donald Trump said on Monday he did not believe that China and Russia were helping Iran "at all," even as US

Economy|Europe

Tensions flare over the EU’s next long-term budget ahead of unpredictable elections in 2027

Political tensions are rising over the European Union's next long-term budget

Business|Economy|Europe|Technology|World

China's carmakers expand their presence in Europe

Chinese automakers are expanding in Europe, betting on their competitive pricing and advanced technology to break into a market traditionally dominated by European and American

Economy

‘I’m strapped every month.’ Seniors struggle as inflation continues to outpace Social Security benefits

‘I’m strapped every month.’ Seniors struggle as inflation continues to outpace Social Security benefits

Business|Economy|Europe

BMW deliveries fall 6.3% in third quarter as China sales slump

BMW reported on Tuesday a year-on-year 6.3% decline in global vehicle deliveries in the third quarter, as sales in China fell by a quarter.

Economy|Europe|Finance

Germany's Merz: I will prioritise welfare reform over popularity

German Chancellor Friedrich Merz said on Tuesday he was ready to sacrifice his popularity in opinion polls to push through long-overdue welfare system reforms that

Economy|Election|Political

GOP senator said gas prices would decide the midterms. Now they’re threatening his reelection

GOP senator said gas prices would decide the midterms. Now they’re threatening his reelection

Economy|Finance

Growing debt burden poses significant risk to developing nations, G24 chair says

The debt vulnerabilities of many developing economies are a "major barrier" to inclusive growth, the chair of the Group of 24 nations said on Tuesday, warning

Business|Economy

South Korea's Lee welcomes home Arctic container ship as route faces viability tests

South Korean President Lee Jae Myung on Tuesday welcomed home the first South Korean container ship to sail to Europe and back via the Arctic, as Seoul pushes to

Arts|Economy|Finance|Technology

Hedge funds are a top draw in Asia as investors look beyond bonds

Hedge funds are drawing in new fans and a rush of capital from Asia, as pensions, family offices and other investors look to alternative

Arts|Business|Economy|Finance|Science|Technology|US

BlackRock cools on US stocks, turns bullish on short-dated Treasuries

The BlackRock Investment Institute said it had downgraded its view on US stocks to neutral, citing volatility around AI, and upgraded Treasuries, preferring short-term

Arts|Business|Economy|Finance|Technology

Visa wins approval to prepare a bank card clearing business in China

Visa has received approval to prepare for a bank card clearing business in China, allowing it to compete in the country's payments market

Arts|Asia|Business|Economy|Finance|Technology|World

Visa gets approval to prepare for domestic business in China

US payments firm Visa has received approval from China's central bank to begin preparations for a domestic bank card clearing institution in the country, ending years of waiting to

Business|Economy|Finance|World

China's exports seen growing at faster pace in September: Reuters Poll

China's exports are expected to have expanded at a slightly faster pace in September, sustaining robust momentum despite pressure from some trading partners and remaining

Business|Economy|Finance|Technology|World

IMF cites AI slowdown, spiking yields as looming global market risks

The International Monetary Fund warned on Tuesday against "complacency" in global financial markets, citing risks from an

Business|Economy|Finance

88.6% of Japan households expect prices to rise a year from now, BOJ says

The ratio of Japanese households expecting prices to rise a year from now hit 88.6% in September, a quarterly Bank of Japan survey showed on Tuesday, down from 90.4% in the

Economy|Europe|Finance|MidEast|Stock Markets|Technology

The fragile AI trade 

A look at the day ahead in European and global markets from Ankur Banerjee A steep rout in AI stocks on signs that China is swiftly closing the tech gap has cast a shadow over

Business|Economy|Europe|Technology

Europe's carmakers turn back time to rival Chinese EVs

As Chinese electric vehicle makers challenge Europe's auto industry with cheaper cars and increasingly sophisticated technology,

Business|Economy|Science|Technology

Nvidia's China AI-chip share falls as Huawei closes gap, report finds

Nvidia's share of China's market for data-centre AI chips fell to 34% in the first half of 2026, as US export controls restricted supplies of its products and domestic

Arts|Economy

Japan's wholesale inflation remains elevated, keeps alive BOJ rate-hike view

Japan's wholesale prices rose 6.8% in the year to September, according to data released on Tuesday, slowing from the previous month but highlighting mounting

Business|Economy|Finance

Britain needs to keep deficit reduction on track, IMF says

Britain needs to ensure it sticks to its deficit reduction plans as government borrowing soars elsewhere, the International Monetary Fund warned on

Economy|Finance

South Korea's Lee says country cannot avoid raising interest rates

South Korea cannot avoid raising its benchmark interest rate in the near future to narrow a widening yield gap with the United States and align

Business|Economy|Finance

IMF raises its forecast for world growth this year but says economies will slow in 2027

The International Monetary Fund has slightly upgraded its outlook for the world economy for this year, but it's forecasting growth at a still sluggish 3.1%

Business|Economy|Technology

Japan's Omron to buy US industrial PC firm Onlogic for $675 million in physical AI push

Japanese manufacturer Omron will buy US industrial PC firm Onlogic and its parent company, Interlogic, for $675 million, the company said on Tuesday.

Arts|Business|Economy|Environment|Travel

Saudi capital's airport to remain shut this week as airlines cancel services

Authorities have extended the closure of Riyadh's international airport until Saturday and airlines scrapped flights

Business|Economy|Finance|Technology

AI investment props up global growth, but war and debt threaten outlook, IMF says

The global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East,

Business|Economy|Finance|World

IMF expects gradual BOJ rate hike towards neutral setting

The International Monetary Fund said on Tuesday the Bank of Japan will likely raise interest rates gradually "toward a neutral setting" despite an expected slowdown

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IMF cuts Latin America, Caribbean growth forecasts on energy shock, little AI boost

The International Monetary Fund trimmed its growth forecasts for Latin America and the Caribbean for this year and next and said most of the region was getting little lift

Economy|Europe|Political|US|World

Kyiv says Russia hits energy targets despite Trump ceasefire announcement

Russia hit at least six energy targets during deadly airstrikes across Ukraine, showing it had no interest in an energy ceasefire announced

Africa|Economy|Europe|MidEast|Political|World

Moroccan centrist party agrees to form coalition government with three other parties

Morocco's centrist Authenticity and Modernity Party (PAM), who topped last month's parliamentary election vote, will form a coalition government with

Business|Economy|Finance

UK shoppers stay cautious as fuel costs bite, surveys show

British consumers kept a lid on spending in September, with much of their extra outlay going on fuel, while warm weather helped pubs but hurt clothing sales, according to surveys

Arts|Economy|Finance|Technology|World

Trading Day: Fog of war

Oil and fuel prices rose on Monday following weekend attacks on a Saudi airport, which had a varied impact on global stocks.

Arts|Economy|Europe|MidEast|US|World

US hopes diesel deal can 'soften' Moscow on peace talks, sources say

President Donald Trump's envoys told Ukrainian officials on Friday that a deal to allow Russian diesel

Arts|Business|Economy|Technology|World

Kroger plans to eliminate 3,000 corporate roles, memo shows, as it expands AI use

Kroger plans to cut roughly 3,000 corporate roles over the next three years, CEO Greg Foran told staff in a memo, seen by Reuters on Monday, as the grocer integrates AI into its

Business|Economy|Science|Technology

Companies cutting jobs as investments shift toward AI

Companies spanning tech giant Microsoft to British lender Barclays have announced layoffs this year, deepening concerns that AI adoption will upend established industries, with job

Business|Economy|Finance|Interview|Stock Markets|US

Fed's Hammack: Hope to cool demand, and inflation, without job market pain

Cleveland Federal Reserve President Beth Hammack said on Monday she hopes the Fed can lower inflation without damaging the job market, but that may

Economy|Political

Canadian Prime Minister Carney makes case for Canadian unity as Alberta referendum nears

Canadian Prime Minister Mark Carney is making the case for Alberta to remain in Canada, warning one week before the province’s referendum that separation would begin a “long and uncertain process” at a dangerous time for the country

Business|Economy|Political|World

US stocks hover near their latest record in mixed trading on Wall Street

Stocks kicked off a busy week with mixed trading on Wall Street that kept the market hovering around its all-time high set last week

Africa|Arts|Economy|Environment|World

Congo's former president Kabila forms new group to replace M23 insurgency

Former Congolese President Joseph Kabila has launched a new political-military coalition to replace the AFC-M23 alliance fighting government forces in eastern Congo, taking a

Business|Economy|Finance|Stock Markets

Nasdaq falls ahead of earnings, economic data while oil rallies

The technology-heavy Nasdaq composite closed lower on Monday as oil prices jumped nearly $2 a barrel after attacks on a Saudi airport, and

Crime|Economy|Sports|World

A man struck by an ICE vehicle broke both his legs. Here’s what we know

A man struck by an ICE vehicle broke both his legs. Here’s what we know

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|Stock Markets|Technology|Travel|US|Videos|World

UK PM Burnham says Iran's IRGC likely behind RAF Fairford incident

British Prime Minister Andy Burnham said on Monday that a suspected plot targeting the RAF Fairford air base in Britain was "highly likely" to have been

Arts|Business|Economy|Europe|Finance|Food|Technology

Hackers heat French supermarket fridges, sparking fires and spoiling food

Hackers raised the temperature of refrigerators and freezers at hundreds of French supermarkets to as high as 50 degrees Celsius (

Business|Crime|Economy

Munition blast during school trip kills student in Israel, and other Mideast developments

An explosion involving unexploded ordnance killed a student and injured 24 others during a school trip in northern Israel on Monday

Business|Economy

Trump defends Russia diesel deal as lawmakers from both parties complain

President Donald Trump on Monday defended a diesel oil deal he made with Russia as lawmakers from both parties complained the agreement appears to

Business|Economy|Finance

Getty Images plans bankruptcy filing, to go private

Getty Images said on Monday it would file for bankruptcy and go private after a restructuring agreement that the visual-content provider expects to close by the end of the year.

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

Oil rallies, sending dollar higher on expectations of higher US rates

Oil prices climbed on Monday as attacks on Saudi Arabia overshadowed hopes for supply improvements, and expectations for higher US

Economy|Europe|World

Sixty countries back declaration opposing strait tolls

Sixty countries supported a declaration on Monday pledging to work to preserve freedom of navigation and opposing the introduction of tolls through straits used for

Business|Economy

Fed's Hammack backs restrictive policy, says better if it comes 'relatively quickly'

Cleveland Fed President Beth Hammack said on Monday the US central bank should move "relatively quickly" to a restrictive monetary policy stance in

Business|Economy|Europe|Finance|Political|Sports|World

European tour says anyone signing with LIV Golf need not apply to play both circuits

The European tour is sending an ultimatum to LIV Golf players — us or them

Business|Economy|Technology

Global smartphone shipments record worst third quarter in 14 years amid memory shortage

Global smartphone shipments fell 20% on-year to their lowest third-quarter level since 2012, as soaring memory chip costs and supply shortages pressured manufacturers and pushed up

Economy|Europe|Finance|World

Germany's debt-to-GDP ratio expected to rise to 78.25% in 2030

Germany's debt is expected to rise to reach 78.25% of gross domestic product in 2030, the country's stability council, which coordinates federal and state finances, said on

Arts|Asia|Economy|Finance|MidEast

Dollar holds 18-month high as Gulf tension, US inflation keep investors on edge

The dollar held at an 18-month high on Monday, supported by safe-haven demand as attacks escalated in the Middle East over the weekend, keeping investors

Arts|Economy|Finance|Science|Technology

US yield surge triggers mortgage hedging, adds to bond market pressure

The sharp rise in long-term US Treasury yields has spurred mortgage-related hedging that adds selling pressure to an already

Arts|Business|Economy

Starbucks says not buying Chipotle, ends takeover speculation

Starbucks is not buying Chipotle Mexican Grill, the coffee chain said on Monday, quashing talk of a deal that could have been the largest-

Business|Economy|World

Oil prices rise on Saudi Arabia attacks, overshadowing Trump's diesel deal

Oil prices rose by nearly $2 a barrel on Monday as attacks on Saudi Arabia outweighed the prospect of increased supplies, even

Economy|Science

A list of this year’s Nobel Prize winners

This year’s Nobel Prize awards concluded Monday after two economists won the Memorial Prize in Economic Sciences for their work on models that help manage economic shocks

Economy|Election|Interview

High prices are testing Latino voter loyalties in a key battleground district

Victor Martinez runs a Spanish-language radio station in Pennsylvania’s Lehigh Valley and talks about voters' frustration with everyday realities like higher fuel prices and inflation ahead of next month’s midterm election

Economy|Science|Technology

Hall, Woodford win Nobel prize for work on how to stabilise economies

US academics Robert Hall and Michael Woodford won the 2026 Nobel economics prize on Monday for decades of work developing ground-up

Business|Economy|Europe|Political|World

Ukraine says EU set to open next accession stages after Kyiv passes minority rights law

Ukraine expects the European Union to approve opening the second and third stages of its accession talks on Tuesday, Foreign Minister Andrii Sybiha said on Monday.

Business|Economy|Europe|Finance|Political

Germany's fragile coalition hit by labour minister's resignation

Germany's labour minister and co-head of the centre-left Social Democrats (SPD) quit unexpectedly on Monday, adding to uncertainty around

Business|Economy|Science|Technology

EnergyX signs binding $2 billion lithium supply deal with Trafigura

Lithium startup EnergyX said on Monday it has signed a $2 billion binding offtake to supply commodities trader Trafigura with the battery metal from Chile and the

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Goldman upgrades global equities on earnings optimism

Goldman Sachs on Monday upgraded its three-month view on global equities to "overweight" from "neutral", saying earnings growth remains supportive for equities and valuations have

Arts|Economy|Europe|Technology|World

China's carmakers export more as EU caps hybrid vehicle imports at 350,000 a year

China's passenger car exports have surged 64% in September compared to the same month in 2025, according to an industry association

Economy|Europe|Political|US|World

US threatens to suspend intel sharing, weapons purchases if Ukraine continues Russia energy strikes, sources say

US threatens to suspend intel sharing, weapons purchases if Ukraine continues Russia energy strikes, sources say

Economy|Science

Democrats distance themselves from trans rights – close midterm races may show whether that pays off

A scholar of LGBTQ+ politics looks at how Democratic campaigns in Texas and Ohio are shifting on trans issues and what that could mean for control of Congress.

Economy|Political|World

UN refugee agency's funding shortfall is impacting refugees worldwide, its chief says

Deep funding shortfalls are forcing the UN refugee agency to make painful cuts across its humanitarian operations worldwide, and there are limits to

Business|Economy|Finance|World

India inflation jumps to 5.54% in September, strengthening case for further rate hikes

India's retail inflation jumped to 5.54% in September, data showed on Monday, nearing the upper end of the central bank's 2%-6% tolerance band and strengthening the case for further

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Germany faces 'shadow war' that goes beyond Cold War threats, minister warns

German Interior Minister Alexander Dobrindt warned on Monday that Germany faced a "shadow war" more far-reaching than the Cold War, and said the threat underscored the need

Arts|Business|Economy|Europe|Finance

China's $7.5 billion EU hybrid boom faces new curbs under China-EU deal

China's deal to curb hybrid vehicle exports to the European Union is set to deal a fresh blow to electric vehicle makers that ramped up hybrid shipments exempt

Business|Economy|Europe

EU eyes December trade initiatives after China car import deal

The European Commission is set to lay out potential trade defence measures in December designed to rein in its trade deficit with China and reduce its reliance on the

Business|Economy|Finance

India Sept inflation nears RBI tolerance ceiling, boosting case for further rate hikes

India's retail inflation accelerated to a higher-than-expected 5.54% in September, data showed on Monday, nearing the central bank's 6% ceiling and

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Two Americans win Nobel prize for models to tackle economic downturns

Two Americans win Nobel prize for models to tackle economic downturns

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When AI goes rogue, who should get sued?

When AI goes rogue, who should get sued?

Business|Economy

Russia's new budget allows more monetary easing, but is not the only factor, central bank official says

Russia's three-year budget plan is in line with the central bank's July forecast and will allow for a further easing of monetary policy,  Deputy Central Bank Governor Alexei

Business|Economy|Finance|Technology

In the US, a wealth boom and a price shock collide

The US is in the middle of a historic and costly technological revolution, with the artificial intelligence buildout driving a level of investment

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The races that will decide control of the US Senate

By Nolan D.

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Diesel diplomacy

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Diesel dominated another weekend of noisy geopolitics, with confusion

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IMF says AI investment keeps global growth around 3% but brings massive disruption

Strong investment in AI infrastructure is keeping global growth at around 3% with major benefits for Asia, but also foreshadows a "slow-moving

Economy|Europe|Finance|Political

Germany's Social Democrats to re-elect full leadership after labour minister's resignation

Germany's Social Democrats will re-elect their entire leadership at a party congress around the turn of the year after labour minister and co-chair Baerbel Bas resigned, co-

Business|Economy|Finance

Fed officials are warning of more pain. Many Americans are already feeling it

Fed officials are warning of more pain. Many Americans are already feeling it

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

INWIT investors line up financing for possible take-private, sources say

The leading shareholders in INWIT are arranging the financing for a potential take-private deal of Italy's largest

Asia|Economy|Science|Technology|World

Productivity gains from AI could help offset Asia's ageing population problem, IMF says

Artificial intelligence could help offset Asia's shrinking workforce as some countries' populations age, provided its adoption is scaled evenly across the region

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Volkswagen deliveries post steepest drop in more than four years as China weakness deepens

German automaker Volkswagen reported a 14.3% decline in global deliveries in the third quarter on Monday, its sharpest drop in more than four years, as weakness in China, its

Business|Economy|Environment|Finance

TotalEnergies expands US venture with KKR with 700 MW portfolio

TotalEnergies said on Monday it is expanding its joint venture with KKR in the United States with an additional renewables portfolio valued at $1.2 billion.

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North Korea fires multiple ballistic missiles, adding to streak of weapons tests

South Korea’s military says North Korea fired multiple ballistic missiles toward its eastern waters, adding to a recent streak in weapons demonstrations

Economy|Environment|Europe|Science

EU eyes COP31 climate deal to accelerate CO2 cuts, document shows

The European Union will use next month's COP31 climate summit to push for agreement on a "package" of efforts to reduce the greenhouse gas emissions heating

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China home car sales downturn continues, exports retain momentum

China's domestic car sales extended their decline for a 12th successive month, while exports remained a key growth driver as automakers looked overseas to cushion the

Arts|Economy|Europe|Finance

China home car sales downturn continues, exports retain momentum

China's domestic car sales extended their decline for a 12th successive month, while exports remained a key growth driver as automakers looked overseas to cushion the

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Hurricane Simon pounds resorts and vulnerable towns along Mexico’s Pacific coast

Hurricane Simon pounds Mexico’s Pacific coast as a Category 3 storm

Economy

It takes two to make a ceasefire

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

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TSMC expected to report sixth straight quarter of record profit thanks to AI boom

TSMC, the world's largest manufacturer of advanced AI chips, will likely report a sixth consecutive quarter of record earnings, driven by

Arts|Business|Economy|Election|Entertainment|Finance|Lifestyle

Judge orders the Trump administration to cancel taxpayer-funded promotional TV ads

A federal judge has ordered President Donald Trump to cancel any remaining television commercials paid for with millions of dollars in taxpayer money to promote his political message

Economy|Political|World

UK finance minister to call for big economies to get borrowing under control at IMF

British finance minister John Healey will stress the importance of budget discipline and improving resilience to geopolitical shocks when he meets his

Economy|Finance

UK's Healey can't risk a 'steady as you go' budget, think tank warns

British finance minister John Healey will need to find £36 billion ($47.6 billion) in tax hikes or welfare cuts in his first budget just to offset the

Economy|Environment|Science|World

Panama suffers over 200 aftershocks after Friday's 7.7-magnitude earthquake

By Elida Moreno PANAMA CITY, Panama Oct 11 - Panama has recorded more than 200 aftershocks following Friday's 7.7-magnitude earthquake that damaged hundreds of homes and infrastructure across the

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Man injured after being struck by ICE vehicle while fleeing on foot during enforcement operation, officials say

Man injured after being struck by ICE vehicle while fleeing on foot during enforcement operation, officials say

Economy|Europe|Political|World

Polish police detain man over threat to PM and defence minister

Polish police have detained a man suspected of planning an attack on Prime Minister Donald Tusk and Defence Minister Wladyslaw Kosiniak-Kamysz, the Interior Minister said on

Economy

US Republicans, Democrats want Trump to reverse course on Russia diesel

Republican and Democratic US senators called on President Donald Trump on Sunday to "reverse course" on his diesel supply deal with Russia, saying

Arts|Economy|Europe|MidEast|Science

After oil increasingly left the Gulf, Iran is trying to regain its stranglehold on shipping

After oil increasingly left the Gulf, Iran is trying to regain its stranglehold on shipping

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Kansas GOP Sen. Roger Marshall pays off 6-year-old campaign cookie bill

Kansas GOP Sen. Roger Marshall pays off 6-year-old campaign cookie bill

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Villages evacuated as flash flood from Budhi Gandaki River hits northern Nepal

Residents in north central Nepal have evacuated after flash flooding on the Budhi Gandaki River

Business|Economy|Europe

Volkswagen CEO says transformation is 'shared responsibility' in appeal to EU

Volkswagen chief Oliver Blume expects European policymakers to create the framework needed to make the German automaker's restructuring a success, he said on

Arts|Economy|Entertainment|Europe|Finance|Interview|Lifestyle|Science|Sports

Trump sticks with tariffs even as US voters turn against them before the midterms

President Donald Trump shows no signs of budging from a trade policy that many Americans don't like as the midterm elections loom

Economy|Education|Political|World

India's 'Cockroach' protest movement leaders freed from detention, vow to continue demonstrations

Leaders of a popular Indian youth movement vow to continue protests after being released from detention

Economy|Health|World

Cubans turn to free community pharmacies as medicines grow scarce

In Havana, Laura Mendoza runs a project called “Medicine Is Not for Sale,” providing free medications to Cubans facing severe shortages

Arts|Business|Economy|Europe|Science|Technology|World

Trump says Ukraine should get a new leader as he spars with Zelensky over US-Russia diesel deal

Trump says Ukraine should get a new leader as he spars with Zelensky over US-Russia diesel deal

Business|Economy|Technology|World

Musk vows affordable Starlink in India days before Ambani's record Jio IPO

Elon Musk said he would price Starlink's satellite internet service affordably in India to take on Mukesh Ambani's low-cost Reliance Jio, escalating

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World Bank in talks with dozens of countries about crisis aid, Banga says

The World Bank is in discussions with 30 to 40 countries about potential crisis aid to help them manage energy shocks and price increases triggered by the

Economy|Finance

Middle East war, high debt levels to dominate IMF-World Bank meetings in Bangkok

Finance officials from around the world will gather in Bangkok this week under the shadow of a widening war in the Middle East, the biggest-ever energy

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Houthi strike on Saudi airport kills 12, worst attack on kingdom in a decade

At least 12 people were killed and more than 300 wounded in an attack on Riyadh's international airport on Saturday, the deadliest in the

Business|Economy|Science|Technology

Nvidia in talks to invest further in Reflection AI or buy it, FT reports

Nvidia is in talks to deepen its investment in open-source startup Reflection AI or acquire it, the Financial Times reported on Saturday, citing people with direct knowledge of the

Business|Economy|Technology

India's Infosys does not expect material impact from US PERM suspension

Infosys, India's second-largest IT firm, said on Saturday that it does not anticipate a material impact from the Permanent Labor Certification (PERM) application suspension

Arts|Economy|Entertainment|Finance

Mahmoud Abbas postpones Palestinian legislative elections another year

Palestinians won't head to the polls next month to vote on reviving a dissolved parliament

Business|Economy

Trump launches new effort to oust Fed Governor Lisa Cook

Trump launches new effort to oust Fed Governor Lisa Cook

Arts|Business|Economy|Education|Health|World

Trump's Medicaid cuts strip refugees and other legal immigrants of their health coverage

The Trump administration has cut Medicaid coverage for hundreds of thousands of legal immigrants, including refugees and trafficking victims

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Israeli strikes kill five people in Gaza, medics say

Israeli strikes killed at least five Palestinians in the Gaza Strip in two separate attacks on Saturday, health officials said.

Economy|Europe|Political

EU's Irish presidency wants 8% cut to proposed 2028-2034 budget plan

The Irish EU presidency proposed on Saturday an 8% cut in the European Commission's budget plan for the period 2028 to 2034 to €1.6

Business|Economy

The United Auto Workers tries to reassert political power in Michigan as it faces internal divisions

The United Auto Workers is working to regain political influence in closely contested Michigan

Economy|Europe|Political|US|World

Germany sticks to Russia sanctions after Trump announcement on diesel

Germany said on Saturday it would maintain sanctions against Russia over its war on Ukraine following US President Donald Trump's announcement that his administration had

Business|Economy|Finance

Want a high return on your savings without taking a lot of risk? Here’s how

Want a high return on your savings without taking a lot of risk? Here’s how

Business|Economy|Election|Lifestyle|Political

The midterm strategy driving Democrats deep into Trump country

On paper, Democrat Justin Pearson, a 31-year-old Tennessee state legislator, has little chance of winning the state's 9th

Economy|Europe|Political

Germany's firewall against the far-right AfD feels the heat

Chancellor Friedrich Merz's warning this week that extremism was entering Germany's parliamentary system was the latest in a series of

Arts|Business|Economy|Entertainment|Environment

Latino nonprofits start their own shops to make helping small businesses their business

Despite both a rise in costs and fears around immigration crackdowns, some Latinos are committing to championing other Latino entrepreneurs by offering access to a storefront

Business|Economy|Finance

China adds 10.52 million urban jobs in Jan-Sept, to roll out services jobs policy

China added 10.52 million urban jobs in the first nine months of the year, meeting 87.7% of its annual target, the labour ministry said on Saturday.

Economy|Environment|Science|Technology

The Latest: Hurricane Isaias makes landfall along the US Gulf Coast

Hurricane Isaias has been downgraded to a Category 2 hurricane, which still includes extremely dangerous winds and extensive damage

Business|Economy

Boosting US oil supplies with Russian diesel unlikely to have much impact on prices, experts say

A new pact that calls for Russia to boost the U.S. supply of diesel over the next few months is unlikely to make a dent in painfully high prices at the pump or elsewhere, energy policy experts say

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

Trump takes suit against Hillary Clinton over 2016 election to Supreme Court

President Donald Trump asked the US Supreme Court on Friday to revive his dismissed lawsuit against his 2016 Democratic rival Hillary Clinton accusing her of

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UAW President Shawn Fain declares victory in race for second term

United Auto Workers President Shawn Fain declared victory on Friday in a race to maintain his position as head of the 400,000-member union.

Business|Economy|Science|Technology

Amazon shuffles Alexa leadership following high-end tablet release

Amazon on Friday confirmed it was shuffling leadership in its Alexa division, a day after the company announced its first tablet computers featuring

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Kremlin says Putin in phone call with Trump downplays immediate Ukraine talks resumption

Russian President Vladimir Putin told US President Donald Trump on Friday that Kyiv had undermined the possibility of an immediate resumption of trilateral Ukraine peace

Economy|Political|World

Trump says Russia to supply diesel to US and global markets

President Donald Trump said on Friday that Russia had agreed to supply diesel to global markets in an effort to lower

Business|Economy|Finance|Stock Markets|US

Bank earnings, CPI headline busy markets week as S&P 500 hovers near records

Quarterly earnings reports from banks, along with inflation data and other economic releases next week, will offer US stock investors insight into the

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Justice Department won't enforce registration rules on silencers and certain guns after court ruling

The Justice Department has moved to allow more people to purchase firearm suppressors — known as silencers — short-barreled rifles and other certain guns without registering them with the federal government following a court ruling that struck down provisions of a key law

Business|Economy|Finance|Stock Markets|Technology

Wall Street finishes its record-setting week with gains

The U.S. stock market finished its record-setting week with gains, even as other financial markets remained indecisive

Arts|Economy|Entertainment|Finance|Science|Technology

Wall Street posts weekly gains with earnings, inflation data on tap

Wall Street ended higher on Friday as investors shifted their focus to next week, with third-quarter earnings season set to start and

Business|Economy

Port of Los Angeles sets September volume record, executive director says

The Port of Los Angeles, the busiest in the US for containers, set a volume record in September as holiday goods hit docks, ships were routed away from

Business|Economy|Science|Technology

Pennsylvania says GSK to invest more than $800 million in biopharma hub, create 300 jobs

GSK will invest more than $800 million to expand its Upper Merion, Pennsylvania site into a new biopharmaceutical manufacturing and research hub, creating more than 300 jobs over the

Arts|Business|Economy|Finance

Why a church parking lot could become your next home

Why a church parking lot could become your next home

Arts|Economy|Finance|Stock Markets|US

Stocks advance ahead of earnings, navigating still-high Treasury yields and oil prices

World stocks rose on Friday, with government bond yields and oil prices only incrementally higher, ahead of key economic

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Oil prices settle higher as more production shut ahead of hurricane

Oil prices settled higher on Friday as Hurricane Isaias churned toward the northern Gulf of Mexico and oil companies shut more than 70% of crude production in

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

Republicans once raced to embrace Trump. Their debate answers tell a different story now

Republican nominees for Senate, the U.S. House and governor’s offices across the country are sidestepping President Trump or openly distancing themselves as they debate Democratic opponents before Election Day

Arts|Business|Economy|Environment|Europe|Finance|Science|Technology|World

EU and China strike interim trade deal that could cut Chinese hybrid exports, EU envoy says

China and the European Union have reached a broad initial agreement to ease trade tensions

Arts|Economy|Environment

‘Zero tolerance for disruptions.’ Hurricane Isaias could mess with America’s refining nerve center

‘Zero tolerance for disruptions.’ Hurricane Isaias could mess with America’s refining nerve center

Business|Economy|Political

Fed's Cook lawyers say hearing will show no mortgage fraud case

Lawyers for Federal Reserve Governor Lisa Cook said on Friday that if a planned White House hearing on allegations against her is "anything close to objective," it will demonstrate

Business|Economy|Europe|Finance|World

Euro falls, set for fifth straight weekly drop as oil prices rise

The euro was poised for a fifth straight weekly drop on Friday, with early gains fading as oil prices erased earlier declines, but recent selling

Arts|Business|Crime|Economy|Europe|Finance|Interview|MidEast|Science|Technology|World

Friend of suspected FBI data thief says he warned 'crazy' teen not to hack bureau

A friend of the suspected thief of a massive cache of personal data from the FBI says he begged the teenager not to do it.

Business|Economy|Finance|Political|US

US Treasury's Bessent to skip IMF-World Bank meetings in Bangkok

US Treasury Secretary Scott Bessent will skip next week's annual meetings of the IMF and World Bank in Bangkok, Thailand, due to domestic engagements, a US

Business|Economy|Environment

Hurricane Isaias could nudge fuel prices higher if Gulf of Mexico refineries lose power

Hurricane Isaias is forecast to miss the oil industry’s biggest hubs along the Gulf Coast

Arts|Business|Economy|Finance|Opinion

Top Democrats and allies join the wealthiest to fight a California billionaire tax

A first-in-the-nation proposal in California to tax billionaires could test voters' appetite for levying a wealth tax on the ultra-rich

Business|Economy

EU says it agrees with China to halve hybrid vehicle exports to EU

The European Union and China have agreed to halve Chinese exports of hybrid and plug-in hybrid vehicles to the EU, improve EU access to China's market and ease Chinese 

Business|Economy|Finance|Travel

Delta expects higher fares and strong demand through the holiday season

Delta expects higher fares and strong demand through the holiday season

Arts|Business|Economy|Environment|Health

Hurricane Isaias strengthens as US Gulf Coast prepares for landfall

Hurricane Isaias strengthened on Thursday as it barreled toward the US Gulf Coast, prompting mandatory evacuations in parts of Florida and emergency declarations in

Business|Economy|Europe

China, EU strike deal to halve Chinese hybrid exports

China and the European Union have reached a deal that could cut Chinese exports of hybrid cars to the bloc by more than half, European Trade Commissioner Maros

Arts|Business|Economy|Environment|Technology|Travel

Delta warns of more airline capacity restraint as fuel shock hits profits

Delta Air Lines said on Friday that the industry may need to curb flight growth further next year to protect profitability, as

Arts|Business|Economy|Finance|World

Four signs it is about to get uglier in the bond market as yields rise

It is white-knuckle time in the bond market.

Business|Economy|Environment|Finance|Stock Markets|US|World

Tracking oil prices and US gas prices amid Iran conflict

Tracking oil prices and US gas prices amid Iran conflict

Economy|Finance

With midterms approaching, Americans’ confidence in the economy is in a tailspin

With midterms approaching, Americans’ confidence in the economy is in a tailspin

Arts|Economy|Entertainment|Lifestyle

Americans 75 and older are wealthiest age group, Fed survey finds

Bolstered by steady gains in the stock market, families headed by someone aged 75 or older are now America’s wealthiest, while the youngest families saw their wealth decline in the past three years, a government report released Friday said

Business|Economy|Finance

Canada's employment unexpectedly shrinks in September, jobless rate inches up

Canada's economy shed a net 68,300 jobs in September and the unemployment rate edged up, data showed on Friday, erasing all the employment gains recorded

Business|Economy|Europe

EU antitrust regulators to decide on UniCredit's Commerzbank deal by November 16

Italian bank UniCredit has sought EU antitrust approval for its takeover of German peer Commerzbank, with regulators setting a November 16 deadline for

Business|Economy|Finance

Trump's Fed ex-nominee Shelton to advise Bessent, Treasury says

US Treasury Secretary Scott Bessent has hired Judy Shelton, President Donald Trump's former pick for the Federal Reserve Board, as an adviser with a particular focus on China, the

Economy|Environment|Europe|Science

In parched Hungary, volunteers build their own dams to hold onto vanishing water

In a bone-dry valley in Hungary, forest workers and volunteers piled up terraces of logs and deadwood, hoping to catch any

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

How Texas landowners are fighting back against Trump's border wall

The Trump administration is pushing forward with a $46 billion border wall from the Pacific Ocean to the Gulf of Mexico

Economy|Environment|Science|Technology

Data centers make heat all year long – here’s how the ground can hold onto it until winter

Rocks deep underground can be used to hold heat until it’s needed.

Economy|Education|Health|Sports|World

Students from military families are often misunderstood in US public schools – a retired military officer and behavioral health expert explains what schools can do

Students from military families have specific experiences and needs that require support from their schools.

Arts|Business|Economy|Environment|Finance|World

US diesel prices remain high despite Trump's moves to boost supplies

US diesel prices remain at near-record highs, up 70% since the US-Israeli war on Iran began despite two recent moves by

Economy|Europe|Political

Polish parliamentary committee says central bank chief should face State Tribunal

A Polish parliamentary committee has recommended that central bank governor Adam Glapinski be brought before the State Tribunal to answer accusations of constitutional

Economy|Education|Europe

French student protesters vow to keep up their fight after scoring first win

French student unions vowed on Friday to keep up protests after scoring what they called their first win in a campaign that is

Arts|Economy|Finance

US equity funds witness first weekly outflow in three weeks

US equity funds recorded outflows in the week ended October 7, following two consecutive weeks of inflows, as investors locked in profits during a market rally amid concerns over

Business|Economy|Finance

Bonds, bombs and barricades

Could bond market pain be contagious?

Business|Economy|Health

Humana surges after topping 2027 Medicare star ratings

Humana's shares rose 15% on Friday after analysts named it the top beneficiary ​of the new star ratings for 2027 Medicare Advantage plans, marking a sharp

Business|Economy|Finance|World

China ramps up fiscal push to meet growth target

China allocated 550 billion yuan ($82 billion) in unused government debt quotas on Friday to support local government finances and expand infrastructure investment

Arts|Economy|Europe|MidEast|World

Carlyle drops out of race for Lukoil international assets

US private equity firm Carlyle Group said on Friday it was no longer actively pursuing a deal to acquire international assets of Russia's second-largest oil producer Lukoil,

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

Europe Inc heads for another quarter of strong profits, defying global gloom

Major European companies are expected to report substantially higher third-quarter earnings, defying a challenging backdrop in global markets as borrowing costs in some of the

Business|Economy|Europe|Finance|Stock Markets|Technology

European stocks eke out weekly gain as oil, yields ease; SpaceX spectrum deal hits telecoms

European stocks recovered on Friday as oil prices and bond yields eased on hopes of a pause in the Middle East war, while telecom stocks slid

Economy|Finance

Malaysia to lift minimum wages, expand tax relief in $112.5 billion 2027 spending boost

Malaysia will raise minimum wages and expand tax relief measures next year, as the government looks to address rising living costs

Arts|Economy|Finance|Sports|Technology

Waldron's expected rise stirs talk inside Goldman of knock-on succession plans

With Goldman Sachs COO John Waldron firmly viewed as David Solomon's likely successor as CEO in coming years, speculation is already building among staff

Arts|Economy|Environment|Finance|Science|Technology|World

New Trump rules will make it harder for farmers to access US funds for energy projects

President Donald Trump's looming changes to a rural energy program that has distributed billions of dollars in recent years will make it

Arts|Business|Economy|Election|Finance|US

Bipartisan majority of Americans blame Trump policies for rising costs, Reuters/Ipsos poll finds

Some 78% of Americans blame President Donald Trump's policies for rising prices that are outpacing their earnings,

Business|Economy|Environment|Technology|World

Tesla's China-made EV sales quicken in September

Tesla's China-made electric vehicle sales rose 5% from a year earlier in September, picking up from a 3.6% increase in August, as the company's sales rebound in Europe

Arts|Economy|Environment|Food|Science

Bigger US corn stocks fuel doubts about USDA livestock feeding data

The US Department of Agriculture on Friday is expected to lower its estimate of how much of last year's corn harvest was fed to livestock after it reported a

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

AI-related companies to drive most third-quarter US earnings gains 

US companies are likely to deliver another earnings surge for the third quarter, and like the rally in the stock market, AI-related players are

Arts|Business|Crime|Economy|Entertainment|Europe|Finance|MidEast|Technology

Trump envoy kept financial ties to firm behind $15 billion Hormuz-bypass oil pipeline plan

Thomas Barrack, a top US diplomat in the Middle East, advocated for a firm run by his business partner to take part in the development of an oil pipeline from

Business|Economy

If the Strait of Hormuz is open, why are gas and diesel so expensive?

If the Strait of Hormuz is open, why are gas and diesel so expensive?

Business|Economy|Finance

Money market funds attract massive inflows as bond selloff bit

Global money market funds drew strong inflows in the week ended October 7 as a global bond selloff, concerns over government debt levels in parts of Europe and lingering inflation

Economy|Environment|Science|Sports|Travel|World

One of the world’s wealthiest cities is enduring the world’s most polluted air. Here’s why

One of the world’s wealthiest cities is enduring the world’s most polluted air. Here’s why

Business|Economy|Europe|Finance|Sports

Everton up for sale after US owner says it is exploring investment options

Premier League club Everton is on the market again after U.S. owner the Friedkin Group announced it is exploring investment options and a potential sale

Business|Economy|Europe

Italy industrial output dives unexpectedly in August

Italian industrial output unexpectedly fell 1.3% in August from the previous month after a 0.6% rise in July, national statistics bureau ISTAT reported on Friday, a far weaker

Africa|Arts|Crime|Economy|Europe

South Africa withdraws asylum directive after anti-migrant violence

South Africa's Department of Home Affairs said on Friday it had withdrawn a directive allowing the intake of asylum applications, a day after anti-migrant protests

Business|Crime|Economy|Political|World

South Africa blames disinformation as anti-migrant protests turn violent

Anti-migrant protests in two South African cities including Johannesburg's Soweto township turned violent on Thursday, with the government blaming disinformation

Business|Economy|Finance|MidEast|World

World economic growth to slow to 2.6% in 2026, UN trade body says

Global economic growth will likely slow to 2.6% in 2026, down from 2.9% last year, as the energy shock from the crisis in the Middle East is putting the global economy to the test,

Business|Economy|Finance

Global watchdog urges authorities to close gaps in emergency funding for failing banks

The Financial Stability Board, the global body that monitors risks to the financial system, urged authorities on Friday to strengthen emergency funding arrangements for

Economy|Finance|Political

Kenya expects budget deficit to rise to 5.9% of GDP in 2027/28

Kenya's budget deficit is expected to rise to 5.9% of gross domestic product in the 2027/28 fiscal year from 5.5% in 2026/27, the finance ministry said on Friday.

Arts|Asia|Australia|Business|Economy|Europe|Finance|Stock Markets|Technology

Firmus $5 billion float failure deals blow to Australia's shrinking share market

The collapse of Nvidia-backed data centre operator Firmus' $5 billion IPO is a blow to Australia's capital markets which are already facing a shrinking pool

Arts|Business|Economy|Finance|Interview|Technology|World

Nearly 30 years after IMF rescue, Thailand faces new economic test

Ekniti Nitithanprapas was a young graduate student in the United States when Thailand devalued the baht in 1997, setting off the Asian financial crisis.

Asia|Business|Economy|Finance|World

China to resume October fuel exports after holiday pause, sources say

China is set to resume October refined fuel exports after a brief halt during its Golden Week holiday, four traders familiar with the matter

Economy|Finance|Interview

Indonesia's Danantara says it could step in during market selloffs if valuations attractive

Indonesia's sovereign fund said it would step into the local stock market in times of stress if it made investment sense, is cautiously buying

Arts|Business|Economy|Finance

Wealthy Gen Z collectors spend more on art than older buyers, report shows

Wealthy Gen Z collectors spend far more on fine art than purchasers from any other generation, according to a report published on Thursday by Art Basel and Swiss bank UBS.

Business|Economy|Environment|Finance

Soaring freight rates threaten Asia's appetite for US crude

Tanker freight rates soaring to record highs are putting US crude oil out of reach for Asian refiners, pushing them to seek alternatives from the Middle

Business|Economy|Finance|Stock Markets

US 10-year Treasury yield risks hitting 6% for first time since 2000, Pimco's Ivascyn tells FT

The benchmark 10-year US Treasury yield could rise to 6% for the first time since 2000 as high oil prices fuel inflation concerns and worries over the country's growing public debt,

Arts|Business|Economy|Finance

China's tax crackdown piles pressure on luxury brands as US spending falters 

China's tax crackdown on wealthy individuals has become the latest headache

Arts|Economy|Europe|MidEast|Science|Technology|World

Ukraine fortifies its filling stations against Russian attacks

Sand-filled blast barriers and concrete shelters are multiplying at filling stations in Ukraine in a push by retailers to fortify their networks as Russia

Business|Economy|Finance|Stock Markets

High-profile IPO listings that fell victim to market jitters in 2026

A string of high-profile IPOs have been abandoned, delayed or reworked in 2026 as investors demanded greater valuation discipline, testing hopes for a sustained revival in global

Economy|Election|Finance|Political|Stock Markets|US

Venezuela's Machado calls for elections by July, FT reports

Venezuelan opposition leader Maria Corina Machado called for elections next year and said there was "more than enough time" to prepare for a vote by July, the Financial Times