Today: November 07, 2026
Today: November 07, 2026

Finance

Arts

Wall Street muscles higher despite more swings for AI stocks

U.S. stock indexes muscled higher following a shaky day of trading

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|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,

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

Arts|Finance

Japan's GPIF supporting global market liquidity, Mimura says

Japan's top currency diplomat Atsushi Mimura said on Wednesday the investment activities of the country's Government Pension Investment Fund (GPIF) are supporting the "

Uncategorized

European shares edge up after solid ASML results, healthcare gains

European shares notched slim gains on Wednesday after robust earnings from ASML reassured investors concerned about AI demand, while healthcare stocks

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

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

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

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

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

Business|Economy|Finance

Bonds, bombs and barricades

Could bond market pain be contagious?

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|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.

Business|Economy|World

Venezuela's president expects third-quarter growth after earthquake hit

Venezuela's economy is projected to expand 6.5% in the third quarter this year, acting President Delcy Rodriguez said on Thursday, highlighting recovery in both oil and non-

Arts

Trump discloses Nvidia stock trades as he prepares to honor CEO Huang

President Donald Trump bought as much as $1.6 million and sold as much as $1 million in Nvidia stock in August, according to his latest financial

Business|Economy|Finance|Technology

AI boom to fuel Australia inflation despite higher rates, ex-RBA official says

Australia's AI investment boom is likely to boost inflation in the near term as productivity benefits take longer to emerge, leaving the central bank with limited

Arts|Asia|Business|Economy|Europe|MidEast|Technology

BYD exec says biggest challenge to expansion is geopolitics

The number one challenge to expansion for BYD is geopolitics, Stella Li, BYD's ​executive vice president, said on Thursday, months after the Chinese company's chairman

Arts

General Dynamics taps insider Danny Deep as next CEO

General Dynamics on Wednesday said President Danny Deep would take over as CEO in January, succeeding longtime chief executive Phebe Novakovic.

Economy|Europe

Italy says EU has to weigh inflation when assessing budget deviations

European Union authorities should take rising inflation into account when assessing government deviation from budget goals, Economy Minister Giancarlo Giorgetti said, arguing

Business|Economy|Finance|Stock Markets|US

Storm brewing

As the US third-quarter earnings season gets set to kick off, Wall Street's S&P 500 joined the Nasdaq in setting a new record high on Tuesday - its first in about six

Business|Economy|Technology

FICO cuts workforce by 15% as part of AI-driven restructuring

Credit-scoring giant Fair Isaac, known as FICO, said on Tuesday it would trim about 15% of its workforce as part of a broader restructuring and AI integration, becoming the latest US

Economy

Japan considers another extra budget for disaster relief, Yomiuri says

Japan is considering compiling an extra budget focused on relief spending for reconstruction efforts after disasters such as earthquakes and heavy rain, the Yomiuri newspaper

Business|Economy|Finance

Wall Street is booming. Surging yields could shake things up

Wall Street is booming. Surging yields could shake things up

Business|Economy|Finance|Stock Markets|US

Wall Street profits soar to $45.9 billion in first half of 2026, report shows

Profits for the US securities industry totaled $45.9 billion in the first half of the year, putting it on track for a new annual record, according to a report released on Tuesday by

Business|Economy|Political|Technology|World

Vance says details of proposed Alaska LNG pipeline need to be worked out

US Vice President JD Vance said on Monday that a long-planned liquefied natural gas pipeline in Alaska was going to happen, but there were still some details that needed to be worked

Business|Finance|Technology

Pinterest taps Amazon veteran James Dibbo as CFO

Pinterest said on Monday it has appointed Amazon executive James Dibbo as its chief financial officer, effective October 26.

Business|Economy|Europe

Italy services growth slows in September as costs rise, PMI shows

Italy's service sector grew in September at the slowest pace in three months, a survey showed on Monday, as cost pressures intensified once again, driven by turmoil in the

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

Moderna to replace Warner Bros Discovery  on Nasdaq 100

Nasdaq said on Thursday that vaccine maker Moderna will replace Warner Bros. Discovery on the Nasdaq 100 index, effective October 9.  

Business|Economy|Sports

Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

Nike is deepening its restructuring under CEO Elliott Hill as its woes in China intensify, announcing a plan to cut more jobs and shake up its

Arts|Economy|Entertainment|Science|Technology

US mortgage rates jump by most in 4 years in latest week

The interest rate on the most common US home loan shot up by a quarter percentage point this week to the highest in almost three years on the back of surging government bond yields,

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Global stocks weather third-quarter AI, bond and crude maelstrom

Stock market investors might have been expected to run for the hills in the face of an extraordinary surge in global borrowing costs, currency interventions,

Business|Education|Entertainment|Sports

Northwestern University set to open new Ryan Field built for more than football

Northwestern University set to open new Ryan Field built for more than football

Business|Economy|Finance

BOJ's policy pivot opens scope for faster rate hikes

The Bank of Japan expects interest rate increases to happen faster and more regularly in future as it pre-empts risks of an inflation overshoot, sources said

Business|Education|Finance|Technology

Hedge fund CEO Ken Griffin donates $3 billion to Carnegie Mellon as part of his bet on Florida

Hedge fund CEO Ken Griffin donates $3 billion to Carnegie Mellon as part of his bet on Florida

Business|Economy

UK economy grew faster than thought in second quarter, cementing G7 lead

Britain's economy grew more quickly than previously thought in the second quarter, consolidating its position as the fastest-growing Group

Uncategorized

JPMorgan appoints Mark O'Donovan as head of human resources, memo says

JPMorgan Chase has appointed Mark O'Donovan as its head of human resources, effective January next year, succeeding Robin Leopold, CEO Jamie Dimon said in a memo seen by Reuters on

Business|Science|Technology

Visa joins growing alarm over AI-powered risks

Visa has open-sourced part of its AI-powered cyber defence system after "humbling" lessons from vulnerabilities exposed by AI models, as the payments giant

Business|Science|Technology

Anthropic says its AI models pose ‘existential risk to humanity’ in leaked IPO filing: report

Anthropic says its AI models pose ‘existential risk to humanity’ in leaked IPO filing: report

Arts|Business|Finance|Technology

Oura joins wave of IPO delays as markets turn shaky

Smart ring maker Oura postponed its U.S.

Finance

Brazil debt profile worsens as floating-rate share hits fresh high

Brazil's share of debt linked to the benchmark Selic rate jumped to 52.7% in August from 51.1% in July, Treasury data showed on Monday, extending a deterioration in the

Economy|Finance

Russia raises 2027 military spending by 27%, budget documents show

By Darya Korsunskaya MOSCOW, Sept 28 - Russia plans to spend 17.1 trillion roubles ($202.58 billion) on defence in 2027, around 27% more than the 13.5 trillion roubles originally budgeted and the

Business|Economy|Political

Australia posts budget deficit of $15.7 billion for 2025/26 financial year

Australia reported a final budget deficit of A$22.3 billion ($15.65 billion) for the year to June 2026, better than previously expected, as lower spending and stronger tax

Business|Economy|Finance|Stock Markets|Technology

Stablecoin firm Circle finance chief Fox-Geen to step down

Stablecoin giant Circle Internet Group said on Friday its chief financial officer, Jeremy Fox-Geen, plans to step down after more than five years in the role.

Business|Economy|Finance

A reprieve from rising oil prices helps US stocks finish the week higher

A cooldown in oil prices helped release some of the pressure that’s built up on Wall Street, and U.S. stocks closed out their first winning week in the last three

Arts|Economy|Europe

Canada July retail sales fall 0.7%; seen up 1.3% in August

Canadian monthly retail sales fell by 0.7% in July, marginally better than an average of analysts' expectations, primarily led by declines at general

Finance|Technology

BNP Paribas to keep sensitive data off public cloud despite Google deal

BNP Paribas will keep some sensitive customer data and critical operations off public cloud infrastructure even after signing a five-year cloud and AI partnership

Arts|Business|Economy|Environment|Technology|World

Diplomacy takes a back seat

A look at the day ahead in European and global markets from Rocky Swift With the effects of surging oil prices cascading through markets and supply chains, diplomatic efforts to settle simmering trade

Business|Economy|Finance|World

BOJ could raise rates every quarter, ex-policymaker says

The Bank of Japan is expected to raise interest rates roughly once every three months and push them up to 2% by around June next year to

Business|Finance|Technology|World

Microsoft plans $10 billion-plus Gulf investment with focus on resilience

Microsoft is planning to invest more than $10 billion across the United Arab Emirates, Saudi Arabia, Qatar and Kuwait between now and 2030, including in

Economy|Election|Finance

Morocco reports lower turnout in parliamentary elections

Morocco's interior ministry reported a lower turnout of 38.02% in the country's parliamentary election on Wednesday, down from 50% in the last vote in

Business|Economy|Finance

China central bank to inject more liquidity as Golden Week nears

China's central bank said on Wednesday that it would inject up to 1 trillion yuan ($149 billion) per day via short-term liquidity tools around the turn of the month as

Arts|Economy|Environment|Technology

Corporate finance chiefs lift inflation outlook, cite rates as concern - Fed survey

Company chief financial officers expect higher inflation this year and next, and have begun to cite rising interest rates as a top concern,

Africa|Asia|Australia|Business|Economy|Europe|Finance|Stock Markets|US|World

A$ gets a bit part as AI steals the show

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

Crime|Europe|MidEast|Political

Spain clears way for US extradition case against millionaire activist

Spain clears way for US extradition case against millionaire activist

Arts|Education|Entertainment|Finance|Food|Lifestyle|Science|Sports|Technology|US|World

Corporate bond buyers get picky with flood of AI debt

The market for highly rated corporate credit has split in two: bonds issued by AI-related firms are being met with caution, while those sold

Business|Science|Technology

Nvidia, QIA-backed Iambic Therapeutics files for US IPO as biotech boom rolls on

Drug developer Iambic Therapeutics, backed by chip giant Nvidia and Qatar's sovereign wealth fund, filed for a US initial public offering on Monday, bolstering a busy slate of

Business|Economy|Finance

S&P 500, Nasdaq advance, turning the page on a tumultuous week

Wall Street closed a volatile week on a muted note on Friday as benchmark US Treasury yields topped 5%, while crude prices reversed

Arts

Orion180 Insurance valued at $1.14 billion as shares fall in debut

Orion180 Insurance was valued at $1.14 billion after its shares fell in its Nasdaq debut on Friday, setting a cautious tone for other insurers

Economy|Europe|Political

Italy's debt burden rising at alarming rate, economy minister says

The cost of servicing Italy's public debt is rising at "an alarming rate" in the wake of geopolitical tensions, Economy Minister Giancarlo Giorgetti said on

Arts

Cross-border property investment jumped 56% in first half, data shows

Cross-border investment into commercial property globally jumped 56% to $71.8 billion in the first half of this year, driven by more deals in Asia and

Arts|Economy|Entertainment

Thailand to extend its consumer subsidy programme, PM says

Thailand will extend its consumer subsidy programme using 40 billion baht ($1.20 billion) remaining from the first phase, Prime Minister Anutin Charnvirakul said on Friday

Business|Economy|Finance

BOJ struggling to keep pace with hiking partners

A look at the day ahead in European and global markets from Tom Westbrook The Bank of Japan raised interest rates, as expected, though it knocked the yen by sounding a fraction less hawkish than its

Arts

Japan's central bank raises benchmark interest rate to 1.25%

Japan’s central bank has raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high

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

US stocks rally to their best day in 6 weeks after oil prices and bond yields ease

The U.S. stock market rallied to its best day in six weeks after oil prices fell and pressure from the bond market eased

Business|Economy|Finance|World

Why the Federal Reserve is lifting rates now, and what it means

About six weeks ago, Federal Reserve Chairman Kevin Warsh announced that a divided central bank was keeping its key interest rate unchanged

Business|Economy|Finance

Bank of England shifts tone toward rate hikes as inflation set to top 4%

The Bank of England kept interest rates on hold on Thursday but warned they might have to go up if the Iran war drags on, while predicting

Arts|Business|Economy|Entertainment|Finance

Struggling US home buyers, and market, face new hurdles as mortgage rates near 7%

Mortgage buyer Freddie Mac's latest snapshot of mortgage rates is due out later Thursday and expected to show that the average rate for a 30-year mortgage rose again this week, moving closer to 7%

Arts

European stocks rise after Fed hike as oil slips, yields stabilise

European shares rose on Thursday as lower oil prices and a pause in the global bond selloff lifted risk appetite after the US Federal Reserve

Business|Economy|Finance

South Africa's consumer confidence rises despite economic uncertainty, survey shows

South Africa's consumer confidence improved in the third quarter, a survey showed on Thursday, although consumer spending is expected to remain subdued in the coming months due to

Business|Election|Finance

Deep in Trump country, a revolt against corporate money could reshape political spending

More than 15 years after the U.S.

Economy

European shares hit three-month low as oil spike revives inflation and rate worries

European shares fell to three-month lows on Tuesday as rising oil prices and bond yields continued to dampen investors' risk appetite ahead of the U.S.

Business|Economy|Political

Saudi Arabia has shut a critical oil pipeline. Here’s why it matters for the global oil market

Saudi Arabia has shut a critical oil pipeline. Here’s why it matters for the global oil market