Today: October 18, 2026
Today: October 18, 2026

Economy

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

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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

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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

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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