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

Economy

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

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

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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

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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

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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