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

Economy

Business|Economy|Finance

Fed officials make case for rate hikes amid ongoing inflation concerns

By Ann Saphir and Michael S.

Economy|Finance|Technology

Nasdaq faces $2 trillion wipeout in October as AI spending fears deepen

More than $2 trillion in market value is set to be wiped from the tech-heavy Nasdaq 100

Business|Economy|Finance

Mexico economy beats forecasts in third quarter, cooling rate-cut pressure

Mexico's economy grew more than expected in the third quarter, preliminary data showed on Friday, suggesting growth in Latin America's second-

Business|Economy|Finance|Technology

Binance seeks to shore up confidence after record $6.3 billion heist

Binance, the world's biggest cryptocurrency exchange, worked on Friday to shore up public

Business|Economy|Finance|Technology

Intel on course for worst day ever, triggers global chip rout

Intel sank 30% on Friday and was headed for its biggest one-day decline ever, deepening a selloff in tech stocks as weakening PC demand and the soaring costs of

Business|Economy|Finance

Fed needs at least two more rate hikes, Logan says

The Federal Reserve needs to raise rates at least two more times to get inflation under control, Dallas Fed President Lorie Logan said on Friday, in some of the most

Business|Economy|Finance|Stock Markets|US

Exxon, Chevron profits beat forecasts, refining margins surge during wars

ExxonMobil and Chevron both beat analyst expectations for quarterly profit on Friday, as soaring refining margins increased earnings from their fuel-making

Arts|Economy

Bank of America sued over mandatory arbitration for employee disputes

Bank of America was sued by a fired financial adviser who accused the second-largest US bank of backing out of its commitment in a 2013 racial bias

Business|Economy|Technology

Wall Street closes sharply lower as AI cash burn fears spark tech selloff

US stocks tumbled on Friday, with the Nasdaq suffering its largest one-day percentage drop since June 5 following disappointing quarterly

Business|Economy|Finance

Colombia central bank holds rate, will shore up reserves with $2 billion

Colombia's central bank board voted by majority to hold its benchmark interest rate at 12.25% on Friday, amid estimates predicting

Arts|Economy|Europe|Food

Carney eyes June deal for Canada to become EU associate member as Trump reshapes alliances

Canadian Prime Minister Mark Carney says he expects to conclude negotiations with the European Union in June on an unprecedented partnership that would make Canada the bloc’s first “associate member.”

Business|Economy|Health|Science

US health department to remove broad black box warning from three estrogen patch products

The US health department on Friday approved the removal of the strictest "black box" warnings from the labels of three estradiol transdermal patches, the hormone therapies used to

Business|Economy|Political

Canada's budget deficit over first five months of 2026/27 almost halves to C$5.36 billion

Canada recorded a substantially lower C$5.36 billion ($3.84 billion) budget deficit for the first five months of the 2026/27 fiscal year as government revenues grew faster

Business|Economy|Sports

Vail Resorts' biggest investor backs company in fight with activist Oasis

Vail Resorts won support on Friday from its largest investor as it faces increasing pressure from activist Oasis Management to make operational

Business|Economy|Finance

CD&R explores deal to take payments processor Global Payments private, source says

US private equity CD&R is exploring a deal to take payments processor Global Payments private, according to a source familiar with the deal.

Business|Economy|Finance|Technology

Big Tech returns smallest share of cash to shareholders in 15 years, given AI spending

The biggest US technology companies generated record amounts of cash in the first nine months of 2026, yet returned the smallest share of it to

Business|Economy|Political|World

Rubio urges G20 cooperation amid rifts over wars in Ukraine, Middle East

US Secretary of State Marco Rubio urged fellow G20 foreign ministers on Friday to work together for greater geopolitical stability and economic prosperity,

Economy|Finance|Technology

Stocks fall on AI cash burn worries while bonds rally with oil

A sharp selloff in Wall Street's tech shares pushed MSCI's global index down 1.5% on Friday, sending investors to the safety of US

Economy|Europe|World

Dockworkers worldwide strike against arms shipments and to demand better working conditions

Dockworkers are staging strikes as part of an international campaign against arms shipments and to demand better working conditions

Economy|Environment|Science|Sports

For many, striped bass fishing is a way of life. But the iconic species could face collapse

Striped bass are in decline on the East Coast and fishermen and scientists are in a race to save the iconic sport fish

Crime|Economy|Finance|Technology|World

World’s largest crypto exchange hit by suspected North Korean hack in world’s largest heist

World’s largest crypto exchange hit by suspected North Korean hack in world’s largest heist

Business|Economy|Science|Technology|World

Fluor Corp among US firms vying for Kenya critical minerals project, minister says

Engineering giant Fluor Corp is among a group of mostly US investors vying to develop Kenya's Mrima Hill critical minerals deposit, after two Chinese

Business|Economy|Europe

German inflation slows more than expected in October

German inflation eased more than expected in October, the first month of a government fuel tax cut, as lower prices at the pump helped slow consumer price growth.

Business|Economy|Finance

General Dynamics lifts annual forecasts on robust Gulfstream, marine bookings

General Dynamics raised its 2026 revenue and profit forecasts on Friday after reporting stronger-than-expected third-quarter results, helped by robust demand for Gulfstream business

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

ExxonMobil and Chevron top Q3 estimates on higher prices and strong output

ExxonMobil and Chevron both reported better than expected quarterly results Friday as the oil majors benefited from higher prices and record production

Business|Economy

Canada’s economic break with the US in 5 charts

Canada’s economic break with the US in 5 charts

Economy|Political|World

Major anti-government protests sweep across Italy

Major anti-government protests sweep across Italy

Business|Economy|Finance|Stock Markets|Technology

Midterm US elections, earnings, jobs data loom for AI-wary stock market

US midterm elections, a heavy slate of corporate earnings and the monthly jobs report will further test stock investors next week, after a series of

Business|Crime|Economy|Finance|Technology

Gone in 20 minutes: How the biggest heist in crypto history unfolded

Hackers stole $6.3 billion from Binance, the world's biggest cryptocurrency exchange, in a record digital asset theft.

Business|Economy|Finance|Technology

Global equity funds draw inflows for a sixth straight week

Global equity funds saw substantial inflows in the week ended October 28, though at a slower pace, as a rebound in AI and chip stocks, led by South Korea’s SK Hynix after record

Economy|Europe|Political|World

China's Xi calls on EU to work with China, says Beijing handles ties with sincerity, goodwill

China hopes Germany can adhere to a "rational, pragmatic and friendly" China policy and that the European Union can work with China in the same direction, Chinese President

Business|Economy

German inflation cools on fuel tax cut, economy grows more than expected in Q3

German inflation slowed more than expected in October, the first month of a government fuel tax cut, adding to evidence that Europe's largest economy could

Business|Economy|Europe|Finance|MidEast

German inflation cools on fuel tax cut, economy grows more than expected in Q3

German inflation slowed more than expected in October, the first month of a government fuel tax cut, adding to evidence that Europe's largest economy could

Business|Economy|Finance

Sanofi teases appetite for larger deals, lifts 2026 growth targets under new CEO Garijo

French drugmaker Sanofi said on Friday it was prepared to pursue larger deals as it seeks to rebuild its basket of experimental drugs for future growth

Arts|Economy|Environment|Finance|Food|Science|Technology

Slower wage growth curbs US labor costs in third quarter

US labor costs increased moderately in the third quarter amid a slowdown in wage growth, suggesting that the labor market was unlikely to be an

Business|Economy|Finance

Uganda's inflation rises to 3-year high after currency slump

Uganda's inflation rate rose to a 3-year high of 5.8%, the country's statistics office said on Friday, a move that follows a sharp slump in its shilling currency in recent

Business|Economy|Finance

Canada's economy stalls again in August, likely lost ground in September

Canada's economy stalled in August for the second straight month as increases in the retail, manufacturing and construction sectors were largely offset

Economy|Science|Technology

Investors pull money from US equity funds ahead of earnings reports from AI hyperscalers

US equity funds recorded their first weekly outflows in three weeks in the week ended October 28, as investors grew cautious ahead of earnings from major AI hyperscalers amid

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Vote Republican, or else: How Trump is dangling government help on the campaign trail

President Donald Trump is signaling to states that his administration may be far less likely to help if their voters put Democrats in power on Election Day

Business|Economy|Opinion|Science

Are American voters actually gloomy about the economy, or is something else going on?

Many standard measures of economic health are strong, but voters in both parties are increasingly pessimistic.

Arts|Economy|Environment

Big Oil is raking in huge profits. Shareholders like Trump are cashing in. You’re paying for it with high gas prices.

Big Oil is raking in huge profits. Shareholders like Trump are cashing in. You’re paying for it with high gas prices.

Business|Economy|Finance|Science|Technology

Asia chip firms see strong AI demand; market jitters continue

Asian chip supply chain companies said on Friday that AI-related demand remained strong, while investor concerns persisted over whether

Economy|Finance|Stock Markets|US

US fiscal deterioration main headache for investors as midterms loom

The United States' deteriorating fiscal picture has been a nagging worry for investors, who see no easy solutions however

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When US midterm results are contested, Congress has final say

Some of Tuesday’s US midterm races may take weeks to clear recounts and court challenges, but ultimately the Senate and House of Representatives decide

Arts|Economy|Europe|World

China's Xi, Swiss president praise trade deal that boosts access

Chinese President Xi Jinping and Swiss President Guy Parmelin hailed an upgraded trade agreement between the two countries on Friday, which bucks a broader global shift

Arts|Economy|Europe|Finance|MidEast|World

Europe's economy brushes off energy shock from Iran war, shows moderate growth in Q3

Europe’s economy persevered with moderate growth in the third quarter despite higher oil prices from the US-Iran war, as gross domestic product increased by 0.4% over the quarter before

Business|Economy|Finance

New economic data challenges Fed chief's not-too-hot perspective

New data may challenge Federal Reserve Chairman Kevin Warsh's sense that the US economy can handle a robust expansion without stoking inflation, as a

Business|Economy|Finance|Stock Markets|US

ExxonMobil beats third-quarter profit estimates on refining boom

ExxonMobil beat Wall Street expectations for third-quarter profit on Friday, as soaring refining margins driven by the US-Israeli war on Iran and Ukrainian

Business|Economy

Trump touted a record Venezuela oil deal. Now reality is setting in

President Donald Trump called it the biggest oil deal in history: 17 Venezuelan oilfields holding