Today: October 15, 2026
Today: October 15, 2026

Economy

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

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

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

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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-

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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

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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