September payrolls rise just 29,000, unemployment climbs to 4.2% as hiring slows sharply
The weak jobs report cut expectations for further Fed rate hikes and sent stocks higher while easing pressure on the bond market.
Ft · +14 outlets
G7 agrees to release 100 million barrels of diesel and crude as fuel prices surge
The coordinated stockpile release aims to cool diesel prices amid wars in Europe and the Middle East, though the US export-ban threat remains a risk for Europe.
Ft · +14 outlets
Paramount and Warner Bros. Discovery merger clears final hurdles; combined firm to be named Skydance
David Ellison's $110 billion deal creates a new Hollywood giant and includes leadership changes at CNN and the co-CEO level.
CNBC · +12 outlets
US Treasury yields hit highest since 2002 as bond sell-off pressures markets
The rout has drawn in quant hedge funds betting on higher yields, while one options signal suggests the move may be nearing a top.
CNBC · +13 outlets
Tesla Q3 deliveries beat expectations, sending stock up about 5%
The beat came as Tesla's core autos business faces pressure from cheaper Chinese and European EV offerings.
CNBC · +14 outlets
Nike shares tumble after weak revenue outlook and plans for more layoffs
The retailer's turnaround is faltering as it forecasts a steep revenue drop and restructures its operating model.
CNBC · +14 outlets
Eurozone inflation hits three-year high of 3.8% on soaring energy costs
The higher-than-expected September reading complicates the ECB's policy path as energy prices climb.
Ft · +12 outlets
Anthropic targets mega-IPO before Thanksgiving, filing flags government risks
The listing would be a landmark test of investor appetite for frontier AI labs despite Anthropic's own warnings about existential risks.
Proactive financial news · +6 outlets
Wall Street rises near records as weak jobs data calms rattled bond market
Traders pared bets on an October Fed rate hike after the soft payrolls figure, though oil strength and elevated yields kept markets choppy.
The Sunday Guardian · +5 outlets
Lilly and Novo bet on amylin drugs to power next wave of obesity treatments
The drugmakers are developing amylin-based therapies as an additional biological lever beyond GLP-1s for obesity and diabetes.
CNBC · +13 outlets
Paramount names Mattel's departing CEO Ynon Kreiz as co-CEO amid WBD merger
Kreiz will run operations and receive a substantial signing bonus once the Warner Bros. Discovery deal closes.
Business Chief · +11 outlets
David Ellison asks CNN chief Mark Thompson to stay after Paramount-WBD deal
The request signals continuity plans for CNN as the merged company nears its close.
TheWrap · +13 outlets
Amazon warns data center moratoriums would have generational consequences
AWS CEO Matt Garman argued the US could lose its AI race, as governors split on the data center boom.
Business Insider · +11 outlets
AI drives Wall Street hiring surge for 'agent orchestration' engineers
Banks are redefining roles and paying up for engineers who can coordinate teams of specialized AI agents.
CNBC · +6 outlets
Rivian tops Q3 delivery expectations, reconfirms 2026 guidance
The EV maker posted a 46% year-over-year increase in third-quarter deliveries.
CNBC · +3 outlets
Ford fends off Hyundai to keep No. 3 US sales spot in third quarter
Ford reported a 6.6% year-over-year sales decline to 507,395 light-duty vehicles but held its ranking.
CNBC · +4 outlets
AI got smarter. The bills got harder to control
Ig · +2 outlets
Egan-Jones report warns AI could disrupt jobs, housing and the economy
The credit-ratings agency says screen-based job losses and housing market troubles are among the AI-related economic risks.
MarketWatch