China and EU reach understanding to halve Chinese hybrid vehicle exports, averting trade conflict
The deal, framed by Brussels as proof that negotiation 'brings results', eases tariff tensions over Chinese-made hybrid cars entering Europe.
Ft · +7 outlets
Iran-backed Houthis attack Riyadh airport, killing three Saudis as airlines cut 124 flights
The deadly strikes on King Khalid International Airport mark a new escalation in the Iran war and add to volatility in oil and air travel.
Fortune · +6 outlets
Trump appoints committee to investigate statements by Fed governor Lisa Cook
The move escalates the administration's conflict with the central bank after the Supreme Court blocked Trump's earlier attempt to fire Cook.
CNBC · +12 outlets
SpaceX to buy nationwide spectrum license, hammering AT&T, Verizon and T-Mobile shares
The deal deepens Starlink's push into US telecom and threatens incumbent carriers' mobile ambitions.
CNBC · +6 outlets
OpenAI defends firing three safety researchers, denies retaliation for speaking out
OpenAI says the dismissals were over a 'significant breach of trust' rather than the researchers' warnings about AI risk, which they said had a chilling effect.
CNBC · +12 outlets
Starbucks explored takeover of Chipotle, FT reports, company says focused on turnaround
A potential restaurant megadeal would reconnect CEO Brian Niccol with Chipotle, which he previously led, though analysts see both pros and cons for investors.
CNBC · +13 outlets
Wall Street pitches AI data centers as major real estate bet as risks pile up
Firms are bringing AI data center investments to public markets even as political, liquidity and project risks grow; Kalshi traders see high odds of over 5,100
CNBC · +14 outlets
Delta cuts 2026 forecast on fuel surge, CEO says demand remains strong
The airline missed Wall Street estimates for the first time in two years as rising fuel costs tied to Middle East conflict pressure margins.
CNBC · +14 outlets
Americans' debt problems flash warning not seen since the Great Recession
Researchers found wealth disparities narrowed somewhat but the ability to meet debt payments deteriorated significantly.
CNBC · +14 outlets
NY Fed finds inflation in many everyday goods was entirely due to tariffs
Tariffs added 2.9 percentage points to inflation across 67 categories of goods by February 2026.
CNBC · +7 outlets
Netflix prepares layoffs affecting about 5% of staff ahead of Q3 results
The cuts come as the streaming giant faces pressure to sustain margins amid a changing content and advertising landscape.
The Next Web · +2 outlets
Pimco warns US 10-year Treasury yields risk hitting 6% for first time since 2000
The bond giant's investment chief says a further sharp rise in borrowing costs is feasible as investors unwind losing bets.
Ft · +13 outlets
Indian shares rise as TCS jumps on quarterly results, ending longest weekly losing streak in 25 years
TCS posted its weakest September-quarter growth in three years but margins held despite AI investments, leading an IT-led rebound in Indian equities.
Reuters · +14 outlets
S&P 500 and Nasdaq end lower as crude prices jump and chip stocks weigh
Rising bond yields and oil above $105 kept pressure on equities, with semis among the worst performers.
Reuters · +12 outlets
Bank of America warns stocks could fall meaningfully if Democrats sweep Congress
Chief equity strategist Michael Hartnett says rising odds of a Democratic midterm sweep pose a meaningful threat to risk appetite.
MarketWatch
OpenAI and Anthropic poach Trump officials as AI industry courts Washington
AI labs are hiring political operatives as frontier technology increasingly is treated as a national security issue, with Anthropic seeking a 'presidential enga
CNBC · +1 outlets
Hurricane Isaias disrupts US Gulf oil production, threatens refineries
The storm could tighten a fuel market already strained by wars in Eastern Europe and the Middle East.
CNBC
Bezos predicts three-day workweek and more single-income households thanks to AI
The Amazon founder argues AI productivity gains will create a labor shortage even as automation cuts roles.
Fortune