Archive snapshot · Business
Sat, Oct 10, 8:02 PM ET
Missile strike on Riyadh airport kills 12 and wounds over 300, deadliest attack in a Gulf Arab state in the Iran war
The attack, attributed to Iran-backed Houthi rebels, marks the deadliest strike in any Gulf Arab country since the Iran war began.
Fortune · +7 outlets
Trump says he is weighing whether the US should join Saudi Arabia's fight against Houthi rebels in Yemen
The US president said a decision could come quickly after fresh attacks on Riyadh.
Fortune · +11 outlets
Wall St Week Ahead: bank earnings and CPI headline busy markets week as S&P 500 hovers near records
Major bank results and US inflation data will test a market trading near all-time highs amid surging yields.
Reuters · +11 outlets
Surging yields erase $270 billion in bank value as Wall Street braces for Q3 earnings test
Rising interest rates are pressuring bank shares even as some analysts see a buying opportunity ahead of results.
BigGo Finance · +3 outlets
CBO chief warns strong growth alone likely cannot steady US debt, with 5%-6% needed versus Bessent's 3% view
The CBO director said closing the fiscal gap may require politically difficult changes to revenues and spending.
Fortune · +2 outlets
Nvidia in talks to acquire US open-model start-up Reflection AI
The Trump administration hopes the deal would help the company rival cheap Chinese alternatives such as DeepSeek.
Ft · +12 outlets
Netflix prepares layoffs affecting about 5% of staff, roughly 850 jobs, ahead of Q3 results
The cuts come as co-CEO Ted Sarandos has said the company is not growing as fast as it once did.
The Next Web · +10 outlets
Microsoft's Nadella says AI needs an emergency brake that humans control and that firms should assume models are compromised
The Microsoft CEO joined other tech leaders calling for stronger safeguards and, in some cases, slower frontier development.
CNBC · +14 outlets
AI borrowing slows as investors grow wary of the debt binge behind the infrastructure boom
Appetite for financing AI build-out is being tested after months of record-breaking bond issuance.
Ft · +5 outlets
Delta Air Lines cuts 2026 forecast on fuel surge, but CEO says demand remains strong
The airline missed Wall Street estimates for the first time in two years as fuel costs climbed.
CNBC · +11 outlets
Verizon posts worst day since 2002 as SpaceX US network plans drag down cell carrier stocks
SpaceX announced a spectrum deal as it pushes deeper into telecom through its Starlink service.
CNBC · +1 outlets
Trump's diesel deal with Putin accused of contradicting Russia sanctions law as Zelensky pushes back
The US agreed to buy over 300,000 tons of Russian diesel, a move experts say is unlikely to ease pump prices.
CNBC · +14 outlets
US warns Kyiv that strikes on Russia jeopardise intelligence-sharing, as Trump suggests Zelenskyy be replaced
Tensions rise after Ukraine's leader criticised a US diesel deal with Moscow.
Ft · +6 outlets
India's central bank tries to shore up rupee as it nears record lows
Rising energy costs from the Iran war are putting downward pressure on the currency of the world's fastest-growing major economy.
Ft · +13 outlets
Americans' debt problems flash a warning not seen since the Great Recession
Researchers found the ability to meet debt payments has deteriorated significantly even as wealth disparities narrowed somewhat.
CNBC · +14 outlets
Starbucks exploring possible acquisition of Chipotle, report says
The reported move would combine two major US restaurant chains under one owner.
Scripps News · +13 outlets
Treasury's Bessent hires Trump's controversial former Fed pick Judy Shelton as advisor
Shelton's economic ideas previously led the Senate to block her nomination to the Federal Reserve.
CNBC · +1 outlets
Trump appoints committee to investigate statements by the Fed's Lisa Cook, escalating his bid to fire her
The move follows a Supreme Court ruling and could affect Jerome Powell, central bank independence and interest rates.
CNBC

‹ back to this front page