LA Post: Latest business news and finance headlines

Trump takes suit against Hillary Clinton over 2016 election to Supreme Court

President Donald Trump asked the US Supreme Court on Friday to revive his dismissed lawsuit against his 2016 Democratic rival Hillary Clinton accusing her of

October 10, 2026

Business|Economy|Political

UAW President Shawn Fain declares victory in race for second term

United Auto Workers President Shawn Fain declared victory on Friday in a race to maintain his position as head of the 400,000-member union.

October 10, 2026

Business|Economy|Science|Technology

Amazon shuffles Alexa leadership following high-end tablet release

Amazon on Friday confirmed it was shuffling leadership in its Alexa division, a day after the company announced its first tablet computers featuring

October 10, 2026

Business|Economy|Political|World

Kremlin says Putin in phone call with Trump downplays immediate Ukraine talks resumption

Russian President Vladimir Putin told US President Donald Trump on Friday that Kyiv had undermined the possibility of an immediate resumption of trilateral Ukraine peace

October 10, 2026

Economy|Political|World

Trump says Russia to supply diesel to US and global markets

President Donald Trump said on Friday that Russia had agreed to supply diesel to global markets in an effort to lower

October 09, 2026

Business|Economy|Finance|Stock Markets|US

Bank earnings, CPI headline busy markets week as S&P 500 hovers near records

Quarterly earnings reports from banks, along with inflation data and other economic releases next week, will offer US stock investors insight into the

October 09, 2026

Justice Department won't enforce registration rules on silencers and certain guns after court ruling

The Justice Department has moved to allow more people to purchase firearm suppressors — known as silencers — short-barreled rifles and other certain guns without registering them with the federal government following a court ruling that struck down provisions of a key law

October 10, 2026

Business|Economy|Finance|Stock Markets|Technology

Wall Street finishes its record-setting week with gains

The U.S. stock market finished its record-setting week with gains, even as other financial markets remained indecisive

October 09, 2026

Wall Street posts weekly gains with earnings, inflation data on tap

Wall Street ended higher on Friday as investors shifted their focus to next week, with third-quarter earnings season set to start and

October 09, 2026

Business|Economy

Port of Los Angeles sets September volume record, executive director says

The Port of Los Angeles, the busiest in the US for containers, set a volume record in September as holiday goods hit docks, ships were routed away from

October 10, 2026

Business|Economy|Science|Technology

Pennsylvania says GSK to invest more than $800 million in biopharma hub, create 300 jobs

GSK will invest more than $800 million to expand its Upper Merion, Pennsylvania site into a new biopharmaceutical manufacturing and research hub, creating more than 300 jobs over the

October 10, 2026

Arts|Business|Economy|Finance

Why a church parking lot could become your next home

October 09, 2026

Arts|Economy|Finance|Stock Markets|US

Stocks advance ahead of earnings, navigating still-high Treasury yields and oil prices

World stocks rose on Friday, with government bond yields and oil prices only incrementally higher, ahead of key economic

October 09, 2026

Oil prices settle higher as more production shut ahead of hurricane

Oil prices settled higher on Friday as Hurricane Isaias churned toward the northern Gulf of Mexico and oil companies shut more than 70% of crude production in

October 09, 2026

Republicans once raced to embrace Trump. Their debate answers tell a different story now

Republican nominees for Senate, the U.S. House and governor’s offices across the country are sidestepping President Trump or openly distancing themselves as they debate Democratic opponents before Election Day

October 09, 2026

EU and China strike interim trade deal that could cut Chinese hybrid exports, EU envoy says

China and the European Union have reached a broad initial agreement to ease trade tensions

October 09, 2026

Arts|Economy|Environment

‘Zero tolerance for disruptions.’ Hurricane Isaias could mess with America’s refining nerve center

October 10, 2026

Business|Economy|Political

Fed's Cook lawyers say hearing will show no mortgage fraud case

Lawyers for Federal Reserve Governor Lisa Cook said on Friday that if a planned White House hearing on allegations against her is "anything close to objective," it will demonstrate

October 09, 2026

Business|Economy|Europe|Finance|World

Euro falls, set for fifth straight weekly drop as oil prices rise

The euro was poised for a fifth straight weekly drop on Friday, with early gains fading as oil prices erased earlier declines, but recent selling

October 09, 2026

Friend of suspected FBI data thief says he warned 'crazy' teen not to hack bureau

A friend of the suspected thief of a massive cache of personal data from the FBI says he begged the teenager not to do it.

October 09, 2026

Business|Economy|Finance|Political|US

US Treasury's Bessent to skip IMF-World Bank meetings in Bangkok

US Treasury Secretary Scott Bessent will skip next week's annual meetings of the IMF and World Bank in Bangkok, Thailand, due to domestic engagements, a US

October 09, 2026

Business|Economy|Environment

Hurricane Isaias could nudge fuel prices higher if Gulf of Mexico refineries lose power

Hurricane Isaias is forecast to miss the oil industry’s biggest hubs along the Gulf Coast

October 09, 2026

Arts|Business|Economy|Finance|Opinion

Top Democrats and allies join the wealthiest to fight a California billionaire tax

A first-in-the-nation proposal in California to tax billionaires could test voters' appetite for levying a wealth tax on the ultra-rich

October 09, 2026

Business|Economy

EU says it agrees with China to halve hybrid vehicle exports to EU

The European Union and China have agreed to halve Chinese exports of hybrid and plug-in hybrid vehicles to the EU, improve EU access to China's market and ease Chinese

October 09, 2026

Business|Economy|Finance|Travel

Delta expects higher fares and strong demand through the holiday season

October 09, 2026

Arts|Business|Economy|Environment|Health

Hurricane Isaias strengthens as US Gulf Coast prepares for landfall

Hurricane Isaias strengthened on Thursday as it barreled toward the US Gulf Coast, prompting mandatory evacuations in parts of Florida and emergency declarations in

October 08, 2026

Business|Economy|Europe

China, EU strike deal to halve Chinese hybrid exports

China and the European Union have reached a deal that could cut Chinese exports of hybrid cars to the bloc by more than half, European Trade Commissioner Maros

October 09, 2026

Delta warns of more airline capacity restraint as fuel shock hits profits

Delta Air Lines said on Friday that the industry may need to curb flight growth further next year to protect profitability, as

October 09, 2026

Arts|Business|Economy|Finance|World

Four signs it is about to get uglier in the bond market as yields rise

It is white-knuckle time in the bond market.

October 09, 2026

Tracking oil prices and US gas prices amid Iran conflict

March 09, 2026

Economy|Finance

With midterms approaching, Americans’ confidence in the economy is in a tailspin

October 09, 2026

Arts|Economy|Entertainment|Lifestyle

Americans 75 and older are wealthiest age group, Fed survey finds

Bolstered by steady gains in the stock market, families headed by someone aged 75 or older are now America’s wealthiest, while the youngest families saw their wealth decline in the past three years, a government report released Friday said

October 09, 2026

Business|Economy|Finance

Canada's employment unexpectedly shrinks in September, jobless rate inches up

Canada's economy shed a net 68,300 jobs in September and the unemployment rate edged up, data showed on Friday, erasing all the employment gains recorded

October 09, 2026

Business|Economy|Europe

EU antitrust regulators to decide on UniCredit's Commerzbank deal by November 16

Italian bank UniCredit has sought EU antitrust approval for its takeover of German peer Commerzbank, with regulators setting a November 16 deadline for

October 09, 2026

Business|Economy|Finance

Trump's Fed ex-nominee Shelton to advise Bessent, Treasury says

US Treasury Secretary Scott Bessent has hired Judy Shelton, President Donald Trump's former pick for the Federal Reserve Board, as an adviser with a particular focus on China, the

October 09, 2026

Economy|Environment|Europe|Science

In parched Hungary, volunteers build their own dams to hold onto vanishing water

In a bone-dry valley in Hungary, forest workers and volunteers piled up terraces of logs and deadwood, hoping to catch any

October 09, 2026

How Texas landowners are fighting back against Trump's border wall

The Trump administration is pushing forward with a $46 billion border wall from the Pacific Ocean to the Gulf of Mexico

October 09, 2026

Economy|Environment|Science|Technology

Data centers make heat all year long – here’s how the ground can hold onto it until winter

Rocks deep underground can be used to hold heat until it’s needed.

October 09, 2026

Economy|Education|Health|Sports|World

Students from military families are often misunderstood in US public schools – a retired military officer and behavioral health expert explains what schools can do

Students from military families have specific experiences and needs that require support from their schools.

October 09, 2026

US diesel prices remain high despite Trump's moves to boost supplies

US diesel prices remain at near-record highs, up 70% since the US-Israeli war on Iran began despite two recent moves by

October 09, 2026

Economy|Europe|Political

Polish parliamentary committee says central bank chief should face State Tribunal

A Polish parliamentary committee has recommended that central bank governor Adam Glapinski be brought before the State Tribunal to answer accusations of constitutional

October 09, 2026

Economy|Education|Europe

French student protesters vow to keep up their fight after scoring first win

French student unions vowed on Friday to keep up protests after scoring what they called their first win in a campaign that is

October 09, 2026

Arts|Economy|Finance

US equity funds witness first weekly outflow in three weeks

US equity funds recorded outflows in the week ended October 7, following two consecutive weeks of inflows, as investors locked in profits during a market rally amid concerns over

October 09, 2026

Business|Economy|Finance

Bonds, bombs and barricades

Could bond market pain be contagious?

October 09, 2026

Business|Economy|Health

Humana surges after topping 2027 Medicare star ratings

Humana's shares rose 15% on Friday after analysts named it the top beneficiary of the new star ratings for 2027 Medicare Advantage plans, marking a sharp

October 09, 2026

Business|Economy|Finance|World

China ramps up fiscal push to meet growth target

China allocated 550 billion yuan ($82 billion) in unused government debt quotas on Friday to support local government finances and expand infrastructure investment

October 09, 2026

Arts|Economy|Europe|MidEast|World

Carlyle drops out of race for Lukoil international assets

US private equity firm Carlyle Group said on Friday it was no longer actively pursuing a deal to acquire international assets of Russia's second-largest oil producer Lukoil,

October 09, 2026

Europe Inc heads for another quarter of strong profits, defying global gloom

Major European companies are expected to report substantially higher third-quarter earnings, defying a challenging backdrop in global markets as borrowing costs in some of the

October 09, 2026

European stocks eke out weekly gain as oil, yields ease; SpaceX spectrum deal hits telecoms

European stocks recovered on Friday as oil prices and bond yields eased on hopes of a pause in the Middle East war, while telecom stocks slid

October 09, 2026

Economy|Finance

Malaysia to lift minimum wages, expand tax relief in $112.5 billion 2027 spending boost

Malaysia will raise minimum wages and expand tax relief measures next year, as the government looks to address rising living costs

October 09, 2026

Arts|Economy|Finance|Sports|Technology

Waldron's expected rise stirs talk inside Goldman of knock-on succession plans

With Goldman Sachs COO John Waldron firmly viewed as David Solomon's likely successor as CEO in coming years, speculation is already building among staff

October 09, 2026

New Trump rules will make it harder for farmers to access US funds for energy projects

President Donald Trump's looming changes to a rural energy program that has distributed billions of dollars in recent years will make it

October 09, 2026

Bipartisan majority of Americans blame Trump policies for rising costs, Reuters/Ipsos poll finds

Some 78% of Americans blame President Donald Trump's policies for rising prices that are outpacing their earnings,

October 09, 2026

Business|Economy|Environment|Technology|World

Tesla's China-made EV sales quicken in September

Tesla's China-made electric vehicle sales rose 5% from a year earlier in September, picking up from a 3.6% increase in August, as the company's sales rebound in Europe

October 09, 2026

Arts|Economy|Environment|Food|Science

Bigger US corn stocks fuel doubts about USDA livestock feeding data

The US Department of Agriculture on Friday is expected to lower its estimate of how much of last year's corn harvest was fed to livestock after it reported a

October 09, 2026

AI-related companies to drive most third-quarter US earnings gains

US companies are likely to deliver another earnings surge for the third quarter, and like the rally in the stock market, AI-related players are

October 09, 2026

Trump envoy kept financial ties to firm behind $15 billion Hormuz-bypass oil pipeline plan

Thomas Barrack, a top US diplomat in the Middle East, advocated for a firm run by his business partner to take part in the development of an oil pipeline from

October 09, 2026

Business|Economy

If the Strait of Hormuz is open, why are gas and diesel so expensive?

October 09, 2026

Business|Economy|Finance

Money market funds attract massive inflows as bond selloff bit

Global money market funds drew strong inflows in the week ended October 7 as a global bond selloff, concerns over government debt levels in parts of Europe and lingering inflation

October 09, 2026

One of the world’s wealthiest cities is enduring the world’s most polluted air. Here’s why

October 09, 2026

Business|Economy|Europe|Finance|Sports

Everton up for sale after US owner says it is exploring investment options

Premier League club Everton is on the market again after U.S. owner the Friedkin Group announced it is exploring investment options and a potential sale

October 09, 2026

Business|Economy|Europe

Italy industrial output dives unexpectedly in August

Italian industrial output unexpectedly fell 1.3% in August from the previous month after a 0.6% rise in July, national statistics bureau ISTAT reported on Friday, a far weaker

October 09, 2026

Africa|Arts|Crime|Economy|Europe

South Africa withdraws asylum directive after anti-migrant violence

South Africa's Department of Home Affairs said on Friday it had withdrawn a directive allowing the intake of asylum applications, a day after anti-migrant protests

October 09, 2026

Business|Crime|Economy|Political|World

South Africa blames disinformation as anti-migrant protests turn violent

Anti-migrant protests in two South African cities including Johannesburg's Soweto township turned violent on Thursday, with the government blaming disinformation

October 08, 2026

Business|Economy|Finance|MidEast|World

World economic growth to slow to 2.6% in 2026, UN trade body says

Global economic growth will likely slow to 2.6% in 2026, down from 2.9% last year, as the energy shock from the crisis in the Middle East is putting the global economy to the test,

October 09, 2026

Business|Economy|Finance

Global watchdog urges authorities to close gaps in emergency funding for failing banks

The Financial Stability Board, the global body that monitors risks to the financial system, urged authorities on Friday to strengthen emergency funding arrangements for

October 09, 2026

Economy|Finance|Political

Kenya expects budget deficit to rise to 5.9% of GDP in 2027/28

Kenya's budget deficit is expected to rise to 5.9% of gross domestic product in the 2027/28 fiscal year from 5.5% in 2026/27, the finance ministry said on Friday.

October 09, 2026

Firmus $5 billion float failure deals blow to Australia's shrinking share market

The collapse of Nvidia-backed data centre operator Firmus' $5 billion IPO is a blow to Australia's capital markets which are already facing a shrinking pool

October 09, 2026

Nearly 30 years after IMF rescue, Thailand faces new economic test

Ekniti Nitithanprapas was a young graduate student in the United States when Thailand devalued the baht in 1997, setting off the Asian financial crisis.

October 09, 2026

Asia|Business|Economy|Finance|World

China to resume October fuel exports after holiday pause, sources say

China is set to resume October refined fuel exports after a brief halt during its Golden Week holiday, four traders familiar with the matter

October 09, 2026

Economy|Finance|Interview

Indonesia's Danantara says it could step in during market selloffs if valuations attractive

Indonesia's sovereign fund said it would step into the local stock market in times of stress if it made investment sense, is cautiously buying

October 09, 2026

Arts|Business|Economy|Finance

Wealthy Gen Z collectors spend more on art than older buyers, report shows

Wealthy Gen Z collectors spend far more on fine art than purchasers from any other generation, according to a report published on Thursday by Art Basel and Swiss bank UBS.

October 08, 2026

Business|Economy|Environment|Finance

Soaring freight rates threaten Asia's appetite for US crude

Tanker freight rates soaring to record highs are putting US crude oil out of reach for Asian refiners, pushing them to seek alternatives from the Middle

October 09, 2026

Business|Economy|Finance|Stock Markets

US 10-year Treasury yield risks hitting 6% for first time since 2000, Pimco's Ivascyn tells FT

The benchmark 10-year US Treasury yield could rise to 6% for the first time since 2000 as high oil prices fuel inflation concerns and worries over the country's growing public debt,

October 09, 2026

Arts|Business|Economy|Finance

China's tax crackdown piles pressure on luxury brands as US spending falters

China's tax crackdown on wealthy individuals has become the latest headache

October 09, 2026

Ukraine fortifies its filling stations against Russian attacks

Sand-filled blast barriers and concrete shelters are multiplying at filling stations in Ukraine in a push by retailers to fortify their networks as Russia

October 09, 2026

Business|Economy|Finance|Stock Markets

High-profile IPO listings that fell victim to market jitters in 2026

A string of high-profile IPOs have been abandoned, delayed or reworked in 2026 as investors demanded greater valuation discipline, testing hopes for a sustained revival in global

October 09, 2026

Venezuela's Machado calls for elections by July, FT reports

Venezuelan opposition leader Maria Corina Machado called for elections next year and said there was "more than enough time" to prepare for a vote by July, the Financial Times

October 09, 2026

Asia|Business|Economy|Finance|MidEast

Singapore poised to tighten monetary policy amid strong growth and rising inflation risks

Singapore is expected to tighten monetary policy at a scheduled review on Wednesday as robust growth and inflation risks bolster the case

October 09, 2026

Business|Economy|Political

Japan PM vows to keep watching yen, inflation moves carefully

Japanese Prime Minister Sanae Takaichi said on Friday the government will continue to scrutinise exchange-rate and price developments carefully, and respond appropriately.

October 09, 2026

Explosions heard in Saudi capital and Riyadh airport, and other Mideast developments

Explosions have been heard in Saudi Arabia's capital and at the Riyadh airport where flights were halted

October 08, 2026

Arts|Business|Economy|Finance

Japanese annual household spending drops for 9 straight months

Japanese household spending fell less than expected in August from a year earlier, government data showed on Friday, for a ninth straight month of decline.

October 09, 2026

Business|Economy|Political

Japan reboots DOGE-style spending review in hunt for funds for Takaichi pledges

Japan's government said on Friday it would reboot its spending review, widening scrutiny of tens of billions of dollars in public funds

October 09, 2026

Business|Economy|Finance

Starbucks declines comment on Chipotle takeover report, says laser focused on turnaround

Starbucks on Thursday declined to comment on a report that it had explored a takeover of Chipotle Mexican Grill,

October 08, 2026

Business|Economy|Political|Science|Technology

RTX's Raytheon wins up to $6.3 billion US missile contract

RTX's Raytheon said on Thursday it won a multi-year US military contract worth up to $6.3 billion to produce and sustain Standard Missile-3 Block IB interceptors, as the Pentagon

October 09, 2026

Economy|Political|World

Kremlin: Russia agrees with Rubio that Ukraine conflict is in a stalemate

Kremlin spokesman Dmitry Peskov was quoted as saying on Thursday that Russia agreed with US Secretary of State Marco Rubio that the Ukraine conflict was in a stalemate.

October 09, 2026

Business|Economy|Finance

What to know about Trump Accounts and automatic enrollment

Your child may be enrolled in a “Trump Account” whether you realize it or not

October 09, 2026

Federal budget deficit climbs to $2 trillion as fiscal jitters multiply

October 09, 2026

Economy|US|World

Trump says comment that Iran could 'take out' Los Angeles was misinterpreted

US President Donald Trump on Thursday said comments he made that Iran could "take out" California cities had been misinterpreted and that he was instead referring to the need for

October 09, 2026

Arts|Economy|Finance|World

Brazil finance minister calls Bolsonaro trade a 'hollow illusion'

Brazil's Finance Minister Dario Durigan on Thursday dismissed market enthusiasm over the prospect of a Flavio Bolsonaro presidency as a "cheap, hollow illusion," after

October 09, 2026

Economy|Political|Science|Technology

Trump honors Microsoft’s CEO after Vance drops an H-1B visa hammer on the company

President Donald Trump celebrated tech billionaires such as Microsoft CEO Satya Nadella at an event with arguably awkward timing

October 08, 2026

Business|Economy|World

Venezuela's president expects third-quarter growth after earthquake hit

Venezuela's economy is projected to expand 6.5% in the third quarter this year, acting President Delcy Rodriguez said on Thursday, highlighting recovery in both oil and non-

October 09, 2026

S&P 500, Nasdaq end lower as crude prices jump, chip stocks weigh

US stocks dipped on Thursday as crude prices surged on a spike in Middle East tensions and a cut in US output that stoked inflation

October 08, 2026

Economy|Europe|Political

EU exec rejects Greek, Italian requests for more fiscal rules flexibility

The European Commission pushed back on Thursday against Italian and Greek requests to grant euro zone governments more fiscal leeway related to higher inflation caused by

October 09, 2026

Economy|Technology

The skilled foreign tech workers' green card program under attack from Trump

The US government said on Thursday it is suspending some of the world's biggest tech and IT firms including Microsoft, Cognizant and

October 09, 2026

Business|Economy|Education|Technology

Trump administration freezes green cards for Microsoft, IT firms, probes universities

The US suspended Microsoft, major IT outsourcers and software maker Adobe from a key green-card program on Thursday while opening probes

October 08, 2026

Arts|Economy|Environment

A week after flood, Omaha residents continue clean up, seek aid

October 09, 2026

Business|Economy|Finance|Stock Markets|US

US bonds rally after 30-year auction finds solid demand

US Treasuries rose on Thursday, with most yields across the curve falling for just the second time this week, after a 30-year bond auction met

October 08, 2026

Economy

US imposes fresh sanctions on Iran's shadow fleet

The US imposed fresh sanctions on Iran on Thursday, targeting individuals, networks and 17 vessels for transporting Iranian crude

October 08, 2026

Arts|Business|Economy|Finance|World

Colombia faces hurdles to meet IMF commitments under possible lending deal

Colombia would face major hurdles in meeting any commitments it makes under a prospective agreement with the International Monetary Fund, from which it is

October 08, 2026

Business|Economy

Airbus confirms 72 jet deliveries in September

Airbus delivered 72 planes in September, the planemaker said on Thursday, bringing nine-month deliveries to 547 aircraft, up 8% from the same point last year.

October 08, 2026

Oil rises 4% on revived Middle East worries, Hurricane Isaias supply disruption

Oil prices settled 4% higher on Thursday on revived concerns about the ongoing war in the Middle East and growing supply disruptions due to a hurricane

October 08, 2026

Economy|Sports|World

Industriales become first Cuban baseball team to wear a private sponsor logo

Cuba's flagship baseball team, Industriales, has debuted a jersey with a private sponsor's logo

October 08, 2026

Houthis claim new attack against airport in Saudi capital as witness reports evacuation

A witness says explosions have rocked Saudi Arabia's capital, Riyadh, including a blast at the international airport

October 08, 2026

Business|Economy|Environment

Brazil's tight election raises questions over fate of its climate-finance push

Brazil's tight presidential election has some investors, executives and climate-focused businesses worried that a government

October 08, 2026

Venezuela's Maduro charged in US with ordering torture of opponents, Americans

US prosecutors on Thursday charged ousted Venezuelan President Nicolas Maduro and his wife Cilia Flores with conspiring to torture political opponents and

October 08, 2026

US Army report cites 'systematic failures' in fatal 2025 helicopter jet collision that killed 67

A US Army investigative report into the collision of an American Airlines regional jet and an Army Black Hawk helicopter near Ronald Reagan Washington National Airport

October 08, 2026

Economy

UK announces new round of Russia sanctions targeting financial services, 'shadow fleet'

Britain's Foreign Office announced on Thursday new sanctions targeting individuals and entities it said were involved in the production or transport of Russian oil,

October 08, 2026

Business|Economy|Science|Technology

Google Cloud introduces Gemini agent for work as AI race heats up

Alphabet's Google Cloud on Thursday introduced the Gemini agent, a single AI agent for work that can answer questions, handle tasks, create content and write code.

October 08, 2026

Business|Economy|Finance

Dollar eases as European yields pull back from highs

The dollar retreated on Thursday as a rise in euro zone bond yields stalled, while expectations for the path of interest rates from the Federal Reserve

October 08, 2026

Nicolás Maduro and his wife face new charges over alleged torture of Americans

October 08, 2026

Business|Economy|Finance|Stock Markets|US

Wall St opens lower as oil jump, high yields fuel inflation concerns

US stocks opened lower on Thursday as oil prices surged and Treasury yields hovered near multi-year highs, stoking inflation worries ahead of an earnings season that will test

October 08, 2026

Turkey says Russia, Ukraine increasing attacks in Black Sea ahead of winter

Intensifying attacks by Russia and Ukraine ahead of the winter are further endangering navigational safety in the Black Sea, Turkish Foreign Minister Hakan

October 08, 2026

Economy|Europe|Political|World

Rubio says war in Ukraine is at a dangerous stalemate

Secretary of State Marco Rubio said on Thursday that Russia's war in Ukraine is at a dangerous stalemate and the United States will keep working toward a

October 08, 2026

Arts|Economy|Finance|World

Bank of England's Bailey says credible budget policy is needed more than ever

Governments need to redouble efforts to restore confidence in their public finances, Bank of England Governor Andrew Bailey said on

October 08, 2026

Attack risks rise for tankers as Iran vows to block more Hormuz routes

Tankers are facing a higher risk of attacks and intimidation as they try to get critical shipments through the Strait of Hormuz after Iran

October 08, 2026

Business|Economy|Finance

ECB policymakers, accounts dampen near-term rate hike bets

Euro zone inflation could go higher than already-elevated projections, but policymakers dampened near-term rate hike bets on Thursday, arguing that

October 08, 2026

Business|Economy|Finance

PepsiCo slashes forecast, deepens cost cuts as N.America recovery drags

PepsiCo warned on Thursday that growth and margin recovery in its key North American market was taking longer than planned and said it

October 08, 2026

Economy

Greece agrees up to $4 billion US arms deal, sources say

Greece has agreed to spend up to $4 billion upgrading more of its F-16 fighter jets and buying advanced missiles from the US, two senior sources told

October 08, 2026

Business|Economy|Finance

US jobless claims hover near 57-year low for fourth consecutive week

The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued labor market stability despite a sharp

October 08, 2026

Business|Economy

World Bank sees Nigeria growth averaging 4.4% through 2028

Nigeria's economy is expected to grow by an average of 4.4% a year through 2028, with inflation and poverty declining if the government sustains reforms and

October 08, 2026

Trump stumps for embattled Texas Senate candidate at raucous rally

October 08, 2026

Business|Economy|Finance|Stock Markets|US

Unemployment benefit claims dipped slightly last week as layoffs remain low

The number of people applying for U.S. unemployment benefits fell slightly last week as layoffs remain low and most American workers enjoy job security

October 08, 2026

Economy

USTR Greer says US "holding fast" on trade stance with Canada

US Trade Representative Jamieson Greer said on Thursday the US is sticking to its stance in trade talks with Canada, saying a recent election in Quebec province is

October 08, 2026

Business|Economy|Travel

Hotel groups target Syria for tourism as it rebuilds from rubble of civil war

Several global and regional hotel groups are looking to enter or expand in Syria, senior executives told Reuters, betting that its rich

October 08, 2026

Economy|Political|Technology|World

Rubio says US committed to Mediterranean undersea power cable

The US supports an EU-backed undersea power cable scheme in the eastern Mediterranean and will use diplomacy to try to remove any possible hurdles, Secretary of State Marco

October 08, 2026

Business|Economy|Finance

China defends yuan policy as Europe steps up pressure over trade surplus

China pushed back against foreign criticism of its exchange-rate policy on Thursday, saying it has never pursued competitive depreciation, as

October 08, 2026

Economy

Euro zone ministers tell France to pass 2027 budget to calm markets

Euro zone finance ministers and the European Central Bank told France on Thursday to pass a 2027 budget to calm bond markets, as French borrowing costs

October 08, 2026

Business|Economy|Finance|Stock Markets

Wall Street winces at bond squeeze

Stock markets finally stalled on Wednesday and early Thursday as the bond crunch ground on, with the latest Federal Reserve minutes showing most policymakers in

October 08, 2026

Business|Economy|Environment|Science|Technology

A hurricane could cripple US refining when the world can least afford it

October 08, 2026

Arts|Economy|Opinion

Trump voters are not pumped about voting in the midterms, Reuters/Ipsos poll finds

Voters who backed Democratic former Vice President Kamala Harris in 2024 are far more enthusiastic about casting ballots this November than those who

October 08, 2026

Economy|Europe|Finance

ECB to hike rates again in December as inflation almost doubles 2% target: Reuters poll

The European Central Bank is expected to hold its deposit rate at 2.50% this month but raise it by 25 basis points in December as inflation runs nearly

October 08, 2026

Data centers' 'flexible' power usage could save the grid billions. Can they scale?

Technology companies and utilities are increasingly exploring ways to make power-hungry data centers more flexible in when and how they consume electricity,

October 08, 2026

UK 10-year borrowing costs rise to 19-year high after oil prices jump

British long-term borrowing costs hit fresh multi-decade highs on Thursday as part of a global bond selloff driven by a sharp rise in oil prices triggered by attacks on

October 08, 2026

Business|Economy|Finance|Technology

AI boom to fuel Australia inflation despite higher rates, ex-RBA official says

Australia's AI investment boom is likely to boost inflation in the near term as productivity benefits take longer to emerge, leaving the central bank with limited

October 08, 2026

Arts|Business|Economy|Finance

US bank investors to focus on impact of higher rates, deals outlook in Q3 earnings

Investors will scrutinize US quarterly bank earnings next week for signs that a recent spike in Treasury yields may curb dealmaking and

October 08, 2026

Business|Economy|Finance

Bank of England's Greene says UK pay outlook worries her

British employers look on course to raise pay by around 3.5% next year, a bigger increase than would be helpful in returning inflation to its 2% target, Bank of England

October 08, 2026

Goldman executives set for more than $500 million in special bonus, Bloomberg News reports

Goldman Sachs Group's top executives are set to receive special equity awards worth more than $500 million, Bloomberg News reported on Wednesday.

October 08, 2026

Business|Economy|Health

The cost of drugs from Canada is set to soar for millions of Americans because of a federal rule

Millions of Americans who buy cheap drugs from Canada could soon lose access due to a new customs rule

October 08, 2026

Business|Economy|Finance

'Dangerous' for BoE to rely on high bond yields to control inflation, MPC's Greene says

The Bank of England should not continue to rely on high bond yields to do its job of taming inflation, Monetary Policy Committee member Megan Greene said on Thursday.

October 08, 2026

Economy|Europe

Evicted 87-year-old who became a symbol of Spain’s housing crisis has died

October 08, 2026

Economy|Europe

ECB's Wunsch pushes back on proposal to increase bank charges

European Central Bank policymaker Pierre Wunsch pushed back on a proposal to increase charges on commercial banks, warning that it could hurt the credibility of future

October 08, 2026

Arts|Economy|Europe|Interview

With inflation risks to upside, ECB may need to hike more, Dolenc says

The European Central Bank may have to keep raising interest rates given an abundance of upside inflation risks but the timing and size of any move remain

October 08, 2026

Arts|Business|Economy|Technology

US ocean container imports set new record for September, Descartes says

US container imports rose 10.3% from a year earlier in September to set a new record for the month, buoyed by a 21.2% increase in shipments from China, supply-chain

October 08, 2026

Economy|Europe

Le Pen lifting retirement age is key to French bond yields, RBC BlueBay strategist says

How far French borrowing costs rise will depend on whether presidential candidates, above all far-right frontrunner Marine Le Pen,

October 08, 2026

Arts|Economy|Finance|MidEast|US

Fed's Waller: More hikes needed, but there is 'flexibility' about the pace

US Federal Reserve Governor Christopher Waller said on Thursday that additional rate hikes will likely be needed to lower inflation to the Fed's 2%

October 08, 2026

Deloitte fined £6.05 million in UK over audits of transport operator Go-Ahead Group

Accounting firm Deloitte has been fined £6.05 million ($7.98 million) over its audits of transport operator Go-Ahead Group for the financial years between 2016 and 2020,

October 08, 2026

Business|Economy|Finance

Seven & i operating profit falls 11% in second quarter

The Japanese operator of the 7-Eleven convenience store chain, Seven & i Holdings, said on Thursday it booked an 11% fall in second-quarter operating profit.

October 08, 2026

Business|Economy|Finance

Bank of Japan sees broadening inflationary pressure

The Bank of Japan said price increases driven by higher raw material costs were spreading to consumer goods with some firms hiking prices more often,

October 08, 2026

The long-deployed USS Lincoln is returning home to San Diego

The USS Abraham Lincoln aircraft carrier is returning home to San Diego after a record-setting uninterrupted time at sea supporting the Iran war

October 08, 2026

Thai central bank in no rush to raise rates, governor says

Thailand's central bank chief said on Thursday there is no rush to raise interest rates and monetary policy could not address structural issues constraining economic growth.

October 08, 2026

BYD exec says biggest challenge to expansion is geopolitics

The number one challenge to expansion for BYD is geopolitics, Stella Li, BYD's executive vice president, said on Thursday, months after the Chinese company's chairman

October 08, 2026

Economy|Europe|Political

German coalition affirms reform agenda amid 'historic test' for democracy

Senior members of Germany's governing coalition have vowed to quickly implement reforms, according to a message to lawmakers seen by Reuters on Thursday, as the government

October 08, 2026

Arts|Economy|Environment|Finance

China's funding of development institutions is up sharply, but its power still lags, study shows

China, the world's second-largest economy, has boosted funding of multilateral development institutions tenfold since 2010, but its voting power and

October 08, 2026

Arts|Economy|Entertainment|Travel|World

China border town can't shake the blues despite promise of bridge to North Korea

Chinese taxi driver Wang peered through binoculars at a North Korean flag fluttering beyond a soon-to-open bridge linking his city

October 08, 2026

Business|Economy|Technology

Daimler Truck's Q3 sales rise 26% as North America and Europe grow

Daimler Truck reported 26% growth in third-quarter vehicle sales on Thursday, as deliveries increased at both its North American unit and largely Europe-based Mercedes-Benz Trucks,

October 08, 2026

Business|Economy|Europe|Finance

German exports fall in August, pointing to weak third quarter

German exports fell unexpectedly in August due to a sharp decline in shipments to the United States, showing that momentum in the euro zone's largest economy is

October 08, 2026

Business|Economy|Finance|Technology|World

Sovereign bonds shouldered aside as AI takes their turf

A look at the day ahead in European and global markets from Wayne Cole Sovereign borrowers are no longer the big boys on the block as AI giants increasingly invade their turf.

October 08, 2026

Japanese PM Takaichi's campaign to shed reflationist image needs substance behind the speeches

Japanese Prime Minister Sanae Takaichi's administration is ramping up efforts to shed its growth and easy money image through changes in

October 08, 2026

Economy

EU sends envoy to Beijing as rising exports from China raise economic anxiety

The European Union is bracing for a confrontation with China as a trade deficit exceeding $1 billion a day heightens anxiety over potential job losses and pushes the bloc’s political leaders to take a more aggressive approach toward its second-largest trading partner

October 07, 2026

Arts|Economy|Finance|Science|Technology

Asia shares slip, bonds submerged in tide of AI debt

Asian shares slid on Thursday as strains in sovereign bond markets were aggravated by reports some major tech companies were seeking to raise billions in debt

October 08, 2026

Business|Economy|Science|Technology

US grants Aurora exemption for self-driving trucks safety feature

The US transportation department said late on Wednesday it approved a five-year exemption for Aurora and other self-driving trucking companies from

October 08, 2026

Disaster relief funding is creeping into Trump's midterm rhetoric. Critics say it has no place there

President Donald Trump has turned emergency relief into a campaign talking point as a major hurricane approaches the U.S. Gulf Coast

October 08, 2026

Business|Economy

UK labour market shows more recovery signs in September, KPMG/REC survey shows

Britain's labour market showed more signs of recovering last month from its protracted slowdown, with permanent staff placements rising at

October 08, 2026

Business|Economy|Science|Technology

Samsung flags $80 billion profit on AI boom, highest quarterly for any tech company

Samsung Electronics on Thursday projected its quarterly profit would top 100 trillion won, a world first for a technology company, estimating

October 08, 2026

Business|Economy|Technology

Amazon makes fresh job cuts, mainly in retail division

Amazon confirmed on Wednesday it had cut what it said were a small number of jobs, primarily in its Stores unit which oversees the main e-commerce

October 08, 2026

Economy|Environment|Science|World

In drought-stricken Sri Lanka, farmers watch wells empty and wildlife crowd shrinking water holes

Sri Lanka is facing severe drought, leaving reservoirs dry and farming communities struggling

October 08, 2026

Business|Economy|Entertainment|Health|Political

The Latest: White House highlights Trump Accounts for kids amid frustrations over rising prices

President Donald Trump has announced that all Americans under age 18 are being automatically enrolled in Trump Accounts, which are set up by the government to invest in stocks

October 07, 2026

Economy|Political

US proposes to boost transit funding to areas with higher marriage, birth rates

The US Transportation Department said on Wednesday it is proposing to boost grants for major transit projects by 10% in areas that have above-average

October 08, 2026

Fed minutes show some officials want to prepare for market stress

Federal Reserve meeting minutes from last month’s policy meeting noted some officials believe it’s time for the central bank to get ready for bond market stress.

October 08, 2026

Economy|Environment|Science

Tropical Storm Isaias forecast to hit US Gulf coast as hurricane early Saturday

Tropical Storm Isaias formed in the Gulf of Mexico on Wednesday and is forecast to strengthen into a hurricane before slamming into the southern US

October 07, 2026

Some guardrails on ChatGPT for Teens don't work as promised, watchdog group says

Some of the guardrails for children that OpenAI included in its ChatGPT for Teens product do not work as intended and the chatbot poses an “unacceptable risk” to children

October 08, 2026