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Trump announces deal for Russian diesel as Zelensky calls it a gift to Putin

Oct 10, 2026

Ukraine's president sharply criticised the move, calling it an "investment in war that must be ended, not prolonged".

Money Box

Oct 10, 2026

Boots has a new owner: Three ways it could affect you

Oct 9, 2026

Big Controversy Upends a Contest About Microscopic Videos

Oct 9, 2026

Analysis: Trump's shock Russia deal highlights mounting pressure to curb fuel prices

Oct 9, 2026

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Oct 9, 2026

Trump Announces White House Inquiry Into Fed Governor Lisa Cook

President Trump said the White House would investigate unsubstantiated claims that Lisa D. Cook committed mortgage fraud and hold a hearing next month.

Oct 9, 2026

Trump strikes deal with Putin on oil

Oct 9, 2026

Private Medicare Plans Are Raising Costs And Forcing Millions To Find New Insurance

Oct 9, 2026

Trump wants to reduce the cost of fuel as the midterms loom - will it work?

Oct 9, 2026

Target Says It’s Not Working With ICE Amid Uproar Over Parking Lot Use

Interesting Read

JPMorgan makes bullish call in fixed income space, suggests it's a once in a generation opportunity

Why Priya Misra, a portfolio manager at the firm, is looking to take credit risk in high-quality companies.

Oct 10, 2026

What’s Dragging Down A.I. Efficiency? The ‘Verification Tax.’

As artificial intelligence automates office tasks, it is also creating a new type of human work.

Oct 10, 2026

US stocks close higher ahead of earnings

US markets closed higher, with investors shifting their focus to next week, with third-quarter earnings season set to start and inflation data expected, which could shed light on the Federal Reserve's ⁠next policy decision. All three major US stock indexes advanced on the day, logging weekly gains. "It's the kind of back-and-forth market we've been in where we have the reversal of sentiment around Iran," said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. "With conflicting headlines coming out of the White House and parties in the Middle East, there's just no edge there." "That's why it's a fairly tepid rally," Mayfield added. Crude prices initially retreated after US President Donald Trump said the US will not launch any attacks on Iran before the midterm elections, adding that talks between Washington and Tehran aimed at ending the market-rattling Iran war were "productive." Front-month West Texas Intermediate oil and Brent crude ⁠both settled up 0.4 percent. Benchmark Treasury yields edged higher, but remained below Wednesday's 24-year high. Third-quarter ⁠reporting season begins in earnest next ⁠week, with big US banks Wells Fargo, Goldman Sachs, Citigroup, JPMorgan Chase, Bank of America and Morgan Stanley scheduled to release results. The mood of American consumers, who shoulder about 70 percent of the US economy, has soured this month, according to the University of Michigan, with near-term expectations deteriorating to an all-time low. The Dow Jones Industrial Average rose 423.31 points, or 0.83 percent, to 51,654.95, the S&P 500 gained 46.15 points, or 0.59 percent, to 7,811.54 and the Nasdaq Composite ⁠gained 172.83 points, or 0.64 percent, to 27,366.17. AI-related momentum stocks were generally higher, with the Roundhill Magnificent Seven ETF up 1 percent as the US bull market, largely driven by the AI boom, approaches its four-year anniversary. "Chips have been this year's story," said Michael Monaghan, portfolio manager at Founder ETFs in Dallas. "(It's) a multidecade technological change and just at the beginning of whatever's happening, not at the end." Elon Musk's SpaceX struck a deal to acquire a nationwide low-band spectrum portfolio, posing a direct challenge to US wireless companies. Telecom firms T-Mobile US , AT&T, and Verizon dropped between 8.8 percent and 13.3 percent. Apple slid 1.1 percent after a media report that the iPhone maker has told some suppliers to cut production of components for its newly launched iPhone 18 Pro and iPhone 18 Pro Max, as soaring memory chip costs and price increases dampen consumer demand. (Reuters) Edited by Robert Kemp

Oct 9, 2026

Stocks making the biggest moves midday: T-Mobile, Verizon, AT&T, Crown Castle, Teva & more

These are some of the stocks posting the largest moves midday.

Oct 9, 2026

Wayne Lawson, Vanity Fair’s ‘Secret Weapon,’ Has Died

Working with Mr. Lawson, reporters said, was like taking a master class in writing: “He was a throwback to the old style of editing.”

Oct 9, 2026

Stocks making the biggest moves premarket: Delta Air Lines, SpaceX, T-Mobile, Humana & more

These are the stocks posting the largest moves premarket.

Oct 9, 2026

Blockchain.com seeks U.S. approval for prediction markets, crypto derivatives trading

Blockchain.com is seeking CFTC designation and registration to offer U.S. event contracts and cryptocurrency derivatives.

Oct 9, 2026

HK stocks punch up as internet plays regain ground

The mainland's blue-chip stock index edged up on Friday and closed the holiday-shortened week near its lowest level in more than a year as a selloff in AI-related supply chain shares ⁠deepened, while Hong Kong stocks rebounded on gains in internet companies. The benchmark Hang Seng Index rose 425 points, or 1.8 percent, to 24,211 on turnover of HK$209.2 billion. For the entire week, the index climbed 1 percent. The tech index rose 124 points, or 3.1 percent, to 4,197 but was still hovering near a two-year low while the China enterprises index ended the day 137 points, or 1.7 percent, higher at 8,147. On the mainland, the CSI300 Index ended 0.2 percent higher while the Shanghai Composite Index inched up one point to close at 3,813 on turnover of 888.56 billion yuan. For the week, the CSI300 was down nearly 1 percent and has fallen for nine straight weeks. The Shenzhen Component Index rose 20 points, or 0.17 percent, to 12,641 on turnover of 1.01 trillion yuan while the ChiNext Index was up six points, or 0.22 percent, at 3,043 on turnover of 492.05 billion yuan. The 5G ⁠Communication Index fell up to six percent to a ⁠two-month low. The tech-focused ⁠Star50 Index shed as much as four percent to a five-month low before closing roughly flat. Sentiment improved in ⁠the afternoon session, with turnover ‌in some key blue-chip and small-cap ETFs, such as Huatai-PB CSI300 ETF, reaching its highest in ‌nearly two months. Zhongji Innolight, a leading maker of optical transceivers, slid one percent while ⁠memory chip giant CXMT closed up one percent. China's stock benchmarks are near levels hit two years ago when a stimulus bonanza from Beijing lit up share prices ‌and boosted hopes for a slow bull run, which is now limping into a three-month downtrend. The coal index was up 1.4 percent while consumer staple shares gained 0.8 percent as investors rotated into more defensive ⁠and ‌traditional sectors to curb risk. In Tokyo, the Nikkei slipped 11 points, or 0.02 percent, to close at 69,030 as the benchmark limped to a weekly loss of 0.39 percent for the week and investors weighed prospects for the red-hot AI sector. The broader Topix gained 13 points, or 0.33 percent, to 4,104 on Friday. (Reuters & Xinhua) Edited by Edmond Fong

Oct 9, 2026

Tokenization could unleash tens of billions of dollars in trapped capital, Nasdaq CEO says

Nasdaq CEO Adena Friedman said tokenization could free up tens of billions of dollars in trapped capital.

Oct 9, 2026

China and Europe Step Back From Trade War With Limits on Chinese Car Exports

The European Union said the deal could roughly halve shipments of hybrid vehicles from China in the next four years. But it also could lead to an even stronger Chinese auto industry.

Oct 9, 2026

How Correspondent Banking Can Enable Sanctions Evasion

The correspondent system for banking has enabled globalism — and has been exploited by companies trying to skirt U.S. sanctions.

Oct 9, 2026

Clara Wu Tsai, the Billionaire Who Wants Brooklyn to Win

Clara Wu Tsai, a co-owner of the Liberty, is hoping the W.N.B.A. team pulls through tonight. She also has ambitions for the borough beyond more championships.

Oct 9, 2026

Trump Sends Obamacare ‘Refund’ Checks Ahead of Midterm Elections

The $500 checks are accompanied by a letter signed by the president that criticizes the Biden administration for overcharging Americans for health insurance.

Featured News

Trump announces deal for Russian diesel as Zelensky calls it a gift to Putin

Money Box

Boots has a new owner: Three ways it could affect you

Big Controversy Upends a Contest About Microscopic Videos

Analysis: Trump's shock Russia deal highlights mounting pressure to curb fuel prices

Latest News

Trump Announces White House Inquiry Into Fed Governor Lisa Cook

Trump strikes deal with Putin on oil

Private Medicare Plans Are Raising Costs And Forcing Millions To Find New Insurance

Trump wants to reduce the cost of fuel as the midterms loom - will it work?

Target Says It’s Not Working With ICE Amid Uproar Over Parking Lot Use

Interesting Read

China and Europe Step Back From Trade War With Limits on Chinese Car Exports

How Correspondent Banking Can Enable Sanctions Evasion

Clara Wu Tsai, the Billionaire Who Wants Brooklyn to Win

Trump Sends Obamacare ‘Refund’ Checks Ahead of Midterm Elections

Business News

Stock Market News

Economy News

Burnham promises to curb non-compete rules in job contracts

Whistle-Blower Says I.R.S. Leaked His Tax Records in Retaliation

Ex-Deutsche Bank trader jailed for rigging rates has conviction overturned

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