Money - Frontal Report

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Fed’s Watchdog Finds No Misconduct or Illegal Activity in Costly Renovations

Sep 30, 2026

A new report by the Federal Reserve’s independent inspector general concluded that a nearly $2.5 billion construction project was poorly managed but made no referrals to the U.S. attorney general.

Condé Nast C.E.O. Leaves to Run Mattel

Sep 30, 2026

Trump’s New Tariffs Get a Familiar Day in Court

Sep 30, 2026

E.E.O.C. Sues Harvard for Data on Diversity in Hiring Practices

Sep 30, 2026

DeepSeek and Huawei Target a Key Source of Nvidia’s A.I. Dominance

Sep 30, 2026

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Sep 30, 2026

Troubles at Situational Awareness Point to Record Stock Market Leverage

A meltdown at Situational Awareness, an A.I.-focused investment firm, is raising tough questions about the Wall Street banks that lent billions to the upstart firm.

Sep 30, 2026

Sunkist Fruit Gems, Bar Mitzvah Staple, Get 2nd Chance After Discontinuation

Sep 30, 2026

Google Wants Hollywood to Stop Being So Afraid of Technology

Sep 30, 2026

Greggs to shut four factories and cut 740 jobs

Sep 30, 2026

Trump Administration Prepares to Ask Tax Filers if They Are U.S. Citizens

Interesting Read

Medical Records Firm Uses AI Tool to Expose Flaws that Threaten Patient Privacy

Epic’s engineers deployed an Anthropic tool that exposed security risks that could allow undetected access to millions of patient records.

Sep 30, 2026

Stocks making the biggest moves midday: Rogers, United Therapeutics, Moderna, FormFactor & more

These are the stocks posting the largest moves midday.

Sep 30, 2026

He Was a Tech Investor Before There Was a Silicon Valley

Bill Draper began funding start-ups in the early 1960s, when the Santa Clara Valley was better known for apricot orchards than microchips. He has died at 98.

Sep 30, 2026

Kalshi, Polymarket trading volumes on some products raises questions amid massive growth

Unusual trading patterns on Kalshi and Polymarket are drawing scrutiny as experts debate whether reported volumes reflect organic market activity.

Sep 30, 2026

New World to hand over 11 Skies project in April

The Airport Authority (AA) said on Wednesday that it reached an agreement with New World Development to terminate the sublease of the 11 Skies development project early. The property developer will hand over the mega complex located near the Hong Kong International Airport and the Hong Kong-Zhuhai-Macao Bridge on April 1 next year along with the assets in connection with the development at no cost, and provide cash and cash equivalents of more than HK$3 billion to the authority. The authority said the 11 Skies project will complement Skytopia – a HK$100 billion mega project that aims to transform the area around the airport into a world-class destination for tourism as well as business activities, linking the city and the Greater Bay Area. Its chairman, Fred Lam said the 11 Skies project is more than a usual shopping complex. “The scale of the project is well-suited for large scale entertainment facilities and experience-driven offerings that would not be possible in other indoor venues in Hong Kong. It will be a unique entertainment hub that forms an integral part of Skytopia, whose attraction is not only about stunning hardware,” he said. “We believe it is the software – the contents, culture and holistic offering of an appealing environment that hold the key to success.” The authority's CEO Vivian Cheung, for her part, said the AA has also set up a new subsidiary dedicated to the project, and it aims to commence operations along with major Skytopia components in 2028-29. Edited by Aaron Tam

Sep 30, 2026

Stocks making the biggest moves premarket: Robinhood, Boeing, Moderna & more

These are the stocks posting the largest moves premarket.

Sep 30, 2026

HK and mainland stocks post modest gains

Stocks in Hong Kong ended in positive territory before the National Day holiday on Wednesday as the Hang Seng Index rose 0.37 percent to close at 24,613 points while the Hang Seng China Enterprises Index rose 0.50 percent, and the Hang Seng Tech Index rose 0.10 percent. Up north, the Shanghai Composite index closed up 0.3 percent while the CSI 300 Index also rose 0.3 percent at market close. Despite the market posting modest gains, Chinese blue chips were stuck near one-year lows on Wednesday even after Beijing unveiled a series of credit and mortgage support steps on Tuesday. The latest measures are the nation's broadest and most powerful in two years, but were not as bold as the policies announced in September 2024 that included rate ⁠cuts and support for the stock market, said Duncan Wrigley, chief China economist at Pantheon Macroeconomics. "It won't solve China's structural imbalances, with sluggish domestic demand and high reliance on exports," Wrigley wrote in a note. The People's Bank of China ⁠lowered its one-year pledged supplementary lending (PSL) rate by 25 basis points to 1.5 percent to support infrastructure investment. Authorities also raised re-lending quotas for tech firms and small businesses, and, battling a long housing downturn, introduced mortgage subsidies for eligible first-time buyers. "The policy is in the right direction. But the government has refrained from strong stimulus, unveiling measures that are not adequate," said Charles Wang, chairman of Shenzhen Dragon Pacific Capital Management. Market sentiment was also cautious ahead of the week-long National Day holiday starting on Thursday. Liquidity has thinned significantly, with combined turnover on China's Shanghai and Shenzhen stock exchanges dropping to 1.41 trillion yuan on Tuesday, its lowest level since July 2025. (Reuters/Xinhua) Edited by Tony Sabine

Sep 30, 2026

Singapore's Temasek to expand Middle East presence, open Abu Dhabi, Riyadh offices

Singapore state investor Temasek plans to open offices in Riyadh and Abu Dhabi by the first half of 2027, its most significant Mideast expansion to date.

Sep 30, 2026

Chinese manufacturing expands in September

The purchasing managers' index (PMI) for the mainland’s manufacturing sector stood at 50.1 in September, up 0.3 percentage points from the previous month, official data showed on Wednesday. A reading above 50 indicates expansion, while below the 50-point mark reflects contraction. The PMI for large enterprises stood at 50.6, while that for medium and small enterprises came in at 49.7 and 48.9, respectively, according to data released by the National Bureau of Statistics. The production index stood at 51.7, an increase of 1.3 percentage points from last month, suggesting accelerated activity in the manufacturing sector. The new order index was 50.5, down 0.1 percentage point from August. Huo Lihui, a chief statistician with the National Bureau of Statistics, said the manufacturing PMI returned to expansion in September. Huo said among the 21 industries surveyed, 12 recorded a PMI above the threshold – an increase of four from the previous month, showing improvements in the manufacturing sector. Official data also showed the PMI for the mainland’s non-manufacturing sector came in at 50.2, up 1.2 percentage points from last month. The composite PMI output index was 50.7, indicating expansion in production and business activities compared to the previous month. (Additional reporting from Xinhua) Edited by Tony Sabine

Sep 30, 2026

Fed’s Preferred Inflation Gauge Points to Continued Price Pressures

Sep 30, 2026

Featured News

Fed’s Watchdog Finds No Misconduct or Illegal Activity in Costly Renovations

Condé Nast C.E.O. Leaves to Run Mattel

Trump’s New Tariffs Get a Familiar Day in Court

E.E.O.C. Sues Harvard for Data on Diversity in Hiring Practices

DeepSeek and Huawei Target a Key Source of Nvidia’s A.I. Dominance

Latest News

Troubles at Situational Awareness Point to Record Stock Market Leverage

Sunkist Fruit Gems, Bar Mitzvah Staple, Get 2nd Chance After Discontinuation

Google Wants Hollywood to Stop Being So Afraid of Technology

Greggs to shut four factories and cut 740 jobs

Trump Administration Prepares to Ask Tax Filers if They Are U.S. Citizens

Interesting Read

Fed’s Preferred Inflation Gauge Points to Continued Price Pressures

Household energy bills forecast to see biggest rise in four years

X2, Troubled Six Flags Roller Coaster, to Close After Lawsuits

The volunteers baking birthday cakes for children

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Regulating AI 'not the right place to start' says Bailey

Greggs to cut 740 jobs and close factories

Bracing for More Inflation Volatility

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