Today: October 29, 2026
Today: October 29, 2026

Economy

Economy|Finance

In first budget, UK's Healey tries to shelter households from economic storms

UK finance minister John Healey offered help on Wednesday to households buffeted by "global economic storms", easing the hit from rising

Economy|Political|World

Putin woos African leaders, says Russia a better partner than 'colonial' West

President Vladimir Putin told African leaders on Wednesday that Russia was their best partner, accusing what he cast as a colonial West of still trying to exploit the

Business|Economy|Health|Science|Technology

US Health Secretary Kennedy opens access to some unapproved peptides

US Health Secretary Robert F.

Business|Economy

Airbus holds annual targets, bets on year-end delivery surge

Airbus maintained its full-year forecasts and production plans on Wednesday after reporting mixed third-quarter earnings,

Economy|Political|World

Mexico, US assess viability of trade deal before midterms

Mexican President Claudia Sheinbaum said on Wednesday that trade talks with the US were advancing as both sides assessed whether an agreement could be reached before

Business|Economy|Finance|Technology

AI giants' funding ambitions test Wall Street's appetite for risk

The heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificial intelligence buildout

Business|Economy|Technology

Apple shows pricey touchscreen laptops, a first for the iPhone maker

Apple CEO John Ternus unveiled the company's first touchscreen MacBooks on Wednesday, abandoning a long-held aversion to the technology as it caps a

Arts|Business|Economy|Finance|Stock Markets|US

Frontier swings to surprise profit on 'healthy balance' between higher fares and demand

Frontier Airlines has a healthy balance between ticket prices and passenger volume, its chief executive said on Wednesday, after the airline

Business|Economy|Finance

Wendy's gets $1.4 billion take-private offer from Peltz-led group

Billionaire Nelson Peltz and several partners on Wednesday offered to buy burger chain Wendy's for $1.4 billion, arguing that the

Economy

Hell will freeze over before Havana gives in to Trump. But regular Cubans don’t have that long

Hell will freeze over before Havana gives in to Trump. But regular Cubans don’t have that long

Arts|Economy|Election|Europe|Science|Technology|US

Iran war's cost to American taxpayers grows to an estimated $47.1 billion

The cost of the Iran war to American taxpayers has grown to an estimated $47.1 billion

Business|Economy|Finance|Political

UK seeks to give households 'breathing space' this winter over Iran war energy price spike

U_K_ Treasury chief John Healey has used his first budget statement to offer households and businesses support with their energy bills this winter in the face of what he termed “global economic storms.”

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A ceasefire in a Ukrainian city is holding, officials say, as Moscow and Kyiv await US-led talks

Officials say that a six-day ceasefire in the Russian-occupied city of Oleshky in southern Ukraine has held for its first day and night

Business|Economy|Europe|Finance

Germany set for record trade deficit with Asia-Pacific in 2026, report says

Germany's trade deficit with Asia-Pacific is set to hit a record of nearly €146 billion ($163 billion) in 2026 as falling exports to China outweigh growing

Business|Economy|Finance|Technology

SAP swaps costly AI models for cheaper alternatives, targets over €2 billion in gains

SAP, whose software is used by many of the world's largest companies,

Business|Economy|Political|World

Canada reports limited progress in trade talks with US

There has been limited progress in trade talks with the United States to ease US tariffs on Canadian steel and autos, a Canadian

Economy|Finance

UK inflation forecast to average 3.4% in 2027, OBR says

British inflation is set to average 3.4% in 2027, the country's budget watchdog said on Wednesday following finance

Arts|Economy|Environment|Europe|Science|Technology|Travel|US

Oil prices rise on Yemen fighting, Saudi refinery attack

Oil prices edged up about 1% on Wednesday on renewed concerns about additional energy supply disruptions in the Middle East due to continued fighting in

Business|Economy|Finance|Political

Bank of Canada raises key interest rate, says another hike possible

The Bank of Canada on Wednesday hiked its key policy rate for the first time in more than three years and said further increases

Arts|Business|Economy|Finance

US crude and distillate inventories fall, gasoline stocks rise, EIA says

US crude and distillate inventories fell due to higher demand, while gasoline stockpiles rose last week, the Energy Information

Business|Economy|Finance

What to expect from the Fed today

What to expect from the Fed today

Business|Economy|Environment|Food

Argentina sees EU soymeal opportunity as deforestation rules threaten Brazil trade

Brazil's soybean industry fears the European Union's new

Arts|Business|Economy|Entertainment|Finance

Walmart cuts holiday meal basket price to $3.50 per person

Retail giant Walmart on Wednesday unveiled its holiday meal basket price at $3.50 per person, the lowest since the retailer launched the program in 2022 at a time US shoppers are

Business|Economy|Finance

US goods trade deficit widens as AI-related demand pushes imports to record high

The US trade deficit in goods unexpectedly widened in September as imports surged to a record high, driven by strong demand for capital goods linked to

Business|Economy|Finance

EQT's acquisition of Range underscores race to dominate US natgas market

EQT's acquisition of rival producer Range Resources this week marks the latest consolidation in the natural gas industry, as producers are scrambling to lock in

Business|Economy

Bank of America plans new branches in Wisconsin, Alabama, New Orleans

Bank of America plans to open 19 branches in Wisconsin by 2030, creating 130 jobs, it said on Wednesday, and is on course to open 50 branches a year across the US.

Business|Economy|Finance

UK economic growth downgraded to 1% in 2027, Healey says in first budget

Britain's economy is forecast to grow by 1% next year, finance minister John Healey said on Wednesday, citing the latest projections from the Office for Budget

Arts|Economy|Education|Environment|Health|Interview|MidEast

Iranians cut essentials and put dreams on hold as war-hit economy bites

Iranian families are cutting back on food, housing and education as the eight-month-old war with the United States fuels one of the country's worst inflation

Economy|Finance|Political

Healey says UK will have £15 billion of fiscal headroom at end of forecast period

Britain's government will have a smaller buffer to meet its fiscal targets by the end of the decade, finance minister John Healey said in his first budget speech on

Business|Economy|Political

UK's Healey raises business rates threshold for small firms

British finance minister John Healey said on Wednesday he would raise the threshold at which small companies start paying business rates.

Business|Economy|Finance|Technology

S&P 500, Nasdaq open higher as SK Hynix lifts chips; Fed in focus

The S&P 500 and the Nasdaq opened higher on Wednesday as memory-chip firms climbed after SK Hynix's bumper results, while investors looked to upcoming key corporate earnings as the

Business|Economy|Environment|Finance|World

World Bank sees commodity prices up 23% in 2026 due to Middle East war, other shocks

Global commodity prices are set to surge 23% in 2026, the World Bank said on Wednesday, citing rising energy prices and disruptions to cargo shipping

Arts|Economy|Entertainment|Fashion and Beauty|Finance|Lifestyle|Technology

These are the four best used electric SUVs for under $25,000, according to Edmunds

The growing supply of used EVs has made electric SUVs more accessible to shoppers who don’t want to spend new-car money

Economy|Environment|Science|World

In southern Chile, locals push to protect oceans that have been hurt by intensive salmon farming

The remote Guaitecas Archipelago has more than 40 small islands and is a gateway to Chile’s Patagonia region

Business|Crime|Economy|Education|Election|Finance|Health|Science|Technology

Why over two-thirds of Americans say their country is in decline

A recent national survey reveals a US electorate that is unsettled, gloomy and likely looking for political change.

Arts|Economy|Education|Food|Health|Science

New restrictions on purchases with SNAP benefits in some states mean fewer convenience stores are accepting them

Stores in waiver states may need to update their checkout systems and train employees to prevent purchases that are no longer allowed with SNAP benefits – potentially a big burden for retailers.

Business|Economy|Health|Science

1 in 4 Pennsylvanians say they paid out of pocket for their annual checkup. Why isn’t insurance covering these preventive visits?

Billing errors, testing and questions about new symptoms can lead to unexpected bills, making some patients wary to go back for their next checkup.

Arts|Economy|Education|Entertainment|Environment|Finance|Science|Technology

Some states are stepping up after federal childcare cuts – and now offer lessons for the future

Improving both supply and quality of childcare has been the focus of several states trying to find solutions on their own.

Economy|Finance|Health

Plans with cheaper premiums are risky business for Americans seeking lower healthcare costs

Some options that might look like health insurance actually aren’t – and they may leave you stranded with large, unexpected medical expenses.

Business|Economy|Health|Science

US estrogen supply crunch widens as women seek alternatives to scarce patches

Women in the US struggling to find hormone replacement treatments to manage menopause symptoms are facing shortages beyond estrogen patches amid surging demand,

Business|Economy|Finance|Technology

EQT, Bain $5 billion Kakaku showdown heralds contested Japan buyout era

A battle between private equity firms EQT and Bain to acquire a $5 billion Japanese internet company illustrates how takeovers in Japan are

Business|Economy|Finance|Technology

Mercedes readies 2030 strategy update with China at its core

Mercedes-Benz is preparing a broader strategy update for 2030 and beyond, with China to remain a central pillar of its long-term plans, CEO Ola Källenius said, even

Business|Economy|Technology|World

South Korea media commission fines Google and Apple over app payment systems

South Korea's Media and Communications Commission has fined Google and Apple for limiting users to specific app payment systems and ordered corrective measures, the regulator

Business|Economy|Environment

US regulator proposes new rules to speed up LNG projects

A US regulator proposed new rules on Wednesday to hasten liquefied natural gas projects and expand export capacity as part of the Trump administration's larger push to

Business|Economy|Environment|Health|Technology

Meta and Snap face major US legal test of youth social media addiction claims

Two teenage plaintiffs who say social media caused them to develop serious mental health problems will take Meta Platforms and Snap to trial in Los Angeles on

Arts|Economy|Europe

As Iran war drags on, airlines pull back on fuel hedges and warn on fares

With jet fuel prices at roughly double their levels before the Iran war, airlines are growing increasingly

Business|Economy|Finance|Stock Markets|US

Robinhood shares fall as crypto markets chill drives profit miss

Robinhood's shares fell 8% in premarket trading on Wednesday after a prolonged chill in crypto markets dragged the trading platform's third-quarter profit below Wall Street

Arts|Business|Economy|Europe|Finance|MidEast|Stock Markets

European banks beat profit forecasts, Brazil overshadows Santander 

European banks went some way to easing investor concerns about slowing earnings momentum

Business|Economy|Finance|Technology

Information overload

Much of this week's busy event calendar gets packed into the next 24 hours.

Business|Economy|Finance|Technology|World

South Korea fines Google and Apple over unfair app market practices

South Korea on Wednesday fined Google and Apple a combined $47.6 million, saying they abused their dominance in app store markets by forcing local developers onto their own payment systems and by unfairly delaying app reviews

Business|Economy|Finance

Generic drugmaker Sandoz cuts sales outlook, shares fall

Swiss generic drugmaker Sandoz lowered its full-year sales growth guidance after short-term biosimilar-supply constraints weighed on third-quarter

Business|Economy|Technology

US rocket motor maker with Trump family ties valued at $1.4 billion

Donald Trump Jr.-backed defense startup Firehawk Defense was valued at more than $1.4 billion in a new financing round, it said on Wednesday, as private

Arts|Economy|Europe|MidEast|World

Policeman kills knife attacker outside Israeli embassy in Serbia

An attacker with two knives wounded a policeman guarding the Israeli embassy in Belgrade overnight, before the officer shot the assailant dead,

Crime|Economy|Europe

Hungary carries out dawn raids over COVID-era purchase of 17,000 ventilators

Hungary's tax authority has raided several locations and made arrests in an investigation into COVID-era medical mask and ventilator procurement by the Foreign Ministry.

Business|Economy|Finance

Fed officials not aligned on weight of financial conditions

By Michael S.

Arts|Business|Economy|Finance

Bank of Canada poised to hike key rate for first time in three years

The Bank of Canada is widely expected to increase its benchmark interest rate by 25 basis points to 2.5% on Wednesday, in a move seen by most economists

Economy

Fed likely to go into wait-and-see mode on rates

The Federal Reserve is expected to hold interest rates steady on Wednesday, less than a week ahead of critical US midterm elections centered on the cost of living, as

Arts|Economy|Finance|Technology|World

Basis trade retreat spurs shift into new rate bets

The slowdown in one of the US Treasury market's most scrutinized trades has driven investors to other corners of the rates

Economy|Technology

Nevada unions, politicians caught between AI job creation and destruction

On more than 100,000 acres of Nevada desert east of Reno, one of the world's largest concentrations of data centers is taking shape, providing years of work for thousands of

Arts|Economy|Education|Europe

'Nobody heard us' – why Gen Z are leading protests across Europe

Maya Gourdel, a 19-year-old student in Brussels, sits at a desk writing slogans

Business|Economy|Environment|Technology

Volkswagen's journey: Beetle maker's wartime roots to reinvention

From a single-model company rising from the ashes of World War Two, to a sprawling automotive empire with global reach, Volkswagen has undergone repeated

Arts|Business|Economy

Unilever flags price hikes as Iran war costs stack up

Unilever expects price rises to increase in the fourth quarter and next year, it said on Wednesday as it aligns with other consumer goods

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Hegseth reassures Southeast Asia of US commitment, pledges stronger defence ties

US Defense Secretary Pete Hegseth sought to reassure Southeast Asian counterparts on Wednesday of Washington’s commitment to the

Business|Economy|Europe|Finance|Stock Markets

UBS lifts profit to $2.7 billion, speeds up buybacks despite capital concerns

UBS posted third-quarter net profit of $2.69 billion on Wednesday, roughly in line with expectations, and accelerated its share buyback programme despite

Asia|Business|Economy|Finance|World

Thai central bank keeps interest rate unchanged, as expected

Thailand's central bank kept its key interest rate unchanged for a fourth straight meeting on Wednesday, as widely expected.

Arts|Economy|Environment|Health|Lifestyle|Science|Technology|World

China's old-age dependency ratio overtakes children for first time

HONG KONG, Oct 28 - China is now supporting more people aged 65 and above than children, underscoring the impact of its rapidly ageing population and a declining birth rate. 

Arts|Business|Economy|Europe|Finance

BNP Paribas beats Q3 profit forecasts, unveils €1.3 billion share buyback

BNP Paribas posted a forecast-beating rise in third-quarter profit on Wednesday, helped by strong performance in its investment banking division, as the lender

Business|Economy|Europe|Finance|Stock Markets

StanChart shares soar after it hikes full-year targets and trounces profit estimates

Standard Chartered (StanChart) on Wednesday hiked its full-year growth and profitability targets after third-quarter income handily

Business|Economy|Environment|Finance|Science|Technology

US closes $5.1 billion loan to Alliant Energy for new gas power generation, energy storage

The US Department of Energy said on Wednesday it has closed a $5.1 billion loan package to Alliant Energy to expand power generation and bolster the

Business|Economy|Finance|World

RBNZ throws markets a curveball

A look at the day ahead in European and global markets from Rae Wee The shocker in Asia's trading day came from the Reserve Bank of New Zealand, which unexpectedly left rates on hold, sending the kiwi

Business|Economy|Finance|Technology

Nearly 90% of businesses are turning to tokenised money, DBS survey shows

Global adoption of tokenised money is moving faster than expected among businesses looking to improve liquidity management and access new markets, a top executive from

Business|Economy|Science|Technology

Chipmaker SK Hynix to return $75 billion to shareholders after record profit

South Korea's SK Hynix will return about $75 billion to shareholders this year, it said on Wednesday, after reporting a more than seven-fold

Economy|Political|World

US costs of Iran war rise to over $47 billion, according to Pentagon estimate

The US military has spent over $47 billion so far to prosecute the war in Iran, more than 25% higher than the Defense Department's estimate in July,

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Special master could evaluate Justice Department's claims of noncitizens on California voter rolls

A federal judge says he is considering appointing a special master to evaluate claims by the Trump administration that California has some 20,000 noncitizens on its voter rolls