Today: November 12, 2026
Today: November 12, 2026

Economy

Arts|Economy|Technology

Wall St opens lower after Nvidia CEO steps down

Wall Street's main indexes opened lower on Thursday after Nvidia said CEO Jensen Huang was stepping down, leaving the AI industry without its biggest champion.

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Fed's Hammack signals support for gradual rate-hike path

By Michael S.

Business|Economy|Finance|Science|Stock Markets|Technology

Investors worry the AI trade might lose Nvidia's largesse after Huang

As chip giant Nvidia's chief Jensen Huang stepped down on Thursday, investors' biggest fears were as much about the future of the multitrillion-dollar

Business|Economy|US

USPS plans 11% package fuel surcharge but no first-class stamp hike

The cash-strapped US Postal Service said on Thursday it is seeking ​approval for an 11% price hike for domestic priority mail and ‌package deliveries

Africa|Americas|Arts|Asia|Australia|Business|Economy|Environment|Europe|MidEast

Ireland faces pressure to stop sending Russia an ingredient vital to its war on Ukraine

A cargo ship is set to leave Ireland for Russia with alumina, a white powder that experts say is likely used to make weapons

Economy|Environment|World

Oman monitors handling of oil tanker run aground off its coast

Oman's National Emergency Management Committee discussed on Thursday the latest developments in handling the grounding of an oil tanker off Al Qibliyah Island and the

Business|Economy|Finance

Brazil inflation remains above goal despite softer-than-expected October reading

Consumer prices in Brazil rose less than expected in the 12 months through October but remained above the central bank's target range, as policymakers vow to keep using

Economy|Political|World

Trump threatens to double tariffs on Mexico if it does not halt migrants

President Donald Trump threatened on Thursday to double tariffs on Mexico if it does not stop more than a thousand migrants walking north

Business|Economy|Finance

Keurig Dr Pepper plans $2 billion stock offering to cut debt ahead of split

Keurig Dr Pepper said on Thursday it plans to raise $2 billion through an underwritten public stock offering, as the beverage maker seeks to reduce debt ahead of its planned breakup

Arts|Business|Crime|Economy|Europe|Health|MidEast|World

Israeli strike on Gaza hospital kills at least 6, including doctor and child, Palestinian officials say

Israeli strike on Gaza hospital kills at least 6, including doctor and child, Palestinian officials say

Business|Economy|World

Russian delegation visits Afghanistan to discuss trade and investment with the Taliban

A Russian delegation led by Deputy Prime Minister Alexei Overchuk has arrived in Kabul for trade and investment talks with Afghanistan's Taliban government

Economy|Finance

While California’s wealth tax failed, states are taking other steps to collect more revenue from the rich

Income tax increases and surcharges on high earners are cropping up around the country, along with taxes on the extra homes that the wealthiest Americans own.

Arts|Business|Economy|Finance|World

US jobless claims tick up to 200,000 but remain low by historic standards

More Americans applied for unemployed benefits last week, but jobless claims remain at historically low levels, layoffs are rare and most workers enjoy unusual job security

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At least 8 killed, 17 hurt in Brooklyn building collapse, officials say

At least 8 killed, 17 hurt in Brooklyn building collapse, officials say

Business|Economy|Health|Science

US FDA shelves commissioner's voucher program for speedy drug reviews, sources say

The US Food and Drug Administration has shelved the fast-track drug review initiative launched during the Trump administration by

Economy|Europe

ECB set for last rate hike in December but inflation risks keep door open for one more: Reuters poll

The European Central Bank will deliver a final deposit rate hike in this cycle next month, according to most economists polled by Reuters, although more

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South Africa's ANC spokesperson: leader Ramaphosa is not under pressure to resign

The leader of South Africa's African National Congress (ANC), President Cyril Ramaphosa, is not under pressure to resign, the ANC's spokesperson said on Thursday,

Business|Economy

Stellantis prolongs stoppage of Fiat 500 plant, unions say

Stellantis' historic Mirafiori plant in northern Italy, which makes the Fiat 500 city car, will remain shut next week, extending a production halt into a fifth week, unions

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AI shakeout lands convertible investors better terms

The autumn rout in AI stocks has reset the market for convertible securities often used by technology firms keen to raise funds cheaply, in a

Economy|Finance|Technology

Nvidious

Just when tech stocks looked to be finding their feet again, chip behemoth Nvidia plunged almost 10% overnight on reports its board may now oust troubled CEO Jensen

Business|Economy|Election|Political|World

Can a new US Congress mean an end to the Iran war?

The American public wants the unpopular eight-month-long war on Iran to end, and showed it by handing President Donald Trump's Republicans a

Africa|Americas|Asia|Business|Economy|Europe|Finance|MidEast

India's inflation breaches central bank's 6% limit, bolsters case for rate hikes

India's retail inflation surged to 6.09% in October, breaching the central bank's 6% limit for the first time under the new series,

Business|Economy|Finance|Science|Technology

How Anthropic stacks up against some of the biggest US IPOs

Anthropic is set to hold an IPO, giving the company a valuation of up to $1.4 trillion, the latest affirmation of Wall Street's appetite for AI.

Economy|Europe|Political

Spain approves housing measures after huge protests. Their duration may depend on election result

Spain’s interim lower house of parliament has ratified housing measures designed to limit evictions and real estate speculation

Business|Economy|Political|Sports

Manchester United fires Michael Carrick as head coach, lines up US coach Mauricio Pochettino

Manchester United fires Michael Carrick as head coach, lines up US coach Mauricio Pochettino

Business|Economy|Science|Technology

Most large firms plan higher open-weight AI use to cap bills, study shows

Nearly 6 in 10 senior executives at large companies plan to increase their use of cheaper open-weight AI models over the next year as AI bills overshoot budgets, a

Arts|Business|Economy|Finance|Technology

Alphabet raises $3.8 billion in first Hong Kong, Singapore dollar bonds

Google parent Alphabet is raising about $3.8 billion through its first Hong Kong and Singapore dollar bond offerings, according to term

Business|Economy|Science|Technology

US humanoid robot production could hit 400,000 by 2030 as deployment ramps, J.P. Morgan says

Humanoid robot production in the US will hit 300,000-400,000 units by 2030 and about 1.5 million units by 2035, J.P.

Business|Economy|Europe|Finance|Technology

Setback for Google as EU Court adviser backs $1.7 billion antitrust fine

Google suffered a setback on Thursday as an adviser to Europe's top court faulted a lower tribunal's decision to scrap a €1.49 billion ($1.7 billion) fine levied against

Business|Economy|Europe|Finance|Stock Markets

European shares hit record high helped by strong earnings and lower energy prices

European shares hit a record high on Thursday, building on gains driven by a strong third quarter earnings season and the recent drop in energy prices.

Business|Economy|Technology

Taiwan's Foxconn bullish on outlook but warns about supply chain tightness

Taiwan's Foxconn, the world's largest contract electronics maker, said on Thursday it was confident about its business next year

Economy|Election|Europe|Finance|Political

ECB's Lagarde would rival centrists in French presidential race, poll shows

Departing European Central Bank President Christine Lagarde would fare as well as center-right candidate Edouard Philippe if she ran in France's presidential election next

Business|Economy|Finance|World

AI spending helps lift UK growth to fastest since early 2024

Britain's economy grew at the fastest rate in two-and-a-half years in the third quarter of 2026, helped by investment in artificial

Business|Economy|Finance|Stock Markets

Citi turns to China Inc.'s global expansion, yuan to grow cross-border business

Citi is aiming to ride Chinese businesses' global growth and the expanding use of the yuan around the world to boost its currency trading and

Business|Economy|Finance|Science|Technology

Nvidia's Asian supply chain prepares for life after Huang

US chip giant Nvidia's partners and suppliers across Asia, from memory chip powerhouse South Korea to advanced chipmaking

Asia|Economy|Political

What is ASEAN and why does the bloc matter?

Major powers will join a summit next week of Southeast Asian nations hosted by the Philippines against one of the most complex backdrops for the regional bloc,

Business|Economy|Finance|Technology

Public funds ploughing cash into AI will 'own' megatrends shaping economy

Sovereign wealth fund assets are set to surge nearly 50% to $22.4 trillion by 2030 as state-backed investors deepen their involvement in artificial

Business|Economy|Europe|Finance

European business sentiment picks up,  inflation worries grow, survey finds

Sentiment among European companies has picked up across industry and services since June, but there are growing concerns about rising inflation and

Arts|Business|Economy|Environment|Technology

Taiwan is taking part in APEC China summit on an 'equal basis,' president says

Taiwan is participating in this year's APEC leaders' summit in China on the principle of interaction on an "equal basis",

Asia|Business|Economy|Technology|World

In APEC host Shenzhen, China’s next-gen startups still bank on foreign buyers

The billboards along the thoroughfares of this metropolis welcome US President Donald Trump and other world leaders next week with a futuristic

Economy|Political|World

US says China agreed importance of leader-level talks to advance denuclearization

US Secretary of State Marco Rubio and Chinese Foreign Minister Wang

Business|Economy|Technology|Travel

JetBlue president says airlines should follow customers' lead on AI booking agents

JetBlue Airways' President Marty St.

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Australian corporate watchdog sues CBA over alleged business customer overcharging

Australia's corporate regulator said on Thursday it has launched civil penalty proceedings against Commonwealth Bank of Australia in the Federal Court over allegations it

Economy|Travel|World

South Korea's President Lee to visit Philippines, attend APEC summit in China

South Korean President Lee Jae Myung will visit the Philippines and China from November 16 to 19 to attend the South Korea-ASEAN summit in Manila and APEC summit in Shenzhen,

Business|Economy|Science|Technology

South Korea's Lee says Samsung chip packaging expansion to spur $30 billion additional investment

South Korean President Lee Jae Myung said on Thursday that Samsung Electronics' 6 trillion won ($4.48 billion) investment in a high-bandwidth memory (HBM) chip packaging

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Japan's Mimura says markets shouldn't forget intervention risks as yen nears 160

Japan's top currency diplomat Atsushi Mimura on Thursday warned market participants that it's "too early to forget" this summer's

Arts|Economy|Education|Environment|Travel|World

Pope Leo returns to a national celebration in his second homeland of Peru

Pope Leo XIV has declared Peru his “homeland” as he arrived in Lima Wednesday at the start of his historic visit

Arts|Business|Economy

Alaska judge rules a request by Peltola campaign for ballot data in Senate race is 'not reasonable'

An Alaska judge has ruled that a request by Democratic U_S_ Senate candidate Mary Peltola’s campaign for a list of absentee voters whose ballots have been rejected is “not reasonable."

Arts|Asia|Business|Economy|Finance

Dollar near one-month high as yen edges toward 160 

The dollar held near a one-month high against major peers in early Asian trading on Thursday, supported by growing expectations of a Federal Reserve rate