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

Finance

Finance

Yen jumps as oil, AI and France worries rattle markets

The yen was on track for its strongest daily gain in almost a month on Thursday, as investors sought safety amid fragile equity markets, elevated crude

Business|Economy|Finance|Technology

US banks are blocking third-party AI agents access to customer accounts, sources say

Major US banks have been blocking third-party AI agents from operating inside customer accounts and making transactions, two people familiar with the situation said, following a

Business|Science|Technology

Tesla cuts spending before potential SpaceX deal even as Musk bets future on AI, robots

Tesla cut its annual capital expenditure forecast by a fifth and posted surprise positive free cash flow in the third quarter on Wednesday, after

Arts|Business|Economy|Finance|Technology

Meta puts Muse agent at heart of AI strategy, plans new stock to power investments

Meta introduced new non-voting shares on Wednesday to help fund the social media giant's costly AI expansion, as executives laid out their vision

Economy|Europe|Political

France's Macron vows order, calls foreign criticism of unrest 'stupid'

President Emmanuel Macron vowed on Wednesday to prevent a repeat of last weekend's violence at protests planned in the coming days,

Business|Finance|Science|Technology

Wall St sees Tesla-SpaceX merger as inevitable, but split on price

A Tesla-SpaceX merger appears to be a matter of when, not if, to many on Wall Street. But they disagree on a key factor: how much Tesla shareholders should be paid.

Arts|Crime|Science|Technology

An AI model’s false tip to Philadelphia police reveals how digital agents can do as they’re told and still cause trouble

An expert on AI governance explains why these rare mistakes may soon be common, and with much higher stakes.

Arts|Economy|Election

Trump’s approval rating hits a new low as midterms enter final stretch: CNN poll

Trump’s approval rating hits a new low as midterms enter final stretch: CNN poll

Arts|Economy|Europe

French 10-year bond yields hit 5%, highest since 2002

France's 10-year government bond yield hit the 5% mark on Wednesday, a new 24-year high, the latest sign of growing concern among investors over France's

Business|Economy|Travel

Alaska Air forecasts bigger-than-expected fourth-quarter loss on soaring fuel costs

Alaska Air Group on Tuesday forecast a bigger-than-expected fourth-quarter loss as soaring fuel costs continued to squeeze its profits despite strong travel demand and

Arts|Economy|Environment

US single-family housing starts plunge; building permits hit 3-1/2-year low

US single-family homebuilding fell sharply in September and permits for future construction tumbled to a 3-1/2-year low as higher mortgage rates

Business|Technology

Waymo plans to quintuple fleet to 20,000, Semafor reports

Alphabet's self-driving unit Waymo plans to expand its fleet five-fold to 20,000 by the end of next year using $5 billion it raised earlier this month, Semafor reported on Monday,

Business|Economy|Finance

China set to leave benchmark lending rates unchanged for 17th month

China is set to leave benchmark lending rates unchanged for a 17th consecutive month in October, a Reuters survey showed, after better-than-expected third-quarter GDP data

World

IMFC chair says global economy resilient; delegates walk out on Russian official

The global economy is showing great resilience but there is no room for complacency, the head of the International

Arts|Economy

BOJ may need to tighten faster if inflation beats forecast, IMF says

The Bank of Japan is "doing the right thing" by normalising monetary policy and may need to raise interest rates faster if inflation rises more than

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

Anthropic offers Blackstone double-digit yield in chip-financing deal, FT reports

Anthropic is offering Blackstone a yield of more than 10% to finance its latest chip deal, the Financial Times reported on Friday.

Uncategorized

Indonesia faces rare MSCI exclusion that could cut it off from global capital

A warning from MSCI that it may exclude Indonesia from its stock market indexes — benchmarks used

Arts

Wall Street muscles higher despite more swings for AI stocks

U.S. stock indexes muscled higher following a shaky day of trading

Business|Economy|Political

UK's Healey says banks are key to economy but keeps tax options open

British finance minister John Healey said banks were central to the country's economic future on Thursday when pressed by reporters about the likelihood

Business|Economy|Technology

Ericsson braces for component cost hit after third-quarter profit beat

Telecom gear maker Ericsson on Thursday reported a smaller-than-expected drop in third-quarter core profit as efficiency measures helped offset higher component costs,

Economy|Science|Technology

Trading Day: Tech melt

US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and

Arts|Finance

Japan's GPIF supporting global market liquidity, Mimura says

Japan's top currency diplomat Atsushi Mimura said on Wednesday the investment activities of the country's Government Pension Investment Fund (GPIF) are supporting the "

Uncategorized

European shares edge up after solid ASML results, healthcare gains

European shares notched slim gains on Wednesday after robust earnings from ASML reassured investors concerned about AI demand, while healthcare stocks

Business|Economy|Finance|Science|Technology

Brutal session for chip stocks shows AI trade is turning

A selloff in AI supplier shares on Tuesday is the strongest sign to date that the mood on the trade of the decade is shifting, with growing worries that

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Goolsbee says AI-induced inflation is 'jumping out of its lane,' Semafor reports

Federal Reserve Bank of Chicago President Austan Goolsbee said on Tuesday that inflation is starting to feel like "aggregate overheating" fueled by spillovers from the artificial

Economy|Science

A list of this year’s Nobel Prize winners

This year’s Nobel Prize awards concluded Monday after two economists won the Memorial Prize in Economic Sciences for their work on models that help manage economic shocks

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

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

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

Business|Economy|Finance

Bonds, bombs and barricades

Could bond market pain be contagious?

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

Arts|Business|Economy|Finance|Interview|Technology|World

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.

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-

Arts

Trump discloses Nvidia stock trades as he prepares to honor CEO Huang

President Donald Trump bought as much as $1.6 million and sold as much as $1 million in Nvidia stock in August, according to his latest financial

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

Arts|Asia|Business|Economy|Europe|MidEast|Technology

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

Arts

General Dynamics taps insider Danny Deep as next CEO

General Dynamics on Wednesday said President Danny Deep would take over as CEO in January, succeeding longtime chief executive Phebe Novakovic.

Economy|Europe

Italy says EU has to weigh inflation when assessing budget deviations

European Union authorities should take rising inflation into account when assessing government deviation from budget goals, Economy Minister Giancarlo Giorgetti said, arguing

Business|Economy|Finance|Stock Markets|US

Storm brewing

As the US third-quarter earnings season gets set to kick off, Wall Street's S&P 500 joined the Nasdaq in setting a new record high on Tuesday - its first in about six

Business|Economy|Technology

FICO cuts workforce by 15% as part of AI-driven restructuring

Credit-scoring giant Fair Isaac, known as FICO, said on Tuesday it would trim about 15% of its workforce as part of a broader restructuring and AI integration, becoming the latest US

Economy

Japan considers another extra budget for disaster relief, Yomiuri says

Japan is considering compiling an extra budget focused on relief spending for reconstruction efforts after disasters such as earthquakes and heavy rain, the Yomiuri newspaper

Business|Economy|Finance

Wall Street is booming. Surging yields could shake things up

Wall Street is booming. Surging yields could shake things up

Business|Economy|Finance|Stock Markets|US

Wall Street profits soar to $45.9 billion in first half of 2026, report shows

Profits for the US securities industry totaled $45.9 billion in the first half of the year, putting it on track for a new annual record, according to a report released on Tuesday by

Business|Economy|Political|Technology|World

Vance says details of proposed Alaska LNG pipeline need to be worked out

US Vice President JD Vance said on Monday that a long-planned liquefied natural gas pipeline in Alaska was going to happen, but there were still some details that needed to be worked

Business|Finance|Technology

Pinterest taps Amazon veteran James Dibbo as CFO

Pinterest said on Monday it has appointed Amazon executive James Dibbo as its chief financial officer, effective October 26.

Business|Economy|Europe

Italy services growth slows in September as costs rise, PMI shows

Italy's service sector grew in September at the slowest pace in three months, a survey showed on Monday, as cost pressures intensified once again, driven by turmoil in the

Business|Finance|Science|Stock Markets|Technology|US

Moderna to replace Warner Bros Discovery  on Nasdaq 100

Nasdaq said on Thursday that vaccine maker Moderna will replace Warner Bros. Discovery on the Nasdaq 100 index, effective October 9.  

Business|Economy|Sports

Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

Nike is deepening its restructuring under CEO Elliott Hill as its woes in China intensify, announcing a plan to cut more jobs and shake up its

Arts|Economy|Entertainment|Science|Technology

US mortgage rates jump by most in 4 years in latest week

The interest rate on the most common US home loan shot up by a quarter percentage point this week to the highest in almost three years on the back of surging government bond yields,

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Global stocks weather third-quarter AI, bond and crude maelstrom

Stock market investors might have been expected to run for the hills in the face of an extraordinary surge in global borrowing costs, currency interventions,

Business|Education|Entertainment|Sports

Northwestern University set to open new Ryan Field built for more than football

Northwestern University set to open new Ryan Field built for more than football

Business|Economy|Finance

BOJ's policy pivot opens scope for faster rate hikes

The Bank of Japan expects interest rate increases to happen faster and more regularly in future as it pre-empts risks of an inflation overshoot, sources said

Business|Education|Finance|Technology

Hedge fund CEO Ken Griffin donates $3 billion to Carnegie Mellon as part of his bet on Florida

Hedge fund CEO Ken Griffin donates $3 billion to Carnegie Mellon as part of his bet on Florida

Business|Economy

UK economy grew faster than thought in second quarter, cementing G7 lead

Britain's economy grew more quickly than previously thought in the second quarter, consolidating its position as the fastest-growing Group

Uncategorized

JPMorgan appoints Mark O'Donovan as head of human resources, memo says

JPMorgan Chase has appointed Mark O'Donovan as its head of human resources, effective January next year, succeeding Robin Leopold, CEO Jamie Dimon said in a memo seen by Reuters on

Business|Science|Technology

Visa joins growing alarm over AI-powered risks

Visa has open-sourced part of its AI-powered cyber defence system after "humbling" lessons from vulnerabilities exposed by AI models, as the payments giant

Business|Science|Technology

Anthropic says its AI models pose ‘existential risk to humanity’ in leaked IPO filing: report

Anthropic says its AI models pose ‘existential risk to humanity’ in leaked IPO filing: report

Arts|Business|Finance|Technology

Oura joins wave of IPO delays as markets turn shaky

Smart ring maker Oura postponed its U.S.

Finance

Brazil debt profile worsens as floating-rate share hits fresh high

Brazil's share of debt linked to the benchmark Selic rate jumped to 52.7% in August from 51.1% in July, Treasury data showed on Monday, extending a deterioration in the

Economy|Finance

Russia raises 2027 military spending by 27%, budget documents show

By Darya Korsunskaya MOSCOW, Sept 28 - Russia plans to spend 17.1 trillion roubles ($202.58 billion) on defence in 2027, around 27% more than the 13.5 trillion roubles originally budgeted and the

Business|Economy|Political

Australia posts budget deficit of $15.7 billion for 2025/26 financial year

Australia reported a final budget deficit of A$22.3 billion ($15.65 billion) for the year to June 2026, better than previously expected, as lower spending and stronger tax

Business|Economy|Finance|Stock Markets|Technology

Stablecoin firm Circle finance chief Fox-Geen to step down

Stablecoin giant Circle Internet Group said on Friday its chief financial officer, Jeremy Fox-Geen, plans to step down after more than five years in the role.

Business|Economy|Finance

A reprieve from rising oil prices helps US stocks finish the week higher

A cooldown in oil prices helped release some of the pressure that’s built up on Wall Street, and U.S. stocks closed out their first winning week in the last three

Arts|Economy|Europe

Canada July retail sales fall 0.7%; seen up 1.3% in August

Canadian monthly retail sales fell by 0.7% in July, marginally better than an average of analysts' expectations, primarily led by declines at general

Finance|Technology

BNP Paribas to keep sensitive data off public cloud despite Google deal

BNP Paribas will keep some sensitive customer data and critical operations off public cloud infrastructure even after signing a five-year cloud and AI partnership

Arts|Business|Economy|Environment|Technology|World

Diplomacy takes a back seat

A look at the day ahead in European and global markets from Rocky Swift With the effects of surging oil prices cascading through markets and supply chains, diplomatic efforts to settle simmering trade

Business|Economy|Finance|World

BOJ could raise rates every quarter, ex-policymaker says

The Bank of Japan is expected to raise interest rates roughly once every three months and push them up to 2% by around June next year to

Business|Finance|Technology|World

Microsoft plans $10 billion-plus Gulf investment with focus on resilience

Microsoft is planning to invest more than $10 billion across the United Arab Emirates, Saudi Arabia, Qatar and Kuwait between now and 2030, including in

Economy|Election|Finance

Morocco reports lower turnout in parliamentary elections

Morocco's interior ministry reported a lower turnout of 38.02% in the country's parliamentary election on Wednesday, down from 50% in the last vote in

Business|Economy|Finance

China central bank to inject more liquidity as Golden Week nears

China's central bank said on Wednesday that it would inject up to 1 trillion yuan ($149 billion) per day via short-term liquidity tools around the turn of the month as

Arts|Economy|Environment|Technology

Corporate finance chiefs lift inflation outlook, cite rates as concern - Fed survey

Company chief financial officers expect higher inflation this year and next, and have begun to cite rising interest rates as a top concern,

Africa|Asia|Australia|Business|Economy|Europe|Finance|Stock Markets|US|World

A$ gets a bit part as AI steals the show

A look at the day ahead in European and global markets from Wayne Cole.

Crime|Europe|MidEast|Political

Spain clears way for US extradition case against millionaire activist

Spain clears way for US extradition case against millionaire activist

Arts|Education|Entertainment|Finance|Food|Lifestyle|Science|Sports|Technology|US|World

Corporate bond buyers get picky with flood of AI debt

The market for highly rated corporate credit has split in two: bonds issued by AI-related firms are being met with caution, while those sold