Today: November 09, 2026
Today: November 09, 2026

Economy

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US Treasury sanctions Canadian money services firms over Iran-related transactions

The US Treasury said on Friday that it had imposed financial sanctions on eight money services firms based in Canada that it alleges have facilitated transactions with

Economy|Political|World

Paraguay Senate votes to impeach President Peña

Paraguay's Senate on Friday voted to remove President Santiago Peña from office over his connection to the collapse of local bank ueno, which sparked a political and

Business|Economy|Technology

Tesla’s Cybertruck heads for an exit after years of hype and division

Tesla’s Cybertruck, the hulking, stainless-steel pickup that inspired devotion and derision with its science-fiction looks, will cease production next year

Economy|Finance|Stock Markets|Technology

AI stocks bounce back after $2.5 trillion wipeout, but questions remain

AI stocks bounce back after $2.5 trillion wipeout, but questions remain

Arts|Business|Economy|Entertainment|Finance|Stock Markets|Technology|World

AI stocks halt their brutal, worldwide sell-off as Wall Street trims its loss for the week

AI stocks bounced back and recovered some of their sell-off from earlier in the week

Arts|Business|Economy|Technology

Four things to note from Friday's US jobs report

The US economy added 165,000 jobs in October — 100,000 more than expected by economists — and the unemployment rate ticked down unexpectedly to 4.1% amid a fairly broad-

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

Nasdaq rebounds but posts fourth straight weekly decline

Technology stocks bounced back on Friday from their worst drubbing in more than a year, but the Nasdaq Composite Index posted a fourth consecutive

Business|Economy|Finance|Technology

Wall Street stocks rally after heavy AI-related selloff

Wall Street equities mostly rallied on Friday, reversing course after trillions of dollars of world stock market value were wiped out

Business|Economy|Environment|Finance|Science|Technology

Google acquires Wyoming data center site from AI infrastructure firm Crusoe

Google has acquired Crusoe's data center site in southeast Wyoming, the AI infrastructure developer said on Friday, a day after the Alphabet unit announced a $17-billion investment

Arts|Economy|Environment|Finance|World

Carney welcomes Democrats' push to end Trump's tariffs on Canada after midterm victory

Canadian Prime Minister Mark Carney welcomes a Democratic push to repeal U.S. President Donald Trump’s tariffs on Canada after their sweeping midterm victory

Business|Economy|Environment|Health|Political|World

Mamdani and Hochul promise a new day for Puerto Rico after Democrats sweep midterms

New York City Mayor Zohran Mamdani and New York Gov. Kathy Hochul have pledged more support for Puerto Rico as it remains mired in multiple crises

Economy|Political|US|World

Top US House Democrat on trade issues committed to reversing 'unjustified' tariffs

US Representative Richard Neal, the Democrat who is expected to regain the chairmanship of the tax- and trade-focused House Ways and Means Committee, said on Friday that

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

Microsoft is winding down Oracle deal to rent AI cloud capacity, Bloomberg News reports

Microsoft is winding down an arrangement to rent AI computing from Oracle as part of a larger reassessment of billions of dollars in cloud partnerships, Bloomberg News reported on

Business|Economy|Finance|Stock Markets

Dollar jumps after strong US payrolls report 

The US dollar index surged on Friday and was poised for its biggest daily percentage gain in nearly five months after a stronger-than-expected US

Business|Economy|Finance

BOJ chief Ueda sees 'some upside risks' to inflation

Bank of Japan Governor Kazuo Ueda said on Friday the central bank expects underlying inflation to stay around its 2% target but

Economy

Crude gains on worries about renewed US attacks on Iran

Crude futures edged up late on Friday on renewed fears of further US strikes on Iran as US President Donald Trump said he would soon decide whether to pursue a

Business|Economy|Finance|Science|Technology

OpenAI to press ahead with data-center expansion despite midterm sweep, CFO tells CNBC

OpenAI will press ahead with its US data-center expansion plans despite a Democratic midterm sweep this week that has fueled fears of tighter scrutiny of the facilities, its Chief

Economy

Brazilian banks cut growth forecasts, raising fiscal stakes for Lula

Brazil's top lenders have slashed their economic growth forecasts for next year, threatening reelected President Luiz Inacio Lula da Silva's pledge to

Economy|Finance

Daly says Fed rate hike likely, despite 'painful' tech-stock dive

Federal Reserve Bank of San Francisco President Mary Daly said on Friday she feels the US central bank will likely need to raise rates further to bring too-high inflation down, even

Economy|Political|World

Paraguay swears in new president as Peña is put under house arrest

Pedro Alliana was sworn in as Paraguay's new president on Friday just as authorities put his impeached predecessor Santiago Peña

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Three Justice Department officials, including man behind Trump’s ‘grand conspiracy’ probe, resign since brutal midterm losses

Three Justice Department officials, including man behind Trump’s ‘grand conspiracy’ probe, resign since brutal midterm losses

Business|Economy|Finance|Sports|Stock Markets

Under Armour flags broad-based weakness, sees steeper-than-expected third-quarter sales decline

Under Armour on Friday flagged weakness across its portfolio, as the athletic apparel maker grapples with a challenging consumer environment and aggressive discounting by competitors

Economy|Europe|Finance

Central banking veterans Knot and de Cos in race to replace Lagarde at ECB

Euro zone nations nominated two central banking veterans on Friday to succeed Christine Lagarde at the helm of the European Central Bank, both

Economy|Political|Technology

US FAA administrator to testify on $12.5 billion air traffic overhaul

The head of the Federal Aviation Administration will testify next week before a House of Representatives panel on the ongoing $12.5 billion effort to

Arts|Business|Economy|Environment|Europe

AkzoNobel , Axalta gain conditional EU antitrust approval for $25 billion merger

Dulux paint maker Akzonobel and U.S. peer Axalta have secured EU approval for their $25 bln merger after agreeing to sell assets in Europe to address

Arts|Economy|Environment|Interview

Flood-damaged bridge cuts off Colorado community as officials race to rebuild before winter

Flood-damaged bridge cuts off Colorado community as officials race to rebuild before winter

Arts|Business|Crime|Economy|Education|Entertainment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Sports|Technology

Airstrikes on a market in southwestern Yemen kill at least 30, Houthis say

Iran-backed Houthi rebels say airstrikes have hit a market in southwestern Yemen, killing at least 30 people

Business|Economy|Environment|Finance|Health|Science

Jay Rockefeller, heir to famed dynasty and healthcare advocate in US Senate, dies at 89

John D.

Business|Economy|Finance|Stock Markets|Technology|US

Networking firm Extreme Networks explores sale, sources say

US networking software and equipment maker Extreme Networks is exploring a sale after attracting inbound acquisition interest, according to people familiar

Business|Economy|Finance|Stock Markets|Technology|US

Big Tech set to drive US corporate bond sales to annual record high, data shows

US investment-grade corporate

Business|Economy|Europe

Spain nominates former central bank head De Cos for ECB presidency, deputy PM says

Spain on Friday said it had put forward former central bank chief Pablo Hernandez de Cos as a candidate to succeed Christine Lagarde as president of the European Central Bank

Business|Economy|Finance

Soaring freight rates give US refiners edge as crude discounts widen

The Iran conflict has sent tanker rates soaring, forcing sellers to deepen discounts on heavy crude grades and giving US Gulf Coast refiners a

Business|Economy|Finance|Stock Markets|Technology|US

Trader angst pivots from inflation to growth as tech rout deepens

The rout in tech stocks further clouds the outlook for a global economy bolstered by the AI boom, leaving traders questioning whether

Business|Economy|Finance|Technology

US consumer sentiment improves in November; worries about AI bubble emerge

US consumer sentiment improved in early November, though concerns over the higher cost of living remained and households worried about a possible artificial intelligence

Business|Economy|Technology

New York files GM driver privacy settlement

New York on Friday filed court papers related to General Motors' $220 million settlement of allegations that the automaker without authorization sold drivers' private

Business|Economy|Finance

Canada's Ivey PMI edges higher in October as employment rises

Canadian economic activity expanded at a slightly faster pace in October as a measure of employment rose, Ivey Purchasing Managers Index (PMI) data showed on

Economy|Political

Lawyer for Fed's Cook seeks clarity ahead of any White House hearing

Federal Reserve Governor Lisa Cook's lawyer has asked the White House to address fairness and process concerns before she agrees to

Economy|Finance|Political|US

Top House financial services Democrat seeks return to committee chair, letter says

Maxine Waters, the top Democrat on the US House Financial Services Committee, asked fellow Democrats on Friday to return her to the committee chair, a

Arts|Economy|Entertainment|Finance|Technology

US continues to generate jobs, yet inflation is eroding the spending power of millions of Americans

U.S. employers created a surprising 165,000 new jobs last month, and the unemployment rate dipped to 4.1%

Business|Economy|Finance

The US economy added 165,000 jobs in October and the unemployment rate fell

The US economy added 165,000 jobs in October and the unemployment rate fell

Economy|Science|Technology|World

Japan announces emergency cybersecurity package following a wave of attacks

Japan has announced an emergency cybersecurity package that includes AI and cyber rescue teams

Economy|Finance|Technology

As tech swoon roils market, US inflation data on tap

Jolted investors head into next week with the US stock market on shaky ground, as deep selling in the pivotal AI trade creates unease ahead of the

Business|Economy|Finance|Technology

FTSE 100 posts weekly loss as AI jitters spark risk-off move

Britain's FTSE 100 fell 1% on Friday after touching a more than three-week low earlier in the session and registered a weekly decline, as AI jitters following Democrats' capture of

Business|Economy|Finance|World

US job growth beats expectations in October; unemployment rate falls to 4.1%

US nonfarm payrolls increased more than expected in October and the unemployment rate fell to 4.1%, suggesting the labor market remained resilient and

Africa|Asia|Economy|Political|World

China, Gabon elevate ties, pledge deeper mining, security cooperation

China and Gabon elevated their diplomatic ties during a state visit by the Central African nation's president to China, and are looking to deepen cooperation in the areas of

Business|Economy|Finance|Stock Markets

Canada's unemployment rate reaches six-month high

Canada's unemployment rate rose to a six-month high in October with the economy shedding a net total of 4,700 jobs, as the private sector and full-time

Business|Economy|Finance|Health

Humana lifts annual profit forecast as medical costs ease

Humana raised its full-year profit forecast on Friday after reporting lower-than-expected medical costs as the health insurer positions itself for a

Business|Economy|Technology

GE Aerospace says it signs record $12.9 billion deals at China expo

US engine maker GE Aerospace said on Friday it signed multiple sales and service agreements in China worth more than $12.9 billion during the China International Import Expo

Business|Economy|Finance|World

Strong October jobs report sends yields higher

US nonfarm payrolls rose more than expected in October and the unemployment rate fell to 4.1%, suggesting the labor market remained resilient and giving the Federal Reserve

Business|Economy|Finance|Stock Markets

S&P 500 futures pare gains after October non-farm payrolls data

S&P 500 futures pared gains on Friday after a stronger-than-expected jobs report reinforced expectation that the Federal Reserve could raise interest rates in its policy meeting next

Economy|Education|Election|Political

Young people turned out in near-record numbers for the 2026 midterms, with the economy top of their minds

Whether they went to college or not, young voters heavily favored Democrats.

Economy|Environment|Interview|Science

Uninsured and flooded out, a Colorado man worries if life will be normal again

Matthew Martinez has lived nearly all his 60 years on a piece of property on the Navajo River and never saw severe flooding until now

Business|Economy|Education

New limits on federal student loans are steering many borrowers toward private lenders

Borrowers around the country are turning to private lenders to help pay for college since the Trump administration imposed new limits on federal student loans

Economy|Environment|Science|Technology

AI data centers took a beating in the midterm elections. A reckoning may be ahead for tech giants

Opposition to artificial intelligence data centers was part of midterm races across the U.S., with campaigns featuring them in hundreds of millions of dollars' worth of TV ads and many winners pledging to clamp down on the energy-hungry behemoths

Economy|Finance|Science|Stock Markets|Technology|US

Caution over midterms and AI cash burn drives surge in US money market fund inflows

US money market funds posted their largest weekly inflow in six months in the week to November 4, as caution ahead of the US midterm elections and concerns about rising AI spending

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Analysts and investors react to AI market rout

Wall Street recovered some ground on Friday, a day after fears about tighter US regulation of AI wiped trillions of dollars off world stock markets and triggered a dash for

Economy|Environment|Political|Science|Technology

Democrats planning flood of AI bills when they take control of Congress

Democrats are planning to unleash a flood of new legislation targeting artificial intelligence systems and data-center development when they take

Africa|Economy|MidEast|Political|World

Millions of displaced Sudanese risk losing shelter as funds run low, UN warns

Millions of people displaced by Sudan's civil war risk being left without emergency shelter as funding shortfalls deplete aid stocks, the UN refugee agency UNHCR

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Tanzanian opposition leader cleared of treason, sentenced for incitement

Tanzania's main opposition leader, Tundu Lissu, was cleared of treason but convicted of incitement and sentenced to four years in jail on Friday, in a case that rights

Arts|Asia|Business|Economy|Finance|World

Japan protests Russian takeover of Japan Tobacco subsidiaries in Russia

Japan has protested to Moscow after Russia placed four subsidiaries of Japan Tobacco under temporary Russian management

Business|Economy|Finance|Stock Markets|Technology

What sparked the stock market’s $2.5 trillion sell-off?

What sparked the stock market’s $2.5 trillion sell-off?

Business|Economy|Finance|Stock Markets|US

Global equity funds post seventh straight week of inflows

Global equity funds attracted inflows for a seventh consecutive week through November 4, as major central banks held interest rates steady and crude oil prices declined, even as US

Business|Economy|Food|World

World food prices dip in October, but remain higher than a year ago

World food prices edged lower in October as weaker import demand contributed to monthly declines in cereal, dairy and meat prices, but were still

Business|Economy|Finance|Technology

Meta pauses planned terms updates, keeps existing rules in place

Meta has paused planned updates to its Commercial Terms, Product Catalog Terms, Self-Serve Ad Terms and Ad Creative Generative AI Terms, meaning the changes will not take

Arts|Economy|Environment|Interview|MidEast

Pakistan's leaders dread US Democrats' win but its households are praying for it

Pakistan's leaders spent two years courting US President Donald Trump, but after the Democrats' win in Tuesday's congressional vote, they are preparing for

Business|Economy|Science|Technology

AI boom turns chip packaging into the next battleground for semiconductors

A global race to build AI infrastructure is unleashing billions of dollars of investment in advanced chip packaging, a once unglamorous aspect of technology

Business|Economy|Finance|Technology

Airbus delivers 621 aircraft in January-October, a 6% increase

Airbus reported on Friday a 6.2% year-on-year increase in aircraft deliveries between January and October, bringing the year-to-date tally to 621.

Economy|Finance|Interview|Stock Markets

BOJ to hike in December, seek terminal rate of 2%, says ex-central bank top economist

The Bank of Japan is expected to raise interest rates in December and keep lifting borrowing costs next year until they reach 2% to combat mounting

Asia|Business|Economy|Finance|Technology

South Korean corporate reforms hit rough patch as Samsung digs in

Global investors are pressing South Korea's biggest conglomerates to speed up corporate governance reforms, saying progress

Economy|Europe|Technology

Tech wreck and roll

Traders on the world's financial markets go into next week hoping the storm engulfing tech stocks blows itself out and for no new escalation in the Iran war that sends oil prices

Business|Economy|Europe|Finance|Stock Markets

German industrial output rises 0.7% in September

German industrial production unexpectedly rose in September by 0.7% from the previous month, driven by a seasonal upswing in the car industry, the federal statistics

Business|Economy|Finance|Stock Markets|Technology|US

Investors wipe $2.5 trillion off Nasdaq as blue tsunami prompts AI fears

Tech-led Nasdaq notched its deepest one-day drop since ‘Liberation Day’ in April 2025, wiping out trillions in market value on fears of

Business|Economy|Finance|Stock Markets|Technology

Tech selloff wipes out hedge fund gains, prompting risk cuts and layoffs

A brutal global equity selloff led by technology stocks has wiped out year-to-date gains at many hedge funds, while forcing some managers to

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Russia has seized dozens of Ukrainian hotels. One owner is fighting back

In a sparsely furnished court room in western Ukraine, a clerk called up the defendant. They were met with silence.