Today: October 15, 2026
Today: October 15, 2026

Economy

Business|Economy|Europe|Finance

Italian growth outlook brightens but slowdown ahead, business lobby says

Italy's economy will grow by 1% this year, the country's main business lobby Confindustria forecast on Wednesday, hiking a previous 0.5% estimate made in March but warning

Economy|Finance|Sports|World

FIFA will propose $6.3 billion funding for soccer development, AP sources say

FIFA will propose to its members a $6.35 billion fund for soccer development between 2027 and 2030, including a boosted amount of $25 million for each national association, two people with knowledge of the plan and a letter reviewed by The Associated Press confirmed on Tuesday

Economy|Environment|Food|MidEast

Gazans harvest dregs of olive groves bulldozed and cut off by Israel

Haidar Abu Middain, 60, lifts a desiccated bough of a fallen olive tree and tosses it aside in the barren dirt of what was once one

Arts|Asia|Business|Economy|Environment|Technology

Taiwan plans to buy liquefied natural gas from Alaska pipeline project

Taiwan is planning to buy liquefied natural gas from a U.S. project once extraction starts and could invest up to $4.4 billion in it

Economy|Finance|Political

UK finance minister Healey set to pay for budget measures without more borrowing, FT reports

UK finance minister John Healey is expected to pay for new initiatives in this month’s budget, including a cost-of-living package, with

Arts|Asia|Economy|Europe|Finance|MidEast|Stock Markets|US

Pressured at home, EU leaders weigh China trade steps

European leaders gather in Brussels on Thursday to weigh up the future of trading ties with China, whose surging exports of cars and other

Economy

IMF urges members to stock up funds for low-income, vulnerable states

IMF chief Kristalina Georgieva on Wednesday warned that current economic developments and the rapid advance of AI threaten to deepen the

Business|Economy|Health|Technology

Galderma to buy US firm ZO Skin Health for $1.5 billion

Swiss skincare firm Galderma has agreed to acquire US company ZO Skin Health for an enterprise value of $1.5 billion, it said on Wednesday, confirming a report published by

Asia|Economy

A new bridge linking China and North Korea will open more than a decade late

A new bridge linking China and North Korea is set to open Thursday after more than a decade of delay

Business|Economy|Finance|Stock Markets|US

Let the doves sing

A look at the day ahead in European and global markets from Rocky Swift With US Federal Reserve officials singing a less hawkish tune overnight, Singapore kept the dovish trend rolling with a surprise

Business|Economy

High gasoline prices expected to boost US consumer inflation in September

US consumer prices likely surged in September, driven by rising gasoline and food costs, and adding to a string of unfavorable developments for President Donald Trump

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

Vietnam says trade talks with US nearly completed; US officials more cautious

Vietnam and the US have nearly completed negotiations covering a trade deal, Vietnamese Deputy Prime Minister Pham Gia Tuc said on

Economy|Science|Technology

Kamala Harris warns window closing for AI safeguards, urges US-China cooperation

Former US Vice President Kamala Harris urged governments and technology companies on Wednesday to urgently put safeguards in place for artificial

Arts|Economy|Europe|Finance

ECB President Christine Lagarde signals no intervention in France’s fiscal crisis

ECB President Christine Lagarde signals no intervention in France’s fiscal crisis

Asia|Business|Economy|Finance|World

China’s trade surplus nears record as pressure mounts from trading partners

China’s trade surplus reached $938 billion for the first nine months, with expectations growing that it could surpass last year’s full-year $1.2 trillion record

Business|Economy|Environment|Science|Technology

China September rare earth exports rise 6.7% from a year earlier

China's exports of rare earths in September rose 6.7% from the prior year, customs data showed on Wednesday, as overseas buying improved after a summer lull.

Economy

House Democrats plan a first 100-days agenda if they sweep to power in midterm elections

Democrats are preparing an ambitious 100-days agenda if they win the House majority in the midterm elections

Arts|Economy|Environment|Health|Political|Science

Iowa faces a reckoning over water quality and cancer rates in midterm campaigns

Iowa is grappling with water quality and cancer rates, bringing these issues to the forefront of state politics

Asia|Business|Economy|Finance|World

Asia must guard against another financial crisis, Philippines central bank chief says

Asian countries must remind themselves about what happened during the region's financial crisis in the late 1990s and guard against a recurrence of such

Economy|Finance

IMF dials up calls for urgent fiscal consolidation

The International Monetary Fund on Wednesday issued an urgent call for advanced economies and others to reduce government spending, cut deficits and lower

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Iran shifting tactics to step up attacks on shipping before US vote, officials say

Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil

Business|Economy

How Singapore's unique monetary policy works

Singapore's central bank kept its monetary settings unchanged on Wednesday, surprising analysts who expected a tightening, with the economy projected to

Economy|Election|Political

Sen. Collins says Trump 'did not have a good plan' on Iran war

Tonight’s Maine Senate debate turned immediately to the Iran war when GOP Sen. Susan Collins and Democrat Troy Jackson were asked how to help lower heating costs in Maine.

Arts|Business|Economy|Election|Finance|Science|Technology

Rep. Collins and Sen. Ossoff clash over Epstein files in Georgia debate

Republican Rep. Mike Collins attacked Democratic Sen. Jon Ossoff over campaign donations from LinkedIn co-founder Reid Hoffman, who has acknowledged meeting Jeffrey Epstein, while Ossoff countered accusing Collins of voting against releasing Epstein-related records, and helping to "cover up" evidence.

Crime|Economy|Political|World

After surging troops to the border, US military showcases a quieter Rio Grande

The U.S. Army is deploying hundreds of soldiers to Texas' Rio Grande Valley in response to what it says are signs of elevated activity from Mexican drug cartels

Economy

Trump administration to expand a Delek Texas refinery using Defense ​Production ⁠Act

The Trump administration will use the ​Cold War-era Defense ​Production ⁠Act to expand the processing capacity of a refinery in Texas owned by Delek US Holdings, Vice

Business|Economy|Europe|Science|Technology|US

Trump says US still sharing intel, even as Ukraine reports attacks with no warnings

US President Donald Trump said on Tuesday that Washington was still sharing intelligence with Ukraine, even as Kyiv reported new Russian

Business|Economy|Finance|Technology

Televisa, Fintech to take on America Movil with $2 billion purchase of AT&T's Mexican unit

Grupo Televisa and Fintech Holdings have agreed to buy AT&T's Mexican unit for $2 billion in cash, setting up a showdown with telecoms giant America

Business|Crime|Economy|Finance|Political

BofA fined $1.2 billion by US government for failing to police suspicious activity

Bank of America has been fined $1.21 billion by US regulators for widespread failures to detect potential money laundering and other

Arts|Business|Economy

US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws

The U.S. Treasury Department says it’s imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws

Economy|Interview

Fed's Williams sees no need for rate hike in 2027, Bloomberg News reports

By Michael S.

Economy|Health|Science|Technology

Social Security benefits will rise 3.6% in 2027, but that may not be enough to offset healthcare costs

Some advocates for older Americans want the government to change the index used for this adjustment to one more tailored to their spending patterns.

Arts|Economy|Science|Technology

US stocks edge back from their record following the first big batch of profit reports for the summer

The first big batch of summertime profit reports from U.S. companies made waves on Wall Street after topping analysts’ expectations, but many canceled each other out

Business|Economy|Europe|Finance|Technology

AI limiting European workers' bargaining power, ECB's Lane says

The increased use of AI by euro zone companies could curb workers' ability to demand higher wages while heavy investment into the new technology may be materially

Arts|Business|Economy|Finance|Science|Technology|World

Tencent raises $5.7 billion in debt sale as demand defies AI scrutiny

Tencent Holdings has raised about $5.7 billion through US dollar and offshore yuan debt offerings on Tuesday, drawing combined

Arts|Business|Economy|Finance|Science|Technology|World

World stocks dip on AI spending concerns; Brent settles lower

World stocks edged lower on Tuesday as concerns about AI spending weighed on chipmakers and investors looked ahead to more US corporate

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MI5 chief says Iran is targeting military sites and suspected plot at RAF Fairford is 'not unique’

The head of MI5 says Iran is trying to hit military sites in the U.K. and the suspected plot to attack a U.S.-run military air base in September is not unique

Business|Economy|Finance|Technology

Kroger to lay off 3,000 corporate employees over 3 years as it leans into artificial intelligence

Grocery store chain Kroger says it will lay off 3,000 corporate employees over the next three years as it ramps up its use of artificial intelligence to streamline operations

Economy|Political|Sports

English soccer's regulator insists there will be no political pressure in Man City case

The chair of English soccer’s regulatory body has said he would resign if there were any political interference over potential sanctions for Manchester City

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

Economy

Republicans face midterm backlash from factory workers squeezed out of jobs by Trump's tariffs

President Donald Trump's tariffs are turning factory workers against his Republican Party over fears the import taxes could lead to fewer jobs instead of the manufacturing renaissance he promised

Africa|Americas|Arts|Asia|Business|Crime|Economy|Environment|Europe|Lifestyle|MidEast

Trump says Houthis trying to drive up oil prices ahead of US midterm elections

President Donald Trump on Tuesday accused Yemen's Houthi militants of deliberately trying to drive up oil prices ahead of the US midterm

Arts|Business|Economy|Environment|Europe|Finance|MidEast|Science

Oil prices settle mixed, focus on US-Russia diesel deal, Saudi Yemen attacks

Oil prices were mixed on Tuesday as hopes the US-Russia diesel deal could free up more supplies from Moscow offset attacks in Saudi Arabia and Yemen that could

Economy|Political

Trump's diesel deal with Putin draws criticism from a frustrated Congress

The deal that President Donald Trump reached with Russian President Vladimir Putin to import tons of Russian diesel is drawing concern from Congress

Business|Economy|Finance|Stock Markets

Citi profit tops estimates on higher investment banking, services and wealth revenue

Citigroup beat Wall Street estimates for third-quarter profit on Tuesday, helped by stronger investment banking revenue and transactions

Business|Economy|Finance|Technology

Chip selloff pulls European stocks back from one-week high

Europe's STOXX 600 ended marginally lower on Tuesday, retreating from a one-week high, after a sharp selloff in chip stocks overshadowed optimism from

Business|Economy|Finance|Stock Markets

Big banks post strong Q3 profits, but warn higher rates and inflation could bite

Wall Street’s biggest banks have reported another strong quarter as U.S. consumers continue to pay bills and businesses invest in AI

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CVS agrees to pay $315 million to settle Justice Department case over opioid prescriptions

CVS Pharmacy Inc. and various subsidiaries have agreed to pay $315 million to resolve a Justice Department case alleging it unlawfully dispensed medically unnecessary prescriptions of highly addictive opioids

Business|Economy|Europe

As EU debates local-content rules, Chinese automakers are already adapting

As Europe debates new local-content rules aimed at boosting

Business|Economy|Political

Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden

Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden

Arts|Business|Economy|Finance|Interview|Technology

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

Business|Economy|Finance

Fitch warns bond yield surge is worsening debt outlook for developed economies

Rising government bond yields are making it much harder for major developed economies to stabilise debt burdens, with countries including France, the US and Britain facing

Business|Economy|Health

Walmart to offer 250-plus free medications, including GLP-1s, to employees

Walmart on Tuesday introduced a plan to offer employees more than 250 medications, including GLP-1s, insulin and inhalers at no cost, as the retailer expands healthcare benefits for

Africa|Americas|Arts|Asia|Australia|Business|Economy|Europe|Finance|MidEast|Science|Technology|World

Dollar retreats from 18-month high as oil prices fall, inflation data in focus

The dollar slipped from an 18-month high on Tuesday as oil prices retreated and investors reassessed the AI-fueled rally that has supported demand for US

Arts|Economy|Europe|MidEast|Science|Technology

Why billions spent on defense haven’t shielded Saudi Arabia from Houthi attacks

Why billions spent on defense haven’t shielded Saudi Arabia from Houthi attacks

Business|Economy|Finance

US existing home sales rise in September; higher mortgage rates dim outlook

US existing home sales unexpectedly increased in September, but the trend stayed subdued against the backdrop of rising mortgage rates and still higher

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

S&P 500 opens lower after bank earnings; chips weigh

The S&P 500 and the Nasdaq opened lower on Tuesday as chip stocks came under selling pressure again, while investors assessed a mixed set of quarterly results, including reports

Business|Economy|Finance|Stock Markets

Higher yields revive the case for a new-look 60/40 portfolio

US investors are favourably reassessing the traditional 60% stock, 40% bond portfolio strategy as a selloff in government debt lifts yields to levels

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Iran and Russia are stepping up hybrid campaigns in Britain, UK spy chief says

Iran is stepping up attempts to hit harder targets such as military sites in Britain and Russia is increasing its hybrid warfare against Ukraine's allies,

Business|Economy|Finance|Stock Markets

Goldman Sachs beats quarterly profit estimates on equities strength

Goldman Sachs on Tuesday beat third-quarter profit estimates as dealmaking remained steady and volatile markets tied to the Middle East conflict

Business|Economy|Finance|Stock Markets

US grocer Albertsons pulls annual outlook, accelerates turnaround efforts

Albertsons withdrew its fiscal 2026 forecasts on Tuesday and launched a review of its business aimed at cutting costs, lowering prices and reversing sluggish

Arts|Economy|Finance

European luxury's $350 billion blowout

European luxury firms have seen some $350 billion in value knocked off their combined market capitalizations this

Arts|Business|Economy|Entertainment|Finance|Food

Domino's forecasts muted annual same-store sales as competition, cautious consumers weigh on demand

Domino's Pizza on Tuesday scaled back its full-year sales outlook, warning that US and international comparable sales growth would remain muted, sending shares down about 3% in

Business|Economy|Finance|Stock Markets

LSEG in talks to buy Permira-owned Octus data group for about $3.5 billion

The London Stock Exchange Group confirmed on Tuesday it is in talks with private equity firm Permira to acquire financial data group Octus for about $3.5

Economy|Environment|Food|Science

Americans are stressed about grocery prices, so why do they toss or overlook so much ‘misfit’ food?

Quality, rather than discounts or environmental benefits, is what’s needed to encourage shoppers to consider odd-shaped produce.

Arts|Business|Economy|Europe|Finance|MidEast|World

Saudi leads jump in OPEC+ oil output in September, despite Iran war disruption

By Alex Lawler and Olesya Astakhova LONDON, Oct 13 - Oil producer group OPEC+ posted a sharp gain in production in September, OPEC said on Tuesday, driven by an increase from Saudi Arabia despite

Arts|Business|Economy|Environment|Europe|Technology

European automakers urge support as VW warns of 'enormous pressure'

European automakers urged policymakers on Tuesday to do more to help them cope with Chinese competition and the shift to electric

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Trump says he does not believe China and Russia help Iran, contradicting US intelligence

President Donald Trump said on Monday he did not believe that China and Russia were helping Iran "at all," even as US

Economy|Europe

Tensions flare over the EU’s next long-term budget ahead of unpredictable elections in 2027

Political tensions are rising over the European Union's next long-term budget

Business|Economy|Europe|Technology|World

China's carmakers expand their presence in Europe

Chinese automakers are expanding in Europe, betting on their competitive pricing and advanced technology to break into a market traditionally dominated by European and American

Economy|Finance|Travel|World

Airlines cancel flights to Saudi Arabia after Riyadh airport attacks

Airlines are cancelling flights to Saudi Arabia following the deadly weekend attacks on Riyadh airport by Yemen's Iran-aligned Houthis, extending disruption to air travel across the

Economy

‘I’m strapped every month.’ Seniors struggle as inflation continues to outpace Social Security benefits

‘I’m strapped every month.’ Seniors struggle as inflation continues to outpace Social Security benefits

Business|Economy|Europe

BMW deliveries fall 6.3% in third quarter as China sales slump

BMW reported on Tuesday a year-on-year 6.3% decline in global vehicle deliveries in the third quarter, as sales in China fell by a quarter.

Economy|Europe|Finance

Germany's Merz: I will prioritise welfare reform over popularity

German Chancellor Friedrich Merz said on Tuesday he was ready to sacrifice his popularity in opinion polls to push through long-overdue welfare system reforms that