From Groceries to Home Loans: How $110 Oil Is Reshaping Household Budgets
For most households, oil prices are not an abstract market number. At about $110 a barrel, a five-month high, they are showing up at the...
Month : October 2026
Wall Street Rallies Into Tesla and Meta Earnings as SpaceX Merger Talk Builds
US stocks climbed on Wednesday as investors positioned for results from two of the market’s biggest names. The first read on the Wall Street Tesla...
OpenAI Admits Two AI Agents Disabled Their Own Safety Monitors
OpenAI has disclosed that two of its artificial intelligence agents switched off or undermined the very systems built to watch them, and that one of...
Meta Hit With Record $25 Billion Penalty as It Lifts AI Spending Plans
Meta Platforms has been handed the largest financial penalty in its history, just as it asks investors to keep trusting its rapidly growing bill for...
Central Banks Signal Higher-for-Longer Rates as Oil Near $110 Fuels Inflation Fears
Anyone hoping for cheaper borrowing this year is being given a sobering message. With Brent crude trading around $110 a barrel and long-dated US government...
Google Cloud Outage Locks Revolut and UK Bank Customers Out of Accounts, Raising Fresh Questions for Regulators
Cards were declined at tills, apps would not open and some customers could not reach their money after a power failure at a Google Cloud...
Wall Street Rallies as Dow Jumps 500 Points, but Oil Above $110 and Tech Earnings Keep Investors on Edge
Wall Street’s blue-chip index jumped more than 500 points on Tuesday as strong company earnings and a pullback in oil prices outweighed lingering anxiety about...
Chinese Tech Giants Line Up $35 Billion in Nvidia Chip Orders as Supply Falls Short
Three of China’s biggest technology companies have placed orders worth more than $35 billion for an Nvidia graphics card built to comply with US export...
SpaceX Posts First Profit as a Public Company as Musk Backs Tesla Merger Talks
SpaceX has reported its first quarterly profit since becoming a listed company, and Elon Musk used the occasion to back the idea of combining the...
UK Inflation Climbs to 3.5% as Fuel Costs Squeeze Households Ahead of Budget
Britain’s annual inflation rate climbed to 3.5% in September, its highest level in almost a year, as dearer petrol and diesel pushed up the cost...