US Inflation Report Looms as Oil Shock Tests the Fed’s Next Rate Move
The US Labor Department is due to publish its September consumer price index at 8:30 am Eastern on Wednesday, 14 October, and few releases this...
Month : October 2026
Wall Street’s Biggest Banks Open Earnings Season as Rising Rates and Weaker Dealmaking Test Profits
Wall Street’s biggest banks begin reporting third-quarter results today, giving investors their first broad look at how lenders have fared through a period of rising...
Wall Street Stalls as Investors Rotate Out of Tech Ahead of Bank Earnings and Inflation Data
US stocks ended Monday little changed as investors moved money out of technology shares and into more traditional blue-chip names. That left the S&P 500...
Hackers Heat Hundreds of French Supermarket Fridges to 50C in “Unprecedented” Cyberattack
Hackers raised the temperature of refrigerators and freezers at hundreds of French supermarkets to as high as 50 degrees Celsius (122 Fahrenheit), spoiling food and...
IonQ Agrees $1.3 Billion Deal for Elisity as the Quantum Race Moves Into Cybersecurity
IonQ, the quantum computing company, has agreed to buy the cybersecurity firm Elisity in an all-stock deal valued at up to $1.3 billion. The move...
Oil Above $100 and Bond Yields Near Multi-Decade Highs Leave the Fed Little Room to Ease
Oil has climbed back above $100 a barrel, and government bond yields are hovering close to their highest levels in more than two decades. The...
RBI Begins Rate Meeting With a Hike in Focus as Inflation, Costly Crude and a Weak Rupee Weigh on Policy
India’s central bank has opened a closely watched policy meeting with the possibility of an interest-rate increase firmly on the table, as rising inflation, expensive...
Foxconn Reports 47% Jump in Quarterly Revenue as Demand for AI Servers Powers Record Sales
TAIPEI — Foxconn, the world’s largest contract electronics maker, has posted a 47% jump in third-quarter revenue, offering one of the clearest signs yet that...
Schneider Electric Agrees $22.6 Billion Takeover of PTC in Largest Deal in Its History
PARIS — Schneider Electric has agreed to buy the US industrial software company PTC for about $22.6 billion in cash, a deal that ranks as...
US Treasury Yields Climb to Their Highest Levels in More Than Two Decades as Fed Minutes Loom
The cost of lending to the US government rose to its highest level in more than two decades on Monday, as the benchmark 10-year Treasury...