Business live
Continuously updated, source-cited business stories — freshest first.
Stock market today: Dow gains, S&P 500, and Nasdaq decline on hot inflation data
Wall Street slumped as Meta's artificial intelligence spending unnerved investors, dragging down the broader market following earl
topicExclusive | Banks closed accounts of MAGA, pro-life and other conservative groups disfavored by Biden admin
Federal regulators and the Treasury Department discovered that major U.S. lenders, including JPMorgan, closed accounts for pro-lif
topicHe linked Saudi Arabia to Silicon Valley. Then OpenAI found a bug wrapped in toilet paper
Federal prosecutors are holding former OpenAI engineer Abdulrahman Alfozan without bail, citing WhatsApp messages that connect the
topicSocial Security Administration announces 3.6% cost-of-living adjustment for 2027
The Social Security Administration has announced a 3.6 percent cost-of-living adjustment for 2027, impacting nearly 72 million Ame
topicInflation jumps to 3.7% as gas and diesel prices squeeze consumers ahead of the midterms
US annual inflation accelerated to 3.7% in September, up from 3.4% in August, driven by a surge in gas prices that squeezed consum
topicBank of America stock on track for worst day since 2025 as $1.2 billion fine weighs on Q3 earnings
Bank of America shares face severe downward pressure following a third-quarter earnings report that revealed a 17% drop in earning
topicNetflix to lay off 1,000 staff amid intensifying competition for user attention
Netflix is eliminating approximately 1,000 jobs, amounting to about 6% of its global workforce, following slowed revenue growth an
topicFord's CEO urges caution on Chinese automakers, says Europe is 'too late'
Ford Motor leadership warns that Chinese automakers could break through United States trade barriers within five to ten years. CEO
Trump Accounts will auto-enroll children, potentially adding 60 million accounts: Treasury
The Treasury Department has automatically enrolled over 60 million children under age 18 into tax-deferred Trump Accounts, boostin
topicNvidia's $150B buyback could fuel next stock rally
Nvidia shares recently dropped 2.33 percent to $223.20 amid a wider 8 percent slide in chip stocks and a rising 10-year Treasury y
topicOpenAI takes on Meta with dots agent in autonomous AI push
Anthropic launched Claude Duet, a background artificial intelligence agent designed for professionals and small businesses to moni
topicTrump sets up committee to investigate, potentially remove the Fed's Lisa Cook
President Donald Trump established a committee of inquiry to investigate Federal Reserve Governor Lisa D. Cook regarding allegatio
topicFed seen a bit more likely to hike after inflation data
The Federal Reserve meets on October 27-28, with the central bank expected to keep rates steady at 3.75 percent to 4 percent. Inte
topicWhat's Upsetting the Bond Market?
Global financial markets face mounting pressure as rising energy costs and persistent inflation fuel economic anxiety, with Brent
topicSaudi Aramco oil facilities hit in new strikes
Saudi Aramco has ordered staff to evacuate its headquarters in Dhahran as regional missile and drone strikes continue to disrupt i
topicFDA approves pancreatic cancer drug that extends patients’ lives
Federal regulators recently approved several innovative medical treatments, including an oral medication for advanced pancreatic c
topicCalifornia Lawmakers Greenlight Solar Panels You Can Plug Into the Wall
Congress introduced the nation's first federal plug-in solar legislation, following California's recent move to legalize balcony s
topicAfrica's biggest oil refinery opens to public ownership, sparking excitement among retail investors
The initial public offering for the Dangote Petroleum Refinery and Petrochemicals approaches its final closing date on October 27.
topicOracle announces new round of layoffs in early-morning email: ‘Today is your last working day’
Oracle has sparked backlash after employee reports revealed job cuts within its cloud division, conflicting with recent strong fin
topicNovo Nordisk rebrands as 'Novo', announces cultural reset
Novo Nordisk Global Business Services has introduced two new employee wellness initiatives aimed at improving well-being and reduc
topicThe bond market is sounding an alarm. Here’s what it means.
Investors are beginning to question returns on artificial intelligence investments as the bond market sends warnings to stocks. Ta
topicStock Market Today: 10-Year Treasury Yield Touches 5% as AI Warning Spooks Tech Stocks
U.S. Treasury yields drifted higher on Friday following a dramatic drop in the previous session that pushed the 10-year yield belo
topicChina’s Top Spy Chief Warns A.I. Is a Threat to Party Rule
China is tightening its regulatory grip on artificial intelligence, officially labeling the technology as a major potential threat
topicSilicon Valley’s AI accelerationists fighting back against ‘doomer mind virus’ taking over big labs
Silicon Valley investors and developers are channeling billions of dollars into robotics and physical artificial intelligence. San