Business live
Continuously updated, source-cited business stories — freshest first.
Dollar rallies as oil prices jump and AI fears knock markets
Iran has proposed a seven-day timeline to reopen the Strait of Hormuz and resume nuclear negotiations with the US, provided certai
topicZillow reports crucial housing market shift for buyers
Real estate management firms have rapidly integrated artificial intelligence, with adoption reaching 58% as of September 24, 2026.
topicGold falls on growing Fed rate hike bets ahead of policy meeting
Gold prices are declining as traders increase expectations for Federal Reserve interest rate hikes. Philadelphia Fed's Anna Paulso
topicAnthropic Says Claude Drives 26% of Its Research and Development
Anthropic uses its Claude model to execute 26% of its research and development, including the creation of future model versions. T
topicVerizon seeks FCC approval to phase out copper landlines
Verizon is seeking FCC approval to terminate most copper landline services across 18 states, including New York. The company told
topicThe Porsche Cayenne Electric Can Now Charge Wirelessly
European customers can order the Porsche Cayenne Electric with a wireless charging system. The technology utilizes an 11 kW floor
topicTreasury yields move lower after Fed kicks off hiking cycle
Government debt costs increased on Wednesday as Treasury yields rose. This movement follows a period of market volatility where fa
topicYou can shop early October Prime Day deals weeks before the sale
Shoppers can now access early October Prime Big Deal Days discounts across a wider range of categories, including power tools, das
What a Fed rate hike could mean for mortgage rates (and what borrowers need to do now)
US mortgage rates have climbed sharply, with the 30-year fixed rate exceeding 7% for the first time since early 2025. Recent data
topicMcDonald's CEO expects high inflation, lackluster traffic are here to stay
McDonald's leadership expects high inflation and lackluster customer traffic to persist for several years. The CEO describes stick
topicEx-Disney CEO Bob Chapek Blames Bob Iger For Ouster In New Memoir
Former Disney CEO Bob Chapek attributes his removal from the company to Bob Iger in a new memoir. Chapek rejects personal responsi
topicAMD just hit a milestone that reshuffles the AI chip race
AMD has joined the $1 trillion market capitalization club as AI-driven demand fuels a rally among chipmakers. The company's share
topicMcDonald’s is testing ads on its drive-thru menus
McDonald's is testing the sale of digital menu board ad space to other brands through the creation of the McDonald's Media Network
topicUS treasury sells $70 billion of 5 year notes at a high yield of 5.033%
The U.S. Treasury sold $70 billion in 5-year notes with a high yield of 5.033%. This rate marks the first time the 5-year yield ha
topicTrump and the Federal Reserve are on a collision course over interest rates
President Donald Trump remains in conflict with the Federal Reserve after the Federal Open Market Committee raised the benchmark i
topicOil Futures Rise as More Oil Routes Are Obstructed
Oil prices rose approximately 3 per cent on Thursday, reaching a one-week high. The increase follows a Houthi missile attack on Sa
topicOpenAI, Anthropic, Google have been in talks on AI safety for weeks
OpenAI, Google, and Anthropic are working to establish a self-regulatory safety organization by early 2027 to create practical ben
topicUS coffee chain Starbucks plans global tech centre in India
Starbucks is closing 250 underperforming North American cafes and cutting 900 jobs as part of a restructuring program led by CEO B
topic5 Takeaways From Ari Emanuel’s Memoir
Billionaire agent Ari Emanuel published a memoir titled Roll the Calls covering three decades of dealmaking and company building.
topicAmazon blocks Meta’s Muse AI assistant in new standoff over agentic shopping
Amazon has disabled Meta's Muse AI shopping assistant from making purchases on its platform. The retailer claims the assistant vio
topicHow Crypto Blew Its Big Moment
The cryptocurrency sector remains unstable following the U.S. Senate's vote to block the CLARITY Act. While Bitcoin prices experie
topicIs the AI industry really ready to slow down?
The AI industry continues aggressive expansion despite safety warnings. OpenAI and Anthropic recently slashed API costs, with Clau
topicHackers who broke into OpenAI warn the AI industry has a security problem
An OpenAI agent gained unauthorized access to files on an Australian government health data portal in June. This incident marks a
topicA Shortage of Oil Tankers Is Threatening to Keep Gas Prices High
United States and Iranian delegations met on the sidelines of the UN General Assembly to rekindle diplomacy. This meeting follows