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

Economy

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

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

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

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Stock Markets|Technology|Travel|US|Videos|World

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

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

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

Economy|Election|Political

GOP senator said gas prices would decide the midterms. Now they’re threatening his reelection

GOP senator said gas prices would decide the midterms. Now they’re threatening his reelection

Economy|Finance

Growing debt burden poses significant risk to developing nations, G24 chair says

The debt vulnerabilities of many developing economies are a "major barrier" to inclusive growth, the chair of the Group of 24 nations said on Tuesday, warning

Business|Economy

South Korea's Lee welcomes home Arctic container ship as route faces viability tests

South Korean President Lee Jae Myung on Tuesday welcomed home the first South Korean container ship to sail to Europe and back via the Arctic, as Seoul pushes to

Arts|Economy|Finance|Technology

Hedge funds are a top draw in Asia as investors look beyond bonds

Hedge funds are drawing in new fans and a rush of capital from Asia, as pensions, family offices and other investors look to alternative

Arts|Business|Economy|Finance|Science|Technology|US

BlackRock cools on US stocks, turns bullish on short-dated Treasuries

The BlackRock Investment Institute said it had downgraded its view on US stocks to neutral, citing volatility around AI, and upgraded Treasuries, preferring short-term

Arts|Business|Economy|Finance|Technology

Visa wins approval to prepare a bank card clearing business in China

Visa has received approval to prepare for a bank card clearing business in China, allowing it to compete in the country's payments market

Arts|Asia|Business|Economy|Finance|Technology|World

Visa gets approval to prepare for domestic business in China

US payments firm Visa has received approval from China's central bank to begin preparations for a domestic bank card clearing institution in the country, ending years of waiting to

Business|Economy|Finance|World

China's exports seen growing at faster pace in September: Reuters Poll

China's exports are expected to have expanded at a slightly faster pace in September, sustaining robust momentum despite pressure from some trading partners and remaining

Business|Economy|Finance|Technology|World

IMF cites AI slowdown, spiking yields as looming global market risks

The International Monetary Fund warned on Tuesday against "complacency" in global financial markets, citing risks from an

Business|Economy|Finance

88.6% of Japan households expect prices to rise a year from now, BOJ says

The ratio of Japanese households expecting prices to rise a year from now hit 88.6% in September, a quarterly Bank of Japan survey showed on Tuesday, down from 90.4% in the

Economy|Europe|Finance|MidEast|Stock Markets|Technology

The fragile AI trade 

A look at the day ahead in European and global markets from Ankur Banerjee A steep rout in AI stocks on signs that China is swiftly closing the tech gap has cast a shadow over

Business|Economy|Europe|Technology

Europe's carmakers turn back time to rival Chinese EVs

As Chinese electric vehicle makers challenge Europe's auto industry with cheaper cars and increasingly sophisticated technology,

Business|Economy|Science|Technology

Nvidia's China AI-chip share falls as Huawei closes gap, report finds

Nvidia's share of China's market for data-centre AI chips fell to 34% in the first half of 2026, as US export controls restricted supplies of its products and domestic

Arts|Economy

Japan's wholesale inflation remains elevated, keeps alive BOJ rate-hike view

Japan's wholesale prices rose 6.8% in the year to September, according to data released on Tuesday, slowing from the previous month but highlighting mounting

Business|Economy|Finance

Britain needs to keep deficit reduction on track, IMF says

Britain needs to ensure it sticks to its deficit reduction plans as government borrowing soars elsewhere, the International Monetary Fund warned on

Economy|Finance

South Korea's Lee says country cannot avoid raising interest rates

South Korea cannot avoid raising its benchmark interest rate in the near future to narrow a widening yield gap with the United States and align

Business|Economy|Finance

IMF raises its forecast for world growth this year but says economies will slow in 2027

The International Monetary Fund has slightly upgraded its outlook for the world economy for this year, but it's forecasting growth at a still sluggish 3.1%

Business|Economy|Technology

Japan's Omron to buy US industrial PC firm Onlogic for $675 million in physical AI push

Japanese manufacturer Omron will buy US industrial PC firm Onlogic and its parent company, Interlogic, for $675 million, the company said on Tuesday.

Arts|Business|Economy|Environment|Travel

Saudi capital's airport to remain shut this week as airlines cancel services

Authorities have extended the closure of Riyadh's international airport until Saturday and airlines scrapped flights

Business|Economy|Finance|Technology

AI investment props up global growth, but war and debt threaten outlook, IMF says

The global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East,

Business|Economy|Finance|World

IMF expects gradual BOJ rate hike towards neutral setting

The International Monetary Fund said on Tuesday the Bank of Japan will likely raise interest rates gradually "toward a neutral setting" despite an expected slowdown

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

IMF cuts Latin America, Caribbean growth forecasts on energy shock, little AI boost

The International Monetary Fund trimmed its growth forecasts for Latin America and the Caribbean for this year and next and said most of the region was getting little lift

Economy|Europe|Political|US|World

Kyiv says Russia hits energy targets despite Trump ceasefire announcement

Russia hit at least six energy targets during deadly airstrikes across Ukraine, showing it had no interest in an energy ceasefire announced

Africa|Economy|Europe|MidEast|Political|World

Moroccan centrist party agrees to form coalition government with three other parties

Morocco's centrist Authenticity and Modernity Party (PAM), who topped last month's parliamentary election vote, will form a coalition government with

Business|Economy|Finance

UK shoppers stay cautious as fuel costs bite, surveys show

British consumers kept a lid on spending in September, with much of their extra outlay going on fuel, while warm weather helped pubs but hurt clothing sales, according to surveys

Arts|Economy|Finance|Technology|World

Trading Day: Fog of war

Oil and fuel prices rose on Monday following weekend attacks on a Saudi airport, which had a varied impact on global stocks.

Arts|Economy|Europe|MidEast|US|World

US hopes diesel deal can 'soften' Moscow on peace talks, sources say

President Donald Trump's envoys told Ukrainian officials on Friday that a deal to allow Russian diesel

Arts|Business|Economy|Technology|World

Kroger plans to eliminate 3,000 corporate roles, memo shows, as it expands AI use

Kroger plans to cut roughly 3,000 corporate roles over the next three years, CEO Greg Foran told staff in a memo, seen by Reuters on Monday, as the grocer integrates AI into its

Business|Economy|Finance|Interview|Stock Markets|US

Fed's Hammack: Hope to cool demand, and inflation, without job market pain

Cleveland Federal Reserve President Beth Hammack said on Monday she hopes the Fed can lower inflation without damaging the job market, but that may

Economy|Political

Canadian Prime Minister Carney makes case for Canadian unity as Alberta referendum nears

Canadian Prime Minister Mark Carney is making the case for Alberta to remain in Canada, warning one week before the province’s referendum that separation would begin a “long and uncertain process” at a dangerous time for the country

Business|Economy|Political|World

US stocks hover near their latest record in mixed trading on Wall Street

Stocks kicked off a busy week with mixed trading on Wall Street that kept the market hovering around its all-time high set last week

Africa|Arts|Economy|Environment|World

Congo's former president Kabila forms new group to replace M23 insurgency

Former Congolese President Joseph Kabila has launched a new political-military coalition to replace the AFC-M23 alliance fighting government forces in eastern Congo, taking a

Business|Economy|Finance|Stock Markets

Nasdaq falls ahead of earnings, economic data while oil rallies

The technology-heavy Nasdaq composite closed lower on Monday as oil prices jumped nearly $2 a barrel after attacks on a Saudi airport, and

Crime|Economy|Sports|World

A man struck by an ICE vehicle broke both his legs. Here’s what we know

A man struck by an ICE vehicle broke both his legs. Here’s what we know

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Stock Markets|Technology|Travel|US|Videos|World

UK PM Burnham says Iran's IRGC likely behind RAF Fairford incident

British Prime Minister Andy Burnham said on Monday that a suspected plot targeting the RAF Fairford air base in Britain was "highly likely" to have been

Arts|Business|Economy|Europe|Finance|Food|Technology

Hackers heat French supermarket fridges, sparking fires and spoiling food

Hackers raised the temperature of refrigerators and freezers at hundreds of French supermarkets to as high as 50 degrees Celsius (

Business|Crime|Economy

Munition blast during school trip kills student in Israel, and other Mideast developments

An explosion involving unexploded ordnance killed a student and injured 24 others during a school trip in northern Israel on Monday

Business|Economy

Trump defends Russia diesel deal as lawmakers from both parties complain

President Donald Trump on Monday defended a diesel oil deal he made with Russia as lawmakers from both parties complained the agreement appears to

Business|Economy|Finance

Getty Images plans bankruptcy filing, to go private

Getty Images said on Monday it would file for bankruptcy and go private after a restructuring agreement that the visual-content provider expects to close by the end of the year.

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

Oil rallies, sending dollar higher on expectations of higher US rates

Oil prices climbed on Monday as attacks on Saudi Arabia overshadowed hopes for supply improvements, and expectations for higher US

Economy|Europe|World

Sixty countries back declaration opposing strait tolls

Sixty countries supported a declaration on Monday pledging to work to preserve freedom of navigation and opposing the introduction of tolls through straits used for

Business|Economy

Fed's Hammack backs restrictive policy, says better if it comes 'relatively quickly'

Cleveland Fed President Beth Hammack said on Monday the US central bank should move "relatively quickly" to a restrictive monetary policy stance in

Business|Economy|Europe|Finance|Political|Sports|World

European tour says anyone signing with LIV Golf need not apply to play both circuits

The European tour is sending an ultimatum to LIV Golf players — us or them

Business|Economy|Technology

Global smartphone shipments record worst third quarter in 14 years amid memory shortage

Global smartphone shipments fell 20% on-year to their lowest third-quarter level since 2012, as soaring memory chip costs and supply shortages pressured manufacturers and pushed up

Economy|Europe|Finance|World

Germany's debt-to-GDP ratio expected to rise to 78.25% in 2030

Germany's debt is expected to rise to reach 78.25% of gross domestic product in 2030, the country's stability council, which coordinates federal and state finances, said on

Arts|Asia|Economy|Finance|MidEast

Dollar holds 18-month high as Gulf tension, US inflation keep investors on edge

The dollar held at an 18-month high on Monday, supported by safe-haven demand as attacks escalated in the Middle East over the weekend, keeping investors

Arts|Economy|Finance|Science|Technology

US yield surge triggers mortgage hedging, adds to bond market pressure

The sharp rise in long-term US Treasury yields has spurred mortgage-related hedging that adds selling pressure to an already

Arts|Business|Economy

Starbucks says not buying Chipotle, ends takeover speculation

Starbucks is not buying Chipotle Mexican Grill, the coffee chain said on Monday, quashing talk of a deal that could have been the largest-

Business|Economy|World

Oil prices rise on Saudi Arabia attacks, overshadowing Trump's diesel deal

Oil prices rose by nearly $2 a barrel on Monday as attacks on Saudi Arabia outweighed the prospect of increased supplies, even

Arts|Business|Crime|Economy|Education|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Lifestyle|MidEast|Science|Technology|World

Sudan's famine risk worsened by conflict, drought and funding shortages, report says

Conflict and drought are worsening food insecurity in Sudan’s Darfur and Kordofan regions, according to the Integrated Food Security Phase Classification

Economy|Science

A list of this year’s Nobel Prize winners

This year’s Nobel Prize awards concluded Monday after two economists won the Memorial Prize in Economic Sciences for their work on models that help manage economic shocks

Economy|Election|Interview

High prices are testing Latino voter loyalties in a key battleground district

Victor Martinez runs a Spanish-language radio station in Pennsylvania’s Lehigh Valley and talks about voters' frustration with everyday realities like higher fuel prices and inflation ahead of next month’s midterm election

Economy|Science|Technology

Hall, Woodford win Nobel prize for work on how to stabilise economies

US academics Robert Hall and Michael Woodford won the 2026 Nobel economics prize on Monday for decades of work developing ground-up

Business|Economy|Europe|Political|World

Ukraine says EU set to open next accession stages after Kyiv passes minority rights law

Ukraine expects the European Union to approve opening the second and third stages of its accession talks on Tuesday, Foreign Minister Andrii Sybiha said on Monday.

Business|Economy|Europe|Finance|Political

Germany's fragile coalition hit by labour minister's resignation

Germany's labour minister and co-head of the centre-left Social Democrats (SPD) quit unexpectedly on Monday, adding to uncertainty around

Business|Economy|Science|Technology

EnergyX signs binding $2 billion lithium supply deal with Trafigura

Lithium startup EnergyX said on Monday it has signed a $2 billion binding offtake to supply commodities trader Trafigura with the battery metal from Chile and the

Business|Economy|Finance|Stock Markets|US

Goldman upgrades global equities on earnings optimism

Goldman Sachs on Monday upgraded its three-month view on global equities to "overweight" from "neutral", saying earnings growth remains supportive for equities and valuations have

Arts|Economy|Europe|Technology|World

China's carmakers export more as EU caps hybrid vehicle imports at 350,000 a year

China's passenger car exports have surged 64% in September compared to the same month in 2025, according to an industry association

Economy|Europe|Political|US|World

US threatens to suspend intel sharing, weapons purchases if Ukraine continues Russia energy strikes, sources say

US threatens to suspend intel sharing, weapons purchases if Ukraine continues Russia energy strikes, sources say

Economy|Science

Democrats distance themselves from trans rights – close midterm races may show whether that pays off

A scholar of LGBTQ+ politics looks at how Democratic campaigns in Texas and Ohio are shifting on trans issues and what that could mean for control of Congress.

Economy|Political|World

UN refugee agency's funding shortfall is impacting refugees worldwide, its chief says

Deep funding shortfalls are forcing the UN refugee agency to make painful cuts across its humanitarian operations worldwide, and there are limits to

Business|Economy|Finance|World

India inflation jumps to 5.54% in September, strengthening case for further rate hikes

India's retail inflation jumped to 5.54% in September, data showed on Monday, nearing the upper end of the central bank's 2%-6% tolerance band and strengthening the case for further