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
October 13, 2026A 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
October 13, 2026President 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
October 11, 2026President Donald Trump on Tuesday accused Yemen's Houthi militants of deliberately trying to drive up oil prices ahead of the US midterm
October 13, 2026Oil 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
October 13, 2026The deal that President Donald Trump reached with Russian President Vladimir Putin to import tons of Russian diesel is drawing concern from Congress
October 13, 2026Citigroup beat Wall Street estimates for third-quarter profit on Tuesday, helped by stronger investment banking revenue and transactions
October 13, 2026Europe's STOXX 600 ended marginally lower on Tuesday, retreating from a one-week high, after a sharp selloff in chip stocks overshadowed optimism from
October 13, 2026Wall Street’s biggest banks have reported another strong quarter as U.S. consumers continue to pay bills and businesses invest in AI
October 13, 2026CVS 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
October 13, 2026As Europe debates new local-content rules aimed at boosting
October 13, 2026Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden
October 13, 2026Federal 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
October 13, 2026Rising 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
October 13, 2026Walmart 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
October 13, 2026The 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
October 13, 2026Why billions spent on defense haven’t shielded Saudi Arabia from Houthi attacks
October 13, 2026US existing home sales unexpectedly increased in September, but the trend stayed subdued against the backdrop of rising mortgage rates and still higher
October 13, 2026The 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
October 13, 2026US investors are favourably reassessing the traditional 60% stock, 40% bond portfolio strategy as a selloff in government debt lifts yields to levels
October 13, 2026Iran 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,
October 13, 2026Goldman Sachs on Tuesday beat third-quarter profit estimates as dealmaking remained steady and volatile markets tied to the Middle East conflict
October 13, 2026Albertsons withdrew its fiscal 2026 forecasts on Tuesday and launched a review of its business aimed at cutting costs, lowering prices and reversing sluggish
October 13, 2026European luxury firms have seen some $350 billion in value knocked off their combined market capitalizations this
October 13, 2026Domino'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
October 13, 2026The 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
October 13, 2026Quality, rather than discounts or environmental benefits, is what’s needed to encourage shoppers to consider odd-shaped produce.
October 13, 2026By 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
October 13, 2026European automakers urged policymakers on Tuesday to do more to help them cope with Chinese competition and the shift to electric
October 13, 2026President Donald Trump said on Monday he did not believe that China and Russia were helping Iran "at all," even as US
October 13, 2026Political tensions are rising over the European Union's next long-term budget
October 13, 2026Chinese automakers are expanding in Europe, betting on their competitive pricing and advanced technology to break into a market traditionally dominated by European and American
June 02, 2026Airlines 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
October 12, 2026‘I’m strapped every month.’ Seniors struggle as inflation continues to outpace Social Security benefits
October 13, 2026BMW 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.
October 13, 2026German 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
October 13, 2026GOP senator said gas prices would decide the midterms. Now they’re threatening his reelection
October 13, 2026The 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
October 13, 2026South 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
October 13, 2026Hedge funds are drawing in new fans and a rush of capital from Asia, as pensions, family offices and other investors look to alternative
October 13, 2026The BlackRock Investment Institute said it had downgraded its view on US stocks to neutral, citing volatility around AI, and upgraded Treasuries, preferring short-term
October 13, 2026Visa has received approval to prepare for a bank card clearing business in China, allowing it to compete in the country's payments market
October 13, 2026US 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
October 13, 2026China'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
October 13, 2026The International Monetary Fund warned on Tuesday against "complacency" in global financial markets, citing risks from an
October 13, 2026The 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
October 13, 2026A 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
October 13, 2026As Chinese electric vehicle makers challenge Europe's auto industry with cheaper cars and increasingly sophisticated technology,
October 13, 2026Nvidia'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
October 13, 2026Japan'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
October 13, 2026Britain needs to ensure it sticks to its deficit reduction plans as government borrowing soars elsewhere, the International Monetary Fund warned on
October 13, 2026South Korea cannot avoid raising its benchmark interest rate in the near future to narrow a widening yield gap with the United States and align
October 13, 2026The 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%
October 13, 2026Japanese manufacturer Omron will buy US industrial PC firm Onlogic and its parent company, Interlogic, for $675 million, the company said on Tuesday.
October 13, 2026Authorities have extended the closure of Riyadh's international airport until Saturday and airlines scrapped flights
October 12, 2026The 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,
October 13, 2026The International Monetary Fund said on Tuesday the Bank of Japan will likely raise interest rates gradually "toward a neutral setting" despite an expected slowdown
October 13, 2026The 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
October 13, 2026Russia hit at least six energy targets during deadly airstrikes across Ukraine, showing it had no interest in an energy ceasefire announced
October 12, 2026Morocco's centrist Authenticity and Modernity Party (PAM), who topped last month's parliamentary election vote, will form a coalition government with
October 13, 2026British 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
October 13, 2026Oil and fuel prices rose on Monday following weekend attacks on a Saudi airport, which had a varied impact on global stocks.
October 13, 2026President Donald Trump's envoys told Ukrainian officials on Friday that a deal to allow Russian diesel
October 13, 2026Kroger 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
October 13, 2026Cleveland Federal Reserve President Beth Hammack said on Monday she hopes the Fed can lower inflation without damaging the job market, but that may
October 13, 2026Canadian 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
October 13, 2026Stocks kicked off a busy week with mixed trading on Wall Street that kept the market hovering around its all-time high set last week
October 12, 2026Former 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
October 13, 2026The technology-heavy Nasdaq composite closed lower on Monday as oil prices jumped nearly $2 a barrel after attacks on a Saudi airport, and
October 12, 2026A man struck by an ICE vehicle broke both his legs. Here’s what we know
October 12, 2026British 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
October 12, 2026Hackers raised the temperature of refrigerators and freezers at hundreds of French supermarkets to as high as 50 degrees Celsius (
October 12, 2026An explosion involving unexploded ordnance killed a student and injured 24 others during a school trip in northern Israel on Monday
October 12, 2026President Donald Trump on Monday defended a diesel oil deal he made with Russia as lawmakers from both parties complained the agreement appears to
October 12, 2026Getty 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.
October 12, 2026Oil prices climbed on Monday as attacks on Saudi Arabia overshadowed hopes for supply improvements, and expectations for higher US
October 12, 2026Sixty countries supported a declaration on Monday pledging to work to preserve freedom of navigation and opposing the introduction of tolls through straits used for
October 12, 2026Cleveland Fed President Beth Hammack said on Monday the US central bank should move "relatively quickly" to a restrictive monetary policy stance in
October 12, 2026The European tour is sending an ultimatum to LIV Golf players — us or them
October 12, 2026Global 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
October 12, 2026Germany'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
October 12, 2026The 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
October 12, 2026The sharp rise in long-term US Treasury yields has spurred mortgage-related hedging that adds selling pressure to an already
October 12, 2026Starbucks is not buying Chipotle Mexican Grill, the coffee chain said on Monday, quashing talk of a deal that could have been the largest-
October 12, 2026Oil prices rose by nearly $2 a barrel on Monday as attacks on Saudi Arabia outweighed the prospect of increased supplies, even
October 12, 2026Conflict and drought are worsening food insecurity in Sudan’s Darfur and Kordofan regions, according to the Integrated Food Security Phase Classification
October 12, 2026This 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
October 12, 2026Victor 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
October 12, 2026US academics Robert Hall and Michael Woodford won the 2026 Nobel economics prize on Monday for decades of work developing ground-up
October 12, 2026Ukraine 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.
October 12, 2026Germany's labour minister and co-head of the centre-left Social Democrats (SPD) quit unexpectedly on Monday, adding to uncertainty around
October 12, 2026Lithium 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
October 12, 2026Goldman 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
October 12, 2026China's passenger car exports have surged 64% in September compared to the same month in 2025, according to an industry association
October 12, 2026US threatens to suspend intel sharing, weapons purchases if Ukraine continues Russia energy strikes, sources say
October 12, 2026A 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.
October 12, 2026Deep funding shortfalls are forcing the UN refugee agency to make painful cuts across its humanitarian operations worldwide, and there are limits to
October 12, 2026India'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
October 12, 2026German Interior Minister Alexander Dobrindt warned on Monday that Germany faced a "shadow war" more far-reaching than the Cold War, and said the threat underscored the need
October 12, 2026China's deal to curb hybrid vehicle exports to the European Union is set to deal a fresh blow to electric vehicle makers that ramped up hybrid shipments exempt
October 12, 2026