Business
Dutch semiconductor giant ASML’s shares nosedive after company accidentally releases earnings early
Plunge of up to 15% comes after ASML’s earnings reveal lower 2025 sales forecast and weaker orders. Read More
Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August
Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.
Chase Sapphire Reserve® vs. Capital One Venture X Rewards Credit Card: Which is right for you?
We dig deeper into these two powerhouse travel cards to help you find the right one for you. Read More
‘Students are frustrated’: College seniors seeking tech jobs face a chilly hiring market
College students are having to scramble to land tech jobs amid widespread layoffs in Silicon Valley. Read More
Morgan Stanley is about to report earnings — here’s what to expect
Morgan Stanley has several tailwinds in its favor, from high stock values to a rebound in investment banking and strong ...
Unions face a moment of truth in Michigan as Kamala Harris and Donald Trump woo them in starkly different terms
As Kamala Harris and Donald Trump compete for blue wall states with deep union roots, the presidential candidates are making ...
AI regulation gets a bad rap—but lawmakers around the world are doing a decent job so far
No country or superstate is ever going to get AI legislation 100% right, but around the world, countries are starting ...
More than 800 U.S. troops kicked out under ‘don’t ask, don’t tell’ rules just got upgraded to honorable discharges
It is the latest development over the decades to undo past discrimination against LGBTQ service members. Read More
The difference between Harris and Starmer
A cautious politician is easier to elect than an ambiguous one
SpaceX’s launch this weekend will reshape the space industry
The space startup’s booster landing helped pave the way for Starship coming to market. Read More
A16z, geopolitics, and money
“The war in Ukraine changed everything about how young people think about the Department of Defense’s work, and really the ...
Japan shares fall on weak chip market outlook while LVMH sales drop drags Europe down
LVMH CFO Jean-Jacques Guiony said that “consumer confidence in mainland China today is back in line with the all-time low ...
Citi upgrades Cisco Systems, says Wall Street is underestimating AI tailwinds
Don’t overlook the AI potential of Cisco Systems, Citi said.
California health care workers get a pay bump to $18-$23 an hour under new minimum wage law
About 350,000 workers will have to be paid more under the law starting Wednesday, according to the University of California, ...
Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz
Venture capital firm Accel says that funding for cloud startups is set to rise 27% in 2024 thanks to a ...
South Africa’s unlikely coalition strives to build common ground
Unity government led by ANC and Democratic Alliance works to resolve tensions as it passes 100-day milestone
Luxury goods shares fall as China slowdown hits LVMH
Owner of Louis Vuitton and Dior brands reports 16% drop in third-quarter sales in Asia excluding Japan
Hunter Biden is reviving his lawsuit against Fox News over explicit images of him it used in a streaming series
The president’s son first sued Fox in New York in July over images used in the Fox Nation series “The ...
Kellogg said it would remove artificial colors from Froot Loops by 2018—people are protesting that it still hasn’t
In Canada, Froot Loops are colored with concentrated carrot juice, watermelon juice and blueberry juice. But in the U.S., the ...
Stellantis shipments drop 20% as CEO trims inventories
Stellantis cuts shipments by a fifth in Q3, with CEO Carlos Tavares tackling bloated inventories and major challenges in North ...
Italy to tap banks, insurers for €3.5 billion in budget plan
In a new plan designed to deliver on giveaways pledged to voters. Read More
Hong Kong leader announces measures to address housing crisis
Hong Kong Chief Executive John Lee announced a series of measures aimed at addressing the city’s housing affordability crisis during ...
TD Bank execs presided over rampant money laundering, but no one is going to jail—for now
The decision comes less than a year after the DOJ sentenced Binance CEO Changpeng Zhao to four months in prison. ...
Hong Kong is cutting its liquor tax to revitalize its once-vibrant nightlife and dining industry
Many residents now prefer to spend their weekends in mainland China, attracted by its lower prices and a wider variety ...
Hong Kong slashes tax on spirits to boost nightlife
Chinese territory’s chief executive John Lee tries to turn around economy amid fall in tourism and consumption
Saudi Arabia tightens its belt
After eight years of whirlwind construction activity and unprecedented spending, the kingdom’s new watchword is prudence
Has America lost its shame?
The brazenness of US politicians in the face of scandals is a defining feature of the era
Asian chip stocks fall on ASML’s disappointing forecast, possible U.S. export cap
Shares of Japanese semiconductor manufacturing firm Tokyo Electron logged the biggest loses, dropping nearly 10%.
UK inflation falls to 1.7% in September
Greater than expected drop opens door to more BoE rate cuts this year
UK inflation falls sharply to 1.7%, below Bank of England target for first time in over three years
Economists polled by Reuters expected the headline rate to come in at 1.9% in its first dip below the Bank ...
