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Stellantis reports $4.5 billion cash drain as massive turnaround plan continues
Oct 28, 2026
CNBC
European car giant Stellantis said Wednesday that it recorded a 4 billion euro ($4.5 billion) cash shortfall in…
Mortgage rates fell for the second straight week, but more borrowers still sought savings in riskier loans
Oct 28, 2026
CNBC
Mortgage rates have fallen over the past two weeks, but demand is only slightly higher, and more borrowers…
At least 30 people reported dead in high-speed Spain train crash
Oct 28, 2026
CNBC
It is the second deadly high-speed train collision in Spain this year.
Fed Communication Has Gotten Confusing, Economist Sahm Says
Oct 28, 2026
Bloomberg
“I think there is a strong economic argument for raising rates today by a quarter point,” says Claudia…
A Democratic win in midterms could put prediction markets and the CFTC in the hot seat
Oct 28, 2026
CNBC
A Democratic House could increase scrutiny of prediction markets, the CFTC and the industry’s ties to the Trump…
Pimco Would Welcome 2027 UK Fiscal Deficit of Around 3.5%
Oct 28, 2026
Bloomberg
Pimco economist Peder Beck-Friis looks ahead to UK Chancellor John Healey’s budget announcement, highlighting the Office for Budget…
Google alters its cloud playbook, enlisting partners to sell more AI chips
Oct 28, 2026
CNBC
Google is opening its TPU business beyond its own cloud as custom chips become a bigger engine for…
Wall Street’s AI Debt Machine Is Starting to Choke on Supply
Oct 28, 2026
Bloomberg
A new anxiety is gripping Wall Street as it bankrolls the vast network of data centers and chips…
GE Vernova Agrees to Pay $9 Billion to Acquire Trench Group
Oct 28, 2026
Bloomberg
GE Vernova Inc. agreed to pay $9 billion to acquire Trench Group in a deal that will expand…
Microsoft, Alphabet Have a Lot to Prove to AI Skeptics
Oct 28, 2026
Bloomberg
The stocks have underperformed the market this year on concerns over spending.
Musk's PAC lawyer runs in Texas House district that is home to billionaire's business interests
Oct 28, 2026
CNBC
A chip factory being built by Elon Musk's Tesla and SpaceX is in Texas's 10th District, where his…
UBS pretax profits jump 27% in third quarter to $3.59 billion as wealth inflows surge
Oct 28, 2026
CNBC
UBS reported a third quarter pretax profit of almost $3.6 billion.
Mukesh Ambani Gets Emotional at Jio Listing
Oct 28, 2026
Bloomberg
Jio got blessings from the entire country.” Mukesh Ambani became emotional as Anant Ambani reflected on the company’s…
Sandoz Warns EU May Scrap Antibiotic Protection, Risking Plant
Oct 28, 2026
Bloomberg
Sandoz Group AG said Europe’s medicines regulator is proposing to pull amoxicillin from its list of critical medicines,…
Israeli Markets Slide Across Board on Election Stalemate Concern
Oct 28, 2026
Bloomberg
Israeli assets slid across the board after the country’s tight election appeared to point to a stalemate, with…
Robinhood shares fall as crypto slump weighs on profits, offsetting gains in new businesses
Oct 28, 2026
CNBC
Robinhood's third-quarter revenue met expectations, fueled by the company's expansion into options, predictions markets and other financial services.
Treasury yields tick higher ahead of Federal Reserve interest rate decision
Oct 28, 2026
CNBC
Treasury yields edged higher as traders await the Federal Reserve's latest monetary policy decision.
Israeli bonds, shekel fall as election leaves Netanyahu and others far short of majorities
Oct 28, 2026
CNBC
Exit polls show Prime Minister Benjamin Netanyahu's alliance and Gadi Eisenkot's opposition bloc both well off the numbers…
Sprake: Fed Now Concerned About High Energy Prices
Oct 28, 2026
Bloomberg
The Fed is expected to hold rates steady in their October meeting. Casey Sprake, Market Strategist at AG…
Turkey Cancels License of Brokerage at Heart of Fund Crisis
Oct 28, 2026
Bloomberg
Turkey’s market authorities canceled Tera Yatirim Menkul Degerler’s license and suspended trading on its stock, part of a…
Oil Is the Real Risk for Another Week: Market Analysis
Oct 28, 2026
Bloomberg
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors…
Adani Flagship Returns to Profit as Newer Businesses Deliver
Oct 28, 2026
Bloomberg
Billionaire Gautam Adani-controlled Adani Enterprises Ltd. returned to profit in the second quarter as newer businesses including airports…
Flavor Flav, Hillary Clinton weigh in as WNBA takes flak for weekday lunchtime finals game
Oct 28, 2026
CNBC
The Atlanta Dream criticized the WNBA for scheduling a Finals game on Thursday afternoon, drawing reactions from Flavor…
Meta- and Google-backed Jio Platforms’ shares soar over 21% on trading debut after record IPO
Oct 28, 2026
CNBC
Jio had offered 270 million shares in the IPO priced at 1,119 rupees apiece, raising 302 billion rupees…
China and Russia are redrawing Arctic trade. Can Europe fight back?
Oct 28, 2026
CNBC
China and Russia are tightening their grip on Arctic shipping routes, turning the rapidly warming region into a…
Jio’s IPO Surge Ends Tata’s Reign as Most Valuable India Group
Oct 28, 2026
Bloomberg
Jio Platforms Ltd.’s blockbuster stock market debut has propelled the digital company as well as its parent Reliance…
SK Hynix shares jump 11% after record quarterly profit, outperforming broader market
Oct 28, 2026
CNBC
Shares of South Korean chipmaker SK Hynix soared 11% on Wednesday as third-quarter profit sharply beats estimates.
Remy Cointreau’s China Inventory Issues Outweigh Sales Jump
Oct 28, 2026
Bloomberg
Remy Cointreau SA reported higher stockpiles in China during its fiscal second quarter, raising concerns about the resilience…
Weaker Euro Boosts Europe Exporters as Earnings Season Peaks
Oct 28, 2026
Bloomberg
The dollar’s rebound is good news for shares in European exporters, just as companies enter the busiest stretch…
Copper Wavers Near Two-Week High as Traders Look to Fed Meeting
Oct 28, 2026
Bloomberg
Copper traded near its highest close in two weeks as traders braced for the Federal Reserve’s decision on…
Trump jokes $5,000 would buy 'a hamburger and maybe a small dessert' at Mar-a-Lago as cost of living looms over midterms
Oct 28, 2026
CNBC
Trump joked that the $5,000 payments for U.S. adults would buy little more than "a hamburger and maybe…
US-Friendly Nations Slash Treasury Purchases by 60%, Led by Asia
Oct 28, 2026
Bloomberg
Being one of Washington’s closest partners no longer means reliably funding the US deficit.
Trump says Iran war will end 'when I want it to' as costs reportedly balloon to $47 billion
Oct 28, 2026
CNBC
Trump's statement comes as a report from The Hill revealed that the costs of the Iran conflict has…
Labubu-maker Pop Mart's shares extend declines as third-quarter sales plunge
Oct 28, 2026
CNBC
The company reported a 45% to 50% year-on-year drop in third-quarter revenue.
Indian investors rush to Nvidia, SpaceX, Apple as local trading apps roll out access to U.S. stocks
Oct 28, 2026
CNBC
Major Indian brokerages are providing retail investors access to U.S. stocks at a time when the local market…
Grand jury rejects DOJ bid to indict ex-Trump WH aide Cassidy Hutchinson: Reports
Oct 28, 2026
CNBC
Prosecutors aimed to charge Cassidy Hutchinson over testimony about President Trump's conduct the day of the Jan. 6,…
Gold Steadies Above $4,000 as Focus Turns to Fed Rate Decision
Oct 28, 2026
Bloomberg
Gold traded in a narrow range above the $4,000-an-ounce threshold ahead of a Federal Reserve interest-rate decision due…
Chart: Anthropic's cash pile towers over nearly every U.S. company
Oct 28, 2026
CNBC
Anthropic's cash pile of $131.7 billion is more than every non-bank U.S. company except for Berkshire Hathaway and…
Midterm elections: How affordability and the economy could affect voters' decisions
Oct 28, 2026
CNBC
Several economic issues could affect voters' decisions in the midterm elections. Here's what to expect on Nov. 3.
Speaker Mike Johnson calls election-transfer concerns ‘absurd’
Oct 28, 2026
CNBC
Democrats and voting rights groups have raised concerns that President Donald Trump and congressional Republicans could challenge election…
Jim Cramer warns investors not to get fooled by the latest AI stock rally
Oct 28, 2026
CNBC
CNBC’s Jim Cramer warned that the latest rally in AI stocks doesn't mean the data center trade is…
Trump administration may let more Russian diesel onto market, energy secretary tells CNBC
Oct 28, 2026
CNBC
The diesel volumes in the Trump-Putin deal won't materially lower prices because the shipments are small compared to…
US Stocks Drift as Traders Await Tech Results, Fed: Markets Wrap
Oct 28, 2026
Bloomberg
US stock futures struggled for traction ahead of megacap tech earnings and the Federal Reserve’s interest-rate decision later…
Latest Oil Market News and Analysis for Oct. 28
Oct 28, 2026
Bloomberg
Oil rose as traders weighed whether the US may resume military strikes on Iran after next week’s midterms…
Polymarket faces renewed CFTC probe over U.S. access to offshore platform
Oct 27, 2026
CNBC
The federal agency had previously investigated whether Polymarket allowed U.S. users on to its offshore platform in 2024,…
Early third-quarter earnings show a 'resilient' U.S. consumer, with signs of strain
Oct 27, 2026
CNBC
Companies from Royal Caribbean to Coca-Cola and UPS say they are seeing steady consumer spending despite high inflation.
Neil Young sues Trump committee for $10M for playing 'Rockin' in the Free World' at rally
Oct 27, 2026
CNBC
"'Rockin' in the Free World' is the opposite of everything that Donald J. Trump stands for," the suit…
Boeing shares slide on a disappointing cash flow update. Why this dip is buyable
Oct 27, 2026
CNBC
Boeing reset investor expectations on free cash flow growth in the coming years. We're hopeful this represents a…
Amazon's anti-tokenmaxxing memo says engineers should be pickier about using AI
Oct 27, 2026
CNBC
Amazon has rapidly integrated AI across the e-commerce giant's sprawling business operations under CEO Andy Jassy.
From Wall Street to Silicon Valley, Anthropic IPO poised to have massive 'trickle-down effect'
Oct 27, 2026
CNBC
With the AI trade sputtering of late and interest rates on the rise, Anthropic's IPO is taking on…
