Netflix to shed 1,000 jobs in steepest cuts since 2022
The cuts equate to around 6% of the streaming giant's total workforce worldwide.
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US inflation rises before midterm elections, fuelling rate hike fears
Economists divided on Fed rate hike as inflation creates uncertainty before US midterm elections in a tense market.
Booking Holdings Plans to Fund New AI Startup Vayo With $100 Million
Booking already has tools that organize trips. Vayo's proposition is that AI can turn the itinerary into something more: a system that learns how you travel, watches the entire trip, and starts working before you ask.
Bending Spoons skyrockets 41% as Berkshire Hathaway makes $330 million investment
Berkshire's latest investment follows the $600 million it invested in the company's IPO this July.
Here's the inflation breakdown for September 2026 — in one chart
The consumer price index rose by 3.7% in September, on the back of higher gasoline and energy prices largely due to the Iran war.
Social Security Administration announces 3.6% cost-of-living adjustment for 2027
With a 3.6% COLA for 2027, Social Security retirement benefit checks will go up by $75 per month, on average, the agency said.
Netflix to lay off roughly 1,000 employees, or 6% of workforce
Netflix will lay off roughly 6% of its workforce, according to a memo obtained by CNBC.
Driving test waits fall to two-year low - but still average 20 weeks
Learner drivers in September had to wait an average of 19.7 weeks, or around five months, for a practical test.
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Trump's diesel dilemma — by the numbers
Conflicts in Ukraine and Iran have created major ripple effects across global energy markets causing major price swings.
Consumer prices rose 3.7% annually in September as gas prices skyrocket
The consumer price index was expected to increase 0.6% in September on a monthly basis and 3.6% from a year ago, according to the Dow Jones consensus forecast.
US inflation rises more than expected - here's what is happening with prices
The pace of price rises increased to 3.7% in the year to September, driving by higher motor fuel costs.
China's influence in the gaming industry is growing
Home to more than 700 million gamers, China is the world's largest gaming market — but it's also one of the most tightly regulated. The effects reach far beyond China, impacting players around the world.
'Office' is actually having a scarcity problem
The U.S. office market is roaring back to health but its speedy recovery is resulting in a shortage, especially of premium space.
Morgan Stanley tops estimates as equities trading revenue beats expectations by $909 million
Morgan Stanley topped expectations on the top and bottom lines for the third quarter.
Iran says it’s ‘counting the moments’ until it can strike U.S. warships; Saudi Aramco facilities attacked
Meanwhile, Saudi Arabia's Aramco reportedly came under fresh attack overnight.
Job cuts could fund diesel price drop says deputy
With the ongoing war in the Middle East increasing prices, one deputy is ask for duty to be frozen.
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Civil servant faked illness with make-up to juggle five jobs, court hears
Kashim Chowdhury is accused of fraudulently juggling multiple government jobs while working from home.
Tech giants race to get AI gadgets on shelves for holiday rush
With the holidays just a couple months away, tech companies are betting this is finally the year that AI gadgets make the shopping list.
Even more borrowers choose riskier mortgages, as higher interest rates crush affordability
Interest rates on mortgages continue to rise, leaving some buyers to choose riskier, adjustable-rate mortgages to find savings.
How Trump’s tariffs and Iran war are becoming liabilities in Michigan’s Senate race
Republicans are largely leaving Trump out of general election ads, with some battleground candidates breaking from him on tariffs and Iran.