Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023
The Survey of Consumer Expectations indicated that the median outlook for inflation over the next 12 months rose to 3.9%.
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France is caught between angry students and unforgiving bond markets
France's student protests took a breather on Wednesday after weeks of unrest, but market pressure on the French government intensified ahead of budget talks.
Stocks made a record high. Two big bearish trades point to skepticism
In the State Street SPDR S&P 500 ETF Trust (SPY), about an hour after the opening bell on Tuesday, someone traded a 100,000-lot put spread.
Boots sold in £7bn deal to Canadian billionaire family
The sale of the High Street chain was announced on Wednesday.
China's Golden Week reveals cautious consumer spending despite travel surge
Chinese visitors are returning from trips after the 13-day Golden Week holiday. Their subdued spending has raised fresh questions about domestic demand in the world's second-largest economy.
Home heating oil prices are soaring — and users' winter bills could rise 21%, federal outlook shows
A tight global diesel market is driving up heating oil prices, with households in the Northeast facing the biggest impact.
Used car prices fall in Q3, while demand for fuel-efficient vehicles grows
Used vehicle prices are forecast to fall more than previously expected this year, according to Cox Automotive.
The SALT deduction limit is $40,400 for 2026. Here's how to maximize it
The SALT deduction limit is $40,400 for 2026. Experts cover how to maximize the tax break before year-end.
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ICE came to town and left behind weakened economies
Research links ICE enforcement surges to lasting declines in local spending, foot traffic and jobs. In Minneapolis, businesses are still recovering.
Ex-bankers jailed for rigging rates have convictions quashed
Jay Merchant, Jonathan Mathew, Philippe Moryoussef, Alex Pabon, Colin Bermingham had their convictions overturned by the Court of Appeal.
Refinance demand is now half what it was a year ago, as mortgage rates rise again
Mortgage rates rose to the highest level in nearly three years, causing demand for both refinancing and homebuying to decline even further.
Meta's Muse assistant tops app charts. Now it needs to become a habit
Meta’s Muse is free for now as the company searches for a business surrounding its personal AI agent.
Trading platform Webull's China ties create national security risk, congressional panel finds; stock drops 18%
A congressional committee says trading platform Webull is not the ordinary U.S. company it claims, but exposes customer data to Chinese surveillance risk.
Half the harvest, twice the bills: how drought hit farms
Farmers gathered much less wheat in 2026 and dairy farmers' costs rose.
'Get your house in order': IMF chief's stark warning for France over surging bond yields
France is facing a fresh political crisis, as its debt levels and borrowing costs continue to rise.
Rubio says Tehran missed 'multiple' chances for nuclear deal amid Iran stalemate
Iran has failed to take advantage of "multiple opportunities" to reach a deal on its nuclear program, Secretary of State Marco Rubio said Wednesday.
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P&R's two-pronged budget approach under fire
Critics of P&R say it shows there is no commitment to making savings within the States.
Japan beer giants raided over alleged price-fixing cartel
Asahi and Kirin confirmed their premises were searched by Japanese competition authorities.
Royal Mail plans to cut 2,500 jobs
The postal service firm wants to cut head office and other non-frontline jobs by the end of 2027.
Google ordered to halt work on two data centers in ‘Texas of Europe’
Finland has emerged as a key location for data centers amid the AI boom.