Alphabet Stock Sinks, Dragging Nasdaq Lower
U.S. stocks declined, led by the Nasdaq Composite, after Alphabet's earnings disappointed investors and sparked another bout of AI worries.
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U.S. Economy Accelerated This Summer Despite High Gas Prices
The economy expanded 3.4% last quarter, driven by businesses and consumers and adding to evidence of an economy on a solid footing.
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PCE Inflation Accelerated Last Month
The inflation metric targeted by the Federal Reserve sped up in September, showing why elevated price increases hang over the central bank's next moves.
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ECB Leaves Rates Unchanged as Challenges Mount for Lagarde's Successor
France's bond market is in turmoil, energy prices are surging, and the ECB president's departure kicks off a consequential leadership shake-up.
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Federal Debt Hits 100% of GDP
Surging borrowing lifts the fiscal year-end debt ratio to the highest since 1946.
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U.S. Jobless Claims Unexpectedly Edge Lower
The number of people who filed for unemployment benefits was 194,000 in the week through Oct. 24, 1,000 lower than the revised 195,000 reported a week earlier.
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Gulf Oil Giants Work to Expand Overseas Storage As War Exposes Supply Risks
With the Iran war threatening key energy infrastructure and shipping lanes, producers are increasingly looking beyond their borders to keep crude flowing.
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Irish Economy Surges Again in Boost to Eurozone
The growth is pushing hopes for a continued expansion across the eurozone as a whole, despite higher energy costs.
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Eurozone Economic Sentiment Fell Again in October
The conflict in the Middle East continued to keep energy prices elevated, putting further pressure on consumers and businesses.
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Oil Prices Fall as Traders Weigh U.S.-Iran Diplomacy
U.S. Vice President JD Vance sent a letter to the secretary of Iran's Supreme National Security Council, in an effort to revive peace negotiations, The Wall Street Journal reported.
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RBA's Blunt Messaging Raises Questions About Peak in Rates
Financial markets in Australia are all but certain that the RBA will raise interest rates for a fifth time this year at its policy meeting next week.
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The Fed's AI Puzzle: Will High Rates Slow the Boom?
Chairman Kevin Warsh said higher rates are reaching the investment surge and growth is broadening beyond it. The positions cut in opposite directions for where to set rates.
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