33 result(s) for “Business”
Speaking at the IMF-World Bank meetings on October 16, 2026, Federal Reserve Chair Kevin Warsh emphasized price stability while refusing to preview upcoming policy decisions, intensifying uncertainty over whether the Fed will raise rates again this month and how quickly it will tighten further.
A hotter than expected Consumer Price Index print on October 15, 2026, ignited renewed bets on Federal Reserve rate hikes and triggered a sharp retreat in AI and chip-related stocks, dragging U.S. equity indexes lower and refocusing investor concern on financing risks for capital intensive technology firms.
The Bureau of Labor Statistics releases September consumer price data on Oct. 14. Markets and retirees will use the reading to gauge near term Federal Reserve policy and to fix Social Security cost of living adjustments.
A spike in oil prices after renewed attacks on Saudi Arabia sent U.S. equity markets into mixed trading on October 13, 2026, intensifying investor concern that higher energy costs could push up inflation and prompt further Federal Reserve tightening.
President Trumps announcement that the United States will temporarily accept Russian diesel imports jolted oil markets and raised fresh questions about inflation, transatlantic relations and the political calculus ahead of the November midterms.
Evernorth completed a business combination with SPAC Armada Acquisition Corp. II and began trading on Nasdaq on October 12, 2026 under the ticker XRPN, marking a high profile U.S. listing whose balance sheet and business model rest on the XRP token and tokenization strategies.
The Justice Department has opened a civil investigation into whether five major television networks violated federal antitrust law when they briefly suspended pooled coverage of the White House after the administration revoked access for three outlets. The probe adds a new regulatory and legal risk to broadcast operations and reshapes the commercial landscape for news distribution in the United States.
Independent costume stores from Chicago to Omaha opened their doors on October 10 for the inaugural National Independent Costume Store Day, a new celebration organized by the National Costumers Association to spotlight local shops that supply Halloween, theater, cosplay and community events.
Coinbase Financial Markets stopped listing sports event contracts to Michigan residents and closed remaining positions on October 10, 2026, complying with a stipulation with the Michigan Gaming Control Board as regulators and prediction markets clash over whether those contracts constitute state regulated gambling.
Federal Reserve Governor Christopher Waller said on Oct 8 that additional interest rate increases will probably be needed to bring inflation back to 2 percent, while stressing flexibility on timing and leaving open the possibility of holding rates at the Fed’s October meeting. The remarks pushed markets to reassess the path of policy and sharpened focus on data between now and December.
Minutes from the Federal Reserve’s Sept. 15-16 meeting, released Oct. 7, 2026, show officials judging that another interest rate increase is likely needed to prevent sector specific price shocks from broadening into persistent inflation. The guidance tightened market expectations for higher borrowing costs later this year and sharpened debate over growth risks for the United States economy.
Long term U.S. borrowing costs have stayed near multi decade highs as the 10 year Treasury yield hovers above 5 percent. This week s slate of large note and bond auctions will be watched closely for signs the Treasury can absorb supply without pushing yields higher.
As OPEC+ holds a scheduled meeting on October 4, 2026, U.S. firms and policymakers are bracing for decisions that could keep refined fuel prices elevated, intensifying inflation pressures for transport, logistics and manufacturing and complicating the Fed’s policy calculations.
Essendant’s WARN filings that set Oct. 3, 2026 as the effective date for closures in six states have gone into effect, removing about 1,278 positions and leaving communities and local workforces scrambling to respond.
Kylian Mbappé has ended a relationship with Nike dating back to childhood and signed a cash-and-equity deal with Swiss sportswear brand On as the company prepares a major expansion into global football.