Europe’s leaders rush to release diesel from stockpiles as fuel-shock hangs over U.S. midterms
Europe leaders agreed Friday to release some of diesel stockpiles, pulling prices of oil down by more than 4%.
Finance & markets
Why Lilly and Novo are betting on amylin to power a new wave of obesity drugs after GLP-1s
Instead, drugmakers are developing treatments that can complement existing drugs and push weight loss further, or offer new options for potentially millions of people who may not get enough benefit from GLP-1s.
American starts letting customers mix cash and miles for tickets
American Airlines is joining carriers that allow customers to book with a combination of cash and miles, the latest change at the carrier as it tries to grow its lucrative loyalty program.
Form 144 ANALOG DEVICES INC For: 2 October
The listed share history includes restricted-stock vesting and ESPP purchases on dates from March 15, 2024, to March 29, 2025.
Stocks Climb as Weak US Economic News Eases Fed Rate Hike Concerns
The S&P 500 Index ($SPX ) (SPY ) is up by +0.90% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.23%. December E-mini S&P futures (ESZ26 ) are u…
How much higher can bond yields rise — and what does it mean for stocks?
Also in Weekend Reads: Adjustable-rate mortgage loans, Gen Z entrepreneurs and advice from the Moneyist.
Rivian tops Q3 delivery expectations, reconfirms 2026 guidance
Rivian reported a year-over-year increase in vehicle deliveries of 46% during the third quarter.
Oil prices fall on report of potential diesel, crude stock release; Brent back below $100
Oil prices were lower on Friday, extending losses from earlier in the session, following reports of a potential move to release additional diesel and crude stocks to ease a global supply shortage.
Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%
The U.S. economy created far fewer jobs than expected in September, pointing to a surprising soft spot in the labor market and broader economy.
Burger King is betting on local franchisees to fuel its U.S. comeback
Burger King is refranchising hundreds of its company-owned restaurants as part of its turnaround, while prioritizing local operators.
To win the humanoid-robots race, the U.S. needs this critical machine component that’s hard to find
Humanoid robots have the potential to revolutionize life as we know it — but the U.S. does not have a supply chain that can produce key parts.
David Ellison says combined Paramount and Warner Bros. Discovery will be named Skydance
Paramount Skydance CEO David Ellison announced Friday that upon closing his company's merger with Warner Bros. Discovery next week, the combined entity will be named Skydance.
Stocks Rebound as Bond Yields Fall from Multi-Decade Highs
U.S. stocks edged lower as Treasury yields rose to multi-year highs. Major indices declined, while optical communications stocks outperformed and tech performance remained mixed. Meta advanced following bullish analyst …
South Korean President Lee warns of 'measures' against Ukraine over prisoner row, demands apology
South Korean President Lee Jae Myung on Friday slammed Ukraine over its disclosure of handing North Korean prisoners of war to Seoul, demanding a public apology and threatening "additional measures" against Kyiv.
French bond sell-off ‘reminiscent of the euro crisis’ as Paris proposes cuts and tax rises – business live
France’s government did try to cool the situation yesterday, by proposing a budget for next year including €43bn in cuts and tax rises.
Washington’s big crypto bill is stuck. The SEC is pushing ahead anyway
The U.S. Securities and Exchange Commission has proposed new rules that would make it easier for investment advisers and regulated funds to hold cryptocurrencies on behalf of clients, as U.S. regulators push ahead with …
The secret signs the bond sell-off might be ending
A big options bet involving the utility sector could indicate a top in yields.
PennyMac Mortgage Investment Trust - Corporate Bond Price Target Increased by 14.03% to $37.10
The average one-year price target for PennyMac Mortgage Investment Trust - Corporate Bond (NYSE:PMTU) has been revised to $37.10 / share. This is an increase of 14.03% from the prior estimate of $32.54 dated September 1…
Brazil votes in high-stakes election as U.S.-China rivalry and debt loom large
Brazil will hold a knife-edge vote on Sunday as its presidential race kicks off — but the election's outcome is likely to be felt far beyond the country's borders. Voters will head to the polls to decide whether incumbe…
U.S. trade representative Greer says deal with India not 'imminent' after Modi-Trump call
U.S. trade representative Jamieson Greer on Thursday signaled that a deal with India was not on the cards soon, as Washington and New Delhi continue to hash out the finer points of a much-awaited agreement.
Bitcoin Makes Second Attempt at Rally Off Breakout Support
Bitcoin climbed back above $65,000 on July 15 and is currently trading just below $64,500 at the time of writing. $65,000 is a crucial psychological level, and the Bitcoin rally makes the crypto market more optimistic, …
U.S. to send third carrier group to Mideast as Trump warns of new Iran strikes
The U.S. is reportedly sending a third aircraft carrier strike group to the Middle East, as Trump weighs resuming bombing Iran after the midterms.
Corn Bulls Push Back to Close with Gains and Hold $5
Corn futures were fighting to stay above $5 for much of the session despite hitting a low of $4.95 in the December contract. Bulls battled back to close with contracts steady to 1 ½ cents higher. The CmdtyView national …
A Brexit reversal is on the table 10 years on from the vote that changed Britain. Here’s what’s at stake
U.K. Prime Minister Andy Burnham suggested this week that British voters could be given the chance to reverse Brexit, the country's highly contentious departure from the European Union a decade ago.