Business

Business Oct 17

Great Recession Homeowner Now Renting in Her 50s Says Financial Ruin Is Not Moral Failure

A woman who lost her home in the 2008 crash argues that renting in middle age reflects a broken housing system, not personal failure, as millions of Americans over 50 remain renters.

2 min read MarketWatch

Business Oct 17

Treasury Yields Fall Despite Hot Inflation Data as Bond Buyers Step In

Consumer and producer prices both ran hotter than expected, yet Treasury yields fell as buyers stepped in — a signal stock investors can't afford to ignore.

2 min read MarketWatch

Business Oct 16

Benchmark Accuses Founder of Betraying Venture Firm by Backing Rival AI Startup

Benchmark has accused General Catalyst-backed founder Matt Degnan of "unethical conduct involving Cognition" after he allegedly invested in a competitor while sitting on a portfolio company's board.

2 min read TechCrunch

Business Oct 16

Changi Airport Named World's Best Airport for Art in Skytrax Awards

Singapore's Changi Airport has been recognized as the world's best airport for art, adding to its record 14 Skytrax World's Best Airport titles.

2 min read Condé Nast Traveler

Business Oct 16

AbbVie, Eli Lilly and Gilead Close Near Record Highs as Tech Selloff Drives Investors to Pharma

Shares of AbbVie, Eli Lilly and Gilead Sciences finished near all-time highs Thursday as a broad technology selloff pushed investors into health care stocks.

2 min read MarketWatch

Business Oct 15

Mortgage Rates to Stay Above 7% Through 2027, Two New Forecasts Predict

Fannie Mae and the Mortgage Bankers Association both project 30-year fixed rates above 7% into 2027, extending the affordability crunch for buyers and sellers.

2 min read MarketWatch

Business Oct 15

UK Economy Grows 0.1% in August, Beating Forecasts as Factory Output Offsets Stalled Services

Britain's GDP rose 0.1% between July and August, defying forecasts of a 0.1% contraction, as a 0.8% jump in production masked zero growth in the country's dominant services sector.

2 min read CNBC Top

Business Oct 15

Americans in Their 50s Who Lost Homes in 2008 Now Face Housing Market Priced Beyond Reach

A generation that lost homes during the Great Recession is now locked out of homeownership as prices and mortgage rates remain elevated.

2 min read MarketWatch

Business Oct 14

Skydance Stock Plunges 25% After Issuing 471 Million Warrants to Paramount Investors

Skydance Corp. shares fell as much as 25% Wednesday after the company issued 471 million stock warrants to Paramount investors, diluting existing shareholders.

2 min read Variety

Business Oct 14

Ayo Edebiri Wears Backless Saint Laurent Gown at Milan Fashion Week

The Emmy-winning actress sat front row at Saint Laurent's Fall 2025 show in a floor-length black gown with a dramatic open back, as creative director Anthony Vaccarello and new CEO Anthony Blazy push the brand's return to live runway shows.

2 min read Vogue

Business Oct 14

Goldman Sachs Projects Chinese Companies Will Capture 31% of Overseas Markets by 2035

Goldman Sachs forecasts Chinese companies will nearly double their overseas market share to 31% by 2035, warning that incumbent firms face ruthless consequences for losing ground.

2 min read CNBC Top

Business Oct 13

Anthropic to Disclose Revenue as AI Lab Valuations Hit $2 Trillion

Anthropic prepares to release updated revenue figures as the AI industry's financial transparency becomes critical to investor confidence, with OpenAI reporting $50 billion to backers.

2 min read CNBC Top

Business Oct 13

Bull Markets Don't Die of Old Age, History Shows as Wall Street Frets Over Aging Rally

Investors worried the bull market is running out of time should look at history: bull markets don't die of old age, they die of specific causes like recessions and policy mistakes.

2 min read MarketWatch

Business Oct 13

Ancient Teeth Reveal Lead Production Began in Britain by 7th Century, Study Finds

Chemical analysis of teeth from 80 people buried in Somerset shows lead production in Britain began centuries earlier than previously documented, with children as young as one showing exposure.

2 min read Phys.org

Business Oct 12

FAA Warns U.S. Airlines of Safety Risks Over Saudi Arabia After Riyadh Airport Shuts Down

The FAA told U.S. carriers to exercise caution flying in or around Saudi Arabia as King Khalid International Airport remains closed following strikes that began last week.

2 min read CNBC Top

Business Oct 12

Luxury Sector Growth Forecast to Slow to 2.7% in Third Quarter as China Demand Cools

Eight major luxury companies are expected to post average growth of just 2.7% in the third quarter, down sharply from 7% in the prior period, as Chinese demand weakens.

2 min read Vogue

Business Oct 12

Mamdani Housing Plan Rests on Tenant Organizer Who Blocked Evictions for a Decade

Zohran Mamdani's housing agenda depends on a veteran tenant organizer whose track record of blocking evictions now faces its biggest test.

2 min read Google News US

Business Oct 11

Retirees With Cash Win as Fed Rate Hikes Deliver 5% Yields, Punish Borrowers

The Federal Reserve's campaign to tame inflation has created sharply different outcomes for retirees depending on whether they hold cash or carry debt.

2 min read MarketWatch

Business Oct 10

Retail Investors Drive Record Margin Borrowing as Tesla Bets Test Household Budgets

Margin debt hit record highs as everyday investors borrow against brokerage accounts to amplify stock bets, with some wagering on Tesla from their childhood bedrooms.

2 min read CNBC Top

Business Oct 10

US Venture Capital Pours Into European Defense Startups as Pentagon Demand Outpaces Domestic Supply

American venture firms are redirecting billions toward European defense technology companies, drawn by faster procurement cycles and a surge in NATO military spending.

2 min read NPR News