Business

Business Oct 10

Bank and Chip Earnings Take Center Stage as Q4 Reporting Season Opens

Major banks and semiconductor companies report fourth-quarter results next week, giving investors their first hard data on how tariffs and AI spending are reshaping corporate profits.

2 min read CNBC Top

Business Oct 9

Wall Street Landlords Cut Home Purchases as Mortgage Rates Near 7%

Institutional investors bought just 0.5% of U.S. homes in the first quarter of 2025, the lowest share on record, as borrowing costs push the smart money toward renting instead of owning.

2 min read MarketWatch

Business Oct 9

PepsiCo CEO Tells Employees: Grow or Get Out

PepsiCo CEO Ramon Laguarta told employees that anything at the company not tied to growth will be cut, according to a message reported by MarketWatch.

2 min read MarketWatch

Business Oct 9

AI Leaderboard Arena Raises $200M at $3.1B Valuation, Nearly Doubling in 10 Months

Arena, the UC Berkeley-born AI model ranking platform, has raised $200 million in Series B funding, pushing its valuation to $3.1 billion as demand for independent AI benchmarks surges.

2 min read TechCrunch

Business Oct 8

Mixing Manure With Plant Waste Boosts Biogas Profits, Study Finds

A new study finds that co-digesting manure with plant material can make biogas production profitable for dairy farms while cutting greenhouse gas emissions.

2 min read Phys.org

Business Oct 8

Fed Minutes Show Officials Backed September Rate Cut but Rejected Steady Series of Hikes

Federal Reserve officials supported September's rate cut as insurance against stubborn inflation but saw no case for a sustained hiking campaign, according to meeting minutes released Wednesday.

2 min read MarketWatch

Business Oct 8

New York Fed Survey Finds Americans More Pessimistic About Their Finances as Gas Prices Climb

A growing share of U.S. households say they are worse off than a year ago and expect their finances to weaken further, according to the New York Fed, as gas prices jump nearly 4% in a month.

2 min read CNBC Top

Business Oct 7

Fed Survey Shows Consumers Expect 3.9% Inflation Over Next Year, Highest Since May 2023

The New York Fed's Survey of Consumer Expectations found median one-year inflation expectations jumped to 3.9% in September, while household spending growth projections hit their highest level in over a decade.

2 min read CNBC Top

Business Oct 7

Paramount-Warner Bros. Discovery Merger Clears Final Hurdle, Closing After 18-Month Review

Paramount's $28 billion acquisition of Warner Bros. Discovery won final regulatory approval and will close, creating a studio housing HBO, CNN, CBS and Paramount Pictures under one roof.

2 min read NPR News

Business Oct 7

Marvell Stock Jumps as AI Chip Orders Turn Forecast Into Beat

Marvell Technology shares climbed after the chipmaker topped revenue and earnings forecasts and raised its outlook, signaling that AI data-center demand is translating into real orders.

2 min read MarketWatch

Business Oct 6

British Airways to Install Record 106 Business Class Seats on A380 Jets

British Airways will pack 106 business class seats into its Airbus A380s, the most of any carrier, as airlines chase premium revenue on long-haul routes.

2 min read CNBC Top

Business Oct 6

Intel Shares Fall After Musk Signals Second Chip Partner for Terafab Venture

Intel shares dropped after Elon Musk suggested another semiconductor firm could join the Terafab chip manufacturing project, raising doubts about Intel's role in the venture.

2 min read MarketWatch

Business Oct 6

Fairshake Crypto PAC Network Backs 32 House Candidates With $120 Million War Chest

The crypto industry's largest political network is backing 32 House candidates this midterm cycle, including at least $1 million each for six incumbents, as it sits on $120.4 million in cash.

2 min read CNBC Top

Business Oct 5

China Shutters Hundreds of Rural Banks as Lender Profits Collapse

Beijing has merged or closed hundreds of rural banks this year after return on assets at these lenders fell to 0.45% in the first half, down from 0.56% in 2021.

2 min read CNBC Top

Business Oct 5

October Opens With S&P 500 Down 1.2% as Shutdown Halts Payroll Data and AI Stocks Retreat

The S&P 500 fell 1.2% in the first two sessions of October as a government shutdown froze federal jobs data and AI-linked shares kept sliding from September highs.

2 min read MarketWatch

Business Oct 5

Informal Businesses Deserve a Place in Entrepreneurial Ecosystems, Systematic Review Argues

A systematic review in the International Journal of Entrepreneurship and Small Business argues that informal businesses should be integrated into entrepreneurial ecosystems rather than treated as separate from them.

2 min read Phys.org

Business Oct 4

US Wages Fall Behind Inflation as Energy Prices Surge, Echoing 1970s Stagflation

Real wages are shrinking as energy costs and inflation spike, creating economic conditions not seen since the 1970s.

2 min read MarketWatch

Business Oct 4

Brazil Election: Wall Street Bets on Bolsonaro as Prediction Markets Show 60% Win Probability

Brazilian stocks have rallied alongside Bolsonaro's polling numbers as investors bet on fiscal discipline over Lula's spending promises in the October runoff.

2 min read CNBC Top

Business Oct 4

Mortgage Rate Lock-In Traps Homeowners as Second-Mortgage Originations Jump 20%

Homeowners holding sub-4% mortgages are staying put rather than trading up, and many are borrowing against their equity to renovate instead.

2 min read CNBC Top

Business Oct 3

McKinsey Asia Chair Says Top CEOs Master Contradictory Thinking

Gautam Kumra, who leads McKinsey's Asia operations, says the best owner-CEOs in the region share one trait: the ability to hold opposing ideas at once.

2 min read CNBC Top