Business
Belmont Park Got a $550 Million Makeover. Will Fans Show Up?
The 300,000-square-foot so-called entertainment zone has scaled down capacity for horse race spectators, but added spaces for concerts and other performances.
NYT Business·
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Business
Why Europe Really, Really Needs a Mild Winter
The economy has been resilient despite higher prices stemming from the war in the Middle East, but that could change quickly if cold weather forces countries to tap depleted gas reserves.
NYT Business·
Business
The Working Class Face a ‘Class Ceiling’ in Elite Occupations
Being female or a person of color has long been seen as a disadvantage in hiring and promotion. A new study of college professors shows that class may loom as large.
NYT Business·
Business
These European Cities Say They Have Too Many Tourists. Why Are Their Airports Expanding?
Airport expansions in places like Venice, Barcelona and the Spanish island of Mallorca can undermine local efforts to restrain overtourism, and can even enable more tourists to come.
NYT Business·
Business
Iran War Will Make Winter More Expensive for Some Americans
The cost of heating oil, which is similar to diesel and used extensively in Northeastern states, has climbed sharply because of the war in Iran.
NYT Business·
Business
Japan Raises Interest Rates to 31-Year High Under U.S. Pressure
The Bank of Japan’s widely expected move followed an unusual campaign by Treasury Secretary Scott Bessent for higher rates.
NYT Business·
Also coveredCNBC
Business
A Chinese AI company just connected its model to Wall Street's leading data providers
The startup Moonshot said it signed on financial industry giants from investment bank CICC to venture capital firms
CNBC·
Business
Oil prices fall for third day on Saudi Arabia supply hopes; U.S. crude briefly dips below $100
Oil prices fell on Friday as additional Saudi crude supplies help ease disruption fears.
CNBC·
Also coveredMarketWatch
Business
Trump administration advances $24.3 billion fighter jet deal to Saudi Arabia as Houthis escalate attacks
The deal comes as Iran-backed Houthis escalate attacks on Saudi Arabia and seek control of the strategically important Bab el-Mandeb Strait.
CNBC·
Business
Why Is It So Difficult to Regulate A.I.?
There has been considerable debate over regulating the artificial intelligence industry, but much of that effort has stalled. Cecilia Kang, a technology reporter for The New York Times, explains why.
NYT Business·
Business
Stock futures are little changed after Thursday's post-Fed bounce: Live updates
The major averages rose in Thursday's regular trading session following Wednesday's first Federal Reserve interest rate hike in three years.
CNBC·
Business
Why Japan’s markets flipped the usual script after central bank rate hike
The yen weakened past 157 against the dollar, the yield on the 10-year Japanese Government Bond slipped, while the Nikkei 225 gained 1.5%.
CNBC·
Business
Bitcoin is set to hit a key level by next year as fiscal worries prop up the cryptocurrency: VanEck
Sigel said that conversations with institutional clients, from advisors to sovereign wealth funds indicate that they are all buying bitoin.
CNBC·
Business
Pokémon card curbs send shares of Japanese online marketplace Mercari on a bumpy ride
Mercari shares are clawing back losses after Pokémon card listing restrictions triggered a selloff earlier this week.
CNBC·
Business
China Stockpiled Oil, and Now It Could Dominate the Energy Landscape
The war with Iran revealed just how much influence the world’s biggest oil importer has over prices and other countries’ supplies of jet fuel, gasoline and diesel.
NYT Business·
Business
UN mission finds evidence signaling U.S. war crimes in Iran; Washington rejects report
The UN mission pointed out the missile strike on a primary school that killed over 150 people, as well as another airstrike which killed 22 civilians.
CNBC·
Business
Bank of England Holds Rates Steady but Warns of Higher Inflation
The decision was announced a day after data showed the fastest pace of price increases in months.
NYT Business·
Business
Anthropic shares 3 metrics to help AI companies monitor pace of development
Anthropic said it measured AI-led research and development, oversight of AI agents and compute allocation within the company.
CNBC·
Business
Searing Elon Musk Film Nears U.S. Release Amid Overseas Concerns
Alex Gibney’s “Musk” will arrive in United States theaters next month. Universal says it remains committed to releasing it overseas but has yet to set dates.
NYT Business·
Business
The 10-year Treasury is having its worst run in over 100 years. Why investors are buying bonds anyway.
“The higher that yields go — for at least new money — it becomes more enticing to think about putting money into bonds,” one strategist notes.
MarketWatch·
Business
Micron, Intel and other chip stocks are furthering their strong comebacks
Investor fears about an AI spending slowdown and the impact of interest-rate hikes are subsiding.
MarketWatch·
Business
Wall Street is betting Trump backs down on Iran — but what if the ‘TACO’ trade fails this time?
For six months, investors had a playbook: when Trump threatens Iran, buy the dip, because he always backs down. But in September, the playbook stopped working.
MarketWatch·
Business
As Republicans tout Trump's 'big beautiful bill,' here's who the tax breaks benefited most
As the midterm elections approach, Republicans are touting President Donald Trump's "big beautiful bill" to voters. Here's who benefited from the tax cuts.
CNBC·
Business
Tesla’s upcoming product frenzy could leave investors disappointed
Slower-than-expected robotaxi progress is still a chief concern, according to experts.
MarketWatch·
Business
Trump photo appears to reference Kennedy Center demolition, judge orders advance notice of any move to knock it down
President Donald Trump wants his name on the Kennedy Center. But a judge has ruled it cannot be placed there without authorization by Congress.
CNBC·
Business
Pet insurance or savings account: What’s the best way to plan for a big vet bill?
You want to make sure your pet can receive the care they need when an emergency happens — but is pet insurance the best way to prepare for that?
MarketWatch·
Business
Pokémon has turned 30, and Target is set to cash in on the anniversary craze
As people clamored for Pokemon’s 30th-anniversary card set, Mizuho analysts noted long lines and sold-out items at Target stores.
MarketWatch·
Business
Lawmakers must 'keep their options open' on Social Security reform, former Treasury Secretary Jack Lew says
The next U.S. president and candidates for Senate this November will be tasked with addressing Social Security's funding shortfall.
CNBC·
Business
My brother-in-law expects my husband and me to pay for his food every time we go out. How can I tell my husband I don’t want to do this anymore?
“We also pay for the daughter’s food and drinks and she doesn’t usually even eat half of the meal.”
MarketWatch·
Business
This is the only cybersecurity stock that can post big gains, according to one analyst
Zscaler’s stock has missed out on the cybersecurity sector’s big rally this year — but it could soon get its moment in the spotlight
MarketWatch·
Business
Amazon’s secret weapon against Walmart could be a massive blitz in same-day delivery
BofA analysts say Amazon’s reported plans to expand same-day fulfillment centers represent an effort to make basic goods “immediately accessible.”
MarketWatch·
Business
World Bank Courts Private Financing Amid Global Debt Burden
The World Bank president, Ajay Banga, has worked to make the development institution a magnet for private capital as donor nations face budget constraints.
NYT Business·
Business
Trump Blasts the Fed But Spares Kevin Warsh After Interest Rate Hike
The president blasted the rest of the Fed — and kept up his demand for a cut — but spared Fed Chairman Kevin M. Warsh from the criticism.
NYT Business·
Business
Trump Looks Isolated on Interest Rates
The Federal Reserve’s unanimous vote to raise its benchmark lending rate has rankled President Trump, who continues to demand lower borrowing costs.
NYT Business·
Business
The Fed Raised Rates. What Comes Next?
Kevin M. Warsh, the chairman of the Federal Reserve, on Wednesday left open-ended how much more interest rates may have to rise to tame inflation.
NYT Business·
Business
OpenAI reports 6 new instances of 'concerning model behavior' since March
OpenAI has disclosed six new cases of model misbehavior and offered a framework for disclosing future instances, as the debate over AI model safety intensifies.
CNBC·
Business
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
The Wall Street Journal·
Business
Canada to Provide $720 Million to Canada Post to Avoid Insolvency at Mail Service
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.
The Wall Street Journal·
Business
Amazon Willing to Discuss Quebec Shutdown With Canadian Officials
Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to 1,700 people losing their jobs.
The Wall Street Journal·
Business
Target Drops DEI Goals and Ends Program to Boost Black Suppliers
Once a stalwart supporter of Black and LGBTQ rights, the retailer joined corporate America’s retreat from DEI initiatives.
The Wall Street Journal·
Business
Energy & Utilities Roundup: Market Talk
Find insight on Cnooc, YTL Power International, Ampol, and more in the latest Market Talks covering energy and utilities.
The Wall Street Journal·
Business
Novo Nordisk Shares Surge on New Obesity Drug Results
Novo Nordisk shares rose sharply after the Danish pharmaceutical giant said an experimental weight-loss shot helped patients lose 22% of their body weight in a clinical trial.
The Wall Street Journal·
Business
EU Conditionally Approves International Paper's $7.16 Billion DS Smith Buy
The European Commission said that the parties’ offer to sell five of International Paper’s plants in Europe fully addresses its competition concerns over the deal.
The Wall Street Journal·
Business
Google to Put Warnings on U.K. Businesses Using Fake Online Reviews
The search giant has offered to start punishing British businesses that boost their star ratings with fake reviews and the people that post them, ending the U.K. competition watchdog’s investigation into online reviews.
The Wall Street Journal·
Business
Ericsson Shares Slump as Earnings Hit by Weakness Outside of Core Networks Business
The company’s shares fell to the bottom of the Stoxx Europe 600 index as higher operating costs and weakness in some of its business units dented earnings.
The Wall Street Journal·
Business
Verizon Results Boosted by Higher Prices, Gain in Wireless Customers
The New York telecommunications giant’s quarterly earnings beat Wall Street forecasts as higher prices helped to boost revenue.
The Wall Street Journal·
Business
If You Need to Escape a Wildfire in an EV, Here Is What to Know
Driving an electric car in a wildfire emergency has its own unique challenges and benefits.
The Wall Street Journal·