Chinese exports rise amid AI-driven demand | Economic and commercial news
Exports increased 36.3% in September, the largest increase since the COVID-19 pandemic. Published on October 14, 2026October 14, 2026 Chinese exports jumped by more than a third in September, a boost for the world’s second-largest economy as it…
Bank of America (BAC) results for the third quarter of 2026
Brian Moynihan, Chairman and CEO of Bank of America, speaks with David Rubenstein, President of the Economic Club of Washington, during an event at the Ritz-Carlton February 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images Bank of America…
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Bank Stocks Rise on JPMorgan, Goldman Profits as Chip Stocks Fall: AlphaCheck
Good morning. Stocks were mixed Tuesday as banks kicked off earnings season and semiconductor stocks sold off. Financial Services (XLF) led the Dow Jones Industrial Average’s (^DJI) gains after shares of JPMorgan (JPM) and Goldman Sachs (GS) rose…
Amazon Acetaminophen Recall Over Discolored Tablets, FDA Says
Find out what clicks on FoxBusiness.com. More than 112,000 bottles of Amazon brand extra-strength acetaminophen have been recalled after consumers reported discolored pills, according to the Food and Drug Administration (FDA). Aurobindo Pharma USA, a New…
Stock Market Today: Dow, S&P 500, Nasdaq Futures Up Ahead of CPI Inflation and Earnings Data
U.S. stock futures drifted higher in premarket trading Wednesday as the third-quarter earnings season began and investors awaited new inflation data. Dow Jones Industrial Average Futures (YM=F) and the S&P 500 (ES=F) increased by 0.1%. Contracts for…
IMF chief says Scott Bessent’s growth plans won’t reduce US debt
IMF Managing Director Kristalina Georgieva (left) speaks with US Treasury Secretary Scott Bessent before a morning working meeting aimed at “relaunching balanced, inclusive and sustainable economic growth for the benefit of all” in the…
U.S. Department of Energy issues power grid emergency in 13 states
The emergency order is intended to mitigate the risk of power outages. WASHINGTON, DC – The U.S. Department of Energy has issued a power grid emergency for the PJM Interconnection region. The emergency order, which goes into effect Oct. 13-16, is…
China lets Visa start preparing credit card payments, weeks before third Xi-Trump meeting
U.S. payments giant Visa said Tuesday it has received approval to prepare to set up a bank card clearing business in China, a move that could allow Visa to compete for a share of the country’s vast payments market. Some analysts see the development…
IMF chief warns AI ‘slow tsunami’ is coming – and could let Gen Z graduates become baristas
The world is just beginning to feel the impact of AI on the job market, according to Kristalina Georgieva, director of the International Monetary Fund. The coming disruption, she said, was akin to a “slow-moving tsunami” and warned that young workers…