Fed officials feared inflationary pressures would spread, minutes show
Federal Reserve officials worry that rising costs related to energy, AI investments and other shocks could spill over into broader, more persistent inflation, according to minutes of the central bank’s Sept. 15-16 meeting. Why it’s important:…
Without tariffs, inflation on goods would have fallen (New York Fed)
President Donald Trump speaks about his new tariff plan at the White House in Washington on April 2, 2025. Brendan Smialowski | Afp | Getty Images The cost of many everyday items would have fallen last year and early this year without tariffs imposed by…
Chrysler Building to restore crown after sale – BBC News Africa
The Chrysler Building will have its crown restored after its sale BBC Chrysler Building restoration plan announced Dézeen Tishman Speyer takes over Chrysler building with major renovation plans The New York Times Chrysler Building to get facelift as…
The new electric car “makes or breaks for Jaguar” – BBC
The new electric car “makes or breaks for Jaguar” BBC Jaguar’s new electric car is a high-stakes bet on a whole new aesthetic CNN Jaguar relaunches with a superb 1,000 horsepower electric Type 01 GT New Atlas Jaguar’s ‘ambitious’…
Stock futures fall as oil prices rise after Iran deal prospects fade (SPX:)
FilippoBacci Stock index futures fell Thursday after oil prices rose as prospects for a peace deal between Iran and the United States looked difficult. Dow Futures (UNDUE) -0.8%, S&P 500 futures (SPX) -0.5%, and Nasdaq futures (US100:IND) -0.7%.…
Soaring diesel prices could impact your wallet in several ways. Here’s how
Updated October 8, 2026, 7:29 a.m. ET When you fill up the tank and your eyes turn to the diesel pump, you might shake your head and thank your lucky stars that your car doesn’t run on diesel. But much of the U.S. economy runs on diesel, from…
US Treasury Yields: Investors Await 30-Year Bond Auction
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, United States, September 28, 2026. Brendan McDermid | Reuters U.S. Treasury yields climbed Thursday as traders digested comments from a senior Federal Reserve official while…
India says Musk’s claim about ‘oligarchs’ blocking Starlink launch is ‘baseless’
Top line The Indian government rejected Elon Musk’s project on Thursday. complaints that “some oligarchs” were blocking the deployment of its Starlink satellite internet service in the country, and said it had put in place “fair…
PepsiCo beats expectations, lowers guidance in effort to stabilize North America business
PepsiCo (PEP) reported third-quarter results Thursday that beat Wall Street expectations, but lowered its earnings outlook as the company struggles to regain momentum in the U.S. market. “We continue to act with a high sense of urgency to sustainably…
Oil jumps 5% as Iran steps up attacks on Hormuz tankers
Brent crude rose back above $105 a barrel today amid reports of increasing Iranian attacks on oil tankers in Hormuz. while U.S. Gulf Coast operators began production stoppage and prepare refineries for an approaching storm. At the time of writing, Brent…