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Business
Fed’s Williams Currently Sees No Need for Rate Hike in 2027
US home sales rose in September, but slowed from a year earlier as mortgage rates, prices rose
The latest inflation data is expected to show price increases are accelerating
JPMorgan Chase CEO Jamie Dimon warns of economic risks despite strong earnings
The first big batch of US profit reports for the summer has Wall Street mixed
Americans' wealth and income are up, but credit card debt is too
Insurance plan owned by NJ's biggest health companies exits the market
Bank of America hit with $1.2B penalty over anti-money laundering failures
Warning issued as Medicare scams pay their way into top results
Albertsons Pulls Full-Year Guidance, Plans Business Review
Billionaires Mount Last Push Against California Wealth Tax in $300 Million Fight
Social Security chief Bisignano says program will 'be around for another 90 years'
Austin-based Bumble to go private in $1.3 billion acquisition
Thousands of homeowners face adjustable-rate mortgage resets — and much higher payments
Rolls-Royce Holdings slides Tuesday, underperforms market
Social Security, COLA
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Older Americans are worried about projected Social Security COLA
Seventy-six percent of Americans aged 50 and older believe a 3.5 percent increase in benefits will not adequately help with costs.
Social Security's Historic 2027 COLA: Here's Everything You Need to Know
Social Security’s highly anticipated 2027 cost-of-living adjustment (COLA) reveal is less than 24 hours away.
COLA announcement: Social Security a day away from major benefits update
Years with higher inflation, such as 2026, result in higher COLAs and 2027’s increase is expected to be the highest in four years and the fourth highest since 2008.
2027 Social Security COLA to be announced. What SC retirees should know
South Carolina retirees are awaiting the 2027 Social Security cost-of-living adjustment, expected on Wednesday, Oct. 14.
IMF raises its forecast for world growth
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IMF raises its forecast for world growth this year but warns of risks from AI boom and debt
The International Monetary Fund has slightly upgraded its outlook for the world economy for this year, but it's forecasting growth at a still sluggish 3.1%. Growth in 2025 was 3.5%. Its
IMF Raises Its Forecast for World Growth This Year but Says Economies Will Slow in 2027
The International Monetary Fund has slightly upgraded its outlook for the world economy for this year, but it's forecasting growth at a still sluggish 3.1%
IMF raises its forecast for world growth but warns of risks from AI boom and debt
The International Monetary Fund on Tuesday slightly upgraded its outlook for the world economy for this year, while warning of growing risks from rising debt, including borrowing related to artificial intelligence.The IMF says it expects the global economy to grow at a 3.1% pace this year. That's up from its July forecast for 3.0% growth and well below the 3.5% expansion in 2025. Growth in 2027 should rebound to 3.4%, it said in its latest...
IMF Maintains 2027 Global Growth Forecast at 3.4% Amid Rising Risks
The International Monetary Fund (IMF) maintained its 2027 global economic growth forecast at 3.4%, warning that escalating Middle East tensions, rising government debt and persistent inflation could threaten the
JPMorgan, Goldman and Bank
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JPMorgan, Goldman Profit Jumps as Banks Kick Off Earnings
JPMorgan, Goldman, Wells Fargo and Citigroup reported third-quarter results, kicking off a mixed Wall Street earnings season.
Bank earnings live updates: JPMorgan, Wells Fargo, Goldman Sachs and Citigroup report
Follow live bank earnings coverage for JPMorgan, Wells Fargo, Goldman Sachs and Citigroup, with third-quarter results, calls and stock moves.
US bank earnings: How did JPMorgan, Goldman Sachs, Citigroup, Wells Fargo perform in Q3?
The results came after a turbulent quarter marked by the conflict in Iran, elevated oil prices and a global bond-market selloff, which affected dealmaking and trading activity across financial markets
Banks to provide first look at impact or rising bond yields
JPMorgan Chase, Wells Fargo, Goldman Sachs and Citigroup are all slated to report earnings for the third quarter, in that order, before Tuesday's opening bell. Investors will be looking closely for si
South Korea, Kospi
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South Korea's Kospi Index Sinks More Than 7% on Semiconductor Share Sell-Off Over AI Boom Worries
South Korea’s benchmark Kospi index has dropped more than 7% on Tuesday on a sell-off of chip shares and Asian shares mostly declined after U.S. stocks ended mixed
KOSPI Slumps as U.S. AI Chip Panic Spreads
SK Hynix and Samsung stocks drop as chip fears go global, with investors worried the AI trade won’t endure earnings season.
South Korea's Kospi crashes over 7% as AI boom worries trigger semiconductor stocks sell-off
The Kospi index was down 7.4 per cent to 5,914.35, its lowest level since late July. It reached an all-time high in June after crossing 9,000, supercharged by the global artificial intelligence boom.
Global Market: South Korea’s Kospi plunges over 7% as chip stocks tumble on CXMT concerns
South Korea’s Kospi plunged over 7% amid concerns about rising competition from Chinese semiconductor makers, triggering a temporary trading curb. Samsung Electronics and SK Hynix suffered sharp losses, while foreign investors sold equities heavily. Weak technology stocks, a softer won and falling bond yields reflected growing market uncertainty and investor anxiety.
LVMH, China
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LVMH Sales in Mainland China Fall by Double Digits
LVMH's sales in mainland China dropped by double digits in the third quarter, adding to doubts about the durability of a broader luxury recovery. Bloomberg's Angelina Rascouet reports.
LVMH Fashion Sales Fall 5% Amid China Slump
LVMH’s third-quarter fashion and leather goods sales fell 5%, worse than analysts expected, as weaker Chinese demand weighed on Louis Vuitton, Dior and other brands. Overall organic sales rose 1%, supported by growth in the U.
LVMH sales miss growth forecasts as China luxury demand slows
LVMH, the world's leading luxury group, said its sales edged higher in the third quarter despite a slowdown in demand in China hitting its fashion and leather goods segment. View on euronews
LVMH shares indicated lower as China weakness weighs on sales
Shares in LVMH were indicated to open lower on Tuesday after the luxury group missed third-quarter sales expectations, as weakening Chinese consumer sentiment weighed on its key division, home to brands Louis Vuitton and Dior.
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Six Flags financial trouble started well before tragic death
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IMF Flags Risks to Global Economy From AI Market Correction, War and Debt
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China’s trade surplus hits $938 billion for Jan-Sep as pressure ramps up to rebalance trade
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Citi profit jumps 40% with higher investment banking, services and wealth revenue
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Suncor Energy Inc. stock rises Tuesday, outperforms market
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More planning and more math, not work, can boost retirement prosperity
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