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Post-Midterms Market Rout Spreads to Europe Ahead of ECB Decisions
Today is the deadline for nominations to replace Christine Lagarde
GLOBAL NEWS WIRE
2,291 articles · newest reporting from independent and international publishers
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AST SpaceMobile to Build Own Rocket to Compete with SpaceX
AST SpaceMobile Inc., a satellite company that competes against SpaceX, announced that it is building its own rocket that will be powered by engines from Firefly Aerospace Inc.
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Is AI Degrading Our Music Taste?
"AI systems were built on data that was stolen." Max Richter tells Mishal Husain that human composers should get paid when AI uses their work to make music. (Source: Bloomberg)
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US Adds 165,000 Jobs In October, Topping All Estimates
The US added 165,000 jobs last month, topping all forecasts. Average hourly earnings advanced and the unemployment rate edged lower. Job gains were broad across sectors, led by increases in professional and business services and…
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Stocks Hold Gains After Jobs, Chipmakers Surge, More
Source: Bloomberg, 0:00
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Protesters Break Into Microsoft Data Center Site in Amsterdam
More than 100 protesters broke into a data center construction site for Microsoft Corp. in Amsterdam on Friday, part of wider coordinated action planned across Europe against such facilities through the weekend.
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US Treasuries Stumble as Strong Labor Market Lifts Fed-Hike Bets
Treasuries dipped after an unexpected surge in US job growth led traders to add to wagers that the Federal Reserve will raise interest rates when officials next meet in December.
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US Adds 165,000 Jobs, Topping All Forecasts in Broad Advance
US job growth surged in October and the unemployment rate edged lower, a sign of labor-market strength in an expanding economy.
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Canada Jobless Rate Rises to 6.7% Amid Small Employment Decline
Canada's unemployment rate edged up to 6.7% in October as more people looked for work and employment fell modestly, pointing to ongoing softness in the labor market.
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Home-Renovation Expense Keeps Rising as Companies Pass on Costs
Households squeezed by high grocery and gas prices are facing another hit: rising costs for home repairs and upgrades.
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UK & Europe Avoid Worst of Stock Rout
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews…
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Iceland PM: Don’t Need Permanent US Troops in Iceland
There is no need for the US to station permanent troops in Iceland says Kristrún Frostadóttir, Prime Minister of Iceland. Nevertheless, Frostadóttir sees opportunities for the US and Iceland to continue to cooperate when it comes to…
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Anthropic IPO Valuation Expectations Pressured After AI Rout
Prospective investors in Anthropic PBC’s initial public offering are facing a weekend of uncertainty ahead of the kickoff of formal marketing, after a punishing post-election selloff in AI stocks prompted a rethink of the company’s…
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Strategist Who Warned Before Rout Sees Anthropic as Bigger Risk
One of the few Wall Street strategists to turn cautious on stocks ahead of Thursday’s selloff warned that a potential Anthropic PBC debut may prove a more decisive event than the US midterms.
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UBS’s Abigail Watt on Jobs, Inflation and Fed Policy
Abigail Watt, US economist at UBS, discusses the US jobs outlook, persistent inflation and the path for Fed policy. Watt explains why UBS expects further tightening and weighs how a slowdown in AI investment could affect US economic…
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Next Africa: Zambia Rides the Good News as Critics Cry Foul
The cloud of controversy over a post-election clampdown still sits heavily over Hichilema’s administration.
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Ph.D.s Making $800,000 Distort the Value of the Degree
Getting a Ph.D. is the best thing I did for my career; it was also the worst experience of my life. No job I have had since required the degree. But it was still necessary; it taught me to think critically, cultivated my curiosity and…
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Pentagon Taps Robotics Startup in Push for Cheap Attack Drones
The Pentagon has tasked US robotics startup Machina Labs with trying to mass-produce cheap attack drones in quickly assembled modular factories as autonomous systems continue to change modern warfare.
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AI Stocks Rebound as Investors Weigh Whether Selloff Is Over
US stocks showed signs of stabilizing Friday as dip buyers stepped in to support the battered artificial intelligence trade, though the severity of this week’s rout has left investors questioning whether the worst is over.
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China’s State Council Calls for Stronger Stock Market Stability
China’s State Council pledged to improve mechanisms to stabilize capital markets and make the stock market more resilient, as authorities step up support efforts.
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Here's Why Gerrymandering Failed in the US Midterms
Source: Bloomberg, 0:00
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French Protests Draw Record Numbers as Macron’s Approval Ratings Tank
Boarded up stores will likely remain a part of the landscape for some time to come.
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Sweden’s Far Right Drops Key Demand to End Political Paralysis
Sweden’s far right made a push to end two months of political deadlock that established parties have been unable to break.
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