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Trump's China summit shows toll of a difficult year for the president The Washington PostA state banquet, selfies with Musk and Huang's noodle run: The spectacle of Trump's Beijing visit CNBCBrass bands in Beijing make way for sticker shock at home as Trump returns to escalating inflation AP NewsOpinion | The Good-News-Is-No-News China Summit WSJ
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Surging gasoline and energy prices, as well as the cost of groceries, have pushed the forecast for the cost-of-living adjustment higher.
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Israel's military says Gaza strike kills Hamas armed wing leader Haddad ReutersIsrael Kills Hamas's ‘Ghost' After Years of Failed Attempts WSJIsrael says it killed one of the last Hamas leaders involved in planning Oct. 7 attacks The Globe and MailIsrael Says It Killed Hamas's Top Leader in Gaza The New York TimesIsrael carries out strike targetin
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GOP Sen. Bill Cassidy fights to hold onto seat in Louisiana primary against Trump-backed challenger CBS NewsTrump's drive for political revenge faces a key test in Saturday's Louisiana Senate primary CNNTrump rips Cassidy as ‘disloyal disaster' ahead of high stakes primary The HillWhat to Watch i
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Here's What Science Tells Us About the Risks of Hantavirus WSJOsterholm on hantavirus: We're missing ‘main point of this outbreak' cidrap.umn.eduCould hantavirus spread like COVID-19? University of CaliforniaHawaii doctor: Hantavirus ‘is not the next pandemic' Hawaii News Now
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‘Unhinged' bond yields resets Fed rate-cut odds thestreet.comStephen Miran exits the Fed. How he set the stage for Kevin Warsh. CNBCGood luck, Kevin Warsh! You're going to need it CNNDominoes are steadily falling in the path of the rate cuts Trump wants to see from Kevin Warsh Fortune
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Israel says strike targeted the last senior Hamas leader involved in Oct. 7 The Washington PostIsrael carries out strike targeting most senior Hamas military leader in Gaza CNNGaza airstrike targeted Hamas military wing leader, Israel says NPRIsraeli Strike Targeted Top Hamas Leader in Gaza, Officials Say The New York Times
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LIRR strike shuts down nation's busiest commuter train line, union says 'we're far apart' GothamistNorth America's largest commuter rail system shuts down as workers strike Toledo BladeOfficials outline contingency plans ahead of midnight LIRR strike deadline Spectrum News NY1Long Island Rail Road, America's largest commuter railroad, is on strike CNN
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Users turn to jailbreaking their older Kindles as Amazon ends support TechCrunch5 E-Readers To Replace Your Old Kindle With Before Amazon Ends Support bgr.comI jailbroke my old Kindle, but I found a safer way to add books - for free ZDNETAmazon Is Shutting Down Support for Older Kindles Soon. Here's How You Can Save Yours PCMagWe're calling on Amazon to stop its plan to junk older Kindles PIRG
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The small-cap Russell 2000 led U.S. stocks lower on Friday — yet it has outperformed all major indexes except the Nasdaq in 2026.
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Trump says Xi agrees Iran must open strait, China says war should not have started ReutersTrump returns from China with no Iran breakthrough — and a decision to make CNNTrump reveals Xi's stance on arming Iran as Hormuz tensions rattle markets Fox NewsTrump, Xi Project Hormuz Alignment Despite No Iran Progress Bloomberg.com
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I lost my flight attendant job when Spirit shut down. I've had to manage my emotions and am hopeful I'll find new work soon. Business InsiderMeet the pilots flying Spirit Airlines' yellow jets to the desert CNBCSpirit Was the Only Airline in Town. Now What? The New York TimesThe World's Highest-Flying Repo Men Are Collecting Spirit Airlines' Jets WSJ
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Long Island Rail Road Strike Shuts Down Busiest U.S. Passenger Rail Service The New York TimesLIRR strike shuts largest railroad in nation as unions, MTA fail to reach deal | Live updates ABC7 New YorkLong Island Rail Road, America's largest commuter railroad, is on strike CNNOfficials outline contingency plans ahead of midnight LIRR strike deadline Spectrum News NY1
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Some see ‘King of the North' as UK government's savior. First he needs a seat in Parliament AP NewsIt's Been a Wild Week in British Politics. What Happens Next? The New York TimesThe race to replace Starmer is on - but he still faces a momentous choice BBCLabour tries to unite — so Farage can't wreck their leadership fight politico.euAndy Burnham, Britain's could-be prime minister, is a man of two parts The Economist
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The Countries Profiting From the War Oil Shock, as Others Lose Out The New York TimesGlobal oil stockpiles could hit record lows if Strait of Hormuz remains closed CNBCMapping the Iran war's trade disruption The EconomistOil Prices Stay Stuck Despite ‘Consensus' That Strait of Hormuz Will Reopen in June Barron's
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U.S. President Donald Trump had said arms sales to Taiwan would be on the agenda for his talks with Chinese President Xi Jinping which ended Friday.
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Scientists find hidden brain nutrient deficit that may fuel anxiety ScienceDailyA Common Nutrient May Play a Surprising Role in Anxiety SciTechDailyAnxiety may leave a chemical fingerprint in the brain that is linked to a common food nutrient Earth.comCholine's Crucial Impact on Brain Development Bioengineer.orgPeople With "Anxious Brains" Are Low In This Nutrient, New Study Shows MindBodyGreen
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IDF confirms death of Hamas military chief following Gaza strike The Jerusalem PostIsrael carries out strike targeting most senior Hamas military leader in Gaza CNNIsrael says it killed a top Hamas leader PBSIsraeli Strike Targeted Top Hamas Leader in Gaza, Officials Say The New York TimesIsrael says strike targeted the
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Appaloosa sold off its entire positions in Delta, American and United, while loading up on shares of Amazon and Uber.
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‘Billionaires versus billionaires': Inside the bizarre scenes of the OpenAI trial NBC NewsThe 5 most unhinged revelations from Elon Musk's lawsuit against OpenAI vox.comSam Altman Is Taking a Lot of Punches on the Witness Stand Mother JonesClosing arguments conclude in Musk v. Altman, jury to deliberate next week CNBC"Do You Always Tel
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The deal, which Beijing has not commented on, would be a major win for Boeing, which has lost ground to Airbus in one of the world's largest aviation markets.
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Thursday marked another day of choppy trading for stocks as investors considered a round of data that showed the U.S. economy remained resilient even in the face of the Federal Reserve's aggressive rate-hike campaign.
SEE MORE 16 Dividend Kings for Decades of Dividend Growth
Ahead of this morning's open, data from the Labor Department showed weekly jobless claims fell for a fifth straight week, underscoring strength in the labor market. Additionally, the Commerce Department said retail sales rose 0.3% month-over-month in August, beating economists' expectations for a slight decline in consumer spending.
"This [retail sales] report is not good for the Fed's goals of slower inflation," says José Torres, senior economist at Interactive Brokers. "The Fed would like to see consumers slow down their spending and debt accumulation to slow down inflation. Higher rates provide an incentive to save, not to spend, and that's part of the reason why tighter monetary policy brings down demand and inflation." As such, Torres says the market is not only expecting a 75 basis-point rate hike at next week's Fed meeting, but one at the November meeting too. (A basis point is one-one hundredth of a percentage point.)
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By the close, the market had taken a decisive turn lower as the 10-year Treasury yield jumped 3.5 basis points to 3.447%. The tech-heavy Nasdaq Composite suffered the worst of it, slumping 1.4% to 11,552. However, the S&P 500 Index (-1.1% to 3,901) and the Dow Jones Industrial Average (-0.6% at 30,961) also ended solidly in the red.
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