Market & news
Follow the latest in stock markets, technology, business, and personal finance, and understand what the news means for your money.
AI chip stocks fell on October 13 as China’s CXMT advanced in memory technology and Huawei gained AI-chip market share, raising concerns over competition and AI valuations.
by Ryan Perrakis//5 minute read
Kroger plans to eliminate 3,000 corporate jobs over three years as CEO Greg Foran streamlines operations, expands AI use and redirects savings toward store employees and lower prices.
by Scott Matherson//4 minute read
Social Security’s 2027 cost-of-living adjustment will be announced Wednesday, October 14. Forecasts point to a 3.5%–3.6% increase, but the final figure depends on September inflation data.
by Kayode Adeoti//5 minute read
China imported more than 1,000 tonnes of gold worth $158.8 billion through August 2026. Here’s what is driving demand and how it could affect gold prices.
by Scott Matherson//6 minute read
Wells Fargo reported third-quarter 2026 revenue of $21.87 billion, below estimates, while earnings per share beat expectations at $1.87.
by Ryan Perrakis//4 minute read
The World Bank Group has mobilized nearly $6.7 billion in private capital for Egypt since fiscal 2022, supporting renewable energy, ports, housing and startups.
by Best Owie//5 minute read
The Dow rose 0.4% on October 12 while the S&P 500 and Nasdaq fell as investors assessed rising oil prices, AI stock valuations and upcoming bank earnings and US inflation data.
by Ryan Perrakis//4 minute read
Fannie Mae and Freddie Mac now allow eligible lenders to use VantageScore 4.0 alongside Classic FICO, reshaping mortgage underwriting and loan pricing.
by Scott Matherson//5 minute read
7-Eleven, Starbucks, Walgreens and GameStop are shrinking parts of their US store networks in 2026 as retailers reassess costs, customer demand and underperforming locations.
by Ryan Perrakis//5 minute read
Showing 9 of 9 entries.
