Markets
Japan's Real Wages Rise 4.6%
Nominal wages see largest gain since 1997, supporting potential Bank of Japan rate hike
Markets
Stock indices, IPOs, funding, currencies and the economy.
Markets
US Postal Service Warns of Cuts
Markets
Fed's Waller Backs Quarter-Point Rate Hike
Federal Reserve Governor Christopher Waller plans to support at least a quarter-point rate hike in December, citing high inflation, with a possible half-point hike if core consumer prices rise 0.3% or more
Markets
Japan Household Spending Slumps 6.8%
Bad weather leads to significant decline in transport, education, and entertainment spending in September
Markets
Ariana Grande Shares Intimate Video with Ricky Álvarez
The couple participated in a challenge where Álvarez correctly guessed the R.E.M Beauty lip products Grande was wearing through blind kisses, showcasing their romance and promoting her makeup brand
Markets
Turkey's Landfills Spew 7.4 Tonnes of Methane Hourly
Satellite observations reveal massive emissions from Turkish landfills as COP31 gets underway in Antalya, with the country aiming to cut methane output
Markets
Alphabet Reveals $548m Qualcomm Stake
Google's parent company discloses nearly 3 million shares in the chipmaker, worth $547.9 million, as of September 30, amidst mixed quarterly results for Qualcomm
Markets
Zcash Upgrade Locks $15M in Funds
The NU7 upgrade has gone live, speeding up private payments by reducing block times, but has also rendered around $15 million in legacy funds unspendable
Markets
US Median Net Worth: $215,900
The median net worth of US households is $215,900, while the mean is $1,241,500, according to the Federal Reserve's 2025 Survey of Consumer Finances, highlighting a significant wealth gap
Markets
OpenAI Eyes 2027 IPO
Company now generates majority of revenue from enterprise sales, competing with Anthropic, as President Greg Brockman confirms IPO plans
Markets
David Jones Falls Into Administration
Australia's 188-year-old upmarket department store chain faces uncertain future after failed talks with landlord Scentre Group, putting thousands of jobs at risk
Markets
3M Commits $7.35B to 'Forever Chemicals' Claims
The industrial conglomerate will settle personal injury claims over nine years, addressing 99% of current claims with an initial $50 million payment in 2026
Markets
Mike Johnson Out as House GOP Leader
Republican speaker of the House will not lead party next year after disastrous midterm defeat, yielding top spot to another member
Markets
US Firms Face Ongoing Cost Woes
Despite Democratic win, executives say higher energy and raw material costs will persist in the near term, with tariffs and trade wars still uncertain
Markets
Unilever Aims for €1 Billion Savings by 2029
The company plans to simplify operations and deal with stranded costs from combining its food business with McCormick & Co, with underlying sales growth targeted at 4-6% annually
Markets
Kraft Heinz Sells Coffee Unit
The food giant is divesting its North America coffee business to One Rock Capital Partners for $650 million as part of CEO Steve Cahillane's turnaround effort
Markets
BMW Cuts Outlook Again
The German automaker's net profit fell to 1.45 billion euros in the third quarter as it deepens restructuring efforts, citing higher severance payments and production ramp-up expenses
Markets
EloElo Group Raises $80M
The microdrama platform's parent company has secured funding from NBCUniversal and others to expand its global reach and invest in original content
Markets
Canva Cuts 22% of Workforce
The Australian graphic design platform is slashing 1,271 jobs as growth slows for the first time in a decade, and will provide $10,000 grants to departing employees
Markets
Grab Lifts 2026 Forecasts to $4.2B
Singapore's ride-hailing giant sees strong demand for its services, with revenue expected to rise to $4.15-4.20 billion, up from previous forecasts of $4.10-4.15 billion
Markets
Apple Stock Falls Despite Booming iPhone Sales
Rising memory costs and a slowing services business are dragging down the company's stock, despite strong iPhone demand
Markets
Marvell to Buy Lumentum for $115 Billion
The all-stock deal values Lumentum at $102.54 billion and expands Marvell's total addressable market to $550 billion, challenging rival Broadcom in the AI infrastructure market
Markets
Japan Factory Growth Slows
Japan's manufacturing PMI hits seven-month low in October as costs rise, while China, South Korea, and India also see slowdowns
Markets
Hrithik Roshan's Sweet Birthday Note
Actor shares romantic flight analogy for girlfriend Saba Azad on her 40th birthday, posting a heartfelt message on Instagram