Topic Desk

Business

Markets, companies and the economy — summarized from multiple sources.

25stories in the current cycle
1
Business

Saudi Arabia looks to US for an AI edge as Yemen's Houthis up pressure

Saudi Arabia says it intercepted Houthi missiles and drones, while the Houthis claimed attacks on airports and energy sites amid rising regional supply risks.

2 sources1 min readUpdated 1:41 PM UTC
2
Business

SpaceX closes $40 billion debt deal for AI chips, Elon Musk says

Elon Musk said in an X post that SpaceX has closed $40 billion in debt financing to purchase GPUs.

1 source1 min readUpdated 12:37 AM UTC
3
Business

Behind ‘Mad Money’ was a brilliant writer viewers never saw. We lost him too soon

Jim Cramer remembers Cliff Mason, the head writer of "Mad Money," who died last week at age 41.

1 source1 min readUpdated 12:28 AM UTC
4
Business

Healey's Budget needs to sustain the stronger economy through gathering clouds

The economic is positive now but come January things could become trickier for the Labour government

1 source1 min readUpdated 12:26 AM UTC
5
Business

‘Ticking time bomb’: The world's pension funds face an ageing crisis

The world's pension systems are confronting a demographic crisis as longer lifespans and dwindling birth rates threaten to stretch retirement finances.

1 source1 min readUpdated 12:03 AM UTC
6
Business

Data centre debate heats up ahead of US midterms - here's what you need to know

Data centres are the lifeblood of our digital world, but there are growing concerns about their environmental impact.

1 source1 min readUpdated 11:44 PM UTC
7
Business

More pain may be coming for the AI trade. Why I’m not giving up on it

In his Sunday column for Investing Club subscribers, Jim Cramer explains why the AI trade has cracked and what he's doing about it.

1 source1 min readUpdated 9:13 PM UTC
8
Business

‘She’s living the dream’: My stepmother said I can buy my childhood home for $850,000. Is she taking advantage of me?

“My late father bought our house for $250,000 in the 1990s.”

1 source1 min readUpdated 8:15 PM UTC
9
Business

‘I don’t feel sorry for myself’: I’m 64 and will be renting for the rest of my life. Is that so bad?

He left his job due to health issues and suffered a massive stroke at 53.” “I married a wonderful man with a good income.

1 source1 min readUpdated 8:00 PM UTC
10
Business

We stopped helping our neighbors with free home repairs and our friendship cooled. Who’s to blame?

“Last summer, they complained about needing to replace their roof.

1 source1 min readUpdated 7:30 PM UTC
11
Business

Ukraine disputes Elon Musk’s claim that its military violated Starlink terms during drone operations

Ukraine challenged Musk’s claim that its military violated Starlink terms, arguing that commercial Starlink limits prevented medium- and long-range strike use.

1 source1 min readUpdated 6:18 PM UTC
12
Business

My father-in-law, 81, sold his $75,000 home to pay his daughter’s $50,000 debt. How can I keep him from becoming destitute?

“Nothing has been set aside for his needs.”

1 source1 min readUpdated 6:00 PM UTC
13
Business

The Guardian view on Oxford Street’s pedestrianisation: cities should be designed around people, not cars | Editorial

The transformation of Europe’s busiest shopping street should be a case study in making cities greener, less congested and more inviting places to live Sadiq Khan has be…

1 source1 min readUpdated 5:25 PM UTC
14
Business

My partner of 17 years left me his $1 million home. His children are livid. Am I obliged to split it with them?

“I never paid rent, although I put about $45,000 toward a new kitchen and a roof.”

1 source1 min readUpdated 5:00 PM UTC
15
Business

We have a $300,000 mortgage with a 2.75% interest rate. I want to pay it off. My husband says I’m crazy. Who’s right?

“I don’t want to enter retirement owing six figures when we have the cash to clear it.”

1 source1 min readUpdated 5:00 PM UTC
16
Business

Audi defends plans for a $4 billion Georgia plant amid VW restructuring, tariffs

Audi's CEO defended the company's plans for a $4 billion plant in Georgia, calling it a business decision to grow sales and reduce exposure to U.S.

1 source1 min readUpdated 4:42 PM UTC
17
Business

My spouse was awarded $90,000 from my 401(k) in our divorce. How is that fair?

“I retired in 2020 and subsequently went through a divorce a few years later.”

1 source1 min readUpdated 2:30 PM UTC
18
Business

All aboard the TrainTok trend: spotters and staff boost rail content online

According to the platform, the rise in rail content is also down to more people seeking information on cheap tickets, facts about the London Underground and tales from t…

1 source1 min readUpdated 2:00 PM UTC
19
Business

I paid off $11,000 of credit card debt in 18 months while still traveling, shopping and living my life

I racked up over $11,000 in credit card debt traveling, shopping and dining out.

1 source1 min readUpdated 2:00 PM UTC
20
Business

More than a third of S&P 500 companies are about to report earnings as market confidence cracks

“With cautious to negative market sentiment, it could be a tricky week,” one strategist says.

1 source1 min readUpdated 2:00 PM UTC
21
Business

My husband wants to sell our $1.5 million home and invest the proceeds. But this is where we raised our kids — and I can’t bear to leave.

“He wants to buy something for $600,000 now that we are empty-nesters.”

1 source1 min readUpdated 1:45 PM UTC
22
Business

Should you travel together? Ask these questions before booking: 'It'll save you time, money and disappointment'

Consider budget, accommodations, personal habits, alone time and more, say Anna Goldfarb and Nell McShane Wulfhart, experts in friendship, travel and decision-making.

1 source1 min readUpdated 1:38 PM UTC
23
Business

Cutting ‘red tape’ is nothing but a red herring – and arguably counterproductive | Heather Stewart

But as he prepares for his first budget on Wednesday, his government is yet to let go of one of its most tedious cliches: red tape.

1 source1 min readUpdated 1:00 PM UTC
24
Business

Worried about this stock-market selloff? Relief may be coming after the midterms — no matter who wins.

The nine months between Election Day and June 30 have seen the S&P 500 deliver an average return of 15.5% going back to 1950.

1 source1 min readUpdated 1:00 PM UTC
25
Business

Interest rates unlikely to reach 4.75% by next summer, say City economists

Experts say Bank of England unlikely to increase rates by full percentage point – and could lower them by end of 2027 Financial markets are wrong to predict the Bank of…

1 source1 min readUpdated 12:00 PM UTC

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