Economy & Markets
Utilities Should Be Public Services, Not Businesses
Utilities should be treated as essential public services rather than businesses, according to reader responses published in Business | The…
G7 to Release Up to 100 Million Barrels of Emergency Oil and Diesel
Led by France, G7 nations agreed to release up to 100 million barrels from emergency oil and diesel stockpiles following…
UK Diesel Prices Hit Record £2 Per Litre Amid Supply Disruptions
The average price of diesel in the UK reached a record £2 per litre on 2 October, driven by supply…
Stocks Weighed by Higher Yields and Oil Prices
Stocks remained under pressure this week as higher yields and higher oil prices continued to weigh on equity markets. According…
UBS Sets Threshold for 10-Year Treasury Yield Investors Should Worry
UBS has outlined a specific Treasury yield threshold at which income investors may no longer be protected from capital losses,…
Anthropic to Invest $100 Million in AI Engineer Training
Anthropic will invest $100 million to train nearly 10,000 AI engineers, partnering with consulting firms to expand technical talent. The…
DOJ Declines to Reopen Criminal Probe Into Former Fed Chair Powell
The Department of Justice has decided not to reopen a criminal investigation involving former Federal Reserve Chair Jerome Powell, according…
Cerebras Stock Plunges to Post-IPO Low Amid Nvidia Pressure
Cerebras stock fell to its lowest level since going public, dropping 20% this week as investors reacted to competitive pressure…
AI Threatens Jobs and Home Prices, Egan-Jones Report Says
AI economy risks pose a significant threat to employment and housing markets, according to a new report from credit-ratings agency…
AI Boom Lifts Stocks Even as Rate Hikes Weigh Down Market
The AI boom has pushed up the stock market even as interest rates have pulled it down, our columnist says.…