Business & Economy
Markets, trade, work and prices, and which outlets reported which numbers.
387 stories · page 12 of 19
Divergence, source breadth, recency and a broader regional mix.
Business & EconomyResearchers Hack OpenAI Using Anthropic AI Model
Cybersecurity researchers used Anthropic's Claude AI to access OpenAI's internal systems by exploiting a vulnerability in the company's community forum. The team gained access to an employee's ChatGPT account, which was linked to the code repository, and reported the findings to OpenAI, receiving a $6,500 reward.
4 min readTrust 50 · Craft 65 · Hype 45
Business & Economy · Latin AmericaUS firm to take over Venezuelan oilfields from Chinese and Russian companies
A U.S.-backed company, North American Blue Energy Partners, is set to take over oilfields in Venezuela previously operated by Chinese and Russian firms. The deal grants the U.S. government a significant stake and preferential access to production.
Latin America4 min readTrust 78 · Craft 65 · Hype 15
Business & Economy · United KingdomHSBC reports $9.6bn profit and $1bn share buyback
HSBC announced a 32% rise in third-quarter pretax profit to $9.6 billion, alongside a share buyback programme of up to $1 billion. Revenue reached $18.6 billion, slightly below forecasts, while net interest income increased.
United Kingdom2 min readTrust 58 · Craft 85 · Hype 15- Business & Economy · United States
US federal deficit hits $432bn in July, fiscal year gap reaches $1.8tn
The US federal budget deficit reached $432 billion in July, a record for the month, pushing the fiscal year-to-date gap to $1.799 trillion. Higher outlays and reduced tariff revenues drove the increase, with calendar shifts adding $99 billion to July spending.
United States4 min readTrust 74 · Craft 77 · Hype 15
Business & Economy · United StatesUS to Lift Tariffs on Some Canadian Goods
The United States will lift tariffs on certain Canadian products and impose new duties on others, effective October 30. Nine categories of exports will be exempt from a 50% U.S. tariff, while new taxes will apply to dozens of other goods.
United States2 min readTrust 64 · Craft 77 · Hype 15
Business & EconomyHugging Face Explores Sale at Over $13 Billion Valuation
AI platform Hugging Face is exploring a sale at a valuation of at least $13 billion, according to reports. This comes after the company was valued at $4.5 billion in 2023. The potential sale could reshape the AI landscape.
3 min readTrust 60 · Craft 55 · Hype 20- Business & Economy · United States
Tyler Herro joins Milwaukee Bucks, dismisses contract concerns
Tyler Herro, a Milwaukee-area native, has returned to his hometown team after the Bucks acquired him in a trade that sent Giannis Antetokounmpo to the Miami Heat. Herro, who has one year left on his contract, said he is not focused on his free agency after the 2026-27 season and is eager to help the Bucks rebuild after a 32-50 season in 2025-26.
United States4 min readTrust 62 · Craft 51 · Hype 20
Business & EconomyGlobal Stocks Rise, Oil Falls as Inflation Fears Ease
Global stock exchanges saw increases on Monday while oil prices declined. This trend emerged as concerns about inflation lessened, with investors expecting the US Federal Reserve to hold interest rates steady. Weaker than expected US job creation data contributed to these expectations.
2 min readTrust 30 · Craft 45 · Hype 20
Business & Economy · Middle EastFire at Zawiya oil depot in Libya destroys 4.5m litres of gasoline
A fire broke out on 10 August 2026 at diesel tank No. 402 at Libya’s Zawiya oil depot, destroying an estimated 4.5 million litres of gasoline. The cause remains unknown, and no casualties were reported. The blaze followed a drone strike at the same refinery two days earlier.
Middle East4 min readTrust 74 · Craft 85 · Hype 15
Business & Economy · United StatesLDS Church Leader Warns Against Online Gambling and Prediction Markets
D. Todd Christofferson, a leader in the Church of Jesus Christ of Latter-day Saints, warned that online prediction markets and sports betting are promoting greed, especially among young people. He spoke at the church's semiannual general conference in Salt Lake City.
United States3 min readTrust 68 · Craft 87 · Hype 15
Business & Economy · United StatesUS Strategic Petroleum Reserve falls to 40-year low below 300 million barrels
The US Strategic Petroleum Reserve has dropped below 300 million barrels for the first time since 1983, reaching its lowest level in over 40 years. The drawdown, aimed at stabilising fuel prices during the Iran war, has raised concerns about cavern integrity and future emergency response capacity.
United States5 min readTrust 74 · Craft 58 · Hype 32
Business & Economy · European UnionFrench riots damage around 3,000 businesses, potential losses could top €13 billion
Weekend unrest in France left roughly 3,000 shops damaged and could generate claims exceeding €13 billion. Authorities launched a digital tool to identify looters, and insurers prepared to assist, though coverage may be limited.
European Union3 min readTrust 76 · Craft 95 · Hype 30- Business & Economy
Paramount settles lawsuits over Warner Bros. Discovery acquisition
Paramount has settled lawsuits brought by state attorneys general and the Writers Guild of America concerning its acquisition of Warner Bros. Discovery. The settlements pave the way for the $81 billion deal to proceed, pending final court approval.
4 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · Middle EastOil Prices Dip Ahead of New US Sanctions on Iran
Oil prices declined as investors anticipated the announcement of new US sanctions against Iran. US Treasury Secretary Scott Bessent is set to reveal the measures, which Iran has dismissed. Asian stock markets remained flat.
Middle East3 min readTrust 42 · Craft 57 · Hype 41
Business & EconomyStock Indexes Rally as Nvidia, Amazon Gain; Burry Bets Against Tech
The Dow Jones Industrial Average and other major stock indexes rallied Tuesday. Nvidia and Amazon.com were among the winners, while Michael Burry holds bearish positions against top tech names.
2 min readTrust 42 · Craft 57 · Hype 65
Business & Economy · European UnionUS urges EU to release oil reserves to lower global prices
The White House is pressuring European countries to release emergency oil and diesel reserves to combat rising global prices. The US is also considering a ban on diesel exports to control domestic fuel costs before the November midterm elections.
European Union4 min readTrust 50 · Craft 65 · Hype 45- Business & Economy · China
China and US agree $30bn tariff cut and AI dialogue
China and the US have agreed to a $30 billion reciprocal tariff-reduction arrangement and to launch dialogue on artificial intelligence. The consensus was reached during Chinese President Xi Jinping's visit to Washington.
China3 min readTrust 60 · Craft 65 · Hype 20 - Business & Economy
Norway fund may invest in nuclear weapon firms, report says
Norway's sovereign wealth fund may be permitted to invest in companies producing nuclear weapons, according to a commission report. The fund currently excludes 14 such firms. The commission also suggests altering the role of the Ethics Council.
4 min readTrust 86 · Craft 95 · Hype 28
Business & Economy · ChinaSK Hynix seeks US approval for China chip equipment exports
SK Hynix is asking the U.S. for permission to send chipmaking equipment to its facility in Dalian, China. This request is linked to the company's plans to build a new NAND factory in the United States.
China2 min readTrust 42 · Craft 59 · Hype 41
Business & Economy · Asia-PacificUS to hold deep‑sea mining lease sale near American Samoa, says Olsen
The United States is preparing its first offshore deep‑sea mining lease sale off American Samoa. The Marine Minerals Administration will offer two seabed tracts of roughly 31 million acres, with bidding on 19 November 2026, while local groups and environmentalists protest the plan.
Asia-Pacific2 min readTrust 78 · Craft 72 · Hype 15