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Business News

Location American Business News for 15 October 2026

Earnings Support Risk Assets, but Limits to Fed Rate Cut Weigh

Wall Street Journal - 15 Oct 2026 05:53
As long as economic growth outweighs the impact of higher interest rates, corporate earnings can provide support for risk assets, Eyb & Wallwitz said.
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Anthropic flags revenue surge to investors ahead of stock market debut It comes as some investors have become concerned about the amount of money being spent on AI infrastructure.
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Palantir CTO says AI researchers took up smoking to prove a hypothesis Shyam Sankar used the claim to attack what he called the "mass psychosis" around artificial intelligence.
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Nasdaq Futures Slide as Global AI Selloff Gathers Pace

Wall Street Journal - 15 Oct 2026 13:26
Nasdaq Futures Slide as Global AI Selloff Gathers Pace Stock futures were mixed, with the Nasdaq-100 down more than 1%, after U.S. producer price data posted its largest increase since early 2022, and amid a global rout in tech.
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Copper Prices Fall Amid Stronger Dollar

Wall Street Journal - 15 Oct 2026 05:57
Copper prices were lower as hotter-than-expected U.S. inflation data bolstered the dollar and Treasury yields, weighing on risk appetite
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Australia seeks feedback on crypto platform rules ahead of 2027 rollout The consultation follows Parliaments passage of digital asset legislation in April, with Australias securities regulator now proposing capital, custody and trading standards for crypto platforms.
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Ripples Korean Expansion Reaches From Remittances to Government Bonds Ripples Korean partnerships now connect cross-border business payments, bank-managed digital asset wallets, and blockchain-based settlement of government bonds. Its cooperation with Meritz Securities extends that strateg...
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Analyst Sees Bitcoin Beyond $175K as Market Structure Shifts Institutional ownership and changes in crypto financing may reduce bitcoins vulnerability to severe downturns, Siebert Financial analyst Brian Vieten argues. He sees expanding stablecoin payments as a catalyst for the cr...
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Bitcoin miners plunge up to 13% in Wall Streets worst selloff since July TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies.
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Will Jio raise tariffs? Here's what Akash Ambani said ahead of IPO rollout Ambani also identified home broadband as a major growth opportunity.
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Centre approves 30-day bonus for government employees: Check eligibility, ₹6,908 payout and service rules The Centre has approved a 30-day ad-hoc bonus for eligible Central government employees for 2025-26. The payout can reach ₹6,908 under the ₹7,000 monthly calculation ceiling, with pro-rata payments for shorter servic...
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Australia releases draft bill to adopt OECD crypto tax reporting framework Australia is among 77 jurisdictions committed to adopting CARF, with its first international exchanges of crypto tax data expected in 2028.
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Microsoft AI chief says the company beat OpenAI at its own game, using a quarter of the computing power Microsoft AI CEO said its latest AI model outperforms an OpenAI base model on certain pre-training metrics using a quarter of the compute.
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Walmarts $299 electric scooter reaches speeds up to 15 MPH, and it's over $100 off The Gotrax Rival Plus Adult Electric Scooter is 34% off at Walmart. It's a top-rated choice for its affordable price, long-lasting battery, and sturdy build.
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Pepsi loses more ground in the soda wars, as KFC switches to Coke As more people switch to Coke, some analysts are getting more worried about the state of archrival Pepsi.
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Netflix Replaces Bela Bajaria as Chief Content Officer

The New York Times - 15 Oct 2026 23:18
Netflix Replaces Bela Bajaria as Chief Content Officer Peter Rice, a former executive at Disney and Fox, will take over from Bela Bajaria, who had held the job since 2023.
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Living with a stink? Technology might help Smells from rubbish dumps and industrial facilities are being more carefully monitored.
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I find it quite demoralising in store - why I do all my shopping online After Primark announced plans for home delivery, we hear from women who never go into clothes stores.
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How Does Starshield Work and Who Controls It

Wall Street Journal - 15 Oct 2026 23:06
How Does Starshield Work and Who Controls It SpaceXs secure network for governments comes in many forms, including some services vital to the Ukrainian war effort.
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How Does Starshield Work and Who Controls It?

Wall Street Journal - 15 Oct 2026 23:06
How Does Starshield Work and Who Controls It? SpaceXs secure network for governments comes in many forms, including some services vital to the Ukrainian war effort.
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Multiliquid Raises $8M to Challenge Slow Settlement on Wall Street Multiliquid has secured $8 million in total funding after closing a seed round led by Polychain, with backing from Circle Ventures and five other investment firms. Developed by Uniform Labs, the platform addresses a stub...
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Retired before April 2023? ITAT allows LIC employee to claim tax exemption on ₹9.04 lakh leave encashment A retired LIC employee won ITAT Jaipur relief on ₹9.04 lakh in leave encashment after the tax department restricted her exemption to ₹3 lakh. The ruling examines whether the enhanced ₹25 lakh limit introduced in 20...
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