Finance News
Essential updates on global financial markets, banking, fintech, economic reports, personal finance, and investment opportunities.
Warsh Won’t Signal October Fed Move as Markets Price a Hold
Federal Reserve Chair Kevin Warsh used a Friday appearance at the IMF-World Bank annual meetings in Bangkok to refuse any steer on the central bank's…
US inflation rises to 3.7% as gasoline prices jump 9.1%
US consumer price inflation accelerated to 3.7% in the year to September, up from 3.4% in August and faster than the 3.6% economists had expected, Th…
US Inflation Hits 3.7% in Final Report Before Midterms
US consumer prices rose 3.7% in the 12 months to September, the fastest pace since the spring ahead of next month's midterm elections, Theguardian re…
India inflation hits 22-month high of 5.54% in September
India's headline retail inflation reached 5.54% in September, up from 4.82% in August and above the 5.40% economists had expected in a Reuters poll…
EU Caps Chinese Hybrid EV Imports at 350,000 a Year
The European Commission has confirmed an annual cap of 350,000 plug-in hybrid electric vehicles (PHEVs) imported from China, imposed under World Trad…
Trump Forms Committee to Weigh Firing Fed Governor Lisa Cook
Trump has created a committee of inquiry to weigh mortgage fraud allegations against Fed Governor Lisa Cook, with a White House hearing set for Nov…
US Dollar Holds Firm as Consumer Sentiment Hits 46.3
The US dollar held its ground after a fresh reading of American household confidence came in weaker than economists expected. According to Marketpuls…
Vest Labs Raises $13M Pre-Seed Led by Portal Ventures
Vest Labs raised $13M in a pre-seed round led by Portal Ventures, with angels from Citadel Securities, BlackRock and KKR.
UK five-year fixed mortgage rate hits 6% for first time in three years
The average five-year fixed-rate mortgage in the UK has reached 6.00%, the first time it has crossed that level in three years, according to figures…
Iran oil minister Mohsen Paknejad resigns amid 85% inflation
Iran's oil minister, Mohsen Paknejad, resigned on 5 October 2026, days after allegations that an intermediary trust selling Iranian oil abroad owed m…
Only 18% of US Investors Reach Advanced Literacy, Study Finds
Most US investors with money outside a workplace retirement plan can answer straightforward questions about stocks, bonds, inflation and interest. Th…
Moody’s Flags Western Fiscal Strain as EU Population Peak Nears 2029
Moody's warns Western aging populations will strain public finances long before populations shrink, with the EU peaking as soon as 2029.
Eurozone inflation jumps to 3.8%, highest since 2023
Eurozone inflation rose to 3.8% in September, up from 3.2% in August 2026 and the highest rate since September 2023, according to Theguardian. The fl…
US adds just 29,000 jobs in September as unemployment hits 4.2%
US employers added only 29,000 jobs in September and the unemployment rate edged up to 4.2%, a cooling in the labor market captured in the last month…
GB energy bills forecast to rise £276 a year from January
Household energy bills in Great Britain are forecast to rise by £276 a year for a typical home from January, according to analysis by the consultancy…
Fed watchdog finds mismanagement, no crime in $2.4bn renovation
Fed inspector general found mismanagement but no criminal violations in the $2.4bn headquarters renovation, easing pressure on former chair Jerome Po…
City advisers earn over £1bn as UK takeover deals surge 175%
The value of mergers and acquisitions involving UK-listed companies climbed 175% in 2026 to $132.9bn (£100bn), and the advisory fees attached to thos…
CFTC Sues Cash FX Over Alleged $950M Forex Ponzi Scheme
The Commodity Futures Trading Commission has filed a civil lawsuit against Cash FX Group and four related defendants, alleging the operation collecte…
UK diesel hits 198.32p as Bailey warns on rates
UK diesel nears record 198.32p a litre as BoE governor Andrew Bailey warns high energy prices make it harder to hold rates; Morgan Stanley now sees h…
Banks Warn AI Shopping Agents Raise Scam and Fraud Risks
A group of banks including Bank of America, Capital One and NatWest warns AI shopping agents raise scam, fraud and privacy risks, and urges new consu…
