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Business News brief 5 Oct 2026
A major cryptocurrency spending group is backing 32 House candidates from both parties ahead of the November midterms. Fairshake will spend $1 million each to support six candidates...
By NewsJaws News Feed · 1 min read Business German robot startup RobCo hits $1 billion valuation, CEO moves to US German robotics maker RobCo on Monday said it had passed a $1 billion valuation and that its CEO Roman Holzl had relocated to the United States to focus on the company's...
Business Accept ‘bad things’ in return for benefits of AI, says Sam Altman Boss of OpenAI calls for a regulatory light touch because of the ‘good stuff’ the technology can deliver Sam Altman says he believes the world should accept “bad things”...
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Business Average five-year fixed mortgage rate hits 6% for first time in three years Banks and building societies raise prices as turmoil in bond markets increases expectations of base rate rise The average cost of a five-year fixed-rate mortgage has hit the 6%...
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Business October Prime Day may start tomorrow, but these early deals are worth shopping today Amazon’s October Prime Day sale, Prime Big Deal Days, is tomorrow, but you don’t have to wait to save with 60 of the best deals worth shopping now.
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Business Euro falls to 17-month low against dollar amid French debt fears France’s CAC 40 index slides as announcement of snap election in Spain also helps fuel eurozone uncertainty Business live – latest updates The euro has slumped to the lowest...
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Business Their jobs were among the first to be changed by AI. Now some are trying to avoid it | CNN Business Laura Housh began using AI in her work as a software engineer in 2024, intrigued by the promise of how it could help with coding and other tasks. Now, roughly two years later...
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Business Coach services could be cut due to record diesel prices, operators warn Rising fuel costs are pushing hundreds of firms out of business, threatening school transport, firms say Business live – latest updates Coach operators have said record diesel...
Business Panmure Liberum forecasts S&P 500 falling to 5,000, warns bull run nearing end The benchmark S&P 500 will retreat to 5,000 points by the end of 2027, Panmure Liberum said on Monday, warning that the equity bull market could end sooner than many investors...
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Business BT to buy broadband supplier TalkTalk, saving 900 jobs UK’s fourth-biggest broadband provider has been seeking a buyer for several years Business live – latest updates BT has agreed to buy broadband supplier TalkTalk out of...
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Business Indian consumer firm Marico sees double-digit revenue growth in second quarter Indian consumer goods maker Marico said on Monday it expects second-quarter consolidated revenue to grow by double-digit percentage points, aided by strong domestic demand for...
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Business BOJ says AI boom may have eased financial conditions, warns of market risks Bank of Japan Deputy Governor Shinichi Uchida said the global AI boom may have eased financial conditions by stoking demand and boosting asset prices, but warned of the risk of...
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Business Markets bet on RBI rate hike as inflation pressure builds Investors have loaded up on bets that the Reserve Bank of India will raise rates this week, warning that it risks falling behind the curve as inflation quickens, growth remains...
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Business CSL strikes rare disease drug deal worth up to $1.6 billion with Swiss firm Alentis Australia's CSL said on Monday it had entered into an agreement with Switzerland-based Alentis Therapeutics to co-develop and co-promote a treatment for rare kidney and liver...
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Business Iran's oil minister resigns, state media says Iran's Oil Minister Mohsen Paknejad has resigned and Hamid Bovard, chief executive of the government-owned National Iranian Oil Company, will be in charge of the ministry as...
Business Latino voters, souring on Trump, swing toward Democrats, new poll finds The growing electorate played a critical role in Trump’s 2024 victory. Now, sentiment is dipping, particularly on economic issues, a new NBC/Telemundo poll finds.
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Business Hassett: ‘Mortgage rates have to come down’ Top White House Adviser Kevin Hassett tells Jake Tapper “President Trump hasn’t failed to deliver” on lowering mortgage rates and predicts they will come down "very quickly...
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Business Hassett blames ‘partisan pollsters’ for pessimistic consumer sentiment and says ‘the economy is booming’ Jake Tapper presses top White House Economic Adviser Kevin Hassett on low job creation and wage growth, high prices, and rising mortgage rates.