Bloomberg Markets

Zambia Says Some Copper Sales to China to Be Settled in Renminbi

Zambia said Chinese buyers of its copper exports will start paying for some of their metal purchases in renminbi from next year, part of a growing move among African nations to use the Chinese currency instead of the dollar.

business  Oct 14, 2026

Financial Times

This is an era of Davids, not Goliaths

Why smaller powers are thwarting bigger ones

business  Oct 14, 2026

NY Times Business

Social Security COLA for 2027 Will Be 3.6%

The cost of living adjustment, or COLA, for next year will be the largest since 2023. Retirees will see the extra money in their benefit checks starting in January.

business  Oct 14, 2026

Bloomberg Markets

Phosphate Giant Seeks Foreign Investors as War Squeezes Finances

Morocco’s phosphate giant OCP SA is looking to attract foreign investors for some of its businesses, as supply disruptions caused by the Iran war hit profits at the state-owned company.

business  Oct 14, 2026

Financial Times

Berkshire Hathaway adds $330mn to stake in tech group Bending Spoons

Shares of conglomerate that owns AOL and Vimeo jump more than 50% on news of expanded investment by Nebraska asset manager

business  Oct 14, 2026

Bloomberg Markets

Anthropic Investor Day Focuses on Growth

Anthropic is holding an investor day as it advances plans for a potential IPO at an approximately $2 trillion valuation, amid growing concerns about AI safety and threats. Momei Qiu of PSP Growth says market sentiment around AI is shifting quickly as new information emerges. Qiu expects discussions to center on the trade-offs between growth and capital expenditures, as well as Anthropic’s anticipated valuation. (Source: Bloomberg)

business  Oct 14, 2026

Washington Post Business

Social Security paychecks will go up by about $75 a month in January

Seniors on Social Security will see higher benefits starting in January to offset inflation, which has been weighing on the economy all year.

business  Oct 14, 2026

MarketWatch

Social Security’s COLA will be 3.6% in 2027 as inflation persists

The increase is aimed at helping about 68 million beneficiaries keep pace with inflation

business  Oct 14, 2026

NY Times Business

Gas Costs a Third More Than a Year Ago

Energy prices have surged since the start of war with Iran, lifting inflation in the United States.

business  Oct 14, 2026

Bloomberg Markets

CPI ‘Opens the Door More’ to October Fed Hike, Says PGIM’s Sockin

Robert Sockin, chief US economist at PGIM, says the US economy needs two more rate hikes at a minimum and that “the broader direction is up” for interest rates even if the Federal Reserve does not move at this month’s meeting. (Source: Bloomberg)

business  Oct 14, 2026

Bloomberg Markets

Fed Weighs More Hikes on Inflation Concerns

Barclays senior US economist Pooja Sriram said higher interest rates are a blunt tool that tighten financial conditions and hit rate-sensitive sectors such as housing and autos first. While rising Treasury yields and the bond selloff have added restraint, she said it is unclear whether conditions are restrictive enough. With oil prices rising again, further pressure on housing and auto demand could create uneven economic damage without resolving inflation. Sriram said the Fed’s approach, reflect

business  Oct 14, 2026

NY Times Business

Here’s the latest.

business  Oct 14, 2026

Bloomberg Markets

Resilient Growth Cushions Tech Amid Rising Rates

Julia Herrmann of New York Life Management tells Vonnie that the current macro and market backdrop remains favorable: economic growth is resilient, and although rates are rising, they have not yet climbed enough to threaten the growth outlook. Addressing concern that remarks from Broadcom and Intel CEOs could signal a tech selloff, she says investor focus has shifted. After years of watching for a lower limit on company investment, markets are increasingly concerned that spending—first among hyp

business  Oct 14, 2026

Bloomberg Markets

Hilton Tashkent Owner TEG Becomes First Uzbek Firm to List in US

Uzbekistan’s Tourism Entertainment Group became the country’s first company to list in the US as businesses from Central Asia’s second-largest economy are becoming increasingly popular among overseas investors, allowing them to raise money on international markets.

business  Oct 14, 2026

NY Times Business

Hollywood Agents and Producers Push to Restore Glory Days of Indie TV

A new alliance seeks legislation to force the biggest entertainment and streaming companies to devote half of their content budgets to independent producers in the U.S.

business  Oct 14, 2026

Bloomberg Markets

US Consumer Prices Rise at Fastest Pace in Five Months

The US consumer price index rose 0.6% in September from a month earlier, and 3.7% on an annual basis, according to the Bureau of Labor Statistics. The data shows gas prices rose by 9.1%. Bloomberg's Michael McKee has the initial reading. (Source: Bloomberg)

business  Oct 14, 2026

Financial Times

He linked Saudi Arabia to Silicon Valley. Then OpenAI found a bug wrapped in toilet paper

Arrest of computer engineer Abdulrahman Alfozan has shocked tech figures in Saudi Arabia, where he is deeply connected

business  Oct 14, 2026

Bloomberg Markets

Dollar Advances to Highest Since May 2025 on Fed Hike Views

The dollar strengthened to the highest level in over a year as hot US inflation reading pushed traders to add to bets that the Federal Reserve will raise interest rates.

business  Oct 14, 2026

Bloomberg Markets

US Treasuries Slump as Hot Inflation Lifts Fed Rate-Hike Bets

US Treasuries slumped after hotter-than-expected inflation prompted traders to boost their expectations that Federal Reserve officials raise interest rates later this month and next year.

business  Oct 14, 2026

Financial Times

US inflation jumps to 3.7% as Iran war drives up prices

Rebound in fuel costs has piled pressure on voters ahead of midterm elections

business  Oct 14, 2026