Weak Links Start to Show in A.I. Borrowing

New York Times - Oct 17, 2026

Debt trouble at CoreWeave, Oracle and SoftBank raises questions about whether there is broader trouble with the data center build-out.

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Netflix Hurries to Rewrite Its Narrative With Layoffs and a Sudden Firing

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Why Bad News in the Bond Market May Be Good News for Investors

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Oil hits $110 per barrel for first time since May

An international oil benchmark hit $110 per barrel on Friday, as the industry faces persistent shocks from the U.S.-Iran and Russia-Ukraine wars. The price of Brent crude oil, the international standard, hit $110 during Friday trading. That marked the first time it has reached that high since May 20, less than three months after the...

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Democrats rake in cash, Musk takes center stage for GOP: 5 takeaways from latest fundraising hauls

Democrats running in competitive Senate races are raking in cash as they race to close the financial gap with Republicans, who have been buoyed in part by Elon Musk and his super PAC. Democrat James Talarico’s campaign for Texas Senate alone raised a staggering $60 million between July, August and September, while Sen. Jon Ossoff...

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U.S. Budget Deficit Nears $2 Trillion, a Reality Check for Trump’s Cost Cutting

Higher interest rates are inflating borrowing costs as the Trump administration spends on the Iran war and tariff refunds.

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Indonesian Stocks Plunge as MSCI Threatens to Drop Market from Indexes

The potential downgrade by MSCI, an influential index provider, adds to a deepening crisis of investor confidence in the economic policies of President Prabowo Subianto.

Oct 16, 2026

Warsh Vows to Tame Inflation as A.I. Delivers ‘Shock’ to Economy

The Federal Reserve chairman stuck to his pledge to avoid providing guidance about the path forward for interest rates, but did nothing to convey an urgency to raise them later this month.

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Musk settles election lottery lawsuits over $1 million voter giveaways

Tech mogul Elon Musk agreed to settle two lawsuits over his $1 million check handouts to battleground voters in the 2024 election, according to court filings published Thursday. The suits, filed in the Western District of Texas, accused the Tesla and SpaceX CEO of defrauding voters when his America PAC offered a $1 million giveaway...

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Main Trump legal fund $1.9M in debt

President Trump’s primary legal fund is more than $1.9 million in debt, according to its latest filing with the Federal Election Commission (FEC). Save America PAC, which Trump formed after he lost the 2020 presidential election, spent more than $5.4 million in the third quarter and had spent more than $14 million from the start...

Oct 16, 2026

Warsh offers no fresh signals on interest rates

Federal Reserve Chair Kevin Warsh declined Friday to predict central bank officials’ future course on interest rates, less than two weeks before they meet to discuss monetary policy. “I don’t prejudge meetings. I don’t believe in saying now what I might do at the meetings that we have in the balance of this year,” Warsh...