Crypto exchange Binance suffered a security breach affecting an estimated $6.3 billion in assets, with two analytics firms attributing the attack to a North Korea-linked hacking unit. Roughly $3 billion in crypto assets have been frozen as the exchange works to contain the fallout.
The Federal Reserve left its benchmark interest rate unchanged this week, pointing to continued US economic growth despite earlier concerns about a slowdown. Policymakers signaled a cautious, data-dependent approach to any further moves.
President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if no trade deal is reached. Honda warned such an increase would be catastrophic for the broader auto industry.
Markets overwhelmingly expect the Federal Reserve to leave its benchmark interest rate unchanged this week, following an increase in September. Fed policymaker Kevin Warsh has signaled that further hikes could follow if inflation pressures persist.
A federal judge has fast-tracked the Justice Department's lawsuit over Alaska's Senate race ahead of Election Day. Mary Peltola is seeking dismissal of the case, whose outcome could decide control of the Senate.
Nvidia will invest $3 billion directly in Meta Platforms, deepening ties between the two AI giants. The move is part of Meta's plan to raise $95 billion for artificial intelligence infrastructure.
DoorDash is in talks to acquire grocery-delivery rival Instacart in a deal worth roughly $17 billion, a person familiar with the matter told the Wall Street Journal. A combination would unite two of the largest U.S. on-demand delivery platforms as competition from Walmart and Amazon intensifies.
The U.S. Department of Justice has filed a new indictment against former FBI Director James Comey, the third attempt to prosecute him since President Donald Trump fired him in 2017. Comey has repeatedly denied wrongdoing, and earlier charges against him were dismissed by federal judges.
Microsoft is offering voluntary buyouts to around 60,000 employees as it tries to balance a rapid AI infrastructure build-out with capital efficiency. The offer comes as the company continues pouring billions into data centers to support its artificial intelligence ambitions.
Anthropic, the company behind the Claude chatbot, told US regulators in its initial public offering filing that its own technology carries a 'catastrophic risk' to humanity. The disclosure makes Anthropic the first dedicated AI developer to pursue a US stock listing, with Alphabet and Amazon both named as existing investors.
Crude oil fell more than 2% as traders balanced the threat of further strikes on Saudi Arabian energy infrastructure against worries that high prices are starting to erode fuel demand. Both Brent and WTI benchmarks slipped in early trading.
Private equity firms poured $4 billion into defense technology startups in the first nine months of 2026, up from $500 million in 2024. Investors and analysts are now warning the sector shows signs of overheating.
Elon Musk claimed Ukraine's military violated Starlink's terms of service during drone operations against Russian forces. Kyiv rejected the accusation, saying it has used the satellite system within the bounds of its agreement with SpaceX.
Elon Musk said SpaceX has raised $40 billion in debt financing to fund graphics-processor purchases for its expanding AI and satellite operations. Musk predicted a coming shakeout among 'neocloud' firms that rent out AI computing capacity.
Creditors to JetBlue are working with restructuring adviser PJT Partners as the airline weighs its financial options. A surge in jet fuel costs tied to the Iran war has squeezed margins despite steady travel demand.
Venezuelan opposition leader Maria Corina Machado has returned to Caracas after months in exile, according to fellow opposition figure Edmundo Gonzalez. Her return comes amid deepening doubts about the country's democratic process.
Canadian convenience-store operator Alimentation Couche-Tard has proposed an offer worth up to $8 billion for Cumberland Farms, The Times reported. The Massachusetts-based fuel and convenience chain would add hundreds of stores to Couche-Tard's North American network if the deal goes through.
Alaska Senate candidate Mary Peltola and a voters' rights group have sued to stop the Trump administration from blocking certification of the state's Senate race. The suits argue the administration has no legal basis to delay confirming results that preliminary counts show favor a Democratic win.
Amgen says a drug added to AstraZeneca's immunotherapy cuts the risk of death by 58% in patients with an aggressive form of lung cancer. The combination could give patients significantly more time to live.
Audi plans a new US assembly plant in Georgia expected to produce 200,000 SUVs a year, a government official said. President Trump is set to announce the deal personally.