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Wednesday, 14 October 2026

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Softer-Than-Feared US Inflation Despite Robust Spending

U.S. inflation rose less than expected in August, while consumer spending remained strong in Washington. The softer price data reduced urgency for another October Federal Reserve rate hike, though one by year-end remain…

Higher Yields Flipped the Math in the Investors’ Favor

During the COVID-19 pandemic-era boom, it almost seemed reckless not to invest in real estate. Low mortgage rates and sustained demand for rentals and fix-and-flip properties delivered tidy returns for investors on a fa…

Chinese AI tool told researchers how to make bioweapons

Chinese AI developer Moonshot is conducting an internal review after researchers were able to persuade two of its popular Kimi models to tell them how to make biological weapons and carry out assassinations.

Wednesday’s PCE Inflation Report May Boost Fed Hike Bets

Gold prices reversed course and edged higher on Thursday after a ​U.S. inflation reading was ​largely in line with expectations, ​easing some concerns about imminent Federal Reserve rate hikes and pushing the dollar and…

Soho House venue under investigation for food safety

A venue of private members club Soho House is being investigated by the local council after a former member of staff raised concerns about rats and out-of-date food allegedly being served.

Sentiment Slides Again, Yet US Consumers Keep Spending

For years, a household budget had a little give. A slightly higher electric bill one month could be absorbed by a slightly cheaper grocery run the next. That cushion is gone for most U.S. consumers, and the bills doing …