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Markets · Monday 12 October · as of 20:47

Higher rates could be needed to avoid 'inflationary mindset' taking hold, says Fed's Hammack

Cleveland Fed President Beth Hammack said tighter policy may still be needed to bring inflation back to 2%, warning that persistent price growth could harden into an inflationary mindset.

Read the AI summaryCNBC · 3h ago · 5 points

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19:06TechnologyApple’s New Smart Home Hub Is Reportedly Called HomeView and Will Ship in November19:00CultureDisney's New Fantasy Adaptation Based On 11-Book Series Is An Apology 6 Years In The Making18:46BusinessS&P 500 is little changed to start the week; Micron leads tech lower: Live updates18:34BusinessMeta debuts Muse Wonder AI model in latest test of users' willingness to pay18:33PoliticsIt is inconceivable to think Russia did not try to interfere in Brexit vote, says PM18:32WorldSix Ukrainian energy sites hit by Russia since Trump announced ceasefire, Zelensky says18:29PoliticsBritain won't tolerate threats on our soil, Miliband says as he summons Iran ambassador18:24PoliticsGovernment expands police support to political figures who are not MPs18:24PoliticsInside Elon Musk’s $276 Million Midterm Rescue Mission for Republicans18:14BusinessMoonshot AI Could Break Records In Hong Kong IPO—If It Can Settle Shareholder Dispute18:13WorldPupil arrested after two teachers shot at French school18:09WorldImmigration agents search Congresswoman Ilhan Omar's home18:08BusinessIlhan Omar Says 'I Will Not Be Silenced' After DHS Raids Her Home18:06WorldNATO Details Plan to Shield Ukraine’s European Allies from Russia
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BusinessS&P 500 is little changed to start the week; Micron leads tech lower: Live updates

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Today’s top gainer WTI +1.82% · top loser XRP −3.25%

Gold $4,168.50 −0.60%

Bitcoin $82,685 · biggest 24h gainer: TRX −0.13%

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CNBC

Business2h ago

CNBC·2h ago

S&P 500 is little changed to start the week; Micron leads tech lower: Live updates

US stocks were mixed at the start of the week as investors waited for bank earnings and key inflation data. Micron fell and oil-linked shares rose as crude prices climbed on Middle East tensions.

AI summary · 5 points

Business

CNBC

Business3h ago

CNBC·3h ago

FAA warns U.S. airlines of safety risks over Saudi Arabia after attacks

The FAA has warned US airlines to use caution over Saudi Arabia after attacks in Riyadh shut the capital’s airport and disrupted flights. Delta has delayed its planned Atlanta-Riyadh route until March.

AI summary · 5 points

Business

CNBC

Business2h ago

CNBC·2h ago

Meta debuts Muse Wonder AI model in latest test of users' willingness to pay

Meta has launched Muse Wonder, its latest AI model for its Muse app, but access will be limited to paid subscriptions. The company is positioning it as a tool for agents while trying to build a new revenue stream beyond advertising.

AI summary · 5 points

Business

Forbes

Business3h ago

Forbes·3h ago

Moonshot AI Could Break Records In Hong Kong IPO—If It Can Settle Shareholder Dispute

Moonshot AI is aiming for a Hong Kong IPO, but a shareholder dispute could affect the timing and outcome. The company says its Kimi K3 chatbot model is the world’s largest open AI model.

AI summary · 4 points

Business

CNBC

Business3h ago

CNBC·3h ago

UnitedHealth shares are doing something unusual ahead of earnings

UnitedHealth options are pricing in an unusually large move before Tuesday’s earnings, with implied volatility about twice realised volatility. Traders say the stock has already absorbed much of the bad news.

AI summary · 5 points

Business

Forbes

Business3h ago

Forbes·3h ago

Ilhan Omar Says 'I Will Not Be Silenced' After DHS Raids Her Home

Ilhan Omar said she will not be silenced after reports of a Department of Homeland Security raid at her home. White House border czar Tom Homan said last month there is an ongoing criminal investigation into her.

AI summary · 4 points

Business

Forbes

Business3h ago

Forbes·3h ago

Trump’s Tree Removal Plans Blocked After Abruptly Downing 500 At D.C. Golf Course Over Weekend

Donald Trump’s plans to reshape a Washington, D.C. golf course have been blocked after about 500 trees were cut down over the weekend. He wants to turn the site into a professional championship-level venue.

AI summary · 4 points

Business

CNBC

Business3h ago

CNBC·3h ago

Stocks making the biggest moves midday: eBay, Sandisk, Meta Platforms, IonQ, Lumentum & more

The story says several stocks were moving in midday trading, including eBay, Sandisk, Meta Platforms, IonQ and Lumentum, but no further details were provided.

AI summary · 4 points

Business

Forbes

Business3h ago

Forbes·3h ago

Kelly Clarkson And The Psychology Of Feeling Judged When Shopping

Kelly Clarkson’s shopping experience is used to explore why being judged in shops can put customers off. The piece links that to consumer psychology and the value of making shoppers feel respected.

AI summary · 4 points

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