The economy added fewer jobs in September and unemployment ticked up, while inflation has maintained pressure on markets and raised costs.
Oct 13, 2026
The Federal Trade Commission (FTC) and a coalition of seven states asked a federal court on Tuesday to punish Martin Shkreli for "flagrantly and repeatedly” violating a lifetime ban from being involved in the pharmaceutical industry. In a court filing in the U.S. District Court for the Southern District of New York, the FTC said...
Consumers reported finding discolored tablets, according to the recall notices.
Grocery store chain Kroger said it will lay off 3,000 corporate employees over the next three years as it ramps up its use of artificial intelligence to streamline operations.
Senate Minority Leader Chuck Schumer (D-N.Y.) warned his Democratic colleagues that Senate Republican candidates have an “enormous” financial advantage heading into the final three weeks before Election Day and could drown Democrats’ chances of winning the Senate in a “tsunami” of last-minute spending. Schumer warned in a “Dear Colleague” letter circulated Tuesday that the “battle...
Michigan Senate candidate Abdul El-Sayed (D) labeled AI an “existential threat” Tuesday, as he laid out a framework that aims to get the technology “under control.” El-Sayed, who is locked in a tight race with former Rep. Mike Rogers (R), called for a pause on frontier AI development and a ban on artificial superintelligence. “Right...
Roughly one-fourth of respondents to a recent survey approve of President Trump’s handling of the economy, with midterm early voting already underway in some states. Just 28 percent of 2,275 respondents to the Financial Times/Focaldata poll approved of Trump’s handling of jobs and the economy. The president’s overall approval rating was 34 percent, with 59...
The Supreme Court on Tuesday agreed to review a requirement that the Department of Government Efficiency (DOGE) turn over internal communications in ongoing litigation, which the Trump administration calls an “intrusive” demand that violates the separation of powers. The high court previously issued a ruling siding with the administration when it sought emergency relief. Now,...
Persistent conflicts, high energy costs and technological upheavals will slow global growth and raise prices, the organization forecast.
Oct 12, 2026
Oil prices rose Monday, after the Iranian-backed Houthis launched attacks on two airports in Saudi Arabia over the weekend. Brent Crude, the international benchmark, closed at nearly $106 per barrel as of late Monday afternoon, up roughly $1.20 from closing time Friday. The price of Brent Crude peaked at $107.33 earlier in the day. West...