Stocks

Goldman Sachs Leads Rivals in Third-Quarter Share Sale Revenue

Goldman Sachs Group Inc. topped its four biggest US equity underwriting rivals in the third quarter, with only Morgan Stanley reporting a decline in fees compared to last year.

Oct 14, 2026, 6:21 PM

Berkshire Hathaway adds $330mn to stake in tech group Bending Spoons

Shares of conglomerate that owns AOL and Vimeo jumped more than 40% on news of expanded investment before dropping back

Oct 14, 2026, 5:58 PM

NYC Transit Agency Cuts Bond Refinancing 40% Amid Yield Spike

The Metropolitan Transportation Authority, which operates New York City’s subways, buses and commuter lines, cut a planned debt refinancing by about 40% as tax-exempt bond yields hovered near their highest levels in at least 15 years.

Oct 14, 2026, 5:24 PM

Netflix to cut 1,000 jobs as growth concerns mount

Streaming group faces pressure to boost viewer engagement after shares fall more than 40% in a year

Oct 14, 2026, 2:57 PM

Bank of America fined $1.2bn for money-laundering failures

Third-largest fine in US treasury’s history, due to failure to report suspicious activity, may affect third-quarter earningsBank of America (BAC.N), has been fined $1.21bn by US regulators for widespread failures to detect ‌potential money laundering and other illicit activity, a penalty the bank said will hurt third-quarter earnings.The US treasury department said the fine, the third-largest in department history, is due to the bank’s failure to report more than $5bn in suspicious activity to the government, including $1bn that posed national security-related and other priority illicit finance risks. Continue reading...

Oct 14, 2026, 11:54 AM

Diesel squeeze expected to continue into 2027 despite Trump’s deal with Russia – business live

Rolling coverage of the latest economic and financial news, including the IMF meeting in Thailand and the IEA’s new oil market reportGlobal financial system is failing developing countries, says Ed MilibandUK government borrowing costs are dropping this morning, which will please John Healey and the IMF alike!The yield, or interest rate, on UK 10-year bonds is down 3.5 basis points to 5.4%, while thirty-year bond yields are 3bps lower at 5.89%.Chancellor John Healey is expected to pay for all new giveaways in this month’s Budget — including a cost-of-living package — with higher taxes or spending cuts rather than more borrowing.People briefed on UK Budget preparations told the FT that the October 28 fiscal package would be “scorecard positive” in 2029-30, the final year of the parliament, meaning that all extra discretionary spending was fully funded.China’s exports, imports, and trade surplus all comfortably beat expectations in September as the trade boom continued. Key trade ties look set to remain stable through year-end, which should keep this year’s key growth engine humming. Continue reading...

Oct 14, 2026, 10:57 AM

We created a memorial garden at home - a cemetery felt too far away

Emma Moore shares how creating a special place at home has helped her family.

Oct 14, 2026, 10:53 AM

Bank of America hit with $1.2bn fine for money laundering failings

The bank inadequately flagged transactions linked to potential Chinese money laundering networks, the Treasury said.

Oct 14, 2026, 2:05 AM

The Forces Driving Up Bond Yields Take a Troubling Turn

Some analysts say investors are demanding a higher “term premium” to buy government debt, reflecting growing worries about debt levels and deficits.

Oct 13, 2026, 6:56 PM

At Cornell, a Sorority Finds Itself Sued by One of Its Own

Some Delta Delta Delta members are asking if the sorority shares blame in the bombshell case — or if the group is a scapegoat.

Oct 10, 2026, 7:00 AM