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Battle Over the Pierre Ends in Defeat for the Buyer Pushed by Lutnick23:35 Motasem Khashoggi, who hails from a prominent Saudi family, missed a Tuesday deadline to deliver a $100 million deposit to purchase the Manhattan landmark. Energy Department Order Takes Aim at Mid-Atlantic Blackout Risk21:26 The order as a precaution allows grid operators to use backup generation this week. There were no widespread outages reported. Why Easing Sanctions on Russian Diesel Is Unlikely to Lower Fuel Costs20:23 President Trump’s deal with Russia will probably not lower diesel prices that have soared because of his war with Iran and Ukrainian attacks on Russian refineries. Netflix, Facing Slowing Growth, Cuts 6% of Its Work Force18:15 The streamer’s share price is down more than 40 percent over the last year as the company has struggled with stalling engagement. Democrats Blame Trump After CPI Report Shows Energy Prices Drove Up Inflation17:43 Inflation and economic frustrations have expanded the map of competitive midterm election districts deep into Republican territory. Higher Energy Prices Lift U.S. Inflation Ahead of Midterm Elections17:43 September’s Consumer Price Index report will keep pressure on President Trump and the Federal Reserve to tame intensifying price pressures. What Is Starshield, SpaceX’s Military-Grade Satellite Internet Service?17:11 For years, Ukraine’s armed forces have relied on satellite communication services developed by Elon Musk’s SpaceX. Recent restrictions have hampered its war effort. Surging Inflation Complicates Trump’s Final Push to Sell Voters on Strong Economy16:06 The final inflation report before the 2026 election — showing price increases and stagnant wages — spelled bad political news for the White House. Rising Costs Push Necessities Out of Reach for Nearly Half of Americans16:06 Inflation has made basic goods hard to afford and attitudes toward inequality have changed, studies from the Pew Research Center showed. Social Security COLA for 2027 Will Be 3.6%16:06 The cost of living adjustment, or COLA, for next year will be the largest since 2023. Retirees will see the extra money in their benefit checks starting in January. Hollywood Agents and Producers Push to Restore Glory Days of Indie TV15:34 A new alliance seeks legislation to force the biggest entertainment and streaming companies to devote half of their content budgets to independent producers in the U.S. What Allegations of Spying at OpenAI Mean for the A.I. Industry15:02 The arrest of an OpenAI employee accused of planting a bug in an office of the artificial intelligence giant flags another concern for the industry. |
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