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Foreclosures in China Soar, Threatening to Choke Off Bank Profits

When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.

Business - The New York Times - Yesterday

Franz Rogowski is ready to soar

With his latest film, Bird, the German actor is in full flight

Business - Financial Times - 4 days ago

Spanish growth soars as Eurozone stumbles

Boosted by investment, immigration and tourism, Spain’s economy is set to record better growth than even the US

World - Financial Times - October 29

FirstFT: HSBC overhaul to divide businesses along east-west lines

Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity push

World - Financial Times - October 22

Water regulator signals further increase to bills in England

Companies pushing for prices to increase by up to 84% on top of inflation over next 5 years to boost investment

Business - Financial Times - October 22

Reddit shares close up 42% on profitability, rosy guidance

Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.

Business - CNBC - 5 days ago

Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake

The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.

Business - The New York Times - October 15

TSMC beats forecasts with 54% surge in profits on soaring AI demand

Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms

Business - MarketWatch - October 17

Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand

TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.

Business - CNBC - October 18

Travelers’ stock soars as earnings triple despite record catastrophe losses

ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.

Business - MarketWatch - October 17

This Expert Says AI Efficiency Soars When it Uses Video to Crunch Numbers

The key to optimal chatbot use hinges on making the right prompt to get the AI to respond precisely. A researcher found out we may be doing it wrong.

Business - Inc. - October 18

World Series ticket prices soaring ahead of Yankees-Dodgers matchup

The matchup between the New York Yankees and Los Angeles Dodgers has fans clamoring for World Series tickets, and that means prices are soaring.

Trump Media’s Soaring Share Price Masks Truth Social’s Internal Strife

Employees have complained to the board about hiring and management practices at the parent company of Truth Social, which serves as the main online megaphone for former President Donald Trump.

Business - The New York Times - October 23

Tokyo Metro Shares Soar in First Day of Trading for Century-Old Subway

Tokyo Metro had raised over $2 billion in one of Japan’s largest initial public offerings in years.

Business - The New York Times - October 23

Senators take aim at big private equity landlords as rents soar

With home and apartment rental costs soaring, four Democratic senators are calling for more scrutiny on Wall Street financiers snatching up rental homes.

Why U.S.-Russia tensions have sent palladium prices soaring

Palladium futures rallied Thursday to their highest price of the year, buoyed by the suggestion of sanctions on exports of the metal from Russia, which is the world’s largest exporter.

Business - MarketWatch - October 24

This chart shows how Nvidia soared back toward the top of the tech heap

Nvidia has tacked on more than $1 trillion in market cap in less than three months, as it looks to reclaim the title of most valuable U.S. company.

Business - MarketWatch - October 26

Trump, Harris tax-break costs soar to more than $12 trillion

Vice President Kamala Harris and former President Donald Trump have been proposing a slew of new tax cuts and credits over the course of their campaigns, and are even adding to the list in the ...

Business - MarketWatch - October 29

DJT stock soars amid Donald Trump's rise in the betting markets

Trump Media's shares have soared with the former President Donald Trump's rise in the betting markets.

Iran’s defence budget set to soar as regional tensions rise

Recommendation to parliament for substantial increase in military spending comes after recent exchange of fire with Israel

World - Financial Times - 6 days ago

Reddit shares soar 25% as it turns its first profit

Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay off

Business - Financial Times - 6 days ago

Reddit shares soar 22% on earnings beat and better-than-expected forecast

Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.

Business - CNBC - 6 days ago

Alphabet quiets the doubters with ‘all-around’ strength that sends stock soaring

“We believe that this ship is sailing smoothly and doing everything right,” an analyst says.

Business - MarketWatch - 5 days ago

Reddit shares soar after company turns first-ever profit

Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...

World - The Guardian - 5 days ago

Roblox’s stock soars on third-quarter bookings beat and raised guidance

Roblox shares rose after the online gaming company reported better-than-expected third-quarter bookings and raised its full-year guidance.

Business - MarketWatch - 4 days ago

The Papers: 'Markets turn on Reeves' and 'soaring cost of sickness claims'

Investors' reactions to the Budget and forecasts for the cost of sickness benefits lead the papers.

NHL Power Rankings: Jets Still Soar, But It's Very Close Up Top

The NHL power rankings' top squad retains its spot, but for how long? The past week has seen some big climbers and surprising fallers as Jason Chen ranks all 32 NHL teams.

Sports - Yahoo Sports - 5 days ago

Wayfair customers are more price conscious, have cut spending as election nears

Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.

Business - MarketWatch - 3 days ago

Death toll in Spain soars to more than 150 following severe flooding

The death toll in Spain has risen to more than 150 people after torrential rain caused severe flooding. The city of Valencia has been declared a disaster zone and officials are warning the ...

With ‘season on the line,' Garrett Wilson and Davante Adams sparked Jets, Aaron Rodgers. Now what?

Rodgers and his two star wideouts finally clicked in the second half of Thursday's win. But do the Jets have enough time to dig out of a hole this season?

Sports - Yahoo Sports - 4 days ago

Move over Black Friday: Consumer interest in 'Travel Tuesday' soars

Search interest for "Travel Tuesday" rose more than 500% over the last two years, according to a report published Thursday by McKinsey & Company.

Business - CNBC - Yesterday

Taiwan’s soaring energy prices and growing outages hit chipmaker TSMC

Industry loses competitiveness as government struggles to afford cheap-power incentives

World - Financial Times - 7 hours ago

A Japanese boy was killed in China. Was cyber-nationalism to blame?

The Chinese government has been accused of using online nationalism as a useful safety valve.

China is turning Japanese

At least that’s what the bond market is whispering

World - Financial Times - October 17

China’s economic ills are serious but not incurable

Unfortunately, policymakers have made things worse by resorting to temporary palliatives

Business - Financial Times - October 15

China’s investors are counting on fiscal stimulus

Recent market rally will peter out without decisive policy action to boost the economy

World - Financial Times - October 16

Is China cannibalising the EU car industry?

Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...

World - The Guardian - October 20

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