Oil Markets Rattled as Iran, Israel and the United States Remain at War and Red Sea Shipping Nearly Stops The war between the United States, Israel and Iran that began in February ground on with new ship attacks near the Strait of Hormuz, even as mediators from Qatar worked to arrange talks. Full story → · 3 sources
Fighting Stays Heavy Along Ukraine's Eastern Front as Russia Presses Attacks Near Kostiantynivka Ukrainian and Russian forces reported another day of intense combat along the roughly 1,000-kilometer front line, with the heaviest fighting concentrated around the eastern city of Kostiantynivka. Full story → · 1 sources
Reliance's Jio Platforms Opens Its Long-Awaited IPO as India and the U.S. Edge Toward a Trade Deal Jio Platforms, the digital arm of India's Reliance Industries, opened its initial public offering for subscription Wednesday, lifting Indian stocks alongside growing optimism about a U.S.-India trade agreement. Full story → · 4 sources
Wall Street Closes Higher on Strong Earnings as Oil Swings and Bond Yields Weigh on AI Stocks The Dow and S&P 500 rose Tuesday on solid third-quarter earnings, while the Nasdaq slipped slightly as rising bond yields pressured technology valuations; Asian markets were mostly higher Wednesday. Full story → · 2 sources
Fed and ECB Both Expected to Hold Rates This Month, With a December Move Still on the Table The Federal Reserve and the European Central Bank are both widely expected to leave interest rates unchanged at meetings next week, even as both face inflation that has ticked higher on energy costs. Full story → · 5 sources
Trump Returns to the Campaign Trail With Two Weeks Left Before the Midterm Elections President Trump headlined another political rally Wednesday evening, part of a packed travel schedule in the final stretch before the November 3 midterm elections. Full story → · 3 sources
OpenAI Buys Drug-Development Startup Orchestra Bio, Pushing Deeper Into Life Sciences OpenAI acquired Orchestra Bio, a platform that helps biotech companies coordinate drug-development work, extending its push from research tools into the operational side of bringing new treatments forward. Full story → · 2 sources
Three Workers Killed in Fall at TSMC's Kaohsiung Chip Plant Three construction workers died and a fourth was critically injured after falling from height at a Taiwan Semiconductor Manufacturing Company plant in Kaohsiung during steel beam installation work. Full story → · 1 sources