10 Ways to Explain Why Interest Rates Are So High

New York Times - Sep 19, 2026

If you can’t pin down why something’s happening, you don’t have much hope of fixing it.

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Uber to Pay $40 Million to Parents of Woman Fatally Hit by Car

Sep 18, 2026

Uber to Pay $40 Million to Parents of Woman Fatally Hit by Car

Emily Normandin-Parker, 23, was struck and killed on a California freeway after an Uber driver ordered her and a friend out of his car in August 2023.

S.E.C. Seeks to End Shareholder Proposals Process Commonly Used by Activists

Sep 18, 2026

S.E.C. Seeks to End Shareholder Proposals Process Commonly Used by Activists

Activists have often used the rule to push for changes in companies’ governance and environmental and social policies.

'We simply don't know' - JP Morgan struggling to forecast oil prices due to Trump's war with Iran

Sep 18, 2026

'We simply don't know' - JP Morgan struggling to forecast oil prices due to Trump's war with Iran

The bank said it "assumed" there would be economic red lines, like oil at $100 a barrel, that the US would be unwilling the cross.

Warren Buffett steps down after six decades at Berkshire - 'Father Time always wins'

Sep 18, 2026

Warren Buffett steps down after six decades at Berkshire - 'Father Time always wins'

Since taking control in 1965, Buffett grew a struggling textile mill into a global conglomerate.

Ryanair boss Michael O'Leary apologises over 'high-fare rapists' remarks

Sep 18, 2026

Ryanair boss Michael O'Leary apologises over 'high-fare rapists' remarks

O'Leary described his choice of language as "careless" and said "it won't happen again".

What Set Off the Rise in Interest Rates? Mainly, the Iran War.

Sep 18, 2026

What Set Off the Rise in Interest Rates? Mainly, the Iran War.

The Federal Reserve is trying to catch up with the leap in bond rates as the Middle East conflict unnerves world markets.

The A.I. Industry’s New Worry: ‘Liability Exposure’

Sep 18, 2026

The A.I. Industry’s New Worry: ‘Liability Exposure’

The prospect of artificial intelligence tools being used to do significant harm presents the companies and their leaders with a legal challenge.

Disney Hires Its First CTO Amid Industry Push to Embrace A.I.

Sep 18, 2026

Disney Hires Its First CTO Amid Industry Push to Embrace A.I.

Karandeep Anand, an expert in building artificial intelligence and consumer technology products, will become Disney’s first chief technology officer.

Use of GLP-1s Like Ozempic Is Forcing Food Companies to Adapt

Sep 18, 2026

Use of GLP-1s Like Ozempic Is Forcing Food Companies to Adapt

People on medications for weight loss are buying less food, shrinking their portion sizes and purchasing smaller clothes. Businesses are trying to adjust.

Flight chaos caused by 'millisecond' software defect, report says

Sep 18, 2026

Flight chaos caused by 'millisecond' software defect, report says

The failure led to more than 2,000 flights being cancelled and hundreds of thousands of passengers affected.

Kremlin Moves to Seize Control of Nestlé’s Russia Operations

Sep 18, 2026

Kremlin Moves to Seize Control of Nestlé’s Russia Operations

The Swiss maker of KitKats and Nescafé said it was assessing the situation after the Kremlin issued a presidential decree.

Officials: Xi's instruction offers guidance for advanced manufacturing

Sep 18, 2026

Officials: Xi's instruction offers guidance for advanced manufacturing

Speaking to CMG, officials and industry insiders across various sectors have responded actively to Xi's remarks, stressing that the instruction has charted the course and provided fundamental guidelines for building a manufacturing powerhouse on the new journey, and pledging to place the development of advanced manufacturing as a key strategic task.

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