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Business News

Location American Business News for 29 October 2025
DoorDash is offering 1 million free meals to families as a potential SNAP funding freeze leaves 40 million Americans at risk of hunger. Here's how to qualify, access help, and support local food relief.
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'Peacetime CEO': Microsoft resolves major dispute with OpenAI ahead of earnings Microsoft lifted a funding restriction on OpenAI that became a point of conflict after ChatGPT took off required more computing power.
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Federal Reserve interest rate cut looms

The Street - 29 Oct 2025 00:07
Federal Reserve interest rate cut looms Government shutdown, sticky inflation, and missing data add risks.
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Bitcoin Options Open Interest Hits Lifetime High as Traders Load up on Calls Bitcoins derivatives traders are having a field day - even as spot prices cool near $113,500, roughly 10% shy of the $126,000 record. Futures Frenzy: CME Still the Kingpin Futures and options markets are flashing signs o...
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The prime minister fails to repeat a promise not to raise income tax rates, VAT or National Insurance next month.
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Tech companys 'likely' bankruptcy to affect common home item This tech company has sold 50 million products, but has now warned it may not be able to continue operations.
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Boeing Reports Bigger Quarterly Loss but Sales Improved

The New York Times - 29 Oct 2025 13:11
Boeing Reports Bigger Quarterly Loss but Sales Improved The aerospace company was hurt by the delay of a new plane but made progress on increasing production of the 737 Max, its most popular aircraft.
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Recent Bitcoin Crash Has Put $1B in sUSDe Loop Trades at Risk, Research Firm Says looped positions that rely on borrowing stables to buy sUSDe are at risk, Sentora Research said.
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Asia Morning Briefing: Bitcoin Holds Ground as Traders Sit on Stablecoins Before Fed Decision The market is confident that the Fed will cut rates. But crypto traders are still waiting for confirmation.
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Heres why Oreo maker Mondelez gave Wall Street a cloudier outlook for the year Mondelez says it reached peak costs in the quarter.
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Western Union picks Solana for its stablecoin and crypto network Western Union has selected Solana for its Digital Asset Network and USDPT stablecoin, which it expects to be rolled out in the first half of 2026.
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The AI job cuts are here - or are they?

BBC - 29 Oct 2025 00:09
Amazon's latest cuts fed into anxiety about AI replacing workers. But some are sceptical that recent layoffs are a telling sign of how AI is affecting employment.
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Mark Zuckerberg fielded lots of investor questions about where the billions Meta is spending on AI is going Meta plans to spend up to $72 billion on AI infrastructure this year, with CEO Mark Zuckerberg defending the long-term strategy.
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Will the Fed cut interest rates in December? Heres what experts are saying. After hearing Powells unprompted description about December, traders in derivative markets slashed their expectations of a cut to 67%, from 90% a day ago.
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Costco Executive members notice major early shopping problem One of the most celebrated benefits for Executive members seems to be backfiring.
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Grayscale Unleashes Solana ETF With Staking-77% Yield Storm Hits US Markets Solanas explosive momentum just hit a new milestone as Grayscales Solana Trust ETF begins trading on NYSE Arca, giving institutions direct, staking-enabled exposure to one of cryptos fastest-growing blockchain ecosystems...
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Amazon is selling an $89 queen down comforter for just $47 that's of hotel quality The Elnido Queen Feather Comforter is now 48% off at Amazon, saving you $42 on a comfortable and fluffy piece of bedding.
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Kathryn Bigelow, the director of Netflix's A House of Dynamite, reacted after the US's Missile Defense Agency (MDA) released a statement about her movie.
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Miss Universe announces a new CEO just days before contestants are set to arrive in Thailand for the 2025 pageant Anne Jakrajutatip was replaced as CEO of Miss Universe by Mario BĂșcaro, who was the pageant's vice president for international relations.
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Disney World replaces classic restaurant

The Street - 29 Oct 2025 23:03
Disney World replaces classic restaurant A longtime Tomorrowland snack spot just got a futuristic makeover.Disneys newest Magic Kingdom addition is big on nostalgia.The move fits into a larger refresh across the parks most iconic land. If you're lucky enoug...
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Starbucks Reports a Modest Sales Increase in Latest Quarter

The New York Times - 29 Oct 2025 22:50
Starbucks Reports a Modest Sales Increase in Latest Quarter Net income fell 85 percent, however, because of charges related to store closures and corporate layoffs.
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Interstellar comet 3I/ATLAS reaches perihelion hidden from Earth's view. Learn why NASA and ESA spacecraft have a front-row seat to study its chemistry.
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