Wall Street Rises Ahead of Pivotal Week

 

Stocks climbed toward fresh records Monday as Wall Street braced for a crowded week. The S&P 500 rose 1%, the Dow added 248 points, and the Nasdaq gained 1.7%, extending Friday’s highs. Optimism grew ahead of a U.S.-China leaders meeting and the Federal Reserve’s rate decision, with traders largely expecting...

John Dickerson to Leave CBS News Amid Changes

 

John Dickerson will leave CBS News at year’s end, heightening uncertainty around the revamped CBS Evening News he co-anchors with Maurice DuBois and a streaming-only follow-up. In a social post, he thanked colleagues and viewers, saying he will miss them. CBS News President Tom Cibrowski said Dickerson decided to step...

Nothing Teases Phone 3a Lite Amid Backlash

 

Nothing teased its upcoming Phone 3a Lite with a three-second X video and set an Oct. 29 launch at 9 a.m. ET/1 p.m. GMT, hinting at a lower-priced take on last year’s 3a line and showing a blinking LED in the corner. But fan anger is focused elsewhere: the latest...

Huntington to buy Cadence in $7.4B deal

 

Huntington Bancshares will acquire Cadence Bank in an all-stock deal worth $7.4 billion, creating a top-ten bank with $276 billion in assets and $220 billion in deposits. Cadence holders will receive 2.475 Huntington shares per share, valuing the offer at $39.77. The bank raised its medium-term ROTCE target to 18%–19%...

Takaichi Weighs Japan’s $550 Billion U.S. Pact

 

After eight trips to Washington, Ryosei Akazawa secured a deal that swapped lower‑than‑threatened U.S. tariffs for a $550 billion Japanese fund to finance American projects chosen at President Trump’s direction, with profits largely flowing to the United States. Three months on, both governments are still sorting how to invest the...

Futures Climb as US, China Near Deal

 

US stock futures rose Sunday after US and Chinese representatives agreed on a trade-deal framework that could avert tariffs up to 157%, while investors bet on a rate cut. Dow, S&P 500 and Nasdaq futures gained 0.65%, 0.74% and 0.92%. The Dow closed above 47,000 Friday after CPI showed inflation...

Trump, Xi could consummate TikTok deal Thursday

 

On Sunday, Treasury Secretary Scott Bessent said on Face the Nation that President Trump and Xi Jinping could “consummate” a TikTok deal when they meet Thursday in South Korea. After talks in Malaysia, he said the sides had made progress and that a “final deal” was ready for the leaders...

Bessett touts China talks to aid soybean farmers

 

Treasury Secretary Scott Bessett said he has “felt pain” from China’s halt on U.S. soybeans, telling ABC’s This Week, “I’m actually a soybean farmer.” He said two days of talks produced a “substantial framework” he believes will ease growers’ worries, ahead of President Donald Trump’s meeting with China’s Xi Jinping...

Ukraine’s Fire Point grows, faces procurement scrutiny

 

Born in basement workshops, Ukraine’s drone start-ups are racing into industry, led by Fire Point—a firm that pivoted from film work to become a military contractor. Executives say it holds $1 billion in contracts this year and builds long-range FP-1 drones at 30 secret sites, used in strikes on Russian...

Trump Unveils Trade Deals, Pledges Southeast Asia Support

 

On his first day in Asia, US President Donald Trump announced a flurry of trade deals aimed at securing access to critical minerals and a market for US agricultural goods ahead of a critical meeting with Chinese President Xi Jinping. Speaking Sunday at the Association of Southeast Asian Nations meeting...