The U.S. budget deficit climbed 12% to nearly $2 trillion in the fiscal year that ended Sept. 30, according to the Congressional Budget Office, hitting its highest level since the pandemic in 2021.
The earnings of America's largest oil refiners are set to go gangbusters in the third quarter, spurred on by the conflicts in the Middle East and the war in Ukraine.
Investors think quirks deepening the bond selloff are running out of steam. Also on Thursday, Brent crude rose 4.1% while the S&P 500 and Nasdaq fell 0.5% and 1.25%, respectively, and the Dow rose 0.1%
American Airlines, which was responsible for 60% of passengers who were involuntarily bumped from their flights last year, says it will stop the practice.
Taylor Farms, the produce giant linked to the deadly cyclospora outbreak, is suspending certain sales of iceberg lettuce from central Mexico.
Spotify has reupped with star podcaster Joe Rogan, securing licensing rights and ad sales for his show in a multiyear deal.
PepsiCo cut its full-year earnings outlook as it faces inflation, higher ad costs and continued weakness in North America.
Microsoft's Xbox is forming a new division focused on extending its franchises into areas like film and TV.
SpaceX plans to buy cellular spectrum licenses from an investment firm, its biggest move yet into a wireless market dominated by traditional telecoms.
This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (October 09, 2026).