Israel said its ground forces had made a big push into Gaza overnight to attack Hamas targets as Prime Minister Benjamin Netanyahu said it was still preparing for a ground invasion that could be one of several.
- Macro MattersUS economic growth accelerates in third quarter
The U.S. economy grew at its fastest pace in nearly two years in the third quarter as higher wages from a tight labor market helped to power consumer spending, again defying dire warnings of a recession that have lingered since 2022.
- Rates & Bonds
ECB keeps rates on hold, rejects talk of future cuts
The European Central Bank left interest rates unchanged as expected on Thursday, snapping an unprecedented streak of 10 consecutive rate hikes while insisting that any talk of rate cuts was premature.
- BusinessEurope's wind power goal hits new snag: security
As Europe turns to renewable sources to diversify energy supplies away from Russian oil and gas, a peaceful marine scene conceals a billion-dollar security headache.
Israel and Hamas at War
Talking Points
Earnings
Merck quarterly profit tops expectations on COVID pill surprise
Business ·October 26, 2023 · 12:05 PM UTC Merck & Co on Thursday reported higher-than-expected results in the third quarter on surprisingly strong demand for its COVID-19 treatment, primarily in Japan, and raised its annual sales forecast for the therapy.
