BUSINESS NEWS
- The movie about a Facebook whistleblower who leaked incriminating details disappoints, and ‘The Social Reckoning’ will likely lag ‘The Social Network’
by Lindsey Bahr, The Associated Press on October 11, 2026 at 10:57 pm“The Social Reckoning” earned an estimated $5.5 million from 2,606 North American theaters.
- Oil theft is on the rise in the heart of U.S. shale country—and it’s mostly carried out in targeted, organized heists
by Jason Ma on October 11, 2026 at 10:25 pmAccording to a Dallas Fed survey, 32% of executives who were impacted by oil theft said it had increased slightly over the last 12 months.
- The paradox at the core of the AI revolution: The faster we innovate, the slower we grow
by Nicholas Gordon on October 11, 2026 at 10:00 pmFifty years of digital innovation delivered spectacular adoption and declining productivity. Will AI repeat that pattern?
- Trump and Marco Rubio are ‘extremely pissed off’ by U.S. Ambassador to Greece Kimberly Guilfoyle’s reported conduct and are considering firing her
by Matthew Lee, The Associated Press on October 11, 2026 at 8:51 pmThe Wall Street Journal has reported questionable conduct by Guilfoyle, including offering to use her influence inside the administration in return for the payment of a large credit card bill.
- Senators call on Trump to scrap diesel deal, saying U.S. ‘should not provide Putin with a financial lifeline’ while Russia kills Ukrainian civilians
by Kevin Freking, The Associated Press on October 11, 2026 at 8:41 pm“We were very clear that Russia is the aggressor. Russia is the one who can end this war by backing out of territory that they occupied.”
- Senior Iranian official threatens to attack cables, data centers, and AI facilities in the region if the war escalates sharply again
by The Associated Press on October 11, 2026 at 8:22 pmThe head of Iran’s Supreme National Security Council also said Tehran finds the latest response from the United States “insufficient.”
- China’s debt interest costs are soaring above U.S. levels and growing faster than any other budget category as Beijing struggles to prop up growth
by Jason Ma on October 11, 2026 at 7:56 pmChina's spending on interest payments accounts for 19% of the central government’s general public budget and skyrocketed 341% between 2013 and 2025.
- For the first time ever, 10-year bond yields track diesel prices more closely than crude, and Trump’s fuel deal with Putin may be too little too late
by Jason Ma on October 11, 2026 at 5:12 pm"Ultimately, diesel and gasoline drive inflation, not crude oil."
- Pope says death penalty is ‘inadmissible’ after head of U.S. bishops calls DOD plan to livestream execution ‘barbaric promotion of a culture of death’
by Nicole Winfield, The Associated Press on October 11, 2026 at 2:39 pm“The common good can be safeguarded and the requirements of justice can be met without recourse to capital punishment."
- McKinsey research shows AI creating more jobs than automation displaces — but 11 million American workers will need help this decade
by Eric Kutcher, Tanguy Catlin on October 11, 2026 at 11:00 amOur new research finds that the U.S. economy will have more jobs by 2035 than today, but the mix will differ.