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By Gregor Stuart Hunter SINGAPORE, Oct 28 (Reuters) – The US dollar held at a two-week high on Wednesday ahead of policy decisions from central banks, with the Federal Reserve widely expected to leave its policy interest rate unchanged while signalling the probability of any December move. Most of its peers were unmoved ahead of the Fed decision. The euro was flat at $1.1129 as was the British pound at […]

(Washington, DC) — Consumer confidence unexpectedly rose in October. The Conference Board’s lead index improved seven-and-a-half points from September. The board’s senior economist Fergus McCormick said the recovery was “in line” with easing gas prices. But he also noted overall confidence “remained on the long-term downward trend” of the past few years. The survey found consumers planned less spending on services and durable goods over the next six months. It […]

(New York, NY) — Wall Street is closing higher as chip stocks surge. AI-related stocks led the gains with shares of Broadcom, Micron and AMD advancing three percent or more. Investors also monitored a pullback in oil prices as the Federal Reserve began its two-day policy meeting. At the closing bell, the Dow Jones Industrial Average gained nearly 16 points to 52-377. The S&P 500 rose 45 points to 77-22. […]

By Field Level Media Oct 27 (Field Level Media) – Three-time Grand Slam winner Stan Wawrinka played the final match of his career Tuesday, falling 7-5, 7-6 (2) to eighth-seeded Czech Jiri Lehecka in the first round of the Swiss Indoors Basel in his native Switzerland. Wawrinka announced in December that 2026 would be his last season, and the ATP 500 event in Basel marked his final tournament. He received […]

SEOUL, Oct 28 (Reuters) – South Korean chipmaker SK Hynix reported a more than seven-fold rise in quarterly operating profit to a record high on Wednesday, beating market forecasts, as continued demand for AI infrastructure drove up memory chip prices. The Nvidia supplier also said it will pursue shareholder returns totalling about 100 trillion won ($75.4 billion) this year, comprising cash dividends of 30 trillion won and share repurchases and […]

By Jan Wolfe Oct 27 (Reuters) – A federal judge said he would issue a ruling on Wednesday on the US Justice Department’s emergency request to block California from counting mail ballots from alleged noncitizens. US District Judge David Carter informed lawyers of his timeline at the end of a three-hour court hearing on Tuesday in Los Angeles. (Reporting by Jan Wolfe; Editing by Tom Hogue) Brought to you by […]

By Field Level Media Oct 27 (Field Level Media) – The Minnesota Timberwolves will be without superstar guard Anthony Edwards for up to two months after he undergoes arthroscopic surgery on his right knee, ESPN reported Tuesday. Edwards, 25, played through soreness and inflammation in his right knee during the 2025-26 regular season and postseason before suffering a left knee hyperextension and bone bruise in the first round of the […]

By Field Level Media Oct 27 (Field Level Media) – Alabama defensive back Dre Kirkpatrick Jr. was dismissed from the program on Tuesday, one day after he was charged with misdemeanors alleging he doxed and harassed a university police officer. “After gathering more information on the situation, Dre Kirkpatrick Jr. will no longer be a part of our program,” Alabama coach Kalen DeBoer said in a statement. “He did not […]

By Andrew Goudsward WASHINGTON, Oct 27 (Reuters) – An FBI agent who helped lead the case against two former senior bureau officials accused of lying to Congress about Hunter Biden investigations testified on Tuesday that he feared the probe would look “political”. The testimony came at a hearing to decide whether the case against Nikki Floris and Bradley Benavides, both former senior counterintelligence officials, can go forward. It adds to […]