Finance
AI Summary
- Germany is developing a database of young men fit for military service as European nations confront defense challenges posed by Russia and U.S. expectations for increased military readiness.
- In Iraq, election results have triggered a power struggle as the prime minister's coalition faces strong opposition from Iran-backed militias, potentially leading to extended negotiations for leadership formation.
- The British government is preparing for another significant tax increase, aiming to stabilize market concerns while navigating economic pressures and inflation.
- Corruption probes in Ukraine have led to the resignation of two senior ministers, adding pressure to President Zelensky amid ongoing conflict with Russia and internal political challenges.
- In the U.S., treasury yields are rising post-government shutdown, reflecting investor relief, while the IRS announced increased contribution limits for 401(k) plans in 2026, signaling a focus on retirement savings.
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Sources
Wall Street Journal
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Germany’s Answer to Its Conscription Dilemma: a Database of Young Men Fit for War
4 hours ago
by Bertrand Benoit
European countries are grappling with how to repopulate their armed forces under pressure from Washington and an expansionist Russia.
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Iraq Election Results Set Stage for a Long Power Struggle
11 hours ago
by Jared Malsin
The prime minister’s coalition came first, but Iran-backed militias also had a strong showing, likely setting up months of talks to select the next leader.
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Britain Is Preparing Tens of Billions in New Taxes—Again
19 hours ago
by David Luhnow
The Labour government is readying its second major tax increase in two years as it tries to avoid spooking markets.
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France Is Awash in Museum Heists
20 hours ago
by Noemie Bisserbe
It’s not just the Louvre. Minimal security and the high price of gold have fueled nine heists over the past year.
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Two Senior Ukrainian Ministers Resign Amid Widening Corruption Probe
a day ago
by Ian Lovett
The investigation has put Ukrainian President Volodymyr Zelensky in a political bind, with Russia advancing and members of his inner circle accused of embezzlement.
Financial Times
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Wall Street stocks slide as tech jitters return
an hour ago
by FT Client Support
Investor concerns over lofty valuations for artificial intelligence companies hits sentiment
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AI bubble trouble talk is overblown
4 hours ago
by FT Client Support
For the foreseeable future, the market is facing a shortage of capacity — hardly the conditions that spell imminent disaster
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Former MI6 chief Richard Moore: Britain must regain the ‘power of example’
9 hours ago
by FT Client Support
The outgoing head of the Secret Intelligence Service on the rise of China, why Putin is not interested in talks — and how screen spies aren’t always far from the truth
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Epstein’s network: ‘Life among the lucrative and louche’
7 hours ago
by FT Client Support
New documents reveal fresh details about the sex offender’s powerful connections
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The elite Russian unit hunting Ukraine’s drone warriors
17 hours ago
by FT Client Support
Moscow’s new Rubikon team upends Kyiv’s control of the electronic battlefield
CNBC
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New foreclosures jump 20% in October, a sign of more distress in the housing market
4 hours ago
All phases of the foreclosure process are seeing big increases, as homeowners fall behind on mortgage payments due to stress in the economy.
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IRS announces 2026 401(k) contribution limits, raises savings cap
6 hours ago
The IRS has announced higher 401(k) contribution limits for 2026. Here’s what savers need to know.
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StubHub beats on revenue in first earnings report since IPO, but stock slides
22 minutes ago
StubHub beat Wall Street's expectations for second-quarter revenue in its first earnings report as a public company.
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Wall Street cools on Oracle's buildout plans as debt concerns mount: 'AI sentiment is waning'
3 hours ago
Oracle shares have been hammered in recent weeks and its credit default swaps have risen as investors question the company's reliance on debt.
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Tesla recalls 10,500 Powerwall 2 battery systems due to overheating, fire risk
3 hours ago
Elon Musk's autos and energy business said it will replace all affected units for Powerwall 2 customers in the U.S.