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Friday, October 16, 2026
The New York Finance

Top Business News Around The World

Friday, October 16, 2026

Business

Powell Hints That Rate Cuts Could Be Near as Fed Weighs Risks

Federal Reserve Chair Jerome H. Powell signaled Friday that the central bank is preparing to ease borrowing costs in the near future, underscoring mounting concerns about the job market even as inflation…

By The New York Finance Staff

Vatican embraces social media ‘digital missionaries’

Sister Albertine, a youthful French Catholic nun, stood outside the Vatican, phone in hand, ready to shoot more videos for her hundreds of thousands of followers online. The 29-year-old nun, whose secular…

By The New York Finance Staff

New Instagram location sharing feature sparks privacy fears

Instagram users are warning about a new location sharing feature, fearing that the hugely popular app could be putting people in danger by revealing their whereabouts without their knowledge. The Meta-owned image…

By The New York Finance Staff

Asian markets waver to start key week for trade, US data

Asian markets mostly rose Monday as investors eyed a week dominated by speculation about US inflation data and a prolonged pause for Washington’s tariffs on China. Observers expect Donald Trump to announce…

By The New York Finance Staff