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Sunday, October 25, 2026
The New York Finance

Top Business News Around The World

Sunday, October 25, 2026

US

Iran War Shock Raises Risk of an Oil-price Spike and Tests The Fed

Federal Reserve officials are starting to assess how an expanding U.S.-Iran conflict could affect the American economy—and investors are already reacting by pushing expectations for interest-rate cuts further into the future. The…

By The New York Finance Staff

Supreme Court Restores GOP-Leaning Map for NYC House Seat

The U.S. Supreme Court handed Republicans a potentially important boost for the 2026 midterms by restoring the existing boundaries of New York’s 11th Congressional District—New York City’s only GOP-held House seat—after a…

By The New York Finance Staff

Musk’s xAI to repay $3B in bonds early, fueling IPO speculation

Elon Musk’s artificial-intelligence company xAI is preparing to pay back $3 billion of high-yield (“junk”) bonds early, a move that typically signals a borrower believes it can refinance more cheaply, has fresh…

By The New York Finance Staff