Business

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PH financial resources reach all-time high

MANILA, Philippines — The total funds and assets held by Philippine financial institutions climbed to a fresh record high in August, climbing back to the P38-trillion level as lenders continued to expand credit and attract deposits despite…

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Google launches Gemini 4 Carbon AI model with cybersecurity focus

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Here is what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.

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Fed holds interest rates steady even as inflation remains stubborn

The Federal Reserve opted to leave its benchmark interest rate unchanged — but investors widely expect the central bank to raise rates at its next meeting in December to combat stubborn inflation. (Image credit: Andrew Harnik)

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Fed leaves rates unchanged: What it means for credit cards, mortgages, auto loans and savings accounts

The Fed's benchmark affects many consumer borrowing costs, including the rates tied to mortgages, credit cards, auto loans and savings accounts.

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Bathla offered top dollar for land, but some sellers fought to be paid

Court records reveal some Bathla Group-linked companies struggled to complete multimillion-dollar land purchases years before the developer's collapse. A former major lender says Bathla was expanding too quickly, leaving it vulnerable when…

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The Jackdaw gasfield, net zero and climate adaptation | Letters

Readers respond to an article in which the prime minister said the government’s gasfield approval was part of its commitment to a greener future Andy Burnham writes that his determination to tackle the climate crisis is “unwavering” and…

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What you need to know about Your First Home scheme for first-time buyers

Chancellor fleshes out details of scheme unveiled last month to help 70,000 households on to the property ladder Budget 2026: key points at a glance Income tax: How much more will you pay? Nils Pratley: Labour’s modest reheat of help to…

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GE Vernova shares slip despite a beat-and-raise. What the sellers are getting wrong

We're reiterating our buy-equivalent 1 rating on the stock after another strong earnings report.

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Investors Eye AI Payoff in Microsoft, Alphabet Earnings

Bloomberg’s Ed Ludlow breaks down expectations for Microsoft and Alphabet, which both report earnings after the bell, with Wall Street looking for proof that their massive AI investments are paying off. Plus, Bloomberg reports that…

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How Israel’s opposition fell short against Netanyahu

Those long opposed to the prime minister fear they have missed a historic opportunity to oust him

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Anthropic Weighs Offering 15%-20% of IPO to Retail Investors

Anthropic is weighing a retail offering of 15% to 20% of the shares available in the IPO, according to people familiar with the matter. Those sources say the company behind Claude has tapped JPMorgan Chase to lead the US retail offering…