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Thursday, 8 October 2026

Russia's missiles kill 24 in Ukraine, and US borrowing costs reach their highest since 2002

442 stories · 12 beats · 4 signals

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Signals

Backers stopping the money High ↑
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Seen in 3 of the 12 beats
  • Sports

    Saudi Arabia's wealth fund stopped paying for LIV Golf, a breakaway golf tour, and it went bust. A US court is letting LIV cancel the big contracts that money paid for.

  • Biotech

    Caribou Biosciences could not raise money for a final trial that the FDA, the US medicines regulator, had already agreed. Cadrenal, which reached a similar agreement in August, is now looking for a buyer instead.

  • Gaming

    Gravity Well, a games studio started by people who used to work at Respawn, let more than 40 people go after its funding ended. The head of Undead Labs, another studio, says investors are holding back and waiting for sure hits.

Borrowing getting dearer High ↑
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Seen in 2 of the 12 beats
  • Finance

    Most officials at the US central bank expect to raise rates again by December. What the US government pays to borrow for ten years touched its highest since 2002, and France's rate jumped 0.18 points in one morning.

  • Money

    The average 30-year US home loan rate reached 7.49%, its highest since November 2023. In Britain the average five-year fixed mortgage reached 6%, and applications for a mortgage to buy a home fell 18.2% in a year.

Paying for AI's computer chips High ↑
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Seen in 3 of the 12 beats
  • Tech

    Samsung, the world's biggest maker of memory chips, expects a record $80bn profit in three months, because AI data centres cannot get enough memory. Dearer memory is expected to cut Europe's laptop sales by a fifth from October to December.

  • Finance

    Amazon cut jobs while planning a record $220bn of spending on data centres and chips.

  • Space

    SpaceX, the rocket company, is in talks to borrow $40 billion to buy AI chips from Nvidia.

Diesel still scarce High →
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Seen in 4 of the 12 beats
  • Climate

    France and Germany said the diesel Europe promised President Trump last week is diesel it had already promised in March. Heating oil, nearly the same fuel, is forecast to cost 34% more this US winter.

  • World

    France will sell 10 million barrels of diesel from its emergency stocks to bring pump prices down.

  • Food

    US diesel averaged $6.20 a gallon on 5 October, nearly $2.50 more than a year before. In a survey of British farmers, 87% said rising costs had cut their profits sharply.

  • Money

    A litre of fuel in South Africa passed 30 rand for the first time. US homes heated with oil expect to spend 21% more this winter.

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