Today in Business & markets · 2026-10-08
PepsiCo cuts outlook as oil jumps on Iran strike fears
PepsiCo beat earnings expectations but lowered its guidance as its North American turnaround takes longer.
Yahoo Finance
Oil prices hit $105 and stocks traded lower as Trump considered renewed strikes on Iran.
NBC News
Stocks slipped and oil jumped after a fresh attack on a tanker.
WSJ
The Economist argues that America's blockade is breaking Iran's economy.
The Economist
Ray Dalio warns the stock market's cushion against rising bond yields is shrinking.
CNBC
Germany's government raised its growth forecasts for both 2026 and 2027.
Reuters