What are today's top business/market headlines?
Here are today’s top business/market headlines for Thursday, October 15, 2026 (US):
Want these tailored to your portfolio (equities, commodities, crypto) or a quick pre‑market summary when futures open?
Citations (10)
- Inflation heats up as gas prices surge
Backs: “September CPI rose 0.6% m/m and 3.7% y/y; core CPI up 0.3% m/m, keeping Fed hike odds in play.”
- Fed's Daly says rate hikes likely needed, but not urgently | MarketScreener India
Backs: “SF Fed President Mary Daly says more hikes are likely but not urgent for the Oct 27–28 meeting.”
- How major US stock indexes fared Wednesday 10/14/2026
Backs: “S&P 500 -1.1%, Nasdaq -1.9%, with AI/chip names leading losses after the CPI print.”
- South Korea's benchmark Kospi index sinks more than 7% as tech sell-off deepens
Backs: “South Korea’s Kospi plunged more than 7% as the global tech sell-off deepened.”
- Dollar retreats from 18-month high despite hot CPI as Fed officials temper hike bets | MarketScreener UK
Backs: “The dollar pulled back from an 18‑month high as Treasury yields eased after the CPI surge.”
- Oil prices fall as investors weigh supply outlook, Middle East tensions | MarketScreener
Backs: “Brent around $104–105 and WTI near $94 in early Thursday trade.”
- Gold drops over 1pc as hot US data boosts Fed hike bets - Markets - Business Recorder
Backs: “Spot gold hovered near $4,100/oz after hitting a one‑week low.”
- Big banks post strong Q3 profits, but warn higher rates and inflation could bite
Backs: “Bank of America was hit with a $1.21B AML/sanctions penalty that dented its results.”
- Lufthansa to buy 44.9% of TAP Air Portugal in €1.2B deal
Backs: “Lufthansa to buy a 44.9% stake in TAP Air Portugal for €1.2B, edging out Air France‑KLM.”
- Events for October 15, 2026 – financecalendar.com
Backs: “Ahead today (8:30 a.m. ET): US retail sales, weekly jobless claims, and PPI.”