What are today's top business/market headlines?

Here are today’s top business/market headlines for Sunday, October 25, 2026 (U.S.):

•Markets ended Friday lower as oil jumped to a four-year high and the 10-year Treasury yield approached 5%; Dow -652, S&P 500 -0.5%, Nasdaq -0.2%.[1]

•Brent crude settled around $116.72 on Friday, capping a sharp October surge that’s stoking inflation worries heading into this week.[1]

•American Express will cut about 5% of its workforce (~3,500 jobs) alongside Q3 results and an increased profit outlook.[2]

•Barclays also flagged roughly 5,000 job cuts as big banks redirect spending toward AI and efficiency.[3]

•The week ahead: Fed, ECB and BOJ rate decisions plus megacap earnings (Alphabet, Amazon, Microsoft) that could set the tone for the AI trade and broader risk sentiment.[4]

•Gasoline remains elevated for U.S. drivers (national average recently around $4.30/gal) amid tight oil markets.[5]

•Crypto check: Bitcoin is about $80,896 as of now (intraday range ~$79,280–$81,000).

Want a quick preview for the Fed/earnings this week or sector-by-sector takeaways?

Citations (5)

1apnews.comNews and mediaquality 1.00
Wall Street loses ground under pressure from rising oil prices
Backs: “Markets ended Friday lower as oil jumped to a four-year high and the 10-year Treasury yield approached 5%; Dow -652, S&P 500 -0.5%, Nasdaq -0.2%.”
2apnews.comNews and mediaquality 1.00
American Express profits rise; company plans to cut workforce by 5%, or about 3,500 employees
Backs: “American Express will cut about 5% of its workforce (~3,500 jobs) alongside Q3 results and an increased profit outlook.”
3apnews.comNews and mediaquality 1.00
Barclays is latest to redirect spending toward AI as it trims its workforce
Backs: “Barclays also flagged roughly 5,000 job cuts as big banks redirect spending toward AI and efficiency.”
4thomsonreuters.comNot yet classified
Press Releases | Thomson Reuters
Backs: “Fed, ECB and BOJ rate decisions plus megacap earnings (Alphabet, Amazon, Microsoft) that could set the tone for the AI trade and broader risk sentiment.”
5kiplinger.comCommercial contentquality 0.85
Kiplinger Energy Outlook: Drivers Face Painful Gas Prices
Backs: “Gasoline remains elevated for U.S. drivers (national average recently around $4.30/gal) amid tight oil markets.”