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Business Recorder·Oct 26, 202645 signal

Monetary policy: the Faustian bargain

Pakistan’s central bank has made external stability the organising principle of monetary policy. But with the rupee appreciating in real terms, reserves barely covering three months of imports, and another...

Economy
FOX 5 Atlanta·Oct 26, 202645 signal

Middle Georgia plant lands $4B Audi site

Published October 26, 2026 7:28 PM EDT Middle Georgia plant lands $4B Audi site Audi plans to invest about $4 billion into a Middle Georgia manufacturing mega site projected to create 4,500 jobs and...

Business
BigGo Finance·Oct 26, 202645 signal

Switzerland Shows Wealth Taxes Can Coexist With a Booming Millionaire Class, as California Weighs Prop 40

Switzerland has levied personal wealth taxes at the cantonal level for over a century while remaining a magnet for the rich, ranking fourth in per-capita GDP at $126,177. A retired Treasury adviser, Warren Gorlick, notes that the number of adults with $5 million to $10 million in assets grew 7.4% annually from 2000 to 2025, crediting modest rates: a Zurich couple with $2.5 million pays an effective 0.24%, and a billionaire pays 0.7%. He contrasts that with California's Proposition 40, a one-time 5% levy on billionaires, and with proposals from Elizabeth Warren, Bernie Sanders and Ro Khanna. Gorlick argues a 0.5% U.S. top rate could raise $200 billion a year without driving billionaires abroad.

Economy
SFGATE·Oct 26, 202648 signal

Microsoft offers voluntary buyout to 60,000 employees

FILE: More than 25% of Microsoft staff are eligible for the company’s unprecedented voluntary exit program. dpa/picture alliance via Getty The massive company that gave the world Windows, Word and Excel announced an unprecedented voluntary buyout program for employees on Monday. Approximately 60,000 Microsoft workers,

BusinessMSFT
igamingtoday.com·Oct 26, 202645 signal

Colombia Ranks Among the World’s Top 30 Countries for Online Gambling Participation

Colombia ranks among the 30 countries with the highest online gambling participation, with 13.8% of internet users aged 16 and older engaging in the activity, according to DataReportal. The country ranks third in South America, behind Brazil and Chile, reflecting the growing importance of digital betting across the region. The global online gambling market generates [...]

Economy
PYMNTS.com·Oct 26, 202645 signal

Analysts Stand by Meta’s AI Push Despite $95 Billion Equity Plan Scrutiny

By PYMNTS | October 26, 2026 | Three analysts remain bullish on Meta after the company announced plans to raise $95 billion through equity financing, though they raised questions about the company’s growing investments in artificial intelligence (AI), Seeking Alpha reported Monday (Oct. 26). Wells Fargo maintained an O

Finance
FXStreet·Oct 26, 202645 signal

New Zealand Dollar traders price in a third straight RBNZ hike

TD Securities dropped its call for a Reserve Bank of New Zealand (RBNZ) pause and now expects three hikes, and NZD/USD still fell on Monday. It stopped just above 0.5700 for a fourth straight session and ended below that level, as traders bought Dollars before the Fed's Wednesday decision.

Finance