Two ex-FBI officials were initially accused by the DOJ of lying when they testified to Congress in 2023 about their involvement in Hunter Biden investigations.
Ex-FBI official's lawyers slam unusual new criminal charge: 'Outrageous government conduct'
Source: CNBC
Original reporting
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CNBC
Honda warns 50% Canada auto tariffs would be catastrophic for auto industry
President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if a trade deal is not reached between the two countries.
CNBC
Ripple strikes deal with Robinhood to expand its RLUSD digital dollar
As crypto evolves past its trading roots, and global markets shift to 24/7 liquidity, stablecoins are becoming essential financial infrastructure.
The Guardian
Britain issues costliest five-year debt since 2008 in run-up to budget – business live
Rolling coverage of the latest economic and financial news UK shop price inflation ‘highest since 2024’ as retailers struggle to limit price rises The 6% drop in HSBC’s share price this morning has made rather a dent in the FTSE 100 share index. The ‘Footsie’ is down 108 points, or 1%, at 10,659 points. “You don’t usually get fireworks from HSBC results, and these are no exception. There are signs of some improvement overall, and a boost to the buyback is welcome, but it’s clear why the market wasn’t really inspired by these numbers. HSBC seems to be doing ok, but ok doesn’t really cut it in a world where inflation is back on the menu and growth may start to slow. At least it’s not exactly rolling in profits this time around, providing some useful air cover ahead of a UK budget that will may include another raid on banks.” Continue reading...
CNBC
Oracle integrates ChatGPT, Codex into apps and expands cloud chip lineup
Oracle is integrating OpenAI’s ChatGPT and Codex into its applications and plans to add Google TPUs and OpenAI’s Jalapeño chip to OCI.
CNBC
World Bank's Banga: Availability of capital 'not really an issue' as AI demand drives up borrowing costs
World Bank President Ajay Banga came on CNBC's "Squawk Box" on Oct. 27, 2026.
CNBC
One week out, prediction markets see Democrats as favored to sweep Congress
Event contract exchanges see a two-in-three chance that Democrats take control of both the House and Senate.