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DeepSeek effect? How China’s quant funds thrive amid tight regulatory scrutiny
Oct 2, 2026

DeepSeek effect? How China’s quant funds thrive amid tight regulatory scrutiny

China’s quantitative investing sector has added 18 new members to the ranks of funds managing more than 10 billion yuan (US$1.5 billion) in assets this year, underlining the industry’s ability to generate competitive returns despite a tight regulatory environment. The firms were among 159 Chinese hedge funds overseeing more than 10 billion yuan each, according to financial news agency Cailian Press. Their growth has been fuelled by technology-driven momentum in the world’s second-largest stock...


Oct 2, 2026

Robotaxi operators will face fines for blocking first responders

A new California law places new rules on autonomous vehicles operators.


Oct 2, 2026

The founder’s guide to TechCrunch Disrupt 2026: Everything you need to know

TechCrunch Disrupt 2026 is built around one question: How do you build an enduring company in the AI era? Our programming and speaker lineup reflect that.


Crypto thieves attack man in home and threaten to kill pregnant wife's baby in 'horrific' robbery
Oct 1, 2026

Crypto thieves attack man in home and threaten to kill pregnant wife's baby in 'horrific' robbery

The man was beaten with hammers until he transferred hundreds of thousands of pounds of cryptocurrency.


Crypto thieves attack man in home and threaten to kill pregnant wife's baby in 'horrific' robbery
Oct 1, 2026

Crypto thieves attack man in home and threaten to kill pregnant wife's baby in 'horrific' robbery

The man was beaten with hammers until he transferred hundreds of thousands of pounds of cryptocurrency.


What's gone wrong at Nike? How the world's sportswear giant lost its mojo
Oct 1, 2026

What's gone wrong at Nike? How the world's sportswear giant lost its mojo

Several self-inflicted mistakes have cost the biggest sportswear brand on the planet in recent years.


'It could cost me £10k but I need the money now': Why Gen Z are opting out of pensions
Oct 1, 2026

'It could cost me £10k but I need the money now': Why Gen Z are opting out of pensions

A growing number of people are opting out of these schemes due to cost-of-living pressures.


The wealthy Cuban Americans ready and waiting for Havana to fall
Oct 1, 2026

The wealthy Cuban Americans ready and waiting for Havana to fall

Cuban exiles in Florida are increasingly hopeful that regime change in Cuba is now on the horizon.


What to Know About Trump Accounts as More Than 60 Million Children Are Auto-Enrolled
Oct 1, 2026

What to Know About Trump Accounts as More Than 60 Million Children Are Auto-Enrolled

The Trump administration may have just signed up your child — and more than 60 million others — for a 530A savings account (if you haven’t already done so).


Oct 1, 2026

US stocks edge higher as bond yields ease

US stocks recovered from early losses to close slightly higher on Thursday, with the S&P 500 bouncing from a two-week low as a global bond selloff reversed course after sending US Treasury yields to multi-decade highs. Stocks were under pressure in early trading as economic data kept pointing to a solid economy with persistent price pressures that stoked fears that inflation could ultimately force the Federal Reserve to become more aggressive with rate hikes. The US Labor Department said weekly initial jobless claims dipped to 197,000, below the 200,000 forecast of economists polled by Reuters. It was the latest in a string of reports this week that indicated the labour market was on solid footing, ahead of the government payrolls report on Friday. Treasury yields extended gains, and the benchmark 10-year Treasury note hit a 24-year high, after closing out September with its biggest quarterly gain since 1994, and pushed equities lower after the Institute for Supply Management said its manufacturing PMI dipped to 54.5 last month from 54.6 in August and showed a jump in input prices, raising inflation worries. But yields turned lower as buyers stepped in, and further declined after Fed Vice Chair Philip Jefferson suggested the central bank may be patient before hiking rates again, following a 25 basis point hike in September. The two-year US Treasury yield, which typically moves in step with interest rate expectations for the Fed, dropped about 10 basis points and was poised for its biggest daily drop since August 2025. "Even though valuations have come down, the market's still not cheap, so I'm not bearish on the equity market. We can chug along, but I expect higher volatility in both equities and bonds," said Scott Welch, chief investment officer at Certuity in Potomac, Maryland. "Everybody's adjusting to a new normal. There's nothing particularly scary about what's happening in the markets right now; it's just a little bit different than what people have been used to operating in over the past few years, and it's going to take some adjustment." The Dow Jones Industrial Average rose 20 points, or 0.04 percent, to 50,926, the S&P 500 gained 14 points, or 0.2 percent, to 7,666 and the Nasdaq Composite gained 10 points, or 0.04 percent, to 26,871. (Reuters) Edited by Cecil Wong


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