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Nokia to Offload Private Wireless Business As It Sharpens Strategic Focus

by Akanksha Bakshi | Oct 13, 2026 | General

Nokia Corporation (NYSE:NOK) announced Tuesday that it has agreed to sell its Enterprise Campus Edge (ECE) business to investment firm AURELIUS. Financial terms were not disclosed.The deal, expected to close in the first half of 2027, supports Nokia’s strategy to...

Goldman’s Stock Traders Made $6.4 Billion in 3 Months: Bond Traders Had a Very Different Quarter

by Piero Cingari | Oct 13, 2026 | General

Goldman Sachs Group Inc. (NYSE:GS) stock traders generated $6.44 billion of revenue in the third quarter, 72% more than a year earlier. Its bond traders generated $3.47 billion, unchanged from a year ago and below Wall Street’s estimate. The same split appeared at...

SpaceX’s Wireless Push Sparks Wall Street Skepticism: Is the Stock Getting Ahead of Itself?

by Anusuya Lahiri | Oct 13, 2026 | General

Space Exploration Technologies Corp. (NASDAQ:SPCX) is expanding Starlink’s U.S. wireless ambitions through a nationwide spectrum purchase, while analysts weigh the opportunity against the cost and technical challenges of competing with established telecom...

Social Security COLA Could Fall Short of What Retirees Need in 2027, Economist Warns — ‘They’ll Lose Purchasing Power’

by Tanya Rawat | Oct 13, 2026 | General

Boston University economist Laurence Kotlikoff estimates that Social Security’s 2027 cost-of-living adjustment (COLA) will be about 3.4%, below AARP’s 3.6% projection, and argues that annual adjustments can leave recipients exposed to rising prices. In an exclusive...

AI Agents Could Pose New Risks to Banks: US, European Regulators Step Up Scrutiny of AI Safeguards, Chinese Models and Cybersecurity: Report

by Namrata Sen | Oct 13, 2026 | General

Financial regulators in the U.S. and Europe are intensifying their examination of AI, focusing on whether cyberattacks, autonomous systems, or inadequate controls could destabilize banks and markets. In the U.S., the Federal Reserve, the Office of the Comptroller of...
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