Breaking news: Christine Lagarde calls it quits early
Thursday, October 29, 2026
The departure gives European leaders time to settle on a replacement before France holds its presidential vote in 2027.
Sponsored
Eye Bags and Wrinkles? Fix Them in One Step.
If your face looks tired every morning—eye bags, wrinkles, rough skin—you’re not alone. Particle Face Cream was engineered for men to tackle these issues in one simple step. This 6-in-1 solution reduces eye bags, diminishes wrinkles, brightens dark spots, hydrates, soothes after shaving, and nourishes deeply with Dead Sea minerals. No complicated routines. Just apply twice a day and see the difference. Save 20% with promo code QUARTZ20, backed by a 30-day money-back guarantee.
Here's what you need to know
Oil rose after the Houthis claimed a hit on a Saudi refinery. Yemen's Houthi militants said a ballistic missile struck Ras Tanura, which can refine 550,000 barrels of oil a day. Saudi authorities haven't confirmed the attack. The refinery sits in one of the kingdom's main hubs for crude exports.
Midwest gasoline supplies hit a record low before the midterms. Stockpiles fell to 41 million barrels, federal data showed, after refinery problems reportedly cut output. With so little in storage, any new outage could send prices sharply higher before five Midwest states elect senators on Tuesday.
Analysts expect China to lead the world in AI models by 2030. Bloomberg Intelligence analysts also expect China to lead eight of 17 key industries, including electric vehicles and energy storage. But they said AI and automation are unlikely to reverse China’s economic slowdown on their own.
SK Hynix plans to return about $75 billion to its shareholders. The South Korean memory chipmaker unveiled the dividends and buybacks with a record quarterly profit. It expects demand for memory to outrun supply through 2030. Fourteen big customers have already signed long-term deals.
Parents are suing OpenAI over their daughter's epilepsy death. They allege ChatGPT gave Bowen Wan, 31, a plan to cut her seizure drug to zero over 25 days, and she died the day she was set to be off it. OpenAI called the case "incredibly heartbreaking" and said it has retired the model she used.
Our best wishes on a safe start to the day. Send any news, comments, and more to [email protected].
This email was sent to: [subscriber]
This email was sent by: Quartz Media Network (US), Inc.
848 N. Rainbow Blvd. 3017
Las Vegas, NV 89107
United States
