Global Bond Yields Surge as Oil Prices Fuel Inflation Worries

Global bond yields surged Tuesday as renewed tension between the U.S. and Iran reinforced inflation expectations, which increased the prospect of interest-rate hikes in the coming months.

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Eurozone Inflation Climbs to Near Three-Year High Ahead of ECB Meeting

Eurozone inflation rose for a third straight month in August, reinforcing expectations that the European Central Bank will raise its key interest rate next week.

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Oil Prices Rise as Renewed U.S.-Iran Fighting Deepens Hormuz Supply Risks

Renewed fighting revived concerns the conflict could become more prolonged and further disrupt oil flows through the Persian Gulf, just as supply risks are being compounded elsewhere.

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U.S. Stock Futures Slip Amid Bond Selloff

U.S futures edged lower, with weakness in chip stocks pushing hurting the Nasdaq.

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SEC Presses Investment Firms to Prove They Have Access to Shares in Hot Startups

The Wall Street Journal reported recently on a fund that touted exposure to SpaceX but later told investors the shares were sold before its IPO.

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Bessent Criticizes Canada as Global Summit Shows Divisions

Finance officials from rich and developing countries gathered in the Blue Ridge Mountains amid economic tensions.

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South Korea's Exports Extend Chip-Led Growth in August

Semiconductors, which account for more than a third of South Korea's exports by value this year, continued to drive the gains.

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Trump Calls for Federal Film and Television Tax Incentive

A beleaguered Hollywood has been lobbying for help to stop the flight of productions to other countries with generous government subsidies.

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How the Venezuela Oil Deal Could Play Out

The vague deal could hinder the steady progress Venezuelan oil has made in production.

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Trump's Venezuelan Oil Company Plans Massive Drilling Push

The company led by Alejandro Betancourt plans to dispatch more than 50 drilling rigs to turbocharge the country's anemic crude production.