Bond Selloff Worsens, Dinging Stocks
Elevated government bond yields continued to march higher, taking the shine off stocks around the world.
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Fed's Paulson Joins Chorus of Policymakers Predicting More Rate Increases Ahead
Paulson's remarks echoed those of other Fed officials.
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Fed's Williams Says Another Rate Hike 'Reasonable' in 2026. Here's What the Market Thinks.
The Fed official said inflation was the central bank's 'big challenge.'
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Trump's Summit With Xi Gets Started With Pomp and Pageantry
The summit marks Xi Jinping's first visit to Washington in more than a decade, as the two leaders look to ease brewing tensions over the war in Iran, artificial intelligence and trade.
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U.S. Treasury Yields Hit Multiyear Highs on Economic Data, Fed Rate-Boost Expectations
The 10-year Treasury yield rose to its highest level since 2007 and the 30-year yield hit its highest since 2004 amid increasing expectations the Federal Reserve will raise interest rates at its October meeting.
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U.S. Jobless Claims Slid Further Last Week
U.S. jobless claims fell to 197,000 in the week through Sept. 19, according to the Labor Department. Economists surveyed had expected initial unemployment claims to rise to 201,000.
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War Throttles Black Sea Grain Exports, Threatening Food Supplies
Russian and Ukrainian attacks on ports and vessels have sent wheat futures to near three-year highs.
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New York State Sues Polymarket in Escalating Crackdown on Prediction Markets
The company and rival Kalshi are facing legal challenges from states around the country.
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Canada Retail Sales Recover Following First Fall of Year in July
Sales in July fell for the first time this year, declining 0.7% from the previous month to a seasonally adjusted 73.7 billion Canadian dollars, the equivalent of about US$52.25 billion.
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Oil Prices Rebound as Brent Tops $105 a Barrel on U.S.-Iran Escalation Fears
Prices rose, reversing initial losses after reports Tehran could expand the Middle East war to the Indian Ocean if the U.S. or Israel attacks again.
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Europe Central Banks Diverge on Rates as Energy Prices Threaten Higher Inflation
Switzerland and Sweden kept their rates unchanged Thursday but Norway raised its key rate to 4.5% from 4.25% to return inflation to target.
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In the Age of AI, Cash Is Still King
Technology is increasing competition for deposits in more ways than one.
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German Business Sentiment Climbs to Highest Level in Three Years
The president of the Ifo Institute said companies assessed their current business situation more positively and the economy continued to recover.
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BOE Rate Rise Increasingly Likely If Energy Prices Stay High, Deputy Governor Says
Clare Lombardelli said policy was increasingly likely to need to tighten if elevated energy prices persisted, absent clear evidence of disinflation or weaker activity.
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Ukraine's Economy Hampered by Black Sea, Energy Disruptions, Says EBRD
An agreement with Russia to halt attacks on energy infrastructure and the restoration of grain exports through the Black Sea, would boost Ukraine's economy, the European Bank for Reconstruction and Development said.