U.S. to Buy Back More Longer-Term Bonds
"The current maximum size of $2 billion per operation will be at least $4 billion per operation," the U.S. Treasury said.
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Fed Minutes Show Rising Concern Over Inflation
Minutes of the July meeting revealed more backed raising interest rates than the three who formally dissented.
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U.S. Stocks Climb as Bond Yields Dive
U.S. stocks rose after the Treasury Department said it would ramp up bond repurchases.
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U.S. Crude Oil Stockpiles Post Weekly Increase
U.S. commercial crude oil inventories rose by 4.4 million barrels last week in a third consecutive build, according to the Energy Information Administration.
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Trump Pauses 50% Tariff on Some Canadian Products
The levies were set to affect 5% of Canadian exports to the U.S. and risked escalation into a broader trade conflict.
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U.K. Inflation Surges as Iran War Threatens Further Price Pressures
Inflation was driven by a surge in household energy costs and reached the highest annual rate since March, when prices spiked following the outbreak of the war in Iran.
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Iran's Attacks on Ships in Hormuz Mount, Testing U.S. Military Restraint
The Trump administration, following a strategy of economic pressure, has sidestepped provocations in the Strait of Hormuz that are keeping traffic to a trickle.
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Bank Indonesia Holds Rates Steady as Rupiah Pressure Eases
The Indonesian central bank kept its benchmark seven-day reverse repo rate unchanged at 5.75%, as the rupiah stabilizes and it gauges the impact of prior interest-rate hikes.
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Cantor Lets Hedge Funds Place Big Bets on Kalshi's Prediction Markets
The investment bank will serve as a broker, arranging block trades on everything from weather forecasts to iPhone sales.
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The Stock Market Is Shrugging Off Geopolitical Risks. Why Wall Street Remains Bullish.
Strong earnings reports have helped the S&P 500 reach record levels this quarter. Analysts see more gains ahead, with one saying the index can reach 8100.
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Fed Minutes Show 'Many' Officials Prefer Hiking Rates If Inflation Doesn't Decline
Fewer Fed meetings could be on the horizon, too.
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Nasdaq Moves Closer to 23-Hour Stock Trading With December Launch
Nasdaq plans to add an overnight trading session starting Dec. 6 as U.S. exchanges move toward nearly around-the-clock stock trading.
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Investors Slam SEC Plan to Remove Best-Price Rule
A proposal to eliminate the decades-old protection draws criticism from Wall Street and individuals.
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Trump Administration Moves to Open Millions of National-Forest Acres to Logging
The U.S. Forest Service intends to rescind a 2001 rule that blocked most development and timber harvesting in certain national forests.