Bond Yields Around the World Soar in Challenge to Government Borrowing
The runup in interest rates has profound consequences for the global economy, heaping pressure on everyone from home buyers to credit-card holders and especially governments.
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U.S. Stocks Slip as Global Bond Selloff Intensifies
U.S. stocks slipped, with the Nasdaq leading losses.
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U.S. Targets Iran in Fresh Wave of Strikes
The attacks came after Iran targeted commercial ships and American service personnel in the Middle East.
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U.S. Factory Activity Growth Slowed in August
The ISM's purchasing managers index was 54.6 in August compared with 55.6 in July. Analysts polled by The Wall Street Journal were expecting a reading of 55.3.
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Bank of Canada Expected to Remain On Hold as Trade Conflict With U.S. Escalates
The Bank of Canada is widely expected to keep its main interest rate unchanged on Wednesday as policymakers assess the fallout from a stark deterioration in Ottawa-Washington trade ties.
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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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These Banks Are Banding Together to Launch a Stablecoin
Twenty-one firms including several megabanks plan to establish a company that would help guard against competition from digital assets.
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U.S. Job Openings Rose in July as Hiring Ticked Down
The report shows yet another signal of a low-hire, low-fire labor market that stretches back to at lease last year. Available positions rose slightly to 7.3 million in July from 7.2 million in June.
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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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London Stock Exchange Plans Tokenized Trading
The move comes as the exchange fights to grow its relevance amid declining public listings and increased retail and institutional interest in crypto.
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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.