U.S. Treasury, German Bund Yields Hit Multiyear Highs; Dollar Strengthens
Increasing expectations that the Fed will raise interest rates further sparked the jump in Treasury yields which fed through into the dollar and European bond yields.
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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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Fed's Williams Says Another Hike 'Reasonable' in 2026. The Market Thinks He's Wrong.
The Fed official said inflation was the central bank's 'big challenge.'
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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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Global Bond Selloff Continues, Stock Futures Drop
Stocks slid across the globe in early European trade Thursday as the implications of higher oil prices as well as strong U.S. growth data reverberated through markets.
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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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Trump-Xi Summit: Here's the Current State of the AI Battle
The best AI models are made by U.S. companies but lower-cost, open-weight options from China are increasingly competitive.
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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.
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The AI Build-Out Is Becoming the Biggest Economic Bet in U.S. History
Data-center spending is greater than that for canals, railroads and grid combined-creating jobs and stock-market wealth, while boosting inflation and crowding out housing.
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Behind the Oil-and-Gas Industry's Blitz to Try to Defeat a Diesel Export Ban
Oil executives and their lobbyists launched a coordinated contingency plan to persuade the Trump administration not to enact a ban on U.S. diesel exports.
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Iran Has a Secret Weapon in Its War With America: Help From China
Trump wants to preserve relations with Xi, but Iranian customs data show Chinese entities have made thousands of shipments of components used in drones and missiles.