Traders on Thursday added to bets the Federal Reserve will keep policy on hold through this year and will begin interest rate cuts in mid-2024, despite a stronger-than-expected reading for
A look at the day ahead in U.S. and global markets from Mike Dolan The selloff in Wall Street stocks is starting to snowball as even megacap tech beats get batted away by a fresh wave of bond market
The estimate for U.S. third-quarter earnings has improved slightly this week, with more S&P 500 companies including Microsoft reporting stronger-than-expected results.
The interest rate on the most popular U.S. home loan last week jumped to the highest since September 2000, marking its seventh straight weekly increase and driving mortgage applications to
The White House will request another supplemental spending package this week to address child care, disaster relief, and other priorities, White House spokesperson Karine Jean-
U.S. business output ticked higher in October as the manufacturing sector pulled out of a five-month contraction on a pickup in new orders, and services activity accelerated modestly amid
A look at the day ahead in U.S. and global markets from Mike Dolan Big Tech heavyweights Microsoft and Alphabet are set to switch global investors' focus from Monday's bond market bounce, although the
The China-U.S. Economic Working Group held its first meeting via video link on Tuesday, the Chinese finance ministry said.
The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market
Bill Ackman's hedge fund Pershing Square Capital Management has covered its bond short position, the billionaire investor posted on Monday, saying it was too risky to remain short bonds at
Goldman Sachs Asset Management has raised $4 billion for a new fund to invest in infrastructure assets globally, including energy transition, transport and logistics, the company said on
A look at the day ahead in U.S. and global markets from Mike Dolan Partly unwinding pre-weekend safety hedges related to the Middle East conflict, world markets are back focused on some critical macro
A look at the day ahead in European and global markets from Wayne Cole.
The U.S. government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell and outlays for Social Security, Medicare
Federal Reserve Bank of Cleveland President Loretta Mester said on Friday the central bank still has plenty of space to cut the size of its holdings as a complement to its tighter
BofA Global Research said on Friday it now expects the U.S. Federal Reserve to deliver a 25-basis-point rate hike in December instead of November.
European Union member states want to close a free trade deal with India, but only if it grants real access to the Asian country's markets, Spanish Deputy Trade Minister
U.S. equity funds registered huge withdrawals in the week ending Oct. 18, hit by a surge in bond yields and escalating geopolitical tensions in the Middle East.
A look at the day ahead in U.S. and global markets from Mike Dolan After a hectic week deciphering a blizzard of economic and corporate updates and a bruising bond yield surge, world markets turn
Escalating tension in the Middle East and surging U.S. bond yields set financial markets up for more turbulence, exacerbated by high oil prices and China's property pain.
The U.S. 10-year Treasury yield briefly reached 5% for the first time since 2007, marking a fresh milestone in a relentless push higher for government borrowing costs.
Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday that controlling inflation is still the U.S. central bank's mission, although he did not say what that
Venezuela's sovereign bonds rallied on Thursday, a day after the United States lifted its ban on secondary market trading of some of the country's eurobonds.
Spotify back up after outage hits over 40,000 users
Former Dallas police officer Amber Guyger now eligible for parole six years after murder
‘It felt risqué:’ How a computer dating service launched in 1965 changed our love lives
Pakistanis protesting Hezbollah leader's killing clash with Karachi police
Iran's president denounces Israeli attacks on Tehran's regional allies
Israel used US-made bomb in attack on Hezbollah head, US senator says
China to cut existing mortgage rates by end-Oct, cities ease home-buying curbs
Packers QB Love available to play; CB Jaire Alexander out Sunday against Vikings
Alabama overtakes Texas for No. 1 and UNLV earns its 1st ranking in program history
‘LibraryTok’ is building school-age nostalgia on the internet. Fans can’t get enough