Today: November 06, 2026
Today: November 06, 2026

interest rates

Economy|Finance

Under Trump, deficits remain high while borrowing costs escalate 

US government debt hit a milestone $40 trillion in August, triggering a potentially uncomfortable debate for President Donald Trump and Republicans

Business|Economy|Finance

China set to leave benchmark lending rates unchanged for 17th month

China is set to leave benchmark lending rates unchanged for a 17th consecutive month in October, a Reuters survey showed, after better-than-expected third-quarter GDP data

Arts|Economy|Finance|Technology

BOJ chief says underlying inflation 'quite close' to price goal

Bank of Japan Governor Kazuo Ueda said underlying inflation is "quite close" to the central bank's 2% target with strong global AI demand adding to

Business|Economy|Finance

Australia central banker sees signs of labour market easing

A senior Australian central banker flagged on Monday signs that the labour market was loosening faster than expected, but cautioned against reading too much into a month of

Uncategorized

ECB's Lagarde says bond selloff will slow inflation

A selloff in bonds is making borrowing more expensive in the euro zone, curbing economic growth and ultimately inflation, European Central Bank

Arts|Economy

BOJ may need to tighten faster if inflation beats forecast, IMF says

The Bank of Japan is "doing the right thing" by normalising monetary policy and may need to raise interest rates faster if inflation rises more than

Business|Economy|Finance|Technology

Nasdaq sinks more than 2% as investors raise questions about AI debt

Nasdaq sinks more than 2% as investors raise questions about AI debt

Business|Economy|Finance

Brazil may offer credit lines to ease impact of tax, labor reforms, minister says

Brazil's Finance Minister Dario Durigan said on Friday that specific credit lines could be unveiled by the government for companies affected by a consumer tax

Business|Economy|Finance|Stock Markets|Technology

Wall Street tumbles as worries about AI trade and high oil prices weigh

Wall Street tumbled on Friday, with CoreWeave, Broadcom and other AI-related technology

Business|Economy|Finance|Stock Markets

Dollar heads for weekly loss as Fed hike bets fade, AI jitters linger

The dollar was lower on Friday and on track for its first weekly fall in more than a month against the euro and the yen, reflecting fading expectations

Business|Economy

NY Fed service sector survey finds notable price pressures

By Michael S.

Business|Economy|Finance|Stock Markets|Technology

CoreWeave stock, bond set for weekly plunge as rate-hike fears hit AI bet

CoreWeave's shares and bond were set for steep weekly losses on Friday, underscoring investor worries over the cloud-computing company's $50

Economy|Finance|Science|Technology|World

Central bankers eye higher rates as AI boom fuels scramble for cash

The artificial intelligence boom is setting off a global race for money, forcing central bankers to contemplate a future in

Arts|Business|Economy|Finance|MidEast|Technology|US|World

US manufacturing output rises in September

US factory production increased in September, but lost considerable momentum in the third quarter amid headwinds from the Middle East conflict, which has snarled supply

Arts|Finance|Technology|World

Tipping Point

Hello Morning Bid readers! Are we reaching an inflection point?

Business|Economy|Finance

Brazil economic activity up 0.3% in August, matching forecasts

Economic activity in Brazil rose by a seasonally adjusted 0.3% in August from the previous month, a central bank index showed on Friday, matching the median forecast in a

Business|Economy|Finance

Asian bonds record biggest monthly foreign outflow since March 2020

Asian bonds faced in September their heaviest foreign selling pressure in more than six years, as a sharp rise in US Treasury yields and renewed Federal Reserve tightening blunted

Arts|Economy|Finance|MidEast|Science|Technology|World

BOJ chief vows to keep raising rates, anchor inflation around target

Bank of Japan Governor Kazuo Ueda said on Friday the central bank will focus on anchoring underlying inflation around its 2% target and won't tolerate any

Economy|Europe|Finance|Political|World

IMF expects at least one more 25 bps ECB rate hike in 2026

The European Central Bank is likely to raise interest rates by 25 basis points at least one more time this year to fight high inflation, the International Monetary Fund

Business|Economy|Finance

Brokerages expect next BOJ rate hike in Dec, further tightening in 2027

The Bank of Japan raised interest rates to a 31-year high in September and signalled that further tightening could follow as it shifts its focus to preventing inflation from

Business|Economy|Finance

BOJ chief flags inflation overshoot risk, stresses importance of 2% anchor

Bank of Japan Governor Kazuo Ueda on Friday reiterated the risks of underlying inflation overshooting the central bank's 2% target, stressing the growing importance of

Arts|Economy|Finance|Science|Technology

Fed chair Warsh says price stability is key but shies away from signals about rates

U.S. Federal Reserve Chairman Kevin Warsh says he won't prejudge what the U.S. central bank will do about interest rates at its upcoming meetings

Business|Economy|Finance

Fed's Hammack warns inflation expectations deterioration could require Fed response

By Michael S.

Economy|Finance

Fed's Warsh sees US resilience, mum on rate-path view

Federal Reserve Chairman Kevin Warsh voiced optimism on Friday about US economic strength and surprise about how well global economies have

Business|Economy|Finance

India widens rupee defence to rates, but cautiously

India's central bank will further tighten monetary conditions to counter capital outflows and raise the cost of betting against the rupee,

Economy|Finance|Stock Markets

Calm after CoreWeave shock, but for how long?

A look at the day ahead in European and global markets from Kevin Buckland Asian stocks are rising into the weekend, with bargain hunters probably leading the buying after the precipitous plunge in

Business|Finance

How Healey's first UK budget could ripple through markets

Britain's new finance minister, John Healey, delivers his first budget on October 28 against a backdrop of rising global borrowing costs and

Business|Economy|Finance

Japan core inflation likely exceeded BOJ target for first time since December

Japan's core consumer inflation in September likely exceeded the central bank's 2% target as higher energy prices driven by the Middle East conflict fed through to households

Business|Economy|Finance|Science|Stock Markets|Technology|US

Chipmaker sell-off sends investors to other stocks and bonds for safety

Chipmaker sell-off sends investors to other stocks and bonds for safety

Economy

Brazil candidates focus fiscal plans on voter-friendly measures before runoff

As Brazil's presidential runoff campaign enters its final stretch, both candidates are focusing plans for fiscal adjustments on politically palatable

Economy|Finance|Science|Stock Markets|Technology|US

Global stocks flat as AI and rate fears hit tech

An index of global equity markets ended flat on Thursday as concerns about AI spending and higher interest rates fueled further selling in technology and

Economy|Science|Technology

S&P 500 ends higher as traders shift from AI to healthcare

The S&P 500 ended higher on Thursday, springing back from early losses as investors concerned about AI stocks shifted into Eli Lilly,

Arts|Business|Economy|Finance|World

US consumers are muscling through higher prices, but for how long?

High gas prices are intensifying inflation and vacuuming up more of Americans’ dollars, yet consumers are still digging deep to spend, powering the economy, at least for now

Arts|Economy

Average long-term US mortgage rate holds at 7.4%, remaining at highest level in nearly 3 years

Mortgage rates held steady this week, keeping the average long-term U.S. home loan rate at its highest level in nearly three years

Business|Economy|Finance|World

US producer prices post largest gain in 4-1/2 years; expensive gasoline boosts retail sales

US producer prices increased by the most in 4-1/2 years in September amid rising costs for goods and services, the latest indication of inflation

Business|Economy|Finance

High mortgage rates are deepening a ‘K-shaped’ housing market

High mortgage rates are deepening a ‘K-shaped’ housing market

Arts|Business|Economy

Major brokerages expect Fed to hold rates ahead of policy meeting

Global brokerages expect the US Federal Reserve to keep interest rates unchanged on Wednesday, with BofA Global Research one of the only outliers among Wall Street majors.

Economy|Science|Technology

Nasdaq nears one-month low as AI stocks slide on debt concerns

The Nasdaq fell to near one-month lows on Thursday as fears of a hit to artificial-intelligence investments from higher interest rates deepened a rout in AI-linked stocks, while

Economy|Finance

UK's Healey should rebuild fiscal headroom to about £15-16 billion, Reuters poll shows

British finance minister John Healey should rebuild his depleted headroom against the fiscal rules to about £15-16 billion ($20-21 billion) at this month's budget to

Business|Economy|Finance

BoE to raise rates to 4% in November, but economists narrowly expect hold from there

The Bank of England will raise Bank Rate for the first time in more than three years to 4.0% in November, according to a majority of economists polled by Reuters who have reversed

Economy|Finance|Stock Markets

CoreWeave unravels

(Corrected the capitalization in the company name CoreWeave.)

Business|Economy|Finance|Stock Markets|US

US 10-year Treasury yield levels not unprecedented, BNY CEO says

The levels the benchmark 10-year US Treasury yield has touched this year are not unprecedented, the CEO of the oldest US bank

Africa|Economy|Finance|World

Africa's economic resilience masks rising inflation threat and fragile buffers, IMF warns

Sub-Saharan Africa's inflation outlook has worsened since April even as growth held up better than expected, the IMF said, warning that the region's

Business|Economy|Finance

BOJ policymaker warns against being overly cautious on rate hikes

The Bank of Japan should not become overly cautious about raising interest rates, given considerable upside risks to inflation, Junko Koeda, a

Arts|Economy|Entertainment|Finance|Lifestyle|Technology

Japanese insurers are poised to bring money back home - gradually

Some of Japan's largest asset managers are expected to unveil plans to buy more domestic bonds with markets focusing on whether they would step up divestments of overseas

Arts

Australia employment unexpectedly slides in September, jobless at 4.7%

Australian employment unexpectedly fell in September, data showed on Thursday, while the unemployment rate held at a five-year high, a soft result that had

Business|Economy|Finance|Interview

Fed's Daly says rate hikes likely needed, but not urgently

The Federal Reserve will probably need to increase short-term interest rates further to rein in too-high inflation, San Francisco Federal Reserve

Economy|Science|Technology

Trading Day: Tech melt

US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and

Business|Economy|Finance|World

IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure

The head of the International Monetary Fund says the United States and other wealthy nations must urgently tackle mounting global debt, which is weighing most heavily on low-income countries

Business|Economy|Finance

UK stocks close higher as weaker sterling boosts export-heavy sectors

UK stocks ended higher on Wednesday, supported by a rise in healthcare and consumer staples sectors, which gained on a weaker sterling after data showed US inflation came in hotter

Business|Economy|Finance

Inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections near

U.S. inflation accelerated last month as gas, clothes, and air fares got more expensive, evidence that rising prices remain an economic challenge just a few weeks before the midterm elections

Business|Finance

Bank of England's Pill says he's sceptical about market pricing four rate hikes

Bank of England Chief Economist Huw Pill, who has voted for a quarter-point interest rate hike in recent months, said on Wednesday he was more sceptical about market pricing of four

Business|Economy|Finance|Stock Markets|US

Let the doves sing

A look at the day ahead in European and global markets from Rocky Swift With US Federal Reserve officials singing a less hawkish tune overnight, Singapore kept the dovish trend rolling with a surprise

Business|Economy

High gasoline prices expected to boost US consumer inflation in September

US consumer prices likely surged in September, driven by rising gasoline and food costs, and adding to a string of unfavorable developments for President Donald Trump

Economy|Finance

IMF dials up calls for urgent fiscal consolidation

The International Monetary Fund on Wednesday issued an urgent call for advanced economies and others to reduce government spending, cut deficits and lower

Business|Economy

How Singapore's unique monetary policy works

Singapore's central bank kept its monetary settings unchanged on Wednesday, surprising analysts who expected a tightening, with the economy projected to

Economy|Interview

Fed's Williams sees no need for rate hike in 2027, Bloomberg News reports

By Michael S.

Arts

Fed's Collins sees another rate hike on the table before end of 2026

By Michael S.

Business|Economy|Europe|Finance|Technology

AI limiting European workers' bargaining power, ECB's Lane says

The increased use of AI by euro zone companies could curb workers' ability to demand higher wages while heavy investment into the new technology may be materially

Business|Economy|Finance|Science|Technology

Brutal session for chip stocks shows AI trade is turning

A selloff in AI supplier shares on Tuesday is the strongest sign to date that the mood on the trade of the decade is shifting, with growing worries that

Business|Economy|Finance|Stock Markets

Citi profit tops estimates on higher investment banking, services and wealth revenue

Citigroup beat Wall Street estimates for third-quarter profit on Tuesday, helped by stronger investment banking revenue and transactions

Business|Economy|Finance|Stock Markets

Big banks post strong Q3 profits, but warn higher rates and inflation could bite

Wall Street’s biggest banks have reported another strong quarter as U.S. consumers continue to pay bills and businesses invest in AI

Arts|Business|Economy|Finance|Interview|Technology

Goolsbee says AI-induced inflation is 'jumping out of its lane,' Semafor reports

Federal Reserve Bank of Chicago President Austan Goolsbee said on Tuesday that inflation is starting to feel like "aggregate overheating" fueled by spillovers from the artificial

Africa|Americas|Arts|Asia|Australia|Business|Economy|Europe|Finance|MidEast|Science|Technology|World

Dollar retreats from 18-month high as oil prices fall, inflation data in focus

The dollar slipped from an 18-month high on Tuesday as oil prices retreated and investors reassessed the AI-fueled rally that has supported demand for US

Arts

US Treasury yield peak still ahead as Fed likely to tighten again, PIMCO's Ivascyn says

US Treasury yields may have further room to rise, with the Federal Reserve likely to deliver one or two more rate increases before the current

Business|Economy|Finance|Stock Markets

Higher yields revive the case for a new-look 60/40 portfolio

US investors are favourably reassessing the traditional 60% stock, 40% bond portfolio strategy as a selloff in government debt lifts yields to levels

Uncategorized

US home sales rose in September, but slowed from a year earlier as mortgage rates, prices rose

Sales of previously occupied U.S. homes rose in September from the previous month, but slowed compared to a year ago, the latest sign the housing market remains stalled as rising mortgage rates and home prices discourage prospective homebuyers

Arts|Economy

Japan's wholesale inflation remains elevated, keeps alive BOJ rate-hike view

Japan's wholesale prices rose 6.8% in the year to September, according to data released on Tuesday, slowing from the previous month but highlighting mounting

Business|Economy|Finance

Britain needs to keep deficit reduction on track, IMF says

Britain needs to ensure it sticks to its deficit reduction plans as government borrowing soars elsewhere, the International Monetary Fund warned on

Business|Economy|Finance|Interview|Stock Markets|US

Fed's Hammack: Hope to cool demand, and inflation, without job market pain

Cleveland Federal Reserve President Beth Hammack said on Monday she hopes the Fed can lower inflation without damaging the job market, but that may

Business|Economy|Finance|Stock Markets

Nasdaq falls ahead of earnings, economic data while oil rallies

The technology-heavy Nasdaq composite closed lower on Monday as oil prices jumped nearly $2 a barrel after attacks on a Saudi airport, and

Asia|Business|Economy|Europe|Finance|Stock Markets

Oil rallies, sending dollar higher on expectations of higher US rates

Oil prices climbed on Monday as attacks on Saudi Arabia overshadowed hopes for supply improvements, and expectations for higher US

Business|Economy|Finance|Stock Markets|US

Goldman upgrades global equities on earnings optimism

Goldman Sachs on Monday upgraded its three-month view on global equities to "overweight" from "neutral", saying earnings growth remains supportive for equities and valuations have

Business|Economy|Finance|World

India inflation jumps to 5.54% in September, strengthening case for further rate hikes

India's retail inflation jumped to 5.54% in September, data showed on Monday, nearing the upper end of the central bank's 2%-6% tolerance band and strengthening the case for further

Business|Economy

Russia's new budget allows more monetary easing, but is not the only factor, central bank official says

Russia's three-year budget plan is in line with the central bank's July forecast and will allow for a further easing of monetary policy,  Deputy Central Bank Governor Alexei

Business|Economy|Finance

Fed officials are warning of more pain. Many Americans are already feeling it

Fed officials are warning of more pain. Many Americans are already feeling it

Economy|Finance

Middle East war, high debt levels to dominate IMF-World Bank meetings in Bangkok

Finance officials from around the world will gather in Bangkok this week under the shadow of a widening war in the Middle East, the biggest-ever energy

Business|Economy|Finance|Stock Markets|US

Bank earnings, CPI headline busy markets week as S&P 500 hovers near records

Quarterly earnings reports from banks, along with inflation data and other economic releases next week, will offer US stock investors insight into the

Arts|Economy|Finance|Stock Markets|US

Stocks advance ahead of earnings, navigating still-high Treasury yields and oil prices

World stocks rose on Friday, with government bond yields and oil prices only incrementally higher, ahead of key economic

Business|Economy|Europe|Finance|World

Euro falls, set for fifth straight weekly drop as oil prices rise

The euro was poised for a fifth straight weekly drop on Friday, with early gains fading as oil prices erased earlier declines, but recent selling

Economy|Finance

With midterms approaching, Americans’ confidence in the economy is in a tailspin

With midterms approaching, Americans’ confidence in the economy is in a tailspin

Business|Economy|Finance

Bonds, bombs and barricades

Could bond market pain be contagious?

Business|Economy|Finance|Stock Markets

US 10-year Treasury yield risks hitting 6% for first time since 2000, Pimco's Ivascyn tells FT

The benchmark 10-year US Treasury yield could rise to 6% for the first time since 2000 as high oil prices fuel inflation concerns and worries over the country's growing public debt,

Asia|Business|Economy|Finance|MidEast

Singapore poised to tighten monetary policy amid strong growth and rising inflation risks

Singapore is expected to tighten monetary policy at a scheduled review on Wednesday as robust growth and inflation risks bolster the case

Business|Economy|Political

Japan PM vows to keep watching yen, inflation moves carefully

Japanese Prime Minister Sanae Takaichi said on Friday the government will continue to scrutinise exchange-rate and price developments carefully, and respond appropriately.

Arts|Business|Economy|Finance

Japanese annual household spending drops for 9 straight months

Japanese household spending fell less than expected in August from a year earlier, government data showed on Friday, for a ninth straight month of decline.

Arts

Rising oil prices, falling technology stocks and reversing bond yields keep Wall Street unsettled

Some sharp reversals kept financial markets unsteady, as oil prices rose and U.S. stock indexes swung

Arts|Business|Economy|Finance|Stock Markets|Technology

S&P 500, Nasdaq end lower as crude prices jump, chip stocks weigh

US stocks dipped on Thursday as crude prices surged on a spike in Middle East tensions and a cut in US output that stoked inflation

Business|Economy|Finance|Stock Markets|US

US bonds rally after 30-year auction finds solid demand

US Treasuries rose on Thursday, with most yields across the curve falling for just the second time this week, after a 30-year bond auction met

Business|Economy|Finance

Dollar eases as European yields pull back from highs

The dollar retreated on Thursday as a rise in euro zone bond yields stalled, while expectations for the path of interest rates from the Federal Reserve

Business|Economy|Finance|Stock Markets

Wall Street winces at bond squeeze

Stock markets finally stalled on Wednesday and early Thursday as the bond crunch ground on, with the latest Federal Reserve minutes showing most policymakers in

Economy|Europe|Finance

ECB to hike rates again in December as inflation almost doubles 2% target: Reuters poll

The European Central Bank is expected to hold its deposit rate at 2.50% this month but raise it by 25 basis points in December as inflation runs nearly

Arts|Business|Economy|Europe|Finance|MidEast

UK 10-year borrowing costs rise to 19-year high after oil prices jump

British long-term borrowing costs hit fresh multi-decade highs on Thursday as part of a global bond selloff driven by a sharp rise in oil prices triggered by attacks on

Business|Economy|Finance|Technology

AI boom to fuel Australia inflation despite higher rates, ex-RBA official says

Australia's AI investment boom is likely to boost inflation in the near term as productivity benefits take longer to emerge, leaving the central bank with limited

Finance

Bank of England's Pill says central banks must focus on inflation

Bank of England Chief Economist Huw Pill said on Thursday that central banks had to keep their focus on fighting inflation against the backdrop of rising bond yields in

Business|Economy|Finance

Bank of England's Greene says UK pay outlook worries her

British employers look on course to raise pay by around 3.5% next year, a bigger increase than would be helpful in returning inflation to its 2% target, Bank of England

Business|Economy|Finance

'Dangerous' for BoE to rely on high bond yields to control inflation, MPC's Greene says

The Bank of England should not continue to rely on high bond yields to do its job of taming inflation, Monetary Policy Committee member Megan Greene said on Thursday.

Arts|Economy|Europe|Interview

With inflation risks to upside, ECB may need to hike more, Dolenc says

The European Central Bank may have to keep raising interest rates given an abundance of upside inflation risks but the timing and size of any move remain

Economy|Europe

Le Pen lifting retirement age is key to French bond yields, RBC BlueBay strategist says

How far French borrowing costs rise will depend on whether presidential candidates, above all far-right frontrunner Marine Le Pen,

Arts|Economy|Finance|MidEast|US

Fed's Waller: More hikes needed, but there is 'flexibility' about the pace

US Federal Reserve Governor Christopher Waller said on Thursday that additional rate hikes will likely be needed to lower inflation to the Fed's 2%

Business|Economy|Finance

Bank of Japan sees broadening inflationary pressure

The Bank of Japan said price increases driven by higher raw material costs were spreading to consumer goods with some firms hiking prices more often,

Arts|Asia|Business|Economy|Environment|Europe|MidEast

Thai central bank in no rush to raise rates, governor says

Thailand's central bank chief said on Thursday there is no rush to raise interest rates and monetary policy could not address structural issues constraining economic growth.

Arts|Economy|Entertainment|Finance|Food|Lifestyle|Opinion|Technology

Fed minutes show some officials want to prepare for market stress

Federal Reserve meeting minutes from last month’s policy meeting noted some officials believe it’s time for the central bank to get ready for bond market stress.

Business|Economy|Finance|Stock Markets

Trading Day: Stocks, bonds in delicate dance 

A sea of red swept across global stocks on Wednesday as the bond market selloff picked up again and lifted long-dated US yields to 24-year highs,

Business|Economy|Finance|Stock Markets|Technology

Wall Street retreats from its record as stocks fall worldwide

U.S. stocks pulled back from their record

Arts

Trump says Federal Reserve Board would like to see the country do badly

US President Donald Trump, asked by a reporter on Wednesday about mortgage rates, said the Federal Reserve Board "would like to see the country do badly".

Business|Economy|Finance|Stock Markets

Wall Street ends lower, off record highs, as Treasury yields climb

Wall Street closed lower on Wednesday, as long-dated US Treasury yields resumed their climb, reviving fears about inflation and

Arts|Economy|Entertainment|Finance

Fed policymakers divided over rate-hike logic in September, minutes show

Federal Reserve policymakers were divided last month over the rationale for raising interest rates, with "some participants" seeing a hike as needed

Business|Economy|Finance

Fed minutes: Another rate hike likely coming this year to combat persistent inflation

Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, minutes released Wednesday from the central bank’s most recent meeting showed

Arts|Business|Economy|Environment|Finance|Science|Technology

NY Fed September survey finds public expecting more near-term inflation

By Michael S.

Business|Economy|Finance|World

Euro drops toward 17-month lows, dollar holds gains after Fed minutes

The euro tumbled on Wednesday as French bonds came under renewed pressure on fiscal concerns, while the dollar held gains following the minutes from

Business|Economy|Finance|Science|Stock Markets|Technology|World

Existential threats join bubble fears as AI mood sobers at Singapore forums

Existential and financial risks posed by the artificial intelligence boom were top of mind for investors and policymakers at two conferences in Singapore

Business|Economy|Finance|Stock Markets|US

Storm brewing

As the US third-quarter earnings season gets set to kick off, Wall Street's S&P 500 joined the Nasdaq in setting a new record high on Tuesday - its first in about six

Business|Economy|Finance|Political

Fed minutes could detail rate-hike decision, policy path

A readout on Wednesday of the Federal Reserve's last policy meeting is expected to show a much broader debate than reflected in the unanimous decision

Business|Economy|Finance

India raises policy rate by 25 bps in first hike in nearly four years

The Indian central bank raised its benchmark repo rate INREPO=ECI by 25 basis points to 5.5% on Wednesday, marking the first rise in nearly four years amid mounting inflation and

Business|Economy|Finance

India joins global rate-tightening wave with first hike in nearly 4 years

India's central bank raised its benchmark repo rate by 25 basis points to 5.5% on Wednesday, marking the first rise in nearly four years amid

Business|Economy|Finance

Japan's real wages rise for eighth straight month in August  

Japan's real wages rose 1.5% in August from a year earlier, marking the eighth consecutive month of gains, government data showed on Wednesday, pointing to a continued

Economy|Finance|Stock Markets|Technology

Trading Day: Running with the bulls

The S&P 500 and Nasdaq hit record highs on Tuesday as a pause in the bond market sell-off and steady oil prices paved the way for a tech- and AI-

Business|Economy|Finance

New York Fed says supply chain pressures rose last month relative to August

Supply chain pressures heated up modestly in September, a report said from the Federal Reserve Bank of New York on Tuesday.

Economy|Finance

Euro bounces as decline in French bond yields cools debt jitters

The euro rebounded on Tuesday and was poised for its strongest move higher in seven weeks after falling to a 17-month low on the prior day, as a

Business|Economy|Finance

Slowdown in money-fund cash flow hits short-term Treasuries

A stream of investor cash flowing into money-market funds has slowed significantly this year, pushing up yields on Treasury bills and

Business|Economy|Europe|Finance|World

ECB's Rehn: High yields to dampen energy price pass-through

Rapid energy inflation across the euro zone has not yet spread to other goods and services, and the recent rise in bond yields is likely to dampen price pressures as it

Business|Economy|Finance

High inflation has become embedded in Britain, Bank of England's Mann says

Inflation running above the Bank of England's 2% target appears to have become embedded in the British economy and risks getting further entrenched in wage negotiations early

Arts

BOJ chief calls for more focus on anchoring inflation around target

Bank of Japan Governor Kazuo Ueda said on Tuesday it was becoming more important to anchor underlying inflation around the central bank's 2% target, signalling

Arts|Asia|Business|Finance|World

Thai September headline CPI rises 2.82% on year, below forecast

Thailand's headline consumer price index rose 2.82% in September from a year earlier, after a 2.53% annual increase in the previous month, driven by higher fuel and food

Business|Europe|Finance|Stock Markets

Spain to France: hold my cerveza

A look at the day ahead in European and global markets from Stella Qiu Just when markets thought Europe's political theatre could not get more crowded with the French fiscal drama, Spanish Prime

Business|Economy|Finance|World

BOJ may signal underlying inflation has hit 2% goal, sources say

The Bank of Japan may signal this month that underlying inflation has roughly hit its 2% target, three sources familiar with its thinking

Business|Economy|Finance|Stock Markets|World

Nasdaq hits record as dollar and Treasury yields climb, oil prices ease

Wall Street equities were buoyed by advances in mega-cap stocks on Monday, as Treasury yields held near multiyear highs, the dollar advanced

Business|Economy|Finance|World

US services sector cools in September, price pressures building

US services sector activity slowed in September, while strong domestic demand stretched supply chains and pushed a measure of prices paid by businesses

Business|Economy|Finance

Euro drops to 17-month low on France debt concerns

The euro stumbled to a 17-month low against the dollar on Monday as concerns about France's ability to tame its budget deficit and a sharp bond market

Business|Economy|Finance

What will Washington do next if US bond yields keep rising?

The US government is paying more to borrow, and it is running out of easy ways to rein in its borrowing costs.

Economy|Finance|Stock Markets

Europe's STOXX 600 gains on banks boost; French stocks slide on fiscal fears

European shares closed higher on Monday, while French equities slid to a six-month low on fiscal concerns and Schneider Electric's fall after

Business|Finance|Stock Markets

Panmure Liberum forecasts S&P 500 falling to 5,000, warns bull run nearing end

The benchmark S&P 500 will retreat to 5,000 points by the end of 2027, Panmure Liberum said on Monday, warning that the equity bull market could end sooner than many investors expect

Business|Economy|Europe|Finance|Stock Markets|World

Euro zone business growth hits over 3-1/2-year high despite inflation worries, PMI shows

Euro zone business activity expanded at its fastest pace in nearly 3-1/2 years in September as demand remained strong despite inflation worries stemming

Business|Economy|Europe|Finance

ECB's Lane: Drags on growth may limit need for ECB action

Surging energy costs, higher yields and shrinking budget support could all weigh on economic growth and may limit how much the European Central Bank needs to tighten

Business|Economy

India seen kicking off rate hike cycle as inflation broadens, peers turn hawkish

Investors have loaded up on bets that the Reserve Bank of India will raise rates this week, warning that it risks falling behind the curve as inflation

Business|Economy|Finance|Interview

Reflationist ex-BOJ policymaker calls end to low rates, big spending

Japan no longer needs expansionary fiscal and monetary policies aimed at boosting demand, former Bank of Japan board member Asahi Noguchi

Business|Economy

Global M&A deal rush fades in third quarter as rising borrowing costs bite

Global M&A activity in the third quarter totalled $993 billion, down 41% compared to the prior quarter, marking the first quarter to

Business|Economy|Finance|US

Fed's Logan calls for '50 bps or more' in rate hikes

The US central bank will need to raise short-term borrowing costs by at least another half of a percentage point to turn monetary policy "modestly restrictive" and get

Arts|Economy|Entertainment|Science|Technology

US mortgage rates jump by most in 4 years in latest week

The interest rate on the most common US home loan shot up by a quarter percentage point this week to the highest in almost three years on the back of surging government bond yields,

Business|Economy|Finance

How are higher interest rates and rising prices affecting you?

How are higher interest rates and rising prices affecting you?

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Fed's Kashkari expects more rate hikes, unsure on need to act this month

By Michael S.

Business|Economy|Finance

Global bond selloff boosts dollar, pressures euro

The dollar rose to a 17-month high against the euro on Thursday as a global bond selloff pushed US and European government yields

Business|Economy|Finance

Mortgage rates just hit 7.28%. But there are ways to get a lower rate

Mortgage rates just hit 7.28%. But there are ways to get a lower rate

Business|Economy|Finance

Historic low layoffs underpin US labor market; factory gate price pressures rising

New applications for US unemployment benefits drifted close to 57-year lows last week and layoffs decreased in September, suggesting labor market

Business|Economy|Finance|Stock Markets|US

US manufacturing steady in September, input prices increase

US manufacturing activity was little changed in September, with prices for inputs surging amid strong demand, pointing to sustained inflation pressures.

Business|Economy|Finance

Bank of England official says central bank mishandled its first response to Iran shock

Bank of England interest rate-setter Catherine Mann said the central bank made errors in how it framed its policy response to the shock from the

Business|Economy

UK factories report growing inflation pressures, PMI shows

British manufacturing cost pressures increased for the first time in four months in September, even as output grew at its slowest pace since March, according to purchasing

Economy|Finance|Stock Markets|US

Bond bruise won't heal

A new month, a new quarter - but the bond squeeze goes on, with the 10-year US Treasury yield hitting a 24-year high on Thursday.

Business|Economy|Finance

Why are world bond markets selling off again?

Government borrowing costs from the United States to Germany and Japan have hit fresh multi-decade peaks on heightened worries about

Arts|Economy|Entertainment|Finance|World

Bond market bust: The 10-year Treasury yield hit its highest level since 2002

Bond market bust: The 10-year Treasury yield hit its highest level since 2002

Business|Economy|Finance|World

UK factories report growing inflation pressures, PMI shows

British manufacturing cost pressures increased for the first time in four months in September, even as output grew at its slowest pace since March, according to purchasing

Arts|Business|Economy|Entertainment|Finance|Technology

Investors wary of slowdown in US corporate profit boom

A massive year for corporate profit growth is driving US stock market gains, but investors' hesitancy that the good times will roll on without a hitch is

Arts|Europe|Finance|Science

Instant View: Bond markets take a drubbing again, 10-year Treasury yields highest since 2002

Borrowing costs from the US to France, Britain and Japan hit their highest in decades on Thursday, squeezing already pressured government finances, and threatening stocks,

Business|Economy|Finance|Stock Markets

Tighter New Zealand election race stokes investor fears on policy backflips

A redefined mandate for New Zealand's central bank and policy reversals are among the prospects provoking unease among investors and businesses as a

Asia|Business|Economy|Finance|World

India's factory growth climbs to 7-month high on surging demand, PMI shows

India's manufacturing sector expanded sharply in September, ending a three-month slowdown as robust demand drove the fastest growth in factory activity in seven months,

Business|Economy|Finance|MidEast

Japan's patchy business mood takes pressure off BOJ for immediate hike

Japanese manufacturers' confidence hit an eight-year high over July-September but non-manufacturers' mood soured, a central bank survey

Arts|Business|Economy|Entertainment|Finance

BofA's Merrill Lynch settles cash sweep case for $39 million, must face second lawsuit

Bank of America's Merrill Lynch unit will pay $39 million to settle a class action claiming it paid brokerage customers near-zero interest rates instead

Business|Economy|Finance

Fed's Kashkari says central bank must lower inflation pressures

By Michael S.

Business|Economy|Political

Fed's Cook: inflation has been too high for too long

Federal Reserve Governor Lisa Cook on Wednesday said she is committed to bringing inflation down without harming the labor market in remarks that only briefly touched on monetary

Arts|Finance|Technology

S&P 500 dips, Nasdaq higher after data shows moderate inflation rise

Nasdaq climbed on Wednesday and the S&P 500 dipped, but both indexes notched their second straight quarterly gains, as a softer-

Business|Economy|Finance

Fed seen on pause in October after inflation data

A Federal Reserve rate hike next month looked less likely Wednesday after fresh government data showed inflation rose less than expected in August, easing pressure on

Business|Economy|Finance

The Fed's building renovations and Trump's push to oust Powell

President Donald Trump began publicly attacking Jerome Powell -- and privately musing about firing him -- just months after Trump elevated Powell in 2018 to the top job at the US

Business|Economy|Finance

US inflation rises below expectations in August, gives the Fed breathing space

US inflation increased less than expected in August and price pressures were more moderate in the prior month than previously reported, likely

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Global stocks weather third-quarter AI, bond and crude maelstrom

Stock market investors might have been expected to run for the hills in the face of an extraordinary surge in global borrowing costs, currency interventions,

Business|Economy|Finance|Stock Markets|US

Wall St futures extend gains after economic data

US stock index futures moved higher on Wednesday as a cooler-than-anticipated inflation reading lifted hopes that the Federal Reserve might not raise interest rates as soon as next

Arts|Economy|Finance|World

Inflation cooled slightly last month even as consumers stepped up spending

Inflation slowed a bit last month as Americans ramped up their spending, though price gains remained elevated and are a challenge for many voters as the midterm elections approach

Arts|Economy|Finance

Inflation jumps across euro zone, raising pressure on ECB to hike

Inflation rose far quicker than expected in some of the euro zone's biggest economies this month due to the energy-price shock of the

Business|Economy|Finance

BOJ's policy pivot opens scope for faster rate hikes

The Bank of Japan expects interest rate increases to happen faster and more regularly in future as it pre-empts risks of an inflation overshoot, sources said

Economy|Finance

Japan PM to vow nimble response to unexpected market moves, Nikkei reports

Japanese Prime Minister Sanae Takaichi will pledge a nimble response to any unexpected developments in the economy and financial markets in a policy speech next week, the

Business|Economy|Europe|Finance|MidEast|Stock Markets

A cruel quarter for bonds

A look at the day ahead in European and global markets from Ankur Banerjee Bond markets are staring at a brutal quarter as inflation risks due to the seven-month-long war in the Middle East heighten

Australia|Business|Economy|Finance|World

Australia inflation stubbornly high in August, defying run of rate hikes

Australian inflation accelerated in August as fuel costs surged anew and price pressures remained broadly based, showing no signs of easing

Asia|Business|Economy|Finance|World

Japan August factory output unexpectedly falls

Japan's factory output unexpectedly fell in August from the previous month, government data showed on Wednesday.

Arts

Fed's Williams sees no urgency for next rate hike

By Michael S.

Arts|Business|Economy|Finance|Stock Markets|Technology|US

Equities end slightly lower as bond yields hold near multi-decade highs

US stocks ended the session slightly lower on Tuesday, as government bond yields continued their ascent ahead of inflation and labor market data,

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Prospect of Fed pulling too far back on communications poses volatility risk, Musalem says

Too big a pullback in the US central bank's communications could lead to higher and more volatile interest rates and inflation if the public and

Business|Economy|Finance|Technology|World

Fed's Barr says more rate hikes likely to be needed to curb inflation

Federal Reserve Governor Michael Barr on Tuesday made a renewed case for further interest rate hikes, noting that high energy prices and a surge in AI-related

Business|Economy|Finance

BoE's Taylor says January wage settlement survey will be key

Bank of England policymaker Alan Taylor said on Tuesday that an annual BoE survey of firms' 2027 wage expectations, due in January, would be key for his view on the case

Business|Economy|Finance

Bank of England's Taylor views case for rate hike as 'not compelling'

The case for raising interest rates will remain weak until high energy prices translate into clearer signs of inflation spreading across the broader economy, Bank of

Business|Economy|Finance

BoE's Taylor casts doubt on practicality of single rate hike

Bank of England policymaker Alan Taylor said on Tuesday it was unclear that it would be practical for the BoE to do a single rate hike to tame inflation without fuelling

Business|Economy|Finance

US job openings fall in August; layoffs remain low

US job openings fell in August, but layoffs remained low, pointing to a stable labor market.

Arts|Business|Economy|Environment|Finance|Stock Markets

Stocks dip, 2-year US yield falls after Fed's Williams cools rate hike bets

Two-year US bond yields slipped on Tuesday as investors reduced bets on a Federal Reserve interest rate hike next month following comments by Fed

Business|Economy|Finance

Canada's economic growth unchanged in July, August likely to expand 0.2%

Canada's economic growth was flat in July, data showed on Tuesday, in line with expectations and signaling a slower start to the third quarter after a

Arts

India central bank recommends raising advances limits for state governments

India's central bank-appointed panel on Tuesday proposed raising the aggregate ways and means advances limit for state governments to 678.39 billion rupees ($7.07 billion) from the

Business|Economy|Finance

UK consumer lending rises at fastest pace since 1993, BoE says

Unsecured lending to British households rose at the fastest annual pace since at least 1993 in August, Bank of England data showed on Tuesday, in a sign that household

Science|Technology

Existential risks

As the bond market squeeze tightened further and dragged on equities, there was a flurry of news overnight surrounding the leading lights of the artificial

Business|Economy|Finance

China unveils rate cut, mortgage subsidies to spur growth

China unveiled measures on Tuesday designed to steer cheaper credit into a range of sectors including infrastructure and technology, as well

Business|Economy|Finance|World

Battered bond market braces for a new era of interest rates

The world's biggest sovereign bond markets are heading for their worst month in years as soaring energy costs fan

Business|Economy|Finance

Australia's central bank raises cash rate to 15-year peak

Australia's central bank raised its cash rate to a 15-year high of 4.60% on Tuesday in its fourth hike of the year, saying inflation was too high and it was prepared to

Business|Economy|Finance

Australia household spending is flat in August after strong run

Australian household spending was flat in August as consumers cut back on everything from food to clothing and culture, data showed on Tuesday, while they forked out more

Business|Economy|Finance|Science|Technology

Our products could end all human life, buy our shares

A look at the day ahead in European and global markets from Tom Westbrook Anthropic is making a massive bet that AI will transform the global economy and that public investors will pay to underwrite

Finance

Brazil debt profile worsens as floating-rate share hits fresh high

Brazil's share of debt linked to the benchmark Selic rate jumped to 52.7% in August from 51.1% in July, Treasury data showed on Monday, extending a deterioration in the

Arts|Business|Economy|Finance|Technology|World

Dollar flat as US-Iran stand-off lifts oil, yields

The dollar was flat against major currencies on Monday, as the continued stand-off between the US and Iran pushed oil prices

Business|Economy|Finance

Gold's lustre dims as Treasury yields surge, markets bet on higher Fed rates

Gold prices could face further pressure in the coming days as rising US Treasury yields and expectations of additional Federal Reserve rate hikes sap demand for the non-

Business|Economy

Stocks fall as higher oil prices, Treasury yields weigh

US stocks fell on Monday as oil prices and Treasury yields increased, with investors weighing uncertainty over the prospects for

Economy|Europe|Finance

ECB's Lagarde sticking to measured steps to quell inflation

This year's inflation surge has yet to generate dangerous second-round effects across the euro zone, so a moderate policy response from the European Central Bank remains

Business|Finance

UK long-run inflation expectations near 15-month high in September, Citi/YouGov survey shows

Long-term public inflation expectations in Britain came close to their highest level in more than a year in September, adding to pressure on the Bank of England as it

Business|Economy

China's cabinet pledges stronger policy support to meet growth target

China's cabinet pledged on Monday to step up counter-cyclical policy support to address rising economic strains, signalling greater urgency to shore up growth and keep the

Business|Finance|Stock Markets

Entering the home stretch

Nervy bond markets face another test this week as they navigate the ends of both the month and the third quarter on Wednesday, with the September US employment report