U.S. Stocks Rise as Oil Gains on Iran Escalation
Stocks rose as a rally in Treasury yields stalled but equity and bond moves were muted as oil prices continued climbing due to clashes between Iran and the U.S.
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Borrowing Isn't the Bond Market's Only Concern-Growth Is Too
Many governments look more prudent than the U.S. right now, but aging workforces and anemic growth mean debts look scary, even with a lift from AI.
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Trump Wants Lower Rates. That Won't Stop a Fed Rate Hike.
President Donald Trump says the U.S. "should have the lowest interest rates in the world." But he appears to be giving Fed Chair Kevin Warsh breathing room for now.
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What the Fed's Beige Book Says About Inflation, Jobs, and Data Centers
Data-center construction is creating jobs, but consumer spending is being hurt by higher gasoline prices.
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Private-Sector Hiring Slowed in August
Private companies added a net 38,000 jobs in August, after adding a revised 46,000 jobs in July, ADP said. August saw the slowest pace of job creation since January.
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Bank of Canada Keeps Rate Steady as Inflation Worries Intensify
The central bank left its main interest rate unchanged at 2.25%, and said the escalating trade conflict between the U.S. and Canada threatens to add to inflation.
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Winter Is Approaching and Europe Is Running Low on Natural Gas
The continent has put off buying natural gas for the winter in a potentially risky bet that the Iran war will be over soon and prices will drop.
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Europe Joins Global Bond Selloff as Middle East Hostilities Lift Oil Prices
The 10-year Bund yields reached their highest since 2011, yields on 10-year gilts climbed to their highest level since 2007 and Japan's 10-year government bond yield hit its highest level since September 1996.
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U.S. Crude Oil Stockpiles See Larger-Than-Expected Drop
Commercial crude oil stocks were down by 4.5 million barrels last week. Analysts had expected crude stocks to fall by 300,000 barrels.
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UK Prime Minister Says Government Will Be 'Grounded in Fiscal Responsibility'
The U.K. government is taking action to cut its debts and will continue to stick to its self-imposed budget rules, Prime Minister Andy Burnham told lawmakers Wednesday.
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Why Friday's Jobs Report Could Surprise the Fed and Shock Markets
The Federal Reserve is increasingly expected to raise interest rates in September, but signs of labor-market softness are putting new focus on Friday's jobs report.