Fed Rate Hikes May Be Needed, Warsh Says at Jackson Hole
Fed rate hikes may be needed in the coming months, Chair Kevin Warsh said Friday, warning that inflation remains too...
Federal Reserve Speech Keeps Wall Street in Holding Pattern
A pivotal Federal Reserve speech kept Wall Street in a holding pattern Friday, as traders counted down to remarks by...
US National Debt Grows, Investors Demand Higher Yields
US national debt is climbing toward a record $40 trillion, and investors are demanding higher compensation to keep lending to...
Global Bond Markets Warn Governments Over Fiscal Risks
Global bond markets put governments on notice Tuesday, as long-term borrowing costs from the United States to Germany and Japan...
Treasury Yields Rise Amid Iran Worries, Broader Selloff
Treasury yields climbed for a third straight session on Tuesday, as anxiety over the U.S.-Iran conflict and inflation converged with...
Wall Street Mixed as Oil Settles and Markets Await Inflation Data
US stock futures were subdued in early Tuesday trading as investors weighed cautious optimism about a potential deal to reopen...
Hormuz Shipping Stays Minimal as Peace Talks Raise Cautious Hopes
Shipping traffic through the Strait of Hormuz remained at a fraction of prewar levels on Tuesday, data from maritime intelligence...
S&P 500 and Dow Hit Records as Oil Falls on Hormuz Deal Hopes
Wall Street surged to its best day in months Tuesday, with the S&P 500 and Dow Jones Industrial Average both...
Amazon Raises AI Spending to $220B After AWS Posts Fastest Growth Since 2021
Amazon delivered a blowout second-quarter earnings report Thursday, beating Wall Street expectations on revenue and profit while announcing it would...