Finance·7,599 stories
Finance News — Page 68
S&P 500 Falls as Yields Rise, Oil Tops $100 on Iran War
Wall Street stocks extended losses as rising Treasury yields and inflation worries pressured equities, while U.S. crude oil surged back above $100 a barrel on fears of a prolonged Iran war.
Treasury's $6B Buyback Fails to Calm Bond Rout
The U.S. Treasury's decision to triple its long-dated bond buyback to $6 billion failed to reassure investors, pushing the 10-year yield to its highest since November 2023 and reinforcing concerns abo
AI is losing its stranglehold on the U.S. stock market. Here's why
The summer's tech-volatility-vs-broad-market divergence is reversing, with the 10-year Treasury yield nearing 5% and oil back above $100 shifting the market's primary driver from AI optimism to macroe
The likelihood of a Fed interest rate hike next week just got a lot higher
Traders pushed Fed rate hike odds to 70% for next week's meeting after August wholesale prices came in firm and crude oil surged past $100 a barrel on Middle East hostilities, with the ECB also hiking
Bitcoin drops 2% as hot PPI lifts 30-year yield to 19-year high
Bitcoin dropped about 2% after a hotter-than-expected US PPI print pushed the 30-year Treasury yield to its highest since June 2007 and lifted the odds of a September Fed rate hike to nearly 70%.
Hopkins Cast As Collective's Architect In '2048'
Two-time Oscar winner Anthony Hopkins is set to play Bryant, the ruthless architect of an authoritarian regime, in Timothy Woodward Jr.'s post-apocalyptic sci-fi film '2048,' launching worldwide sales
Beyond Bonds: Where Investors Find Income as Rates Rise
With traditional bond returns pressured by rising rates and inflation, wealth advisors are steering clients toward alternative income sources spanning insurance-linked securities, dividend-paying equi
Oil Surges Past $100 as Trump Rules Out Iran Deal
U.S. crude oil broke above $100 a barrel and Brent topped $107 for the first time since May after President Trump said he is not seeking a deal with Iran and expects prices to stay elevated until afte
Treasury Yields Climb as Fed Rate Hike Odds Hit 62%
Treasury yields climbed and stocks slid for a fourth straight day as investors priced in a 62% chance of a Fed rate hike ahead of next week's meeting, with Brent crude topping $105 amid Iran-US tensio
Wholesale inflation stirred up by Iran war and high oil prices. What does it mean for the Fed?
U.S. wholesale prices jumped 0.4% in August on higher gasoline costs tied to the Iran war, the first of two inflation reports the Federal Reserve will weigh before deciding whether to raise interest r
Oil Deal Spend Hits Two-Year High Amid Seller's Market
Ultra-high-net-worth investors and family offices are ramping up oil and gas investments driven by Iran war pressures and AI demand, but competition has created a seller's market with bargains hard to
Nasdaq invests $100 million in Kraken parent, eyeing 2027 launch of 'tokenized' stock trading
Nasdaq's venture arm is investing $100 million in Payward, the parent of crypto exchange Kraken, at a $21 billion valuation, deepening a partnership to launch tokenized equities trading by Q2 2027.
Macy's Beats Q2 Estimates, Raises 2026 Outlook
Macy's posted a second consecutive quarter of raised full-year guidance after Q2 same-store sales jumped 2.7% and adjusted EPS beat estimates by 70%, helped by $116 million in IEEPA tariff refunds.
Treasury's $6B bond buyback fails to curb rising yields
The Treasury Department's expanded bond buyback program failed to lower long-term interest rates, as markets reacted by pushing yields higher instead.
Bessent's Big Yen Talk Meets a Bond Market He Can't Move
Treasury Secretary Scott Bessent publicly dared traders to bet against his yen interventions while his separate push to lower U.S. interest rates has failed, as long-term yields climb globally — likel
Macy's Beats Q2, Raises Guidance — Stock Falls Anyway
Macy's posted better-than-expected fiscal Q2 results, with Bloomingdale's driving an 11.3% comparable sales jump, and raised full-year guidance — but shares fell slightly despite the beat.
Gold Holds Steady Despite ECB's 25bp Rate Hike
Gold prices dipped Thursday but held relatively firm as the European Central Bank raised its three key interest rates by 25 basis points, citing persistent inflation pressures from the Middle East con
10-Year Yield Hits 4.908% as Oil Tops $100
Treasury yields climbed to multiyear highs Thursday as U.S. oil prices crossed $100 a barrel on fears of a prolonged U.S.-Iran conflict, overshadowing an in-line wholesale inflation report.
ECB Hikes Rates to 2.5%, Dollar Gains as Euro Slips
The European Central Bank raised its key interest rate to 2.5% to fight inflation, sending the dollar higher and the euro lower as policymakers flagged risks of both higher prices and weaker growth.
India debt funds swing to ₹8,127 cr outflow in August
Indian debt mutual funds swung from a record ₹1,87,511 crore net inflow in July to an ₹8,127 crore net outflow in August per AMFI data, with overnight funds alone shedding ₹30,654 crore.
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.