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US Treasury bond yields ease from highs after data as Iran war escalation fans inflation concernsU.S. Treasury yields retreated from earlier highs on Tuesday after economic data emerged. The manufacturing PMI fell to 54.6 in August, whi...
US job openings rise in July after sharp downward revision in prior monthIn July, US job openings saw an upswing, primarily thanks to advancements in the manufacturing sector. However, various industries experien...
Global Market Today: Asian bonds fall as geopolitical risks lift oil, yieldsBrent crude extended gains in early Asian trading to over $91 a barrel after renewed fighting in the Middle East. The US and Iran exchanged...
What we know about Trump's deal giving US access to vast oil reserves in VenezuelaThe United States and Venezuela have announced a significant oil deal. This agreement grants America a stake in Venezuela's vast oil reserv...
America In Focus: Key inflation gauge remains high; Fed's Warsh signals rate hikes may be neededKey inflation gauges remained elevated last month, showing persistent cost pressures for Americans. Federal Reserve Chair Kevin Warsh signa...
Wall Street Week Ahead: Jobs report, Broadcom results pose next hurdles for stock market rallyIn the coming week, the U.S. jobs data will be a focal point for investors, potentially impacting the Federal Reserve's interest rate strat...
Investors heartened by Warsh inflation talk, still uncertain about Fed actionFederal Reserve Chair Kevin Warsh made it clear that inflation control is a top priority. He suggested that to combat escalating price pres...
U.S. added 79,000 fewer jobs in 12 months through March, BLS saysGovernment data indicates fewer jobs were created over the past year. This revision follows a surprise employment drop reported in July. Jo...
US Stock Market: Warsh Jackson Hole speech puts Fed policy communication under scrutinyFederal Reserve Chair Kevin Warsh’s Jackson Hole speech is in focus as investors seek clues on U.S. interest rates, inflation and bond-mark...
Gold treads water ahead of Fed Warsh's Jackson Hole speechIn early Asian trading on Friday, gold prices slipped slightly as markets geared up for an anticipated address by Federal Reserve Chair Kev...
The number of Americans applying for jobless aid slips to 203,000 as layoffs remain lowJobless claims in the United States have fallen to historic lows. Layoffs are rare, and most Americans currently enjoy job security. The ec...
Global Market | Shein set to raise $1.7 billion in Hong Kong IPO at $26.5 billion valuation: ReportsShein is expected to price its Hong Kong IPO near HK$48.56 per share, raising about $1.7 billion at a $26.5 billion valuation. The listing ...
50,000 Volkswagen jobs could be at risk — and thousands of angry workers are pushing back against the CEO's planVolkswagen employees express significant concerns over proposed job reductions and factory shutdowns as CEO Oliver Blume unveils restructur...
Canada rejected US tariff deal. Now comes the economic costCanada faces economic fallout after trade talks with the US collapsed and Washington imposed 50% tariffs on hundreds of Canadian products. ...
Workers in China worry over being replaced as they adapt to the growing impact of AI on jobsRapid adoption of AI in many fields, from computer programmers to script writing and physical tasks, is pushing people out of their jobs or...
US stocks: US market sinks as bond yields rise, Walmart results disappointThe S&P 500 consumer discretionary sector was one of the biggest drags on the benchmark index, with megacaps including Amazon and Tesla amo...
US stocks: US market falls as bond yields rebound; Walmart slides on sales missMajor US stock indexes opened lower on Thursday. Rising government bond yields hurt investor sentiment significantly. Retail giant Walmart ...
US unemployment claims dropped to 206,000 last week with layoffs still sparseUS weekly jobless claims fell to 206,000 last week from a revised 212,000, signalling that layoffs remain historically low despite higher e...
US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims riseInflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and...
US unemployment claims rise but remain at healthy levelUS jobless claims saw a slight increase last week, yet layoffs remain historically low. Current workers enjoy unusual job security as the l...