Inflation
Federal Reserve Signals Interest Rate Hikes Unless Inflation Improves
Federal Reserve minutes reveal central bank officials may need to raise interest rates further unless inflation shows sustained improvement, driven by ongoing energy uncertainties.
Bond markets from US to Japan whacked as inflation and fiscal worries take hold
Long-term sovereign debt yields surged globally from the US to Japan and Europe, driven by mounting inflation pressures and ballooning government deficits.
US 30-year Treasury yields hit highest level since 2007 on bond selloff
US 30-year Treasury yields climbed to 5.29% amid mounting national debt concerns, heavy bond supplies, and surging corporate borrowing to fund the artificial intelligence boom.
Advanced economies' bond yields surge amid Middle East tensions
Long-term government borrowing costs across major advanced economies surged to levels unseen since the 2008 financial crisis, driven by geopolitical tensions and inflation fears.
US retail sales drop 0.6% in July amid cooling consumer spending momentum
US retail and food services sales fell 0.6% in July to $763.6 billion as households directed more income toward essentials, cooling from spring highs.
S&P 500 notches record-high close as rate-hike worries ease
Wall Street reached a milestone as the S&P 500 notched a record-high close, fueled by heavyweight tech stocks and easing inflation concerns.
CoreWeave and Super Micro drive US stock rally on soft inflation
Wall Street pushed higher as soft July inflation data eased Federal Reserve rate-hike fears, while soaring AI shares like CoreWeave and Super Micro fueled a tech-led market rally.
Wall Street nears record as AI stocks surge and inflation cools
The S&P 500 rose 0.3% toward an all-time high as strong AI-related earnings and a modest slowdown in consumer-price growth boosted the market.
Wall Street targets record high as AI stock surge and cooling inflation lift markets
Wall Street tracks toward a record high as surging artificial intelligence stocks and easing consumer price data reinvigorate investor sentiment.
US stock futures edge higher ahead of July CPI, rate hike
S&P 500 futures climbed ahead of the opening bell as investors await the July consumer price index report to gauge the Federal Reserve's next rate decision.
US Stocks Fall as Hopes for Strait of Hormuz Reopening Are Dashed Again
U.S. stocks dropped after Iran refused to reopen the Strait of Hormuz, dashing hopes for a diplomatic breakthrough and causing oil prices to spike.
Andy Burnham launches nationwide cost-of-living tour to shape ten-year plan
Prime Minister Andy Burnham has embarked on a nationwide listening tour to gather public feedback on everyday expenses and inform a new ten-year strategy.
Andy Burnham launches UK tour to hear public cost-of-living concerns
Prime Minister Andy Burnham is launching a national tour across Britain to ask voters directly how the government can improve their lives amidst cost-of-living concerns.
Wall Street rises as falling oil prices ease inflation worries
Wall Street rallied sharply at the start of the week, driven by a drop in crude oil prices that helped ease investor worries over accelerating inflation.
Fed Chair Kevin Warsh mulls cutting Fed meeting frequency
Federal Reserve Chair Kevin Warsh is considering reducing the frequency of central bank meetings as part of a broader internal overhaul, sparking uncertainty in Treasury markets.
Bank of England holds interest rates at 3.75 percent amid Iran war risks
The Bank of England has kept its benchmark interest rate frozen at 3.75 per cent, marking the fifth consecutive meeting borrowing costs remained unchanged.
Bank of England holds rates at 3.75% as split vote signals hawkish tilt
The Bank of England kept interest rates at 3.75% following a tighter 6-3 vote, as policymakers warn that ongoing energy price volatility could keep inflation elevated.
Federal Reserve holds interest rates steady in split 9-3 vote
The Federal Reserve extended its policy pause, keeping interest rates steady in a rare split 9-3 vote amid persistent inflation and rising energy costs.
Middle East tensions push oil above $100, stoking inflation fears
Brent crude has breached the $100-a-barrel threshold as US-Iran conflicts and Red Sea shipping disruptions strain global petroleum supplies.
Oil prices climb 3 percent as market reaction to Iran war persists
Brent crude oil prices have reached $94.07 as military conflict in the Strait of Hormuz disrupts global energy transit. This escalation threatens shipping routes and contributes to rising inflationary pressures.