Israel-Hamas war risks further deglobalization and inflation
The global economy is facing tremendous uncertainty from the war between Hamas and Israel in the Middle East, on top of the ongoing war between Russia and Ukraine. Those conflicts don't just threaten the regions where they're unfolding; they may also fray the weakening interconnectedness that remains among the world's largest economies.
2023-10-15 20:29
Investors zero in on health of consumer with retail sales, earnings
By Lewis Krauskopf NEW YORK Investors in the coming week will get a look at the state of
2023-10-14 02:53
The Fed is at odds with itself. That's a feature, not a bug
The Federal Reserve has a complicated decision to make during its next policy meeting, which is only a few weeks away.
2023-10-08 19:25
Key takeaways from Sam Bankman-Fried's first week in court
Sam Bankman-Fried's fraud trial began just four days ago, and already jurors have heard testimony from one of his closest business partners who said, in essence, "we did the crimes, and we did them at SBF's direction."
2023-10-07 04:46
Codelco says reassessing costs of projects to upgrade mines
By Pratima Desai and Julian Luk LONDON Chile's Codelco, the world's largest copper producer, is reassessing the costs
2023-10-07 00:55
Surging Treasury yields upend stock market's "bond proxies"
By Lewis Krauskopf NEW YORK Soaring Treasury yields have stunned the U.S. equity market in recent weeks, with
2023-10-07 00:46
Cryptoverse: 'It's a knife fight' as traders get tokenized
By Medha Singh and Lisa Pauline Mattackal Bitcoin? It's a bit old hat, say a cohort of crypto
2023-10-03 13:26
Has China's economy bottomed out? Factory output and 'Golden Week' travel offer glimmers of hope
A return to growth in China's manufacturing sector and a boom in travel during the annual "Golden Week" holiday is fueling hopes that the economy could be regaining momentum after a major slowdown this year.
2023-10-02 17:54
Americans support strikes — until they affect their daily lives
Organized labor in the United States is having a moment. From the automobile industry to Hollywood, US workers have gone on strike at rates not seen in years and even more could walk off the job to demand better contracts.
2023-10-01 19:18
US stock market’s powerhouses tested by soaring bond yields
By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK Surging bond yields are rattling U.S. stocks, and some
2023-09-30 06:15
Defeating inflation without higher unemployment is still unlikely
US inflation is now much slower than last summer's red-hot pace, but it's not guaranteed it will drift all the way down to the Federal Reserve's 2% target without a sharp rise in unemployment. That possibility remains unlikely.
2023-09-24 19:22
Fed-wary investors eye mounting risks to US stock rally
By David Randall NEW YORK A hawkish stance from the Federal Reserve, soaring Treasury yields and a looming
2023-09-23 04:53