CNBC
Analysis: Higher Treasury yields deliver a reality check on a hot, inflation-prone economy
Elevated Treasury yields will complicate both Federal Reserve policy and Treasury financing....
New York sues Polymarket U.S., two months after filing lawsuit against Kalshi
State attorney general Letitia James claims Polymarket has violated the state's gambling laws....
Student loan borrowers sue Trump administration over forgiven debts on credit reports
Student loan holders sued the Education Department on Thursday, claiming they suffered financial damages despite getting...
MGM Resorts shares sink 9% after Barry Diller's People Inc. rescinds takeover offer
Barry Diller's People Inc. has rescinded its offer to buy the remaining public shares of MGM Resorts....
Darden Restaurants stock falls as Olive Garden reports slower growth
Olive Garden's same-store sales growth has slowed in recent quarters....
Oracle shares drop on report it sent 'force majeure' notice about data center project
Oracle is looking to delay payment on Project Jupiter, if it fails to come online as expected in 2028...
Starbucks to shutter about 250 stores in latest round of cafe closures
Starbucks will close about 1% of its North American cafes in the latest stage of its turnaround....
Trump, Xi expected to talk Taiwan, AI, trade and Iran as DC summit kicks off
Trump greeted China's Xi at Joint Base Andrews, his first time traveling to the facility to welcome a foreign leader....
China confirms first AI talks with U.S. have taken place, hints at trade truce extension
Chinese confirmation of the AI discussions came just hours before President Xi Jinping was scheduled to begin talks with...
New York Fed’s Williams says it's 'reasonable' to expect another rate hike by year-end
John Williams was speaking at the London Macro Policy Forum on Thursday....
Global debt tops $365 trillion as economists sound alarm over 'vicious cycle'
More is being paid out by advanced economies in debt interest than the whole world spends on AI, defense or clean techno...
Switzerland is keeping rates at 0% — for now
The Swiss National Bank held rates at 0% as low inflation and a strong franc enable it to diverge from other central ban...
Treasury yields continue to rise after 10-year hit 19-year high as investors ramp-up rate hike bets
U.S. Treasury yields continued their upward momentum after hitting a 19-year high on Wednesday....
Tehran criticizes Canada for not condemning Trump's threat to destroy Iran
Baqaei said that Carney chose to appease Washington by reframing a threat to "annihilate" Iran as merely "speaking the l...
Judge lifts Trump ban on CNN, MS NOW, Politico from White House
District Judge Tim Kelly said the three outlets should have their access immediately restored from the ban that the pres...
France faces a fresh budget battle that threatens to topple another government as debt costs spiral
Time is not on the side of French government bonds, strategists have warned, as the nation's deficit balloons....
Japan's 10-year bond yield hits 30-year high following sell-off in Treasurys
Japanese 10-year government bond yield rose to a 30-year high on Thursday, following a surge in Treasury yields....
Oil falls on report Asia will import highest volume of crude since start of Iran war
Oil fell Thursday, as traders assess a report that Asia is on track to import its highest volume of crude oil since the ...
Chinese authorities reportedly in possession of F-35 components in Hong Kong
Shipping giant UPS was sending a cockpit canopy and weapons bay door to the U.S. from Australia in late May when it was ...
Mark Zuckerberg debuts $1,299 Meta VR Glasses and Muse Charm pendant amid AI agent push
Meta CEO Mark Zuckerberg reveals $1,299 Meta VR Glasses and Muse Charm gadget for AI agents....
U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit
The deal, which was set to expire in November, will now be extended to Jan. 10, Bessent said, noting the need for Beijin...
Meta's standoff with Amazon over Muse could be a sign of things to come
Meta's new Muse AI personal agent is garnering excitement and shows signs of becoming a hit, but Amazon has blocked the ...
Judge hears arguments on Trump White House media ban, hopes to rule 'soon'
The DOJ on Tuesday night cited national security concerns in justifying President Trump's ban of MS NOW, CNN and Politic...
As Trump and Xi meet, Chinese automakers could be a Pandora's box for U.S. auto industry
Trump’s meeting with Xi comes as U.S. automakers and lawmakers push to keep restrictions on Chinese vehicles and manufac...
Oil industry warns a diesel export ban will raise fuel prices as Trump weighs restrictions
A diesel export ban would provide only brief relief before prices start to rise again as refiners cut production, expert...
Tesla Roadster reveal is creating a unique options opportunity, says Mike Khouw
Teslas are expensive cars, and the Roadster, which the company will reveal on October 1st, will likely be the its most e...
McDonald's CEO expects high inflation, fewer diner visits are here to stay
McDonald's CEO Chris Kempczinski said that he expects that high inflation and flat traffic will continue to weigh on the...
Trump faces Xi as strains with allies complicate U.S. pressure on China
As Trump prepares to meet Xi, strains with U.S. allies are complicating Washington’s efforts to marshal pressure against...
Meta's Muse reignites AI disruption fears. Traders are targeting this brokerage stock as next casualty
Meta's latest consumer AI product is sending such big shockwaves through the market that it's even inflaming a long-time...
Bond market losses may offer a sizable tax savings opportunity to investors right now
Don’t wait until December: The bond market selloff has opened a tax-loss harvesting opportunity for investors to offset ...
10-year Treasury yield leaps to fresh 19-year high after hot economic readings
Treasury yields traded higher on Wednesday as new services and manufacturing sector data increased worry of further Fede...
Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale
Toms, which manages just over $4 billion in assets, says in the letter it is now one of Devon's top five shareholders....
Trump-Xi meeting: Why China's self-sufficiency changes the calculus
Persistent growth of Chinese exports to the U.S. is helping the world's second-largest economy ride out ongoing domestic...
Iran says Trump’s threats a sign of ‘strategic desperation,’ floats conditions for Hormuz reopening
Tehran's proposal could pave the way for restoring traffic through the Strait of Hormuz, reviving fragile hopes for a di...
Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%
As mortgage rates rise, borrowers are seeking savings in riskier, adjustable-rate mortgages that offer lower rates....
Texas turning blue may hinge on Democrats harnessing data center opposition
Data center opposition is reshaping Texas' 2026 governor and Senate races as voters raise concerns over power, water and...
South Korea pushes for Trump summit with renegade North Korea, seeing opportunity for peace
South Korea pushes for Trump summit with renegade North Korea, seeing opportunity for peace...
AI is killing the grunt work, forcing companies to rethink entry-level hiring
AI is becoming increasingly adept at tasks usually given to junior employees. Some fear the impact it might have on entr...
Zelenskyy says Ukraine ready for ‘energy ceasefire’, calls for trilateral meeting with Putin, Trump
Zelenskyy said Ukraine is ready for an “energy ceasefire” with Russia, provided Moscow stops attacks on critical infrast...
Trump-Xi summit puts AI safety talks on the table but neither side wants to slow down
Recent weeks have seen AI safety fears reach new heights. That will be a key focus for the U.S. and Chinese premiers, an...
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