Asian Equities Mostly Rise
Asian equities mostly rose while bond yields eased, as diminished expectations for Federal Reserve rate hikes in the near term boosted risk appetite and paused the climb in U.S. Treasury yields.
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U.S. Treasury Yields Fall on Dovish-Leaning Fed Speech
Treasury yields retreated from multiyear highs in Asian trade on Wednesday after Federal Reserve speeches lowered market expectations of interest-rate hikes.
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Wall Street's Hopes for a Blockbuster IPO Season Are Fading
Market choppiness and AI safety fears are spooking investors and throwing into disarray what was expected to be a string of major IPOs this fall.
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China PMIs Signal Economic Improvement Across Sectors
The Chinese economy showed signs of improvement in September, with official and private gauges of factory, services and construction activity all picking up.
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Trump Defends Light-Touch AI Strategy After Industry Sounds Alarms
The president says industry "self regulation" and existing authorities including the Justice Department will keep artificial-intelligence tools safe.
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Fed's Williams Hints Next Rate Increase Can Wait
The remarks could reset expectations for the central bank's next move at a meeting four weeks away.
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Robinhood's Next Big Bet: AI Bots That Trade While You Sleep
The brokerage's app made it easy to trade stocks on a smartphone. Now Robinhood sees AI agents in individual investors' future.
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AI Will Create 4 Times as Many Jobs as It Destroys, New Research Shows
McKinsey Global Institute estimates 11 million American workers will need to find different jobs in the next decade, but another 41 million jobs will be added.
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U.S. Consumer Confidence Fell in September Amid Elevated Oil Prices, Inflation Worries, Conference Board Says
The research group said its consumer confidence index fell by 6.7 points to 81.9 following two prior months of softening.
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HANetf Launches First Euro-Hedged Bitcoin Fund
While Bitcoin is a digital currency, it is typically priced in U.S. dollars, raising risk for investors seeking to diversify away from the greenback.
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U.S. Home Price Growth Increases Again
The S&P Cotality Case-Shiller National Home Price Index, which measures home prices across the country, rose 1.9% in the 12 months through July, compared with a 1.6% increase in June.
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Canada GDP Indicates Recovery After Stalling in July
Gross domestic product was unchanged from the month before in July, snapping three straight months of expansion that included upwardly revised growth of 0.4% in June.
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China Offers Subsidies on Some Residential Mortgages
China will offer subsidies on interest costs for eligible first-home mortgages as Beijing attempts to revive home sales and turn around the years-long slump in the property sector.