U.S. Stocks Rise After Bond Market Flips In Choppy Trading
U.S. stocks ended a volatile trading session slightly higher after Treasury yields retreated from multiyear highs and expectations for another rate hike this month subsided.
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Another Fed Official Suggests Next Rate Increase Can Wait
Vice Chair Jefferson echoes another central bank official who cast doubt on an October hike.
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Mortgage Rates Surge, Notching Largest Weekly Gain in Four Years
The rise to 7.28% follows the bond-market rout and deals another blow to a limping housing market.
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Oil Climbs as U.S. Sends Another Aircraft Carrier to Middle East
Oil prices extended gains after The Wall Street Journal reported that the Pentagon has deployed a third aircraft carrier to the Middle East, adding as many as 10,000 American troops to the region.
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U.S. Jobless Claims Fall for the Fourth Straight Week
The number of people who filed for unemployment benefits was 197,000, which was 1,000 lower than the revised 198,000 reported a week earlier, while economists expected to see the figure tick up to 200,000.
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Canada Manufacturing Grows More Modestly in September
Canadian manufacturing activity softened again last month, with the industry continuing to notch a lift in production in the face of a fall in new orders and a spike in cost inflation, data showed.
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Global Dealmaking Cools in Third Quarter
EXCLUSIVE: Fragile artificial-intelligence sentiment and higher borrowing costs helped dampen merger-and-acquisition activity in the third quarter, but giant AI deals mean 2026 is still on track to be the second-highest-volume year for global M&A ever, according to Mergermarket data.
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Eurozone Labor Market Continues to Defy Mounting Economic Headwinds
Unemployment stayed at 6.4% in August, even with higher interest rates and an energy crunch driven by war in the Middle East.
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France Is Ground Zero in the Global Bond Rout
The French government aims to cut tens of billions of euros in spending next year as it seeks to calm investor worries.
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AI Boom Keeps Asian Factory Activity Humming Despite Cost Pressures
Gauges of factory activity in Asia continued to signal expansion at the end of third quarter, as the artificial-intelligence boom offset cost pressures and supply disruptions.
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AI Boom Powers South Korea's September Exports Past $120 Billion
Exports from Asia's fourth-largest economy, home to memory-chip makers Samsung Electronics and SK Hynix, rose 83.5% from a year earlier to $120.94 billion in September.
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Fed's Kashkari Says Inflation Still Too High, Latest Data Didn't Change View
Kashkari said the bigger surprise in the latest batch of inflation data was the revisions to gross domestic product growth that suggested a resilient economy and consumer.