Stock Market News
The selloff in U.S. Treasurys has captured global attention, but bond markets overseas have been getting hit even harder. Here's a breakdown of the forces fueling the overseas rout.
Countries with large debt burdens—France, Italy, the U.K., Japan—have come under the heaviest pressure in recent months.
The $2 Billion Brawl Over a Ruinous Wood-Pellet Trade
Creditors say Enviva's former C-suite blew up the once-highflying green-energy company by chasing bonus targets.
Mark Zuckerberg Wants to Make Sure YouTube and TikTok Share His Pain
Meta, the social media giant, agreed to change the way children interact with its apps. That could be trouble if its competitors don't abide by the same rules.
Prediction Markets and States Clashed, Setting Off a Furious Political Battle
A legal dispute over the future of Kalshi, Polymarket and others has drawn in the Trump administration, the president's son and nearly every state attorney general.
Bank Lending to Eurozone Businesses Fell Again in July
Rising borrowing costs might be weakening the bloc's economy ahead of another expected rate rise.
Treasury yields ease ahead of jobs data and Jackson Hole
Treasury yields were slightly lower as investors gear up for an initial jobless claims print and a highly-anticipated speech from Fed Chair Kevin Warsh.
Dan Niles: AI is ‘100%' in a bubble but don't expect it to pop yet
Niles Investment Management founder Dan Niles says AI is “100%” a bubble but sees little risk of it bursting for at least another year. He remains constructive on Nvidia's risk-reward, while cautionin...
OPEC+ loses oil market sway in Iran war as China gains influence
Six months into the Iran war, the world's most powerful oil alliance, OPEC+, finds itself in an unfamiliar position: unable to influence a market it once helped shape.
Philippine Central Bank Raises Rates for Third Straight Meeting
Bangko Sentral ng Pilipinas raised its benchmark overnight reverse repurchase rate to 5.00% from 4.75%.
Iliad's half-year core profit rises 2% on Italy strength
French telecom operator Iliad posted a 2.2% rise in its half-year core profit on Thursday, buoyed by strong performance in Italy.
Six months of war: How the Middle East conflict has shaped financial markets
Friday marks six months since the U.S. and Israeli bombing of Iran triggered a conflict that has disrupted global energy supplies and sent ripples through global financial markets.
Stock Futures Rise after Nvidia’s Strong Results
U.S. stock futures rose ahead of Thursday’s session after chip giant Nvidia’s ($NVDA) strong quarterly results and upbeat guidance eased concerns about AI spending. Salesforce ($CRM), CrowdStrike ($CR...
AI Startup DeepSeek Poised to Reach $74 Billion Valuation
The Hangzhou-based company is seeking to raise funding to bankroll research and development, and its expansion into computing infrastructure.
Bessent, Warsh diverge on who should set the price of money
Treasury Secretary Scott Bessent and Federal Reserve Chairman Kevin Warsh appear at odds over a question at the heart of U.S. financial policy. How hands-off can policymakers be when it comes to sett...
Forget the VIX—Bond Yields Are the Market's New Fear Index
The myriad issues facing the economy aren't being reflected in traditional risk gauges. But you can't fool the bond market.
Tanker attack tests Trump's claim that Hormuz is a 'functioning strait'
An oil tanker on Tuesday caught fire after being struck by an unidentified projectile in the Strait of Hormuz: UKMTO. U.S. allies reportedly challenged Trump's claims that Iran's mines in the strait h...
INFLATION RUNS HOT: What it means for the Fed's next rate move
FOX Business contributor Lou Basenese and Heritage Foundation chief economist EJ Antoni analyze the PCE inflation report showing a 3.7% annual rise and debate how the data could impact the Federal Res...
Nikkei Rises 0.7%, Led by Chip Stocks
Japanese stocks rose after Nvidia's strong quarterly results alleviated concerns about the sustainability of AI-related spending.
Fed's Lisa Cook denies committing mortgage fraud, says Trump has no grounds to remove her from office
Federal Reserve governor Lisa Cook on Wednesday denied White House allegations that she had committed mortgage fraud and said there were no grounds for President Donald Trump to oust her from her posi...
MARKET MOVER: Quantitative intelligence's impact on the market
Robinhood Markets CIO Stephanie Guild discusses quantitative intelligence's potential effects on the market and rising pressure on long-term bonds on ‘Making Money.'
U.S. Stock Futures Rise After Solid Results from Nvidia, Salesforce, and Okta
U.S. stock futures rose on Wednesday evening as investors digested fresh tech earnings from Nvidia ($NVDA), Salesforce ($CRM), and Okta ($OKTA). Futures on the Dow Jones Industrial Average ($DJIA), th...
Investors Brace for Less-Than-Perfect Nvidia Results, Pull Stocks Lower
The major stock indexes edge lower on Wednesday in light trading.
U.S. Stocks Tick Down as Traders Weigh Inflation Data
U.S. stocks ticked down after surprisingly heated inflation data as traders kept their powder dry ahead of earnings from artificial-intelligence bellwether Nvidia after the bell.
Stock Market Today: SPY, QQQ as PCE Inflation Comes in Hot; Nvidia Blasts Past Earnings Estimates
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed slightly higher on Wednesday. SPY finished with a 0.02% gain, while QQQ rose 0.08%. News That Moved…
Here's what's at stake for Wall Street in the upcoming midterm elections
With election day ten weeks away, the stock market is beginning to care about the midterms. Wall Street is preparing for a range of scenarios, from the possibility of contested or delayed election res...
Trump signs order banning some foreign equipment from US energy grid
President Donald Trump signed an executive order on Wednesday banning the use of some foreign equipment in the U.S. electricity grid, the White House said.
S&P 500 Top Stock Gainers Today, 8/26/26
The S&P 500 (SPX) finished with a 0.02% loss on Wednesday as investors reacted to a higher-than-expected Personal Consumption Expenditures (PCE) print. Let’s break down the sectors behind the performa...
Hormuz Traffic Teeters as Iran-Oman Agree to Revenue-Sharing Framework
Traffic through the Strait of Hormuz fell to just five vessels on Tuesday, well below the 10-day average of 15, according to data analytics firm Kpler. The decline comes amid…
The U.S. economy is better than it looks — but it might be due for a slowdown
Don't pay much attention to a seemingly soft 1.5% annual rate of growth for the U.S. economy in the spring. The economy did all right — and it's still growing at a stable pace. The latest update to U....
Economists want Warsh to share more on his view of the economy at Jackson Hole, says CNBC survey
Eighty percent of CNBC Fed Survey respondents say the Federal Reserve Chairman Warsh should provide more insight into his economic views. Warsh is scheduled to deliver his first keynote speech at the ...
The ugly math on interest expenses, yields and the $40 trillion U.S. national debt
“The interest payments are starting to snowball,” said Joe Boyle at Hartford Funds.
Dow Jones Today: DJIA Slips on Elevated PCE Inflation Data as Treasury Yields Climb
The Dow Jones (DJIA) is down 0.34% on Wednesday following an unexpected inflation print that sent Treasury yields higher. In July, the Personal Consumption Expenditures (PCE) index climbed 0.2%, above...
Beneath the Headlines: An Economy in Transition, Not in Trouble
Key Takeaways The July jobs report headline (-23,000 payrolls and a combined -103,000 in prior-month revisions) glances over a more nuanced picture: layoffs remain historically low and job openings re...
Why Is the Stock Market Down Today, 8/26/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are in the red on Wednesday. The S&P 500 is down 0.1%, while the tech-heavy Nasdaq 100 is facing a…
The bull market in our view is very much intact, says Truist Wealth's Keith Lerner
Keith Lerner, Truist Wealth CIO and chief market strategist, joins 'Squawk on the Street' to discuss the latest market action.
Why Are Gold and Silver Down Today, 8/26/26?
Both gold (XAUUSD) and silver (XAGUSD) are trending lower on Wednesday after a hotter-than-expected inflation update caused rate hike odds to rise. The Personal Consumption Expenditures (PCE) index ro...
S&P 500 Flat as U.S. GDP Falls Short of Forecasts
The S&P 500 (SPX) is close to unchanged on Wednesday after the Bureau of Economic Analysis’ latest gross domestic product (GDP) estimate came in weaker than expected. The U.S. economy grew…
Dow holds steady at open after inflation tops expectations as Nvidia results loom
The S&P 500 was little changed Wednesday after the latest inflation data showed price pressures remain elevated. The broad-market index rose 0.1%, while the Nasdaq Composite traded around the flatline...
Nasdaq, S&P 500 and Dow Brace for Jackson Hole Signals
Nasdaq 100, S&P 500 and Dow Jones trade cautiously ahead of Nvidia earnings and Jackson Hole, with Fed policy signals set to shape the market outlook.
The Strait of Hormuz is just one of many choke points being squeezed right now, says Jeff Currie
Jeff Currie, Real Macro CEO, joins 'Squawk Box' to discuss the latest oil price trends, ongoing choke points for fuel products, impact on the Fed's interest rate decision, and more.
Dow Jones Steady on Unexpected PCE Inflation Print
The Dow Jones (DJIA) opened Wednesday up 0.02% following a hotter-than-expected inflation update. The Personal Consumption Expenditures (PCE) index rose 0.2% in July, above the estimate of 0.1% and up...
Fed's Preferred Inflation Meter Unchanged In July—Here's Why Interest Rates Hikes Are Now More Likely
The Federal Reserve's favored inflation reading was unchanged in July, according to federal data reported Wednesday, as central bank officials have signaled interest rate hikes unless they see improve...
U.S. 2Q GDP Growth Unchanged at 1.5% in Second Estimate
The U.S. economy grew at a 1.5% annualized rate in the second quarter of 2026, the Commerce Department said in an updated estimate.
10-year Treasury yield is flat after PCE inflation report is mostly as expected
Treasury yields were broadly flat on Wednesday, as investors assessed the publication of the Federal Reserve's preferred inflation metric.
Dollar and bond markets 'on edge' ahead of Jackson Hole as Bessent's market intervention piles pressure on Warsh
Global economic leaders and experts will gather in Jackson Hole, Wyoming, this week for the Federal Reserve Bank of Kansas City's annual economic policy symposium. Bank of America labeled the conferen...
Consumer spending posts smallest increase in 14 months. Is the economy getting weaker?
Consumer spending rose in July at the slowest pace in seven months, suggesting the U.S. economy lost a little steam after the end of the 2026 Word Cup and start of the third quarter.
Fed's Preferred Inflation Gauge Remains Above Target Range
The personal-consumption expenditures price index rose by 0.2% in July, from a decrease of 0.1% in June. Excluding the volatile good and energy categories, core PCE rose by 0.2%.
U.S. Durable-Goods Orders Rose More than Expected in July
Total orders for durable goods—which comprise goods meant to last three years or more—increased in July by 1.1% to $339.3 billion, compared with a 0.5% increase in June.
Futures Trade Mixed as Investors Assess July PCE, Await Nvidia’s Q2 Earnings
U.S. stock futures were mixed on Wednesday morning as investors reacted to the latest inflation data and awaited Nvidia’s ($NVDA) fiscal second-quarter earnings. Futures on the Nasdaq 100 (NDX) and th...
Fed's favored inflation gauge rose more than expected in July
The Fed's favored inflation gauge remained well above the central bank's 2% target in July after the Commerce Department released the PCE inflation report.
U.S. inflation rises in July and stays well above Fed's target
The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose at a slightly elevated rate in July, leaving it an open question as to whether the central bank will raise interest...
Inflation Remains Elevated as Energy Costs Push on Prices
The Personal Consumption Expenditure index, the Federal Reserve's preferred inflation tracker, held steady in July.
Fed's preferred inflation gauge shows core prices rose 3.3% annually in July
The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.
5 Things to Know Before The Stock Market Opens on Wednesday
Stock futures are holding steady as investors await a key inflation report this morning and prepare for AI chipmaker Nvidia to release its quarterly results; the PCE price index will be closely monito...
Wall Street's biggest optimist says ‘I wouldn't jump into the AI trade right now'
Ed Yardeni, who has been called the most bullish person on Wall Street, says he hasn't been bullish enough on the stock market.
Vanguard Buys Wealth Management Platform Altruist in $4 Billion Deal
The world's second-biggest investment firm is making a bigger push into financial advice.
Wall Street's massive bet against long-term bonds is a recipe for a painful bearish unwind, says Citadel Securities
Citadel Securities' strategist Frank Flight says a bet that appears to be one-sided against long-term bonds could be setting up for a painful unwind.
Wall Street futures flat ahead of NVDA earnings: 5 things to know before market opens
US stock futures were little changed on Wednesday as Wall Street prepared for a rare double test: Nvidia's quarterly results and the Federal Reserve's preferred inflation gauge. Dow futures hovered ar...
Mortgage rates hit highest level in 3 weeks, weakening demand further
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased last week to 6.78%. Applications to refinance a home loan fell 17% from the same week one ye...
The Morning Risk Report: Bessent's D-Day Unlikely to Be Game Changer
Good morning. The U.S. is looking to increase economic sanctions on Iran and its trade partners. But the new measures might not land a sought-after knockout blow, Risk Journal reports.
Why Lower Energy Prices Aren't the Inflation Fix Markets Need
Treasury yields have dropped since Treasury Secretary Scott Bessent's pledge to increase bond buybacks but it's not a lasting solution.
Kevin Warsh faces his biggest audience this week with one question hanging over him: Is inflation high because of one-off shocks such as tariffs and a war, or because the economy is running too hot?
Kevin Warsh has kept his views on interest rates close to the vest, leaving investors and Fed officials to guess how he plans to tackle persistent inflation.
Stock Market News Today, 8/26/2026 – Futures Mixed Ahead of Nvidia Results, Inflation Data
U.S. stock futures were mixed ahead of Wednesday’s session as investors awaited Nvidia’s ($NVDA) fiscal second-quarter results and the latest U.S. inflation data. Futures on the Nasdaq 100 (NDX) and t...
Oil Extends Falls, Nasdaq Futures Lower Before Nvidia Earnings
Oil prices slid in early European trade on fresh Middle East optimism, while Nasdaq futures fell as investors anticipate Nvidia's narrative-setting earnings and U.S. inflation data.
‘Let the market speak': Expert analyzes Bessent's bond buyback strategy
Allianz chief economic advisor Mohamed El-Erian shares his thoughts on Treasury Secretary Scott Bessent's bond buyback plan on ‘The Claman Countdown.' #fox #media #breakingnews #us #usa #new #news #br...
Stock Futures Wobble Ahead of Nvidia’s Results
U.S. stock futures wobbled ahead of Wednesday’s session as investors awaited Nvidia’s ($NVDA) fiscal second-quarter results and key inflation data. Futures on the Nasdaq 100 (NDX) and the S&P 500 Inde...
Asian Currencies Consolidate, May Be Buoyed by Signs of Mideast Talks
Asian currencies consolidated against the dollar but may be supported by signs of Middle East talks, which could support risk appetite.
Mark Walter's Troubles Are Disrupting the Insurance World's Hottest Trade
Investors are questioning a $4.1 billion takeover of Brighthouse Financial because of some parallels to Walter.
Review & Preview: Risky Business
Chip stocks were Tuesday's standout as investors brace for Nvidia's earnings report.
U.S. ‘Economic D-Day' Targets More Than Just Iranian Oil
The United States threatened sanctions for any country or entity that engages with Iran's gold, digital assets, aviation, shipping and tech industries. Here's why that matters.
Stock market has used up a lot of capacity, says economist Jim Paulsen
Jim Paulsen, Paulsen Perspectives author, joins 'Closing Bell Overtime' to talk recent market trends and what they are reflecting compared to historic standards.
U.S. Stock Futures Flat Ahead of Nvidia (NVDA) Q2 Results
U.S. stock futures were flat Tuesday evening as traders awaited key U.S. inflation data and AI giant Nvidia’s ($NVDA) Q2 earnings. Futures on the Nasdaq 100 ($NDX) and the S&P 500 Index ($SPX) were up...
The midterm elections are 10 weeks away. Here's what markets are watching for
With election day ten weeks away, the stock market is beginning to care about the midterms. Wall Street is preparing for a range of scenarios, from the possibility of contested or delayed election res...
Tech Stocks Lead Major Indexes Higher
The benchmark Treasury yield notches its biggest decline since June.
Market Close: Stocks Rise, Iran-Oman Hormuz Talks, Consumer Confidence Falls • 8/25/26
CNBC Business News Update with Jessica Ettinger - Markets & Business News With Expert Analysis From Top Business Names. Visit CNBC.com For More.
Stock Market Today: SPY, QQQ Gain as Treasury Yields Slip; Trump Declares Hormuz Free of Mines
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed higher on Tuesday. SPY returned 0.31%, while QQQ rose 0.61%. News That Moved the Stock Market Today…
S&P 500 Top Stock Gainers Today, 8/25/26
The S&P 500 (SPX) finished with a 0.32% gain on Tuesday amid falling Treasury yields and oil prices. Let’s break down the sectors behind the performance. Today’s Top-Performing Sector Information tech...
Here's why markets are starting to care about the 2026 election 10 weeks out
Markets are starting to care about the 2026 midterm election, which looms less than three months away and could rip control of Congress from President Donald Trump and the Republican Party. Democrats ...
Bond rout ending? Massive bets on bond rally dominate options market
There's an old Wall Street adage: Stocks float on a sea of bonds. Options traders are betting the tide is going out.
Is there an AI bubble? No, but some tech companies show signs
Like past transformative technologies, from railroads and radio to the internet, artificial intelligence has attracted optimistic investors and inflated valuations, and with them speculation of a bubb...
The Fed Gets Some Breathing Room
A wait-and-see approach? A Fed interest rate hike this year (once seen as a near certainty) is looking a bit less likely these days.
This chart shows exactly why investors should worry about rising yields — even if they don't own any bonds
Strong earnings growth over the past few quarters has helped lift U.S. stocks into record territory. Now, rising Treasury yields are threatening to temporarily derail the rally.
Why Is the Stock Market Up Today, 8/25/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading higher on Tuesday, up by 0.31% and 0.62%, respectively. Falling oil prices are supporting equities while easing inflation…
Dow Jones Today: DJIA Climbs on Oil Drop as Trump Escalates Trade War Against Canada
The Dow Jones (DJIA) is up 0.12% on Tuesday as investors assess falling oil prices and escalating trade tensions between the U.S. and Canada. Brent crude (BZ), the global oil…
Bessent's Mentor Druckenmiller Calls Bond Buying a Mistake
Stanley Druckenmiller, the billionaire investor who mentored US Treasury Secretary Scott Bessent in his early career as a hedge fund trader, suggested his former pupil is making a mistake by wading in...
There's More to Growth Than AI
For many of the past several years, investor enthusiasm has been concentrated in a narrow group of AI-related and technology stocks. As liquidity conditions tighten and speculation begins to recede, b...
Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail
Billionaire investor Stanley Druckenmiller cast doubt on whether the Treasury Department's recent bond market maneuvers will be successful. In a published op-ed, Druckenmiller said Treasury Secretary ...
S&P/TSX Energy Index Rallies 16% in July, Tops Canadian Sectors
The S&P/TSX Energy Index jumped 16% in July, emerging as the standout performer in an otherwise subdued Canadian equity market. Despite energy's strong performance, Canadian energy equity ETFs recorde...
JPMorgan's Kevin Curtin on AI backlash: There's always risk with financing infrastructure projects
Kevin Curtin, JPMorgan AI Infrastructure Investment Banking head, joins 'Squawk on the Street' to discuss the growing backlash to new data centers as tech companies pour billions into the AI buildout.
Are Inflation-Fighting Bonds on Sale?
I just bought more Treasury Inflation-Protected Securities. Plus, more questions for your adviser about private funds (and happy 96th birthday, Warren Buffett).
Thoma Bravo Conceded 40 Deal Sweeteners in Debt Talks
Thoma Bravo executives gave ground to lenders, resulting in 40 creditor-friendly changes to the deal documents for Proofpoint, including tighter limits on future borrowing and regular check-in calls. ...
Trump Accuses Canada of ‘Ripping Off’ the U.S. for Decades
President Trump ramped pressure against Canada on Tuesday, accusing the country of taking advantage of the U.S. with excessive tariffs. “Canada has been ‘Ripping Off’ the U.S.A. for decades,” he…
U.S. Consumer Sentiment Fell in August, Conference Board Says
The research group said its consumer confidence index fell to 89.4 from 90.2 in July as expectations for future business and labor market conditions became more pessimistic.
Buy Gold on Bessent’s Bond Buyback Plan, Says Deutsche Bank
Treasury Secretary Scott Bessent’s plan to buy back at least $4 billion of bonds could support gold prices, according to Deutsche Bank. Bessent’s announcement has weakened the U.S. dollar, which…
Regulators Probing Near-Collapse of Hedge Fund Situational Awareness
The SEC has sought information from banks that provided financing to supercharge the hedge fund's AI-centric bets.
Treasury Hasn't Done Enough to Lower Yields, iCapital's Suzuki Says
Dan Suzuki, global investment strategist at iCapital, discusses the Treasury's recent attempts to lower long-term yields, arguing that the measures taken so far are insufficient and largely symbolic. ...
U.S. Home Price Growth Rose in June
The S&P Cotality Case-Shiller National Home Price Index rose 1.5% in the 12 months through June, compared with a 1.2% increase in May.
How 2026's Bull Market Differs from 2022 & Fed's Role to Maintain Run
Talley Leger is surprised to find himself more bullish than expected in 2026, highlighting a still-strong economy and neutral Fed to support his bullishness. He takes a "step back" perspective for inv...
There are pockets of the market that look a lot more rational now, says BofA's Savita Subramanian
Savita Subramanian, Bank of America Securities head of U.S. equity and quantitative strategy, joins 'Squawk Box' to discuss the latest market trends, where investors can find opportunity right now, 20...
Treasury Move Just Another Way to a Weaker Dollar, Says SocGen's Juckes
Kit Juckes, chief FX strategist at Societe Generale, says the US Treasury's move to increase the purchases of long-dated bonds is “management of the market, rather than yet, something that you might c...
Treasury Can Send Strong Signal to Market, Swiber Says
Meghan Swiber, managing director of US rates strategy at BofA Securities, says the US Treasury can cut issuance at the back end of the yield curve, which she says would send a more impactful message t...
Hartree's Morse: 3 Things Define Hormuz Strait's Future
Ed Morris, Senior Adviser and Commodities Expert, discusses the recent fall in Brent crude oil prices. The decline is attributed to market attention on the potential impact of Iran sanctions, which ar...
Scott Bessent is set to intervene in bonds. Should he?
Steve and Ben discuss Scott Bessent's forthcoming intervention in the bond market, as yields move higher and U.S. national debt ticks above $40 trillion.
The debt-fueled AI build-out may already be too big to fail
The Federal Reserve's pandemic corporate credit facilities have capped downside risks and remain part of its tool kit, says BofA Global
Stick with value stocks until everyone is talking about them — and they are still under the radar, this Wall Street firm says.
BofA says investors continue to overlook value stocks, which work particularly well in a new era of higher interest rates and inflation.
Druckenmiller Calls Out Bessent for Bond Market Meddling: ‘You Will Lose'
‘The long-term Treasury yield is the only fiscal disciplinarian the U.S. has left,' says billionaire investor Stanley Druckenmiller.
World Trade Flows Continue Recovery in June
World trade flows rose sharply in June, aided by the boom in artificial intelligence-related investment and despite the disruption caused by the Iran war.
Nasdaq futures soar over 300 points: 5 things to know before Wall Street opens
US stock futures rose on Tuesday as technology shares attempted to recover from Monday's selloff, with Nvidia earnings and fresh inflation data emerging as the two biggest tests for Wall Street. S&P 5...
Morning Bid: Economic salvos
World markets slipped into a holding pattern on Tuesday as investors tried to make sense of the noisy U.S. economic warfare that has dominated the start of the week ahead of the big macro events in ...
US leveraged single-stock ETF boom may be cooling
Red-hot demand for high-risk leveraged and inverse single-stock ETFs may be starting to cool.
One Wall Street measure of market fragility just hit its highest possible level. The last time it did, volatility spiked.
The market turbulence indicator hit 1 on Aug. 19 for the first time since December 2024 following the presidential election.
Global Bond Markets Stabilize as Investors Mull U.S. Buybacks, Iran Sanctions
Reports emerged Monday that the Treasury might deploy its nearly $1 trillion general account to finance the increased buybacks of long-end securities it announced last week.
He once mentored Scott Bessent. Now Stanley Druckenmiller is criticizing the treasury secretary.
Treasury Secretary Scott Bessent's recent maneuvers in the bond market have come in for some searing criticism from illustrious investor Stanley Druckenmiller — his long-time ally and mentor.
U.S. Futures Higher, Yields Steady after Bessent Iran Speech
Oil pulled back and the dollar strengthened to a one-week high after the Treasury Secretary warned countries and companies that do business with Iran will face U.S. retaliation.
Treasury yields steady as traders await more economic data
Treasury yields steadied on Tuesday as investors await more data releases for insights into the U.S. economic picture.
Canada plans tariff retaliation after Trump warns its leaders to 'fall in line'
Prime Minister Mark Carney says Canada will match new U.S. tariffs "dollar for dollar" as President Donald Trump orders 50% duties on Canadian goods.
Oura and Dunkin' Get Ready to Join IPO Bonanza
Investors are sizing up the parade of new offerings expected in coming months.
Asian Currencies Consolidate as Traders Parse U.S.' New Measures on Iran
Asian currencies consolidated against the dollar as traders parsed the U.S.'s new measures on Iran.
Review & Preview: Tech's Long Slide
Tech stocks slid for the seventh consecutive session, the sector's longest losing streak since September 2022.
Bessent says Treasury auctions will continue as usual despite expanded buyback program
Scott Bessent confirmed Treasury auctions will continue as scheduled while the new buyback structure for longer-dated securities takes effect Sept. 9.