Global bond markets face turmoil as investors fear major economies aren't cutting high debt fast enough, warns Zurich Insurance strategist Guy Miller.
An AI-simulated Fed meeting showed political pressure deepened divisions in rate debates, reflecting members' real policy views, bios, and past speeches.
A year into UniCredit's push for a Commerzbank merger, CEO Orcel faces German resistance, but the effort has already sparked major changes at the German lender.
Oracle shares jumped 43% to a record high after landing big AI cloud deals, pushing it near $1T valuation and boosting Larry Ellison's billionaire ranking.
Mortgage demand surged 9.2% as 30-year rates fell to 6.49%, the lowest since Oct 2024. Lower rates spurred strongest buyer and refi activity since 2022.
Wells Fargo CEO Scharf says higher-income Americans thrive while lower earners struggle, living "on the edge" as job growth slows and economic stress rises.
US producer prices fell 0.1% in August, driven by lower service costs, after July's 0.7% rise. Economists had expected a 0.3% increase.
ExxonMobil expects the EU to sign long-term U.S. gas deals after pledging $750B in American energy purchases by 2028 under a trade pact with Washington.
Asian stocks rose with Wall St. as soft U.S. jobs data fueled Fed rate-cut bets.
Oracle expects its cloud business to top $500B in booked revenue as demand surges; RPO jumped 359% to $455B in Q1, sending shares up 27% after hours.
Trump urged the EU to impose tariffs up to 100% on China and India to pressure Putin, a U.S. official and EU diplomat said.
U.S. job growth was weaker than thought: BLS cut 911K jobs from April 2024–March 2025, after already revising March 2024 down by 598K.
Ford is recalling 1.5M U.S. vehicles (2015–2019 models) over faulty rear-view cameras showing distorted or blank images, NHTSA said Tuesday.
German Chancellor Merz opened Munich's car show, vowing support for the auto sector facing U.S. tariffs, weak EU demand, EV shift, and China's price war.
Apple is set to unveil new iPhones, including a thinner "Air" model between the iPhone 17 and 17 Pro, plus minor Apple Watch and product updates.
Anglo American and Teck Resources will merge to form Anglo Teck, with Anglo owning 62.4% and Teck 37.6%. HQ in Canada, primary listing in London.
Novartis will buy Tourmaline Bio for $48/share ($1.4B). Tourmaline develops pacibekitug, a therapy targeting inflammation in atherosclerotic cardiovascular disease.
A top US bank regulator has issued new guidance to prevent banks from closing customer accounts based on political or religious bias.
Spain's BBVA launched a €14.8B hostile bid for Sabadell, aiming to form Spain's 2nd-largest bank with €1T in assets, just behind Caixabank.
German exports fell 0.6% in July, defying a forecasted 0.1% rise, while industrial output grew, data from the federal statistics office showed.
US may shift Samsung & SK Hynix China chip supply approvals to yearly "site licenses," replacing prior indefinite permits.
All major EU carmakers except Mercedes are set to meet 2025-27 carbon targets, driven by rising EV sales, says Transport & Environment report.
Standard Chartered now expects the Fed to cut rates by 50 bps this month after weak August jobs data showed slowing growth and unemployment at 4.3%.
Trump admin to expand immigration raids after Hyundai Georgia arrests, with border chief Tom Homan vowing tougher workplace enforcement.