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For six months, investors had a playbook: when Trump threatens Iran, buy the dip, because he always backs down. But in September, the playbook stopped working.
Bloomberg's Aashna Shah joins Scarlet Fu on "Bloomberg Real Yield." US state and local government bonds are near their cheapest levels relative to Treasuries in a year as heavy issuance and fading demand collide with a broader fixed-income selloff.
Sam Altman, Jensen Huang and Tim Cook are expected at Donald Trump's state dinner for Xi Jinping amid fierce U.S.-China competition over AI and chips.
The off-contract ocean container shipping rate from China to the U.S. East Coast has returned to levels seen after COVID-19 upended global trade, and could set new record highs as the U.S. and Israeli war on Iran drives fuel costs higher.
Plus, chip shares soar on Intel comments and SEC clears path for trading tokenized stocks
U.S. stocks recouped some of their recent losses as oil prices stabilized and confidence grew in the Federal Reserve's ability to contain inflation.
Mohamed El-Erian, Allianz chief economist, joins 'Closing Bell' to discuss El-Erian's thoughts on the latest FOMC decision.
The Federal Open Market Committee raised rates by 25 bps in a unanimous vote, prioritizing credibility and bond market stability over direct inflation control. This hike signals Fed confidence in economic resilience, with GDP projections revised higher and unemployment just above 4%.
JP Morgan said on Thursday that it does not have a clear baseline view for oil markets for the first time since the start of the US-Israeli war on Iran.
With its East-West pipeline shut down, the Straight of Hormuz is the best avenue available and its spigot has recently opened up. Will it last?
WSJ's Shelby Holliday explains how the Houthis pulled off a swift offensive that has sparked fighting and sent oil prices soaring.
Three U.S. refiners with Strong Buy ratings could be among the biggest winners in the global fuel crisis, as diesel hits a record high and gasoline prices remain elevated. Capacity constraints driven by geopolitical conflicts, combined with a tight California market, could further boost refining margins. Even if oil prices pull back, the opportunity may remain intact, with the diesel-crude crack spread reaching an all-time high, surpassing $100 per barrel.
‘The Big Money Show' reacts to the Federal Reserve hiking interest rates as President Donald Trump pushes for lower rates, and a Fox News poll shows widespread economic concern. #foxbusiness bigmoneyshow 00:02 - Trump Says U.S. Interest Rates Are Artificially High 00:45 - Fed Raises Rates as Warsh Focuses on Inflation 01:32 - Record Diesel Prices Add to Economic Pressure 04:34 - Panel Debates the Fed's Rate Hike and What Comes Next 07:50 - Mortgage Rates Near 7% as Affordability Concerns Grow
A bipartisan bill aimed at reining in data center-related utility hikes stalled in the Senate on Thursday, as Sen. Martin Heinrich, D-N.M.
Zscaler's stock has missed out on the cybersecurity sector's big rally this year — but it could soon get its moment in the spotlight
