Trump Threatens to Halt Trade Unless the Fed Cuts Rates
Trump downplays war with Iran, in which 18 US service members have been killed so far, as 'small potatoes'
UK & World
Is CoreWeave at the Mercy of the Bond Market?
CoreWeave, which rents GPU computing capacity to AI labs and hyperscalers, sits at the heart of a circular financing story that worries some investors. CoreWeave’s total debt sits at $35 billion as of June 30, up sharpl…
The Payroll Shock Was Real, but the Feast Was Narrow
The 162,000 payroll gain was a genuine shock, beating the highest forecast and accompanied by 55,000 in positive revisions.
FTSE 100 today: Shares end flat as bond jitters keep investors cautious
European markets saw jittery trading on July 9, driven by escalating tensions in the Middle East following a series of strikes and counterstrikes between the United States and Iran. While equity markets broadly rebounde…
U.S. 10-year Treasury yield spikes following blockbuster NFP report
The US dollar has been supported since the last FOMC decision but as the hawkish repricing reached a near-term peak, the momentum waned as traders shifted their focus to the key US data.
U.S. job growth smashes expectations in August, unemployment rate remains flat
Stocks wrapped up the session pretty much where they started on Wednesday, as investors digested a stronger-than-expected jobs report that muddied the outlook for Federal Reserve rate cuts.
Xbox caps cloud gaming at 15 hours a month for Game Pass subscribers
Xbox is introducing strict monthly time limits for Game Pass subscribers who stream games online through its cloud gaming service.
European stocks: What if the Fed hikes in September?
Markets are pricing several rate hikes from the major central banks despite scant evidence that the energy crisis is seeping into broader inflation. Yet James Smith argues investors are right to worry about higher oil a…
US diesel prices hit an all-time-high
Drivers in the US are paying more than ever for diesel at the pump as the US-Israel war with Iran continues to hit Americans' wallets.
Stock up on food to prepare for extreme weather, minister says
Households should stock up on food to prepare for extreme weather as the strongest El Niño event in a generation develops over the Pacific Ocean, a government minister has warned.
Controversial Jackdaw gas field set to be approved in weeks, sources say
The UK government is set to give the go-ahead for a controversial new gas field off the coast of Aberdeen, the BBC understands.
Volkswagen board approves plan to cut another 50,000 jobs
The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of a sweeping turnaround programme. It brings the total number of roles the company plans to shed by 2030 to 100,000.
From 'dog fruit' to darling: India's avocado boom
Fifteen years ago there was almost no market for avocados in India, remembers Sunil Bopaiah.
Argentine leader threatens to sanction oil firms and reiterates Falklands claim
Argentina's president has heightened tensions with the UK over the Falkland Islands, warning he will impose economic sanctions on firms which exploit oil close to the British overseas territory.
From cake to pizza: How to get the best birthday freebies (and why there's a catch)
"It's your birthday!" Cue the influx of emails offering you all sorts of freebies.
'I lost my savings after a job interview scam'
Jobseekers are being warned to be vigilant as scammers are targeting people on job listings websites to trick them into downloading bogus interview tools.
Is India's internet boom running into an undersea problem?
One of India's biggest digital vulnerabilities sits on a six-kilometre stretch of Mumbai's Arabian Sea coast.
U.S. bond market extends global rally, Fed’s Waller provides some relief
Gold price (XAU/USD) gains momentum to around $4,470 during the early Asian session on Friday. The precious metal extended its recovery as Federal Reserve (Fed) rate hike bets ease. All eyes will be on the US August Non…
Nvidia strikes $12.9bn deal to buy AI platform Hugging Face
Nvidia has agreed to buy artificial intelligence platform Hugging Face in a deal valued at about $12.9bn (£9.5bn), one of the AI chipmaker's biggest acquisitions as it expands into software.
Households warned gas price spike could pile fresh pressure on energy bills
Households across the UK are being warned to brace for higher energy bills this winter as European countries scramble to replenish their natural gas stores before the weather dips.
Emergent BioSolutions repurchases $75 million in senior notes
Emergent reduced its 2028 unsecured debt by $75 million at a discount while preserving liquidity and signaling active balance sheet management.
Global Bond Yields Fret Inflation and Deficits
New York – For those unsettled by the relentless rise in government bond yields in the US and across much of the world lately, the message from markets is getting clearer by the day: Get used to it.
Heathrow expansion an 'outdated' risk, mayor says
The London mayor has formally opposed plans for a third runway at Heathrow Airport, arguing the expansion threatens environmental targets and transport networks.
Hundreds of North Sea workers too heavy for new helicopter rules
Hundreds of North Sea workers are still too heavy for offshore helicopter travel less than two months before new rules come into force, BBC Scotland has learned.