10-Year Treasury Yield Hits 5% as Debt Concerns Mount
The 10-year Treasury yield reached 5% for the first time since 2007, driven by oil price surges and renewing concerns about U.S. debt sustainability and economic impacts.
economy
Economy & Finance
Markets await clarity on Fed policy as Kevin Warsh heads to Jackson Hole amid pressure from Treasury Secretary Bessent's market interventions and uncertainty over inflation stance.
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Indian markets poised for cautious gains as Fed decision looms, oil above $106
Indian benchmark indices expected to open with modest gains after a holiday, but sentiment remains guarded due to elevated oil prices above $106, Middle East tensions, and the imminent US Federal Reserve rate decision.
Oil and Treasury yields move in lockstep, amplifying market pressure
Oil prices and 10-year Treasury yields are moving in unprecedented correlation (0.96), the strongest since 2019, amplifying inflation concerns and potentially forcing the Fed to maintain higher rates longer.
Robinsons Offices Dominates Q2 Leasing With Record Jewel Tower Pre-Lease
Robinsons Offices led Philippine office leasing in Q2 2026 with a 33,400-sqm pre-leasing commitment at The Jewel tower in Mandaluyong, marking its second consecutive year topping developers.
Scoot KrisFlyer Spontaneous Escapes offers 15% off October awards from 1,275 miles
Scoot has launched its October 2026 KrisFlyer Spontaneous Escapes promotion, offering 15% discounts on selected Economy awards with bookings required by September 30, 2026.
China's Factory Strength Masks Deepening Consumption Weakness
China's industrial output accelerated in August but sluggish retail sales and collapsing investment reveal deepening economic imbalances, pressuring Beijing to deploy stronger stimulus measures.
Indian Shares Decline as Oil Prices and Bond Yields Rise
Indian equity markets declined as elevated crude oil prices and rising bond yields created headwinds for investor sentiment and market performance.
Indian shares rise on IT strength, HDFC Bank gains ahead of Fed meeting
Indian stock markets opened higher Tuesday, with IT stocks surging 4.5% and HDFC Bank rising 3%, though global bond yields and oil prices limited broader gains ahead of the Federal Reserve meeting.
Waymo, Japanese partners plan Tokyo driverless taxi launch by 2027
Waymo and Japanese partners plan to launch a driverless taxi service in Tokyo by 2027, expanding autonomous vehicle operations into a major Asian market.
Continental AllSeasonContact 2 tops AMS all-season tyre test; all nine models rated 'good' or better
Auto Motor und Sport tested nine all-season tyres, with Continental AllSeasonContact 2 topping the field. All candidates rated 'good' or better, though none achieved 'outstanding' due to inherent winter-summer performance trade-offs.
Dollar hits two-week high as oil surge bolsters yields and Fed rate hike expectations
The dollar reached a two-week high as rising oil prices boosted Treasury yields and renewed expectations for Federal Reserve interest rate increases.
Asian Shares Waver as Oil, Yields Rise Ahead of Fed, BOJ Decisions
Asian shares fluctuate as oil prices and bond yields rise ahead of upcoming Federal Reserve and Bank of Japan monetary policy meetings.
Warsh's Fed Leadership Tested as Rate Hike Looms Despite Trump Pressure
Kevin Warsh's arrival at the Federal Reserve has eased Trump's previous criticism, but an anticipated rate hike could reignite tensions between the administration and the central bank.
AI stocks slide as oil prices retreat, broader market steadies
AI-focused stocks declined while broader Wall Street indices held relatively steady after oil prices retreated from early gains, showing divergent market momentum across sectors.
House unanimously passes bill to permanently eliminate penny production
The House unanimously passed the Common Cents Act to end penny minting and establish cash rounding to the nearest nickel, saving an estimated $56 million annually.
Renault Duster 1.3 turbo ganha até R$ 25 mil de bônus para limpar estoque 2025
Renault oferece até R$ 25 mil de bônus e taxa de 0,29% ao mês no financiamento do Duster Iconic Plus 2025/2026 para limpar estoque, reduzindo o preço de R$ 171.990 para R$ 146.990.
Carney Pitches Canada to Global Investors Amid Trade Tensions and Climate Focus
Mark Carney hosts a major investment summit in Toronto to attract global capital amid US trade tensions, while facing significant protest opposition.
AI Market Volatility Dominates Trading Commentary
Reuters commentary examines market reactions to AI-related developments, using 'AI-pocalypse' framing to discuss trading implications and investor sentiment shifts.
BofA CEO's Revenue Caution Triggers Bank Stock Selloff
Bank of America CEO's cautious guidance on investment banking and trading revenues sparked a broader selloff in bank stocks, with BAC shares declining amid expectations of weak Q3 Wall Street fees.
Lilly's Foundayo captures over 30% of new US oral weight-loss drug patients
Eli Lilly reports its oral weight-loss drug Foundayo has captured over 30% of new US patients in the oral GLP-1 market, signaling strong early commercial traction.
Nintendo launches major 'customer appreciation' sale with up to 30% off games
Nintendo of America announced a significant customer appreciation sale offering up to 30% off games and accessories, reportedly tied to tariff rebate benefits rather than direct refunds.
Valve Confirms Steam Deck 2 Plans Unchanged Amid Memory Crisis
Valve states its Steam Deck 2 development plans remain unchanged despite global memory chip shortages, though the company is still determining the timing and approach for the next-generation handheld.
AI Bubble Shows Signs of Deflating as Wall Street Reassesses Valuations
Some Wall Street analysts believe the AI-fueled stock boom is entering late-stage bubble territory, with Capital Economics predicting a burst by 2027 and an S&P 500 correction next year.
Warsh Navigates Tough Vote Count as Fed Prepares Rate Hike
Federal Reserve Chair Kevin Warsh faces internal debate over an expected interest rate hike, his first major decision under Trump administration pressure to keep rates low.