Economy
A Fed rate hike is coming into view. Here’s what UBS says to own — and avoid
August's U.S. jobs report, showing 162,000 payrolls versus the 55,000 consensus estimate, has pushed the odds of a 25 basis-point rate hike at the September 15-16 FOMC meeting to...
Economy
Jaguar Land Rover to layoff thousands of jobs in $2.3 billion cost-saving overhaul
Jaguar Land Rover will offer voluntary redundancies to thousands of employees as part of a major restructuring. The British carmaker, owned by India's Tata...
Economy
Treasurys are losing foreign appeal in a historic capital flow reversal — and here’s one trade investors favor instead
Foreign investors now favor U.S. equities over Treasurys in what Deutsche Bank strategists call a historic reversal, with equity inflows into the U.S. overtaking...
Economy
Treasury yields face 4.8% test as fiscal risks threaten to spill into other assets
U.S. Treasury yields face a key test at 4.8%, with a sustained move above that level potentially creating meaningful problems for other asset classes,...
Economy
U.S. debt is even worse than it seems, and rising Treasury yields are now an ‘all-hands-on-deck situation,’ top economist warns
Robin Brooks, economist at the Brookings Institution, warns about the critical state of U.S. debt. According to him, long-term Treasury yields continue to rise...
Economy
Even Supreme Leader Mojtaba Khamenei is worried about Iran’s economy and ‘social cohesion’ as U.S. pressure gets tougher to withstand
Iranian Supreme Leader Ayatollah Khamenei has ordered officials to avoid harming social cohesion as the country's economy crumbles under U.S. sanctions. The rial has...
Economy
Trump turns up the heat on Warsh as Fed rate hike looms
The Trump administration is conducting an intense pressure campaign on the Federal Reserve to prevent an interest rate hike at its September 15-16 meeting,...
Economy
Investors zero in on August inflation data in the week ahead after yields spike to levels not seen in years
August payrolls came in at 162,000, well above the 53,000 forecast, reigniting speculation about a Federal Reserve rate hike at its September 15-16 meeting....
Economy
DOJ expands beef price probe to eight retailers, including Walmart and Amazon, with inflation a key issue ahead of midterm elections
The U.S. Department of Justice has expanded its beef price investigation to eight of the country's largest retailers, including Walmart, Amazon, Costco, Kroger, Albertsons,...
Economy
Trump’s threat to stop trade unless there’s a rate cut risks shock to U.S. economy
President Donald Trump threatened to stop trading with countries that have a trade surplus with the United States if the Federal Reserve does not...
Economy
Trump tells Fed to slash rates or he’ll end trade with countries with U.S. surpluses
President Donald Trump on Friday ordered the Federal Reserve to immediately cut interest rates, threatening to end trade with countries where the United States...