Scott Bessent takes on the bond market
And makes trouble for the Fed
We haven't written up this one. The Economist Finance has the full story — the link below goes straight to it.
What's breaking now, across thousands of outlets.
And makes trouble for the Fed
We haven't written up this one. The Economist Finance has the full story — the link below goes straight to it.
EQT AB barely raised its tender offer price for Kakaku.com Inc. and extended the offer period, prolonging a bidding war over the Japanese internet services firm.
Even if there's no clarity on the Clarity Act, Coinbase and Circle could still power higher over the next 12 months.
Today's Iran war news: Diverging claims on Strait of Hormuz oil transits as Iran vows tight closure and investors trash Bessent Treasury meddling.
Nvidia's Q2 FY2027 revenue tops $96 billion as the company commits to buy up to $160 billion worth of memory, increasing its total commitments to $279 billion ahead of a major demand bump.
DBS Group Research strategist Sherilyn Chew says hawkish Reserve Bank of India (RBI) minutes and volatility at the long end of the US Treasury market have pushed India rates higher.
The consensus was that the oil price would return to pre-war levels once the Strait of Hormuz opened. It is time to challenge that presumption.