Christine Lagarde, president of the European Central Bank (ECB), during a rates decision news conference in Frankfurt, Germany, on Thursday, June 11, 2026. Alex Kraus | Bloomberg | Getty Images The European Central Bank is widely expected to raise interest rates on Thursday, but uncertainty around the U.S.-Iran war is clouding the outlook for its…
A trader works on the floor of the New York Stock Exchange. NYSE Global markets have shrugged off a barrage of shocks in recent years, but HSBC sees several developments that could eventually end that streak. The key risks include higher corporate taxes, a renewed rise in private-sector debt and a shift in the relationship…
Traders work at the New York Stock Exchange on Aug. 25, 2026. NYSE The global bond rout is raising borrowing costs across the economy and forcing governments, companies and consumers to confront the possibility that expensive debt is here to stay. Global bond yields have been climbing to multiyear highs, with Germany’s 10-year yield reaching…
Brazil’s President Luiz Inacio Lula da Silva speaks to the media at the BRICS Summit in Rio de Janeiro, Brazil July 7, 2025. REUTERS/Ricardo Moraes Ricardo Moraes | Reuters Emerging markets are likely to see a surge in investor money as they seek new opportunities after the U.S. Treasury’s bond buyback plans weakened the dollar,…
A photo illustration showing a gold necklace, silver coins and visual representations of bitcoin placed on top of different currencies. Yuriko Nakao | Getty Images The debasement trade is gaining new traction on Wall Street as concern over the size and cost of the budget deficit mounts. The conventional wisdom behind the trade is that…
Matt Zames, then-chief operating officer of JPMorgan Chase, center, in New York, Feb. 27, 2017. Kholood Eid | Bloomberg | Getty Images Former JPMorgan Chase executive Matt Zames will join the Trump administration as an advisor to the Social Security agency, CNBC has learned. Zames is taking an unpaid position to help his former JPMorgan…
The rising sun illuminates the Target corporate logo on a sign at a store on May 19, 2026, in Jersey City, New Jersey. Gary Hershorn | Corbis News | Getty Images Target is expected to report fiscal second-quarter results Wednesday morning as the retailer offers a window into its turnaround progress under CEO Michael Fiddelke….
England fans react during the England V Croatia in the 2026 FIFA World Cup match at Croydon Boxpark on June 17, 2026 in London, England. Alishia Abodunde | Getty Images News | Getty Images The U.K. economy is showing further signs of a long-awaited rebound, but the picture is complicated by the fallout from the…
U.S. Treasury yields continued their upward climb on Thursday as investors weighed the Federal Reserve’s decision to hold interest rates steady and sought insight on future monetary policy decisions. At 3:20 a.m. ET, the 30-year Treasury bond had risen more than 9 basis points to 5.236% after hitting its highest level since July 2007 on…
SHENZHEN, CHINA – APRIL 12: A Chinese national flag is seen in the foreground with container ships, cranes, and stacked shipping containers at the Yantian International Container Terminal under cloudy skies, on April 12, 2025 in Shenzhen, China. (Photo by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty Images Foreign governments, Wall…
