10-year Treasury yield rises to highest since 2007 as Fed rate-hike expectations rise
The sell-off in U.S. government debt is deepening as investors increasingly price in an interest rate hike this week.
Iranian foreign minister will head to China for talks, as Pentagon reveals financial cost of war
Iranian foreign minister Abbas Araqchi will visit China on Wednesday for talks, Beijing's foreign ministry announced on Tuesday.
Kraft Heinz bets on more flavors for Philadelphia cream cheese as it looks to revive brands
Philadelphia will release more cream cheese flavors as part of Kraft Heinz's turnaround.
Children's clothing retailer Carter's is rebranding to appeal to a new generation of parents
Children's clothing brand Carter's is announcing a rebrand as it tries to keep up with the modern parent and its core customer base.
U.S. auto market predictions for 2030: More hybrids, no Chinese entrants
Despite growing speculation that it won't be long until Chinese autos are sold in the U.S., John Murphy doesn't expect that to happen by 2030.
Oil’s next test: Saudi Arabia races to restore a key safety valve for prices
Analysts warn oil prices could rally sharply if the pipeline remains offline beyond an estimated five-to-seven-day inventory cushion.
Supreme Court rejects Trump bid to lift block on U.S. Postal Service mail-in ballots rule
Justice Brett Kavanaugh said that applying the U.S. Postal Service rule in the 2026 midterm elections "would be arbitrary and capricious."
Trump goes scorched earth on AI warnings, raging about data center opposition and regulation
The Trump administration has encouraged AI's rapid growth and the development of data centers as it seeks an insurmountable tech edge over China.
Warren to rip Clarity Act on Senate floor ahead of key preliminary vote
Sen. Elizabeth Warren will call the latest Clarity Act ethics proposal blessed by Trump a "weak fig leaf."
Mitch McConnell returns to Senate after three-month health absence
The 84-year-old Kentucky Republican is back in Washington after a fall, hospitalization, pneumonia and weeks of rehabilitation kept him away from the Senate.
The Fed is likely to raise interest rates as inflation persists. What that means for consumers
The Federal Reserve is widely expected to raise its benchmark interest rate by a quarter percentage point at its September meeting.
Oil and Treasury yields haven’t moved this closely in seven years. That’s bad news for markets
Oil and 10-year Treasury yields are moving in near lockstep, with their correlation at its strongest since 2019.
U.S. seeks to seize $61 million of crypto it claims are proceeds from Iranian petroleum sales to Chinese buyers
Two Chinese companies, are alleged to have used trading accounts in Binance to launder the illicit proceeds and funnel the funds to Tehran or its proxies.
What to watch as Treasury Secretary Scott Bessent testifies before Congress
Treasury Secretary Scott Bessent may face questions on rising energy prices, Federal Reserve policy, government debt and the Trump team's economic agenda.
Wall Street weighs prospect of an AI slowdown on data center buildout
Investors see a potential AI slowdown as problematic for companies tied to the data center buildout.
Warsh's credibility is on the line this week as Trump policies put pressure on Fed to hike
With inflation above target and no visibility on lower oil prices or stability of tariffs, the Fed chairman needs to pass the test that has faced his predecessors
Broadcom CEO addresses Anthropic's slowdown push, says AI revenue targets haven't changed
Broadcom CEO Hock Tan said demand for AI infrastructure remains strong despite growing concerns about increasingly powerful models.
Not all tech is under fire in Monday's selling, while investors seek refuge in defensive stocks
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Oil extends gains, Brent crude nears $108 following Houthi strikes on Saudi Arabia
Oil extended gains amid reports of fresh Houthi strikes on Saudi Arabia and attacks by Iran on ships in the Gulf.
Counting the votes: Warsh faces a tough battle as the Fed girds for expected interest rate hike
Traders were pricing in a better than 92% probability of a rate increase, as well as a more than 75% chance for another one in December.
Samsung backs Nvidia AI chip rival in $230 million funding round as GPU alternatives boom
Dutch startup Euclyd raised the funding in a round co-led by Samsung, Somerset Capital Partners, the Scaleup Europe Fund and Innovation Industries.
Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide
The muted outlook from the country's second-largest bank by assets could be an early signal that Wall Street's AI boom might have hit turbulence.
Treasury hits Russia's VTB Bank with new sanctions over Iran ties
The new Russian bank sanctions follow a small handful of other actions that the Trump administration has taken since vowing to inflict "economic D-Day" on Iran.
Apple releases test of redesigned Siri AI before iPhone 18 hits stores this week
Following Apple's iPhone launch event last week, the company is releasing a redesigned Siri AI, though users may have to sign up for a waitlist.