Bank of Japan raises benchmark rates to highest in 30 years, lifting 10-year JGB yield past 2%
The hike comes against the backdrop of rising inflation and a weak Japanese economy.

The hike comes against the backdrop of rising inflation and a weak Japanese economy.
Thursday saw the release of a much lighter-than-expected inflation report for November, and economists are already questioning its significance.
December options expirations are typically the biggest of the year, but this one eclipses all prior records, Goldman said.
European Union countries have agreed to allocate 90 billion euros ($105.5 billion) in aid to Ukraine for 2026 and 2027, the EU Council President said on Friday.
The suspected killer, Claudio Manuel Neves Valente, 48, was a graduate students in physics at Brown University in the early 2000s.
The consumer price index cooled unexpectedly in November. But economists said the data should be interpreted with some caution due to the government shutdown.
Nike posted fiscal second-quarter earnings and revenue that topped Wall Street's expectations as CEO Elliott Hill tries to turn around the company.
President Donald Trump signed an executive order Thursday reclassifying marijuana as a Schedule III substance with looser restrictions.
Lower-income households face the highest inflation rates, studies show.
The IPO by the firm jointly owned by India's ICICI Bank and UK's Prudential, was priced at 2,165 rupees per share at the upper end of the price band.
TikTok's U.S. operations will be housed in a new joint venture, according to a memo sent to employees by CEO Shou Zi Chew.
Economists polled by Dow Jones expected CPI to have risen 3.1% on an annualized basis.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
President Donald Trump is promising bigger tax refunds in 2026 due to changes enacted via the "big beautiful bill." Here's what to expect.
The first Airbus A321XLR for a U.S. airline took off Thursday from John F. Kennedy International Airport in New York, bound for Los Angeles.
Despite strong economic and strategic reasons, the absence of political will remains the biggest hurdle in closing of India-U.S. trade deal.
Asia-Pacific markets rose as investors assessed the Bank of Japan decision.
Democrats and Republicans remain split on whether a stock trading ban should extend to President Donald Trump
The SPEED Act now heads to the Senate, which is in the early stages of its own permitting reform talks.
Starting this week, American Airlines will no longer reward customers with miles for basic economy tickets.
The John F. Kennedy Memorial Center for the Performing Arts will be renamed the "Trump-Kennedy Center," White House press secretary Karoline Leavitt said.
TAE Technologies says the strong balance sheet of TMTG will provide the capital needed to bring its first fusion power plant online in the U.S. by 2031.
The federal agency alleged that Instacart used a number of deceptive tactics in its subscription sign-up and "satisfaction guarantee" advertising.
European officials are trying to convince a handful of EU member countries to back controversial plans for providing more financial support to Ukraine.