Explore

Fed rate-hike threat heats up this week as August inflation data looms

Fed rate-hike threat heats up this week as August inflation data looms

Hot August CPI, PPI data could push Kevin Warsh’s Fed toward a September interest-rate hike.

Wall St slips as Gulf tensions send oil to over six-week high

Wall St slips as Gulf tensions send oil to over six-week high

By Niket Nishant and Tharuniyaa Lakshmi Sept 8 (Reuters) - The major U.S. stock indexes edged lower on Tuesday as fresh hostilities in the Middle East pushed oil prices to their highest since late July, while markets await inflation data due later this week.

Stocks fall as yen firms; Gulf attacks send oil towards $100 a barrel

Stocks fall as yen firms; Gulf attacks send oil towards $100 a barrel

By Amanda Cooper LONDON, Sept 8 (Reuters) - The yen traded around seven-month highs on Tuesday and stocks fell after a volley of attacks on energy facilities around the Gulf drove oil to near $100 a barrel, while copper prices hit record highs.

Tennis-Zverev beats Darderi and the clock to reach US Open quarters

Tennis-Zverev beats Darderi and the clock to reach US Open quarters

By Shrivathsa Sridhar NEW YORK, Sept 7 (Reuters) - Alexander Zverev put a slow start to his U.S. Open campaign further behind him as the top-seeded German defeated Italian Luciano Darderi 6-2 6-2 7-6(3) on Monday and moved into the quarter-finals.

Five spots to watch as the bond market creeps up on 5%

Five spots to watch as the bond market creeps up on 5%

By Karen Brettell, Chuck Mikolajczak, Svea Herbst-Bayliss and Gertrude Chavez-Dreyfuss NEW YORK, Sept 8 (Reuters) - The U.S. bond selloff that started with the war with Iran has pushed the 10-year Treasury yield up near 5%, a level it hasn't held for long in almost two decades.

Yen's rally to seven-month high weighs on dollar ahead of US CPI

Yen's rally to seven-month high weighs on dollar ahead of US CPI

By Jiaxing Li HONG KONG, Sept 8 (Reuters) - The Japanese yen climbed to a seven-month high against the U.S. dollar on Tuesday, as traders continued to unwind short positions amid growing bets of a Bank of Japan interest-rate hike, putting pressure on the dollar ahead of CPI data this week.

Japan revises Q2 GDP up to annualised 1.4% expansion

Japan revises Q2 GDP up to annualised 1.4% expansion

By Satoshi Sugiyama TOKYO, Sept 8 (Reuters) - Japan's economy grew faster than initially estimated in the April-June quarter from the previous three months, supported by capital expenditures which were less weak than initially estimated, revised data showed on Tuesday.

Stocks fall as yen surges; Gulf attacks drive oil near $100 a barrel

Stocks fall as yen surges; Gulf attacks drive oil near $100 a barrel

By Amanda Cooper LONDON, Sept 8 (Reuters) - The yen surged on Tuesday and stocks fell after a volley of attacks on energy facilities around the Gulf drove oil to near $100 a barrel, while copper prices hit record highs.

Asia shares bounce, others cautious as oil rises

Asia shares bounce, others cautious as oil rises

By Wayne Cole SYDNEY, Sept 7 (Reuters) - Asian shares rallied on Monday as the robust U.S. jobs report was seen as positive for global growth even as it narrowed the odds on a rise in interest rates, while oil edged higher after the U.S. and Iran attacked ships in the Gulf.

Another rate hike, just for insurance: Five questions for the ECB

Another rate hike, just for insurance: Five questions for the ECB

By Dhara Ranasinghe and Stefano Rebaudo LONDON, Sept 7 (Reuters) - The European Central Bank is widely expected to hike interest rates on Thursday, erring on the side of caution as the U.S.-Iran war drags on, keeping oil prices high and raising inflation again.

The US went all in on AI investment. Is it driving up consumer prices?

The US went all in on AI investment. Is it driving up consumer prices?

As the United States leads in AI investment, Americans are questioning who will benefit most and how it will affect their wallets.

Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him

Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him

President Donald Trump has been promising an economic boom, but Friday's positive jobs report left him frustrated