Markets News
Central banks, inflation, rates and the macro forces driving global markets.
Central banks, inflation, rates and the macro forces driving global markets.
Latest in Markets News
30 stories
Surprisingly benign UK inflation data signals a softer Iran war hit than feared
War’s impact on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plcUK inflation stay…
What is happening to UK prices?
The war in Iran is expected to push UK Inflation further above the Bank of England's 2% target.…
Trump’s OBBBA will cap federal loans on July 1. Republicans are going over Trump’s head to save student loans for nurses
The Trump administration says borrowing caps will incentivize universities to lower costs, but Republicans aren’t taking that chance with nurses.…
Inflation remains at 2.8%, slightly lower than expected
Transport costs were rising the fastest, while the cost of food and non-alcoholic beverages fell slightly.…
UK inflation unexpectedly stays at 2.8% with higher transport costs offset by slower food price rises – business live
Food prices rose at the slowest rate since December 2024 with declines in inflation for meat, cheese, vegetables and cheeseTransport costs rose at an annual rat…
UK inflation stays steady at 2.8% despite Iran conflict driving up fuel prices
Flatlining figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest ratesUK inflation unexpectedly remained at 2.8% last mont…
Is it bad that Elon Musk has a trillion dollars? Yes, and here’s why
Just as the ‘poverty line’ determines what’s required for basic living, we need a ‘wealth line’ to show when extreme wealth becomes harmfulIt was bound to happe…
Former Fed insiders raise new rate-hike concerns
Will Americans be forced to pay higher interest rates in the next few months? The Great Rate Debate keeps on truckin’. A small majority of former Federal Reserv…
‘Making China the elephant in the room’: The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say
With U.S. export controls on Anthropic boxing out allies and China controlling the minerals behind clean energy, the summit's AI and trade goals might be stymie…
Award-winning Chicago-style pizza chain shocks fans with closings
The pizza dining sector has faced headwinds that have impacted the fast-food industry, as rising prices, driven by inflation, reduce consumer demand a…
Pizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia
Yum Brands sold Pizza Hut to private equity firm LongRange Capital and Yum China Holdings Inc. for a combined $2.7 billion deal.…
Trump turned the dollar into a foreign policy tool, and now risks undermining the currency’s extraordinary status, think tank says
The administration is turning emergency dollar lifelines into geopolitical favors. Economists say that bargain could come at a steep cost.…
Meloni quit smoking; notorious bike-hater Trump gets gifted a bike; Macron loses his watch: Hot mic moments from the G7 summit
The fallback of conversations for leaders at the G7 summit naturally fell to the World Cup.…
Kevin Warsh’s first Fed test is here: He must navigate hawks ‘on the offensive’ and Wall Street’s hunger for details on regime change
Warsh has been in post for a number of weeks now, but for the first time this week, elements of his must-anticipated policy stance will be made public.…
Leishen Energy Named as the No. 1 Bid Winner for Surface Control Integrated Devices with a Sinopec Oilfield
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Citi revamps oil price target as Hormuz fears ease
On June 16, Brent crude was still sliding. The global oil benchmark traded around $81.47 a barrel that morning, down 1.7% and at its lowest level since March 10…
Yum Brands sells a shrinking Pizza Hut for $2.7 billion
LongRange Capital takes the U.S. and international business for $1.5B; Yum China gets the mainland for $1.2B — as the chain closes 250 American stores.…
Trump Accounts could deepen the wealth divide
Two babies born at the same hospital on the same day will each get a $1,000 Treasury deposit into a Trump Account on July 4. One child's parents will add $5,000…
Trump's DOJ cleared the Paramount-Warner Bros. deal before its own staff could weigh in
Career antitrust lawyers were leaning toward recommending a lawsuit when senior DOJ officials closed the investigation and cleared the $110 billion deal…
Yum Brands is selling Pizza Hut for $2.7 billion to shed its weakest brand
The deal splits Pizza Hut into two transactions, with LongRange Capital buying most of the chain and Yum China acquiring its mainland China locations…
Bank of Japan raised rates to a 31-year high as inflation and a weak yen piled up pressure
The BOJ lifted its policy rate to 1% on Tuesday, the first time it has reached that level since 1995, in a 7-1 board vote…
China's retail sales posted their first drop in over three years as domestic demand sours
Retail sales fell 0.6% in May, missing expectations of flat growth, while fixed-asset investment contracted more than forecast…
The Dow hit a record. SpaceX keeps soaring. And the Fed looms
Markets are pausing after the S&P 500's best 3-day stretch in over a year, while SpaceX stock eyes a pass of Amazon by market cap…
Japan hikes interest rates to highest since 1995 to fight inflation from Iran war; Thames Water rescue in doubt – business live
Rolling coverage of the latest economic and financial newsThe BoJ’s interest rate hike didn’t prevent Japan’s Nikkei share index from hitting a fresh record hig…
Morgan Stanley drops stark warning about Warsh’s Fed
Investors should expect a leaner, quieterFederal Reserve coming up very soon. That’s Morgan Stanley’s forecast for Kevin Warsh’s debut as Chair of the Federal R…
JPMorgan's $175 million fraud problem just got political
JPMorgan Chase spent five years trying to close one of the most embarassing chapters in its acquisition history. Now the case has a new variable it cannot contr…
White House makes promise on Strait of Hormuz, oil
"Ships of the World, start your engines. Let the oil flow!" President Donald Trump's Truth Social post on June 14 was not subtle. He confirmed that the United S…
Trump crypto company's USD1 stablecoins backing UFC event bonuses
A spokesperson for the Democratic National Committee decried the move as “an opportunity to use the power of the presidency to make [Trump] and his family even …
UFC fighters at the White House got paid with Trump family stablecoins—but an ethics expert says a gap in the law allows this
The use of USD1 for UFC bonuses exposes how presidential exemptions from key ethics rules blur the line between public duty and private profit.…
Barclays issues urgent note for gold investors after selloff
Gold investors were already facing a messy setup after the metal’s sharp pullback from earlier highs. Reuters reported spot gold around $4,344.77 an ounce and U…