Minutes from the September meeting show policymakers raised rates a quarter point and signaled they aren't done, even as they acknowledged inflation hasn't cooled as much as hoped.
European and US borrowing costs climbed in tandem Wednesday as Brent crude's push back above $101 a barrel revived fears that central banks will stay restrictive for longer.
Kristalina Georgieva says record public debt, a renewed energy shock and an unproven AI investment boom could combine into what she calls a 'far-reaching shock' for the world economy, as IMF and World Bank meetings open next week in Bangkok.
A single Pokemon promo card, one of only 100 ever printed, became the second-most expensive in the game's history at a Fanatics auction.
The stock-and-cash deal combines two of the largest freight brokerages in North America and is expected to close in the first half of 2027.
Nvidia, SpaceX and Taiwan Semiconductor led tech shares to fresh highs Monday even as the 10-year Treasury yield climbed to its highest level since 2002.
A surprisingly soft September jobs report cooled bets on further Fed tightening, sending the Nasdaq and Nvidia to fresh records even as Treasury yields held near multi-year highs.
The London AI-cloud operator's pre-IPO convertible notes arrive weeks after a $45 billion computing deal with Anthropic reshaped its growth story.
The chipmaker's revised $123-a-share buyout trades stock-swap risk for certainty, but an unnamed rival bidder has reshaped one of the year's biggest semiconductor mergers.
Analyst estimates for Tesla's third-quarter deliveries span a 60,000-vehicle range, the widest in years, after the expiration of the federal EV tax credit scrambled year-over-year comparisons.
The September employment report lands at 8:30 a.m. after a summer of shocking misses and friendly revisions, leaving traders guessing what the labor market will show next.
Investment-grade issuance was supposed to surge into autumn. Instead it posted its weakest post-Labor Day showing since 2020, even as tech giants keep borrowing heavily to fund the AI buildout.
A month after Kevin Warsh's Fed delivered its first rate increase since 2023, prediction markets can't agree on whether a second hike is coming — and Wall Street is caught in the middle.
A fresh bond-market selloff pushed long-term borrowing costs to levels last seen in 2002, even as the president pressed for Fed Governor Jerome Powell's removal following a watchdog report on the central bank's costly renovation.
The S&P 500 and Nasdaq fell for a third session as the 10-year Treasury yield touched its highest level since 2007 and the Strait of Hormuz standoff kept oil and gold elevated.
The Chinese automaker will fold its commercial-fleet battery-swap business into Nio Power for a 30% stake, turning a years-long technical partnership into a full business combination.
Oil topped $107 a barrel and borrowing costs surged to levels last seen before the financial crisis after the White House turned down Tehran's conditional plan to reopen the Strait of Hormuz.
The Surface Transportation Board rejected motions by competing railroads and shipper groups to summarily dismiss the $85 billion transcontinental merger application, teeing up a full review.
With antitrust settlements secured and regulators cleared worldwide, Paramount Skydance is pushing to complete its acquisition of Warner Bros. Discovery before a contractual deadline raises the price it must pay.
Microsoft's Copilot overhaul and a record Apple close powered stocks past a jump in 10- and 30-year Treasury yields to their highest levels in decades.
The Keeneland September Yearling Sale closed with $536.7 million in gross sales, breaking its own record from a year earlier and cementing its status as the highest-grossing Thoroughbred auction in history.
The S&P 500, Dow and Nasdaq all notched weekly gains after crude tumbled on hopes for a deal to reopen the Strait of Hormuz, even as the 10-year Treasury yield touched its highest level since the financial crisis.
The 30-year bond climbed to levels last seen in 2004 as oil prices, hawkish Fed commentary and stubborn inflation expectations drove a fresh global bond selloff.
A jump in the 10-year Treasury yield to 5.11% and the five-year above 5% for the first time since 2007 pulled stocks lower for a fourth straight week, as resilient growth data and surging oil prices complicate the Federal Reserve's path.
Ondo Finance launched three tokenized portfolios built on BlackRock investment strategies, opening a new digital-asset channel for non-U.S. investors.
The scheme sanctioned this week sets up an October 1 completion, folding one of Lloyd's largest specialty underwriters into the Swiss insurance group.
A settlement with a dozen state attorneys general removes the final legal obstacle to the roughly $110 billion deal, expected to close within days.
A soft $70 billion sale of five-year notes and hawkish words from a Fed governor pushed borrowing costs to a two-decade high, hitting credit-sensitive AI stocks hardest and rattling housing markets already under strain.
Thomas Priore's investor group, backed by Searchlight Capital, will pay $8.05 a share after a special committee pushed the price up more than 30%.
A rally in chip and software stocks offset a wobblier Dow, even as elevated bond yields and a still-fragile Gulf oil market underscored how unsettled the backdrop remains.
The platform that popularized the 100x-leverage perpetual swap went from half the bitcoin derivatives market to a rounding error before closing its doors today.
Shares of the Southeast Asian super-app swung through a volatile week after Grab agreed to take a 60% stake in buy-now-pay-later lender Atome Financial, with analysts split on whether the deal buys growth or merely time.
The S&P 500 climbed 1.49% and the Nasdaq Composite closed at a record for the first time since June, as a Wells Fargo price-target boost and surging downloads of Meta's new Muse AI agent sent chipmakers soaring and falling oil prices eased broader market jitters.
MISTRAS shareholders will receive $20.35 a share in cash as the industrial testing and inspection company exits the public markets after a board-approved sale to the private equity firm.
The Dow slipped and the S&P 500 and Nasdaq edged higher Friday as Treasury yields climbed after the Fed's first rate hike in three years, with JPMorgan's Jamie Dimon warning inflation isn't beaten yet.
The salvage-auto auction giant formally opened its all-cash offer for ACV Auctions at $10.50 a share, starting a 10-day clock on a deal it has called the largest in its history.
Stocks rallied and bond yields eased a day after the Federal Reserve's first rate hike since 2023, even as homebuilder Lennar tumbled to a 52-week low on a second guidance cut.
The e-commerce giant's $1-an-hour raise and new grocery discounts, worth more than $1.5 billion, arrive as it prepares to compete for seasonal workers in a tight, inflation-squeezed labor market.
Futures markets assign roughly nine-in-ten odds to a quarter-point increase when Chair Kevin Warsh's Fed announces its decision this afternoon, a sharp reversal from the no-change consensus that prevailed over the summer.
The Digital Asset Market Clarity Act fell 49-50, as Democrats sought tighter limits on officials' crypto holdings and several Republicans balked.
A global bond selloff pushed the 10-year yield to its highest level since 2007 just as the Federal Reserve began a two-day meeting expected to produce the first rate increase in three years.
Record cloud growth and a swelling $125 billion debt pile framed a wild 48 hours in which founder Larry Ellison disclosed, then scrapped, a plan to sell up to $7.5 billion in Oracle stock.
The jet-engine maker's largest deal since its 2024 spinoff brings a key supplier of aerospace castings in-house as the industry battles chronic parts shortages.
A hotter-than-forecast August CPI reading sent Treasury yields to multi-year highs and rate-hike odds surging, even as stocks snapped a four-day losing streak heading into next week's Fed decision.
The salvage-auction giant is paying a 45% premium to fold ACV's dealer-to-dealer wholesale marketplace into an all-digital vehicle remarketing platform.
A widening war in the Persian Gulf has pushed crude to its highest level since May and Treasury yields to their highest since 2023, flipping trader bets ahead of next week's Fed meeting from a possible cut to a likely hike.
The Treasury Department moved to calm a bond-market selloff that pushed benchmark yields to a three-year high, as deficit concerns, rising energy costs and next week's Fed meeting rattled Wall Street.
The convenience-store chain topped Wall Street estimates for its fiscal first quarter as wider fuel margins and pizza-driven food sales offset a decline in the stock following the report.
The Dow fell more than 600 points as Houthi strikes on Saudi energy facilities pushed Brent crude toward its highest level in over a year, reviving inflation fears just as investors had bet on a calmer path for interest rates.
The chip-design software maker topped Wall Street's third-quarter estimates and lifted its full-year forecast, but investors focused on how little room the new guidance left to beat again.
The AI lab is holding its investor roadshow until a $15 billion credit facility is finalized, pushing a listing that could value the company near $2 trillion toward the edge of November's midterm elections.
Record orders and sharply raised guidance underscored how deep AI infrastructure spending is running, even as investors debate how long the buildout can last.
A surprise surge in payrolls sent Treasury yields higher and revived talk of tightening, complicating the picture for policymakers already contending with oil-driven inflation.
Oneok, Williams and Apollo Global are pouring tens of billions of dollars into midstream gas assets as data centers and LNG export terminals compete for supply, a boom that Oneok's CEO says will eventually push prices higher too.
A 181-page complaint joined by 22 states accuses Amazon of secretly rigging its Sponsored Products ad auctions since 2019 to extract billions from advertisers; Amazon calls the claims "misguided" as its shares slide and Wall Street stays split.
The debt-and-equity deal adds grid-forming power electronics to Flex's infrastructure arm, which the manufacturing giant plans to spin off as an independent public company in early 2027.
Friday's 162,000-job gain and a combined 55,000-job upward revision to June and July pushed traders toward pricing in a September rate increase, sending the Dow, S&P 500 and Nasdaq lower to close the week.
A soft ADP print and months of downward revisions have turned the government's August payrolls data, due at 8:30 a.m., into a pivotal input for the Fed's September rate decision.
The chipmaker posted record revenue and its ninth straight quarterly beat, but a fourth-quarter outlook that landed a few hundred million dollars below expectations was enough to send the stock lower.
The deal, one of Nvidia's largest ever, hands the chipmaker the default distribution hub for open-source AI models just as critics start asking whether one company should own so much of the stack.
The all-cash acquisition from KKR is Aon's largest ever and aims to plant the insurance broker firmly in the mid-sized commercial market, a segment executives value at more than $40 billion.
A renewed exchange of strikes between the U.S. and Iran pushed oil and borrowing costs higher, while a weak ADP payrolls report added to signs the labor market is cooling faster than expected.
The $100 million project will add 900 million cubic feet a day of capacity on the Double E pipeline to the Waha Hub, with more than half already under contract.
The ISM's factory index slipped to 54.6% as new orders and order backlogs eased and prices paid held at an elevated 71.1%, complicating the Federal Reserve's rate calculus.
A weekend exchange of strikes between the U.S. and Iran sent crude toward multi-month highs and knocked stock futures lower, with a fresh factory-activity report and Friday's jobs data now in focus.
Kevin Warsh's warning that inflation still runs too hot sent September rate-hike odds surging past a coin flip and pulled stocks off a weekly high.
A blowout second quarter and a 70% growth forecast for fiscal 2028 pushed the chipmaker's stock up nearly 9% and reset expectations for the AI buildout heading into next year.
A revenue beat, a 70% growth forecast for 2028 and guidance that still excludes China lifted Nvidia shares nearly 9% and dragged the broader market higher with them.
Fed Chair Kevin Warsh delivers his first Jackson Hole keynote this morning, with a 19-year-high in long-term borrowing costs, a fractured rate-setting committee and richly valued stocks all riding on what he says.
The cybersecurity firm topped Wall Street estimates and lifted its full-year outlook, with net new business up 51% as customers consolidate spending onto its platform.
July sales fell 10.5% to a 607,000 annual rate as borrowing costs topped 6.6%, even as builders cut prices and the median price hit a five-year low.
A second-quarter earnings miss and a steep cut to full-year profit guidance triggered the retailer's worst trading day on record, as its newly acquired Foot Locker chain keeps sliding.
The chipmaker's earnings after today's close carry outsized weight for a rally built on artificial-intelligence spending, with options traders pricing a swing of nearly $280 billion in market value.
PDD Holdings topped profit estimates but missed on revenue in the second quarter, with a fresh $230 million EU fine adding pressure on the Temu owner.
A broad chipmaker selloff offset a modest Dow gain Monday as traders trimmed risk ahead of Nvidia's Wednesday earnings, with new Iran sanctions and Canada tariff fallout adding to the unease.
A record shareholder-return plan tied to Samsung's AI-driven profit boom fell short of what investors had bid the stock up to expect.
Wednesday's Nvidia results and the Fed chair's first Jackson Hole speech will test whether stocks can withstand elevated long-term interest rates.
A flash PMI reading showed the fastest US business growth since 2022, powering a Friday rally that trimmed — but didn't erase — a rough week for stocks.
The payments giant's largest acquisition yet pairs its transaction infrastructure with OpenRouter's technology for routing requests across hundreds of AI models, deepening Stripe's push into AI infrastructure.
Stocks rebounded Friday after the Treasury moved to steady a rattled bond market, closing out a week that saw Walmart post its first comparable-sales miss in five years and oil surge amid the widening confrontation with Iran.
The Spanish lender folded one of the Northeast's largest regional banks into its U.S. franchise Thursday after clearing the last of three regulatory approvals.
A hawkish set of Fed minutes and a rebound in long-term yields wiped out Wednesday's relief rally, dragging the Dow down nearly 700 points and leaving Wall Street headed for a losing week.
The 67-million-year-old fossil, found on a South Dakota cattle ranch, became the most expensive dinosaur skeleton ever sold amid a broader boom in natural-history auctions.
The deal for the airflow-technology maker nearly doubles Madison Air's addressable market as demand for data-center cooling equipment accelerates alongside AI infrastructure spending.
Three regional Fed presidents pushed for a rate increase in July as inflation concerns mounted, but a Treasury debt-buyback plan calmed Wall Street before the hawkish minutes even landed.
Shares are up sharply this year on viral squishy dumplings and Needohs, but Jefferies says the discount chain's turnaround runs deeper than a toy fad.
Shares of the Chicago-based air-quality group fell after it agreed to acquire the airflow-technology maker in a deal financed with cash, debt and equity, aimed at expanding into cooling for AI data centers.
The S&P 500 fell for a third straight session Tuesday as the 30-year Treasury yield touched levels last seen in 2007 and crude extended its climb on the Hormuz standoff, with Target, TJX and Lowe's earnings and Fed minutes on deck Wednesday.
The White House delayed a threatened tariff hike hours before it was due to hit, as Trump and Prime Minister Mark Carney raced to finalize terms by Friday.
Stellantis's tiny electric Topolino has landed in the US at $13,995, aimed squarely at gated communities and resort towns that already love low-speed vehicles.
Home Depot reports its first results since CEO Ted Decker went on medical leave, with tariffs and a soft housing market testing whether full-year guidance holds.
Stocks fell and the 30-year Treasury yield hit its highest level since 2007 after a US-Iran ceasefire memorandum lapsed and Trump threatened Oman over the Strait of Hormuz, with a heavy retail earnings week just getting underway.
Bullion is near its best levels since June after weak US data cut the odds of a September Fed rate increase and pushed the dollar to a three-month low.
Home Depot, Target and Walmart report this week as investors weigh a weak retail-sales reading and slumping consumer sentiment against oil prices still elevated by the Strait of Hormuz standoff.
A regulatory filing shows the chipmaker's investment in Elon Musk's rocket company ballooned in value after SpaceX absorbed xAI and went public.
Nasdaq is absorbing one of the country's largest off-exchange trading venues, converting a 2021 minority stake into full ownership as it builds out an 'always-on' market infrastructure unit.
Retail spending posted its first monthly decline since October and consumer sentiment suffered its steepest drop in months, complicating the outlook days before a historic round of tariffs on Canadian goods takes effect.
The University of Michigan's preliminary August reading came in far below forecasts, with survey director Joanne Hsu citing a sharp deterioration in expected business conditions.
The S&P 500 broke above 7,800 for the first time Thursday before a weak consumer-sentiment reading and fresh doubts about AI spending cooled the rally into the weekend.
Mike Ashley's retail group takes control of the luxury chain through a pre-pack administration deal, ending 35 years of ownership by the Poon family and beating a rival bid from Next.