Philadelphia Fed’s July factory activity index contracts for second straight month
admin The numbers: The Philadelphia Fed said Thursday its gauge of regional business activity dropped to…
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U.S. jobless claims jump to highest level since November
The numbers: Initial jobless claims jumped 7,000 to 251,000 in the week ended July 16,…
Read MoreEuropean Central Bank lifts rates by half point as it delivers first hike in 11 years
The European Central Bank, responding to fears of runaway inflation, delivered its first rate hike…
Read MoreThe Fed could get lucky or things might go wrong. A guide to where the economy might go from here
Is a recession inevitable? Will the Federal Reserve cause it? Although superlatives about the U.S.…
Read MoreHere’s the incredibly strong signal for stocks that is coming from the corporate bond market
Is it a false dawn in the stock market or is there something real? The…
Read MoreHere’s the incredibly strong signal for stocks that is coming from the corporate bond market
Is it a false dawn in the stock market or is there something real? The…
Read MoreBond yields rise after Russia resumes gas flows
Bond yields rose on Thursday, as the resumption of gas flows to Europe through a…
Read MoreItalian assets slide amid political upheaval as Draghi resigns
An earlier version of this story incorrectly said Draghi had resigned before he had done…
Read MoreItalian assets slide after Draghi resigns
Italian assets fell sharply early Thursday after Prime Minister Mario Draghi resigned after members of…
Read More10-year Treasury yield dips back below 3% as traders await European Central Bank decision
U.S. bond yields fell on Wednesday, sending the 10-year back below 3%, as market volatility…
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