A surprisingly strong US economy and mixed signals from the Federal Reserve have fueled some of the wildest swings in Treasuries in recent memory. Add geopolitical angst and a surge in debt supply and you have a recipe for sustained volatility for months to come, market watchers say.
The war between Israel and Hamas has turned the spotlight on Egypt’s role as a regional powerbroker, potentially winning it Western support as it tries to escape a grinding economic crisis.
Mexican diplomats and law enforcement officials visited China last week for talks over how to curb the smuggling of chemicals used by cartels to make illegal drugs.
Banks are reviving the sale of credit-linked notes, a type of synthetic securitization that’s been relatively uncommon in the US since the financial crisis, ahead of new rules that will require them to hold more regulatory capital.
A small amount of vital aid moved into Gaza from Egypt for the first time since the Israel-Hamas war erupted two weeks ago, fulfilling a key demand of US, European and Arab leaders as the humanitarian situation in the besieged territory worsens.
A “significant” mudslide just north of New York City forced the suspension of Amtrak and Metro-North Hudson Line train service on Saturday as rain soaked the region for a second day.
Roche Holding AG’s lung cancer drug scored a big win against a standard therapy in a study this week. Now, the Swiss drugmaker is turning to artificial intelligence to find patients who can benefit.
Arab leaders dubbed Israel’s retaliatory strikes on Gaza “collective punishment” as they and some European officials stressed that a stable and secure outcome to the Israel-Palestinian conflict must be built on a two-state solution.
Representatives Tom Emmer and Mike Johnson entered the race for US House speaker, throwing two high-ranking Republicans into the mix of a crowded pool of candidates.
New long-range missiles provided by the US to Kyiv for its defense against Russia are “having a major impact on the battlefield,” Ukrainian Defense Minister Rustem Umerov said in a post on X, formerly Twitter.
