Japan Raises Rates, but the Yen Sinks Further
Japan Raises Rates, but the Yen Falls Anyway Japan’s central bank lifted its benchmark interest rate on Friday to the highest level in 31 years, pressing ahead with its slow…
Treasury Yields Return to 5 Percent
A Return to 5 Percent The yield on the 10-year U.S. Treasury hovered above 5 percent on Monday, reaching levels last seen in 2007 as investors braced for a consequential…
Oil Surges as Saudi Pipeline Shutdown Rattles Markets
Oil Jumps as Saudi Pipeline Shutdown Deepens Fears of a Wider Energy Crisis Oil prices climbed above $108 a barrel on Monday after Saudi Arabia shut down a major pipeline…
Apple Bets on a Foldable iPhone as China Pushes Back
Apple on Tuesday made one of the boldest changes to its flagship product strategy in years, unveiling its first foldable iPhone and reworking the release rhythm of its most important…
As Oil Hits $100, Diesel and Debt Feel the Strain
Oil’s return to $100 a barrel is reverberating far beyond energy markets, pushing diesel prices in the United States to a record, unsettling bond investors and exposing new strains in…
U.S.-Canada Trade Fight Escalates Beyond Tariffs
North American Trade Rift Deepens as U.S. and Canada Expand Fight Beyond Tariffs The trade dispute between the United States and Canada entered a more punitive phase on Tuesday, as…
Oil Tops $100 as U.S.-Iran Tensions Rattle Markets
Brent crude surged above $100 a barrel on Wednesday for the first time since late July, a milestone that jolted financial markets and revived fears that the escalating conflict between…
Beijing Bolsters Banks and Insurers Amid Economic Strain
Beijing Moves to Reinforce Financial System China said on Monday that it would inject about 360 billion yuan, or $53.6 billion, into a group of major state-owned banks and insurers,…
Jaguar Land Rover Cuts Deep, Raising Alarms for Britain
A Warning Sign From Britain’s Largest Carmaker Jaguar Land Rover said Monday that it would cut about 4,000 jobs globally over the next two years, a sweeping retrenchment that underscores…
Nvidia’s New Power in A.I.
Nvidia, already the dominant supplier of the chips powering the artificial intelligence boom, is rapidly becoming something more expansive and potentially more consequential: one of the industry’s biggest financiers, dealmakers…