The AI boom now runs on borrowed money
The Nasdaq Composite fell 5.52 per cent on Thursday, to 24,315, its worst day since April 2025.
Gridlock helps bonds until the debt ceiling
Democrats won control of both the House and the Senate in Tuesday's midterm elections, CBS News projected, with a handful of races still being counted.
Oil fell. The Fed's problem didn't
At 7.3%, the housing market stalls
The average rate on a 30-year fixed mortgage in America fell last week, to 7.32 per cent from 7.40 per cent, according to Freddie Mac's weekly survey published on October 22.
Jio's record IPO sells very little of Jio
The Treasury rally that oil can't explain
Two weeks ago the yield on the ten-year Treasury note closed at 5.31 per cent, its highest close in about two decades, and talk on Wall Street was of 5.5 per cent and beyond.
India's inflation jump has a freight problem
Poorer by the hour, richer by the payroll
American employers added 165,000 jobs in October, the Bureau of Labor Statistics reported on Friday.
Gasoline did most of September's inflation
American consumer prices rose 0.6 per cent in September, after 0.4 per cent in August, and 3.7 per cent from a year earlier, up from 3.4 per cent in August.
India's rate rise is bigger than it looks
The Reserve Bank of India raised interest rates on Wednesday for the first time since February 2023.
The Fed gets two signals, and they disagree
For a week at the start of October the bond market was sure of one thing: the Federal Reserve would raise interest rates again this month.
The inflation drop that came from a rulebook
World
Trump dusts off a 1930 law to hit Canada
The administration imposed an immediate 50 per cent tariff on imports from Canada on 19 August, using Section 338 of the Tariff Act of 1930.
Long-term rates climb as Iran talks stall
Hormuz reopens, on paper
Iran closes the strait again
Three ways the Hormuz crisis could end
Business
Why Treasury buybacks can't cap the 10-year
The yield on the 10-year Treasury note rose to about 5.2 per cent on Monday, its highest level since July 2007, after closing last week at around 5.18 per cent.
Rising costs threaten company profits
What company filings say about tariff risk
Which companies can pass on higher costs
The peace deal collapses, and oil jumps
U.S.
What Americans now pay in tariffs
Under the new Section 301 regime, the average tariff paid on goods entering America has settled into two tiers, according to a detailed review of federal trade policy.
America's emergency oil is running out
The refunds that will add to America's borrowing
Black Friday: Buy now, get a refund later?
Thanksgiving: Beef, tariffs and the holiday table
Politics
One tariff ends, another begins
Tariff refunds mean more government borrowing
Is it oil or tariffs pushing prices up?
Paying tariffs while suing to get them back
Trump's temporary tariff is about to expire
Economy
The Fed hikes, and its chair skips the dot plot
The Federal Open Market Committee raised the federal funds rate by 25 basis points to 3.75–4.00 per cent on 18 September.
The rate hike the Fed can't avoid
Blowout jobs, tighter Fed
Is the oil shock turning into wage inflation?
The market bets on a Warsh hike
Tech
AI is coming for software companies
Enterprise software stocks crashed in early February, and specialist software ETFs fell deep into correction territory.
Big Tech's AI spending passes $600bn
Nvidia's $57bn quarter doesn't end the bubble debate
AI's biggest spenders feel the credit squeeze
Meta borrows $30bn for AI
Markets & Finance
The 10-year hits 5.1%, its highest since 2007
The benchmark 10-year US Treasury yield rose to 5.104 per cent on 25 September, its highest since the summer of 2007, just before the global financial crisis.
