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Lala Leaves One Dead in Hawaii With Heavy Rain, Wind to Come
One person has died as storm Lala continues to batter parts of Hawaii including the Big Island and Ohahu, potentially bringing nearly three feet of rain and dam...
Markets
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US 20-Year Bond Sale to Test Demand as Yield Curve Steepens
The sale of 20-year government bonds this week will test investor appetite for long-term debt following a few record-breaking auctions.
The Treasury Department...
Stock-Market Calm Masks Fast Shifting Investor Sentiment
While the recent equity-market turbulence is subsiding, options positioning shows how quickly investor sentiment can switch between the extremes of fear and gre...
At AI-Fueled Market Party, Wall Street Eyes the Rates Punch Bowl
Enthusiasm for Big Tech and its huge investments in artificial intelligence is powering the stock market to record highs again. With a resilient economy and sco...
Traders Get Pickier After Big Run in $886 Billion EM Debt Market
Persistent inflation worries and currency swings are pushing emerging-market investors to adjust bets in an $886 billion asset class that’s been delivering outs...
Finance
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Stripe Nears Deal to Buy AI Firm OpenRouter for Over $7 Billion
Stripe Inc. has finalized an agreement to acquire OpenRouter Inc., a startup that helps companies switch between artificial intelligence models, for more than $...
AI ‘Chipflation’ Washes Ashore in the UK Economy
UK consumer prices will grab headlines in the coming week, with an AI-driven memory-chip shortage and higher energy costs keeping the Bank of England on guard....
‘Outlier’ S&P 500 Earnings Strength Cheers Wall Street’s Bulls
Corporate America is blowing past Wall Street’s expectations for a stellar earnings season , adding to the rosy backdrop for a stock market trading near a recor...
Economics
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The Real Problem With Melongate
Opposition politicians in Australia are demanding that Prime Minister Anthony Albanese apologize to his Japanese counterpart, Sanae Takaichi, for purportedly se...
Israel Strikes Lebanon as US Prepares Fresh Iran Sanctions
Lebanon saw its deadliest day of fighting in months, heaping pressure on stalled US-Iran negotiations while Washington preps fresh sanctions.
The Israel Defens...
Ditch Inflation Targets? Better to Overhaul Them Instead
If a crucial goal of central banks is controlling inflation, then targets for the pace of price changes have been an indispensable ally. To rise to the task of...
Quebec, Newfoundland Set to Unveil Major Electricity Deal, Report Says
The Canadian provinces of Quebec and Newfoundland and Labrador are poised to announce a major new electricity supply agreement, according to a report from Radio...
Industries
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Lala Leaves One Dead in Hawaii With Heavy Rain, Wind to Come
One person has died as storm Lala continues to batter parts of Hawaii including the Big Island and Ohahu, potentially bringing nearly three feet of rain and dam...
Covert Mideast Oil Flows Are Keeping Global Prices in Check
Middle Eastern oil producers are pressing ahead with shuttling large volumes of crude out of the Persian Gulf, helping keep a lid on prices and assuaging fears...
China Plans to Speed Up New Energy Recycling, Waste Rules: CCTV
China is accelerating the establishment of rules governing the recycling and reuse of wind and solar equipment and aims to set up a closed-loop system for waste...
Canada’s Zimar to Build $2 Billion Complex in Niger, RTN Says
Canadian industrial energy company Zimar Inc. will build a refinery and a petrochemical complex in Niger with an estimated output of 100,000 barrels a day, stat...
AI
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Bond Traders Are Agonizing Over $70 Billion of Shadow Credit Backstops For AI Companies
Even before Nvidia Corp.’s splashy $500 billion financing partnership this week, investors were starting to fret over the roughly $70 billion in phantom liabili...
Politics
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Blanche Defends Reflecting Pool Prosecutor Who Angered Trump
US Attorney General Todd Blanche defended Jeanine Pirro for dismissing a federal vandalism case in a decision that angered President Donald Trump, saying the to...
Lecornu Plans Crisis Meeting on Cyberattack at French Tax Agency
French Prime Minister Sebastien Lecornu will hold a crisis meeting Monday to respond to the cyberattack disclosed last week targeting the country’s tax collecti...
Second Ceuta Border Push Falls Flat With Security Forces Ready
Grassroots calls for a second incursion into Ceuta from Morocco fell flat over the weekend, with security tight and authorities turning back the relative handfu...
Nigerian Ruling Party Loses State Election Before National Polls
A governor in Nigeria’s southwestern Osun state fended off a challenge from the ruling party to secure another four-year term, giving the fractured opposition a...
Opinion
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Ocasio-Cortez’s ‘Woke 1’ Quip Is a Cynical Move
America’s so-called Great Awokening , such as it was, has given way to what might be called the Great Democratic Dewokification.
Eyeing higher office, progress...
Make America Civil Again
Can a modern democracy function without civility? We are in the process of finding out.
A Brit recently implored me at a dinner party: Can your country start b...
Is It Better to Be Rich in Europe or in America?
America remains the best country in the world to get rich. Some see this as cause for celebration , while others view it as evidence of a broken capitalist syst...
HBO’s ‘Lanterns’ Is an Antidote to Superhero Fatigue
Green Lantern might not mean much to the uninitiated, except perhaps as the cinematic speed bump that nearly derailed Deadpool star Ryan Reynolds’ superhero car...
Green
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Indiana Gets Federal Disaster Aid After Storms Kill Five
At least five people died in Indiana amid severe storms and floods, with President Donald Trump approving an emergency declaration for the inundated Midwestern...
Belgian Firefighters Battle Record Blaze Near German Border
Emergency services were attempting to control a large wildfire in the east of Belgium on Sunday, after the blaze destroyed about 2,700 hectares (6,700 acres) of...
Lala Veers from Hawaii’s Big Island, Easing Landfall Threat
Hawaii’s Big Island avoided a direct hit from Lala as the storm passed offshore Saturday, easing a threat that had raised the prospect of the island’s first hur...
‘Horrific’ Conditions Grip UK Hospitals Unprepared for Heat
“Horrific, horrendous, unbearable, unsafe.”
That’s how medical professionals describe the impact of this year’s heat waves on Britain’s healthcare system, in r...
Fixed Income
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Zambia’s President Hichilema Maintains Lead in Reelection Bid
Zambia’s president held a solid lead over his main electoral rival as he seeks to extend his rule of the copper-rich southern African nation.
Hakainde Hichilem...
Hong Kong’s First-Half Air Passenger Traffic Up 11.7%, Chan Says
Hong Kong’s airport passenger traffic jumped 11.7% on year in the first half, as the Asian financial hub hosted a variety of events and attracted more visitors,...
China Revises Timing of July Economic Data Release, Briefing
China revised the release time for its July economic data to 3 p.m. Monday, breaking with recent practice.
The National Bureau of Statistics updated its schedu...
Australia’s New South Wales to Start Gun Buybacks in November
The Australian state of New South Wales will start a gun-buyback program in November following last year’s killings in the Sydney suburb of Bondi.
Gun owners i...