Global bond yields cratered in the wake of U.S. Donald Trump’s tariff announcement last Wednesday, as investors hunt for any safe havens amid the stock market sell-off — but economists warn the rally may not be sustainable if inflation concerns weigh. The yield on Germany’s 10-year bund — the benchmark for the euro area —…
The Phillips 66 Company’s Los Angeles Refinery in California. Bing Guan | Reuters The oil price outlook is being hit with more bearish forecasts on the back of U.S. President Donald Trump’s sweeping and market-hammering tariff announcements. Businesses and investors worry that a trade war and lower global growth lies ahead. Goldman Sachs on Thursday…
U.S. President Donald Trump gestures as he walks to board Air Force One to depart Washington from Joint Base Andrews in Maryland, Feb. 28, 2025. Kevin Lamarque | Reuters “Tariffs” may be the most beautiful word in the dictionary for U.S. President Donald Trump, but it is one that stokes fear in investors. Risk-on assets…
As one of CNBC’s resident Eagles fans, I was appalled to open my inbox earlier this week to find an email chain with the subject line, “Why the Bulls Hate the Birds.” Circulating among my colleagues was data from Carson Group chief market strategist Ryan Detrick, who pointed out that Philadelphia Super Bowl and World…
Amazon Prime and UPS trucks are seen on a building in Washington DC, United States on July 12, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon,…
A sociable sunfish who was reportedly missing its human audience during a temporary closure of its aquarium in Japan has been comforted in an unorthodox way. In a photo posted by the Kaikyokan aquarium in Shimonoseki, Yamaguchi prefecture, the sunfish is seen swimming in front of photos of human faces attached to a row of…
The body of an Indian journalist who had reported on alleged corruption in the country has been found in a septic tank in Chhattisgarh state. Mukesh Chandrakar, 32, went missing on New Year’s Day and his family registered a complaint with the police. His body was found on Friday in the compound of a road…
