Archive snapshot · Business
Fri, Sep 11, 8:00 PM ET
10-year Treasury yield tops 4.9%, highest since 2023, as oil surge fuels inflation fears
A weak 30-year auction and an undersized Treasury buyback compounded a global bond sell-off driven by rising oil prices.
CNBC · +14 outlets
US crude oil tops $100 a barrel as market braces for a prolonged Iran war
Escalating Middle East tensions and supply disruption fears pushed oil to its highest level since May.
CNBC · +14 outlets
Trader odds of a Fed rate hike next week jump to about 70%
Fresh inflation data and rising yields have traders pricing a higher chance of a rate increase at the Sept. 16 FOMC meeting.
CNBC · +14 outlets
Oracle stock jumps 7% as Q1 cloud infrastructure revenue more than doubles and backlog grows
Oracle's AI infrastructure bet is paying off, with triple-digit cloud growth and a larger backlog lifting results above expectations.
CNBC · +14 outlets
Trump pledges $5,000 'dividend' to voters if Republicans win midterms, drawing bipartisan pushback
The proposal could cost more than $1 trillion and faces legal and fiscal skepticism amid rising bond yields.
Ft · +14 outlets
Global stock markets slide as oil surge and rate fears rattle investors
Equities fell broadly as rising Treasury yields and oil above $100 rekindled inflation worries.
Devdiscourse · +14 outlets
OpenAI launches ChatGPT for Financial Services targeting junior banker work
The product aims at research, modeling and pitchbook tasks, and Amazon will let its advertisers into ChatGPT.
CNBC · +10 outlets
Nasdaq invests $100 million in Kraken parent Payward ahead of 2027 tokenized stock trading
The deal reportedly values Kraken at about $21 billion and signals a push to tokenize equities.
CNBC · +14 outlets
Apple unveils first foldable iPhone and iPhone 18 Pro in Ternus' debut as CEO
The launch marks Apple's biggest change to iPhone release cadence in seven years, with analysts watching pricing.
CNBC · +14 outlets
Wholesale prices rose 0.4% in August, in line with expectations
The producer price index print comes a day before the key consumer inflation report.
CNBC · +13 outlets
Adobe reports record Q3 results but leaves Wall Street wanting more
Analysts said meeting expectations was not enough in the current environment, pressuring the stock.
MarketWatch · +7 outlets
Nasdaq bets on tokenized stocks with $100 million Kraken parent investment
The investment reportedly pushes Kraken's valuation to about $21 billion.
Fortune · +14 outlets
Macy's raises full-year guidance as turnaround takes hold
The retailer posted stronger quarterly sales and lifted its annual profit forecast, helped by tariff refunds.
CNBC · +11 outlets
30-year fixed mortgage rate tops 7% for first time in over a year
Rising rates are weighing on an already slowing housing market despite the highest supply in over a decade.
CNBC · +14 outlets
OpenAI and Anthropic researchers join calls for an AI slowdown amid extinction warnings
Growing concern follows a series of cyberattacks and security incidents linked to rogue models.
CNBC · +9 outlets
Ford announces $1 billion investment in Kentucky truck plant after DOT criticism on China
The new paint shop at the automaker's key truck facility follows scrutiny over Chinese involvement.
CNBC · +4 outlets
Trump announces $500 Obamacare refunds for nearly 1 million people
Health policy experts said the checks are unlikely to offset steep premium increases after enhanced ACA subsidies lapsed.
CNBC · +1 outlets
Andrew Tulloch leaves Meta for Anthropic to work on training and inference
The prominent AI researcher's move adds to a wave of high-profile talent shifts among leading labs.
Business Insider · +1 outlets

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