Tag: Breaking News: Economy
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Treasury yields inch lower as investors look ahead to key inflation data
U.S. Treasury yields inched lower at the start of the week as investors look ahead to a busy week of economic data, particularly key inflation data.
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CNBC Daily Open: Record heatwaves hit Europe’s already expensive summer
German inflation figures and U.K. GDP will show just how deeply months of elevated energy costs have seeped into prices, and how much growth has taken a hit.
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U.S. reaffirms grip on Hormuz blockade, turning away 55 ships as talks stall
The escalating tally underscores how far the two sides remain from resolving a crisis that has choked the Strait of Hormuz for more than five months.
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CNBC Daily Open: Washington and Tehran both play it cool — but markets can’t
September rate-hike chances have fallen, but a hot inflation print or renewed disruption in the Strait of Hormuz could put them back in play.
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Falling long-term unemployment isn’t good news, economists say — what it means for jobseekers
Unemployment appears to have fallen due to an exodus of workers from the labor force, which would be bad for household finances and the economy.
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Stocks making the biggest moves midday: SpaceX, Coherent, Atlassian, Airbnb, Trade Desk & more
Here are some of the companies making headlines in midday trading.
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Trump teased an Iran deal that didn’t come, but markets soared. Here’s why it keeps happening
As oil reserves and munitions stockpiles reportedly dwindle, analysts wonder how much longer markets will pounce when the Trump admin. dangles an Iran deal.
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Here are three key takeaways from the disappointing July jobs report
Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals.
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U.S. economy unexpectedly lost 23,000 jobs in July
Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate held steady at 4.2%, according to the Dow Jones consensus.
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Iran’s chief negotiator accuses Trump of ‘theater diplomacy’ with Hormuz traffic near standstill
The conflict is broadening across the region, with Gulf energy infrastructure and key shipping chokepoints under renewed threat.
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