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Politics
Treasury doubles debt buybacks as Bessent moves to steady bond market
The Treasury Department on Wednesday said it will more than double the size of its government debt repurchases, sending yields sharply lower at a time of substantial market stress.With fixed income markets under pressure and yields…
Treasury yields pull back ahead of FOMC minutes
Treasury yields pulled back slightly on Wednesday from multi-year highs seen in the previous day, as a sell-off at the long end of the curve eased investor jitters. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S.…
Moderna, Merck cancer vaccine shows initial late-stage melanoma data
An experimental personalized cancer vaccine from Merck and Moderna showed positive initial results in its first-ever late-stage trial, the companies announced Wednesday, bringing them one step closer to filing for approval of the…
Key risks facing the greenback
Growing fiscal risks, softer economic data and uncertainty over Federal Reserve policy could intensify pressure on the U.S. dollar, despite recent strength, according to currency strategists.Higher U.S. bond yields have helped support…
Zelenskky faces call from Fedorov for presidential election
Protesters carry placards as they march during a rally calling for a reform of the defence sector and the reinstatement of the young and tech-savvy defence minister Mykhailo Fedorov, who was sacked a mounth ago, in central Kyiv on August…
Spain’s Deoleo shares surge as olive oil maker draws takeover interest
Shares of Spain's Deoleo jumped over 17% on Wednesday morning amid an intensifying takeover battle for the world's largest olive oil bottler and marketer.The stock move comes amid reports that Spanish agri-food cooperative group Dcoop…
Iran weighs attacks on military targets in Europe if war escalates: FT
Iran has considered attacking U.S. military targets in Europe if the war escalates, the Financial Times reported Wednesday, citing two regime insiders. U.S. assets in Bulgaria and Cyprus were weighed as potential targets, according to…
CNBC Daily Open: Robots rising, tariff turnaround and yield nerves
Chinese robot maker Unitree rises around 500% on its debut day of trade amid continued geopolitical tensions and a bond market rout, keeping stock markets in check.
Read More: CNBC Daily Open: Robots rising, tariff turnaround and…
Trump puts ‘open’ sign on Hormuz. But traffic is barely trickling
U.S. President Donald Trump speaks to reporters before boarding Air Force One on August 14, 2026 at Joint Base Andrews, Maryland. Samuel Corum | Getty Images News | Getty ImagesHello, this is Hui Jie writing to you from Singapore.…
California AG Bonta says Meta case about restitution and distortion
Meta Platforms CEO Mark Zuckerberg departs the office of U.S. Majority Leader John Thune (R-SD) following a meeting at the U.S. Capitol in Washington, D.C., U.S., March 26, 2026.Nathan Howard | ReutersFollowing the first day of arguments…