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Treasury yields hold near multiyear highs as traders await data, Fed
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 15, 2026. Jeenah Moon | ReutersU.S. Treasury yields held steady near multiyear highs after a sharp sell-off the week prior, as investors look…
China shuts hundreds of banks as Beijing bolsters financial system
China is accelerating its consolidation of smaller, mostly rural banks in a bid to shore up its financial system, amid ongoing concerns over an economic slowdown in the country.Beijing's policy-led consolidation saw a record 670 lenders…
Goldman Sachs’ international CEO urges spending cuts amid bond turmoil
A more stable policy backdrop encompassing lower government spending and stronger economic growth is needed to curb surging borrowing costs, Anthony Gutman, co-CEO of Goldman Sachs International, said on Monday.Speaking with CNBC's…
Russia ramps up attacks on Ukraine as U.S. pushes for peace talks
Police officers look at the damages following a Russian drone strike on the Northern Bridge in Kyiv on October 4, 2026, amid the Russian invasion of Ukraine.Mykola Tymchenko | Afp | Getty ImagesRussia's Defense Ministry has pledged to…
Spain’s PM Sanchez calls snap election after housing crisis protests
Dawn breaks over Puerta del Sol, where more than 1,000 tents have been set up over the past week in front of the Presidency of the Community of Madrid as part of protests against housing speculation and evictions. Marcos Del Mazo |…
America sneezes, Europe starts to catch the cold
The euro steadied near its lowest in a month on Wednesday, nursing steep losses this week as investors counted the cost of the U.S.-EU trade pact. Olena Malik | Moment | Getty ImagesHello, this is Leonie Kidd coming to you from London.…
Aging Western populations set to strain public finances
As Western populations age, fewer workers and higher costs will strain public finances, credit rating agency Moody's has warned. Europe is at the sharp end of the demographic shift. The European Union's population is projected to peak as…
Russia hospitalizes almost 200 people after plague death: reports
A giant Russian national flag flies behind apartment blocks in Saint Petersburg, Russia Feb. 19, 2025. Anton Vaganov | ReutersNearly 200 people have been placed under medical observation in Russia's Irkutsk region in eastern Siberia over…
Surging Treasury yields don’t signal a U.S. ‘fiscal apocalypse’ — yet
A trader works at the New York Stock Exchange on Sept. 2, 2026. NYSEU.S. government borrowing costs have risen to their highest levels in decades, stoking concerns that the country's growing debt burden could eventually trigger a fiscal…
Trump tells South Korea to join Alaska LNG deal or pay more
WASHINGTON, DC - SEPTEMBER 30: U.S. President Donald Trump speaks as he is joined by (L-R) Alaska Gov. Mike Dunleavy, U.S. Secretary of Commerce Howard Lutnick, U.S. Sen. Daniel S. Sullivan (R-AK), U.S. Secretary of the Interior Doug…