Chip Stocks Deepen Losses as Concerns Mount Over Rates, AI DebtBloombergUnited States of AmericaEconomic dataA rout in global technology hardware stocks extended Thursday, as Asian chipmakers followed US peers lower on worries over Federal Reserve interest rate hikes and AI funding difficulties.
Gold Holds Loss as Hot Inflation Lifts October Rate-Hike BetsBloombergUnited States of AmericaEconomic dataGold held a decline as a jump in US inflation stoked worries the Federal Reserve will have to raise interest rates further to keep prices under control.
Asian Stocks to Fall as Hot CPI Sparks US Selloff: Markets WrapBloombergUnited States of AmericaEconomic dataAsian stocks were set for declines, tracking a tech-led Wall Street selloff after hotter-than-expected US inflation fueled bets on more aggressive Federal Reserve rate hikes.
Can China’s coal industry ride to the rescue of a world in oil shock?South China Morning PostPeople's Republic of ChinaEconomic dataBe warned. The global economy is likely to experience a recession next year. War across the Middle East is set to escalate, wrecking energy supplies for many years, even as the artificial intellige...
Why Inflation Numbers Are DisappointingBloombergUnited States of AmericaEconomic dataWhile inflation numbers might not be disastrous, they’re still disappointing and moving in the wrong direction. Bloomberg Opinion columnist John Authers explains where this leaves the US, and if it...