Corners of the consumer and corporate market are beginning to feel the pain from the Federal Reserve’s ultra-aggressive rate hikes, even though broader macroeconomic indicators are still showing signs of strength, says Apollo’s Torsten Slok.
Pushing the country a step closer to general elections, Pakistan’s Prime Minister Shehbaz Sharif said he will hand over power to a caretaker government next month.
A new study says countries on the continent need better building efficiency to adapt to warmer temperatures.
Africa’s biggest bank is watching developments in crypto currencies but isn’t jumping into the market.
US shoppers spent $12.7 billion online during Amazon.com Inc.’s 48-hour Prime Day, up 6.1% from a year ago but short of estimates for 9.5% growth, according to Adobe Inc.
The bond market’s re-energized bulls may want to dial down their excitement, because their fortunes hinge on whether an abstract, almost elusive number, is as low as they assume.
The world’s largest agricultural commodities trader is behind a sharp move that upended the London cocoa market.
To money managers, bonds tied to a failed airport project in Mexico increasingly look like a sure thing.
Russia is finally cutting crude exports, at the most advantageous moment possible.
Walt Disney Co. Chief Executive Officer Bob Iger said his leadership role was extended for another two years because he found more challenges facing the media giant than he initially expected.
