Bloomberg Business

Even as stocks rallied back during the monetary panic last week, big disruptions in the world of Treasuries threaten fresh pain for a host of hedging strategies on Wall Street.

Federal Reserve Bank of Dallas President Lorie Logan said the recent surge in long-term Treasury yields may mean less need for the US central bank to raise its benchmark interest rate again.

For years, Brian Moynihan told investors his bank would be a big winner when interest rates eventually, finally, one day went up. Bank of America Corp. had built a massive deposit base that would allow profits to soar when the Federal Reserve changed course.

Labour will fight the next general election on the economy, shadow Chancellor of the Exchequer Rachel Reeves said, as the UK opposition party targets political ground typically claimed by the governing Conservatives.

Activist investor Nelson Peltz is seeking several board seats at Walt Disney Co. after boosting his stake in the entertainment conglomerate, people with knowledge of the matter said.

There’s fresh evidence from the FTSE 100 today of quite how vulnerable retailers are to unpredictable weather.

Caroline Ellison, the star witness against FTX co-founder Sam Bankman-Fried, is due to take the stand at his fraud trial as soon as Tuesday. Her highly-anticipated testimony will be pivotal in the criminal case and is expected to delve into the inner workings of FTX and sister hedge fund Alameda Research.

Israel ordered the shutdown of a major gas field run by Chevron Corp. in the eastern Mediterranean, citing safety concerns as fighting between Hamas and the Israeli military rages for a third day.