Oil rebounded from a three-week low as tightening supplies took center stage, at least temporarily sidelining the concerns about the Chinese economy and US monetary policy that had spurred a three-day drop.
Global government bond yields extended their climb — with the US 30-year reaching the highest point since 2011 and other benchmarks returning to 2008 levels — as resilient economic data challenges the view that central bank rates are peaking.
The US escalated its complaint that Mexico’s ban on genetically modified corn violates the nations’ free-trade deal, heightening tensions between neighbors.
Amazon.com Inc., looking to amp up its TikTok-like shopping feed, has called on influencers to make hundreds of videos apiece. But its offer of $25 a pop — about a tenth of the going rate — was widely mocked on social media.
Fulton County District Attorney Fani Willis ventured where US Justice Department Special Counsel John “Jack” Smith chose not to go: She not only charged Donald Trump but also 18 of his allies over efforts to overturn results of the 2020 election.
Donald Trump and some of his top administration officials and associates were indicted in Atlanta over efforts to overturn the results of his 2020 election defeat in Georgia, the fourth criminal case against the former president as he campaigns for the White House.
Honest Co. hired Carla Vernón, a veteran of Amazon.com Inc., to guide the consumer-products startup out of rough waters. Her turnaround bid relies largely on the e-commerce giant’s biggest rival: Walmart Inc.
The $1.5 trillion private credit market just set a fresh record for the largest loan in its history. With growing firepower, direct lenders are poised to take ever more deals away from banks and from the junk bond and leveraged loan markets.
The US set preliminary tariffs of more than 100% on tin-plated steel products from China, along with smaller duties on imports from Canada and Germany, in a move likely draw support from US steelmakers amid concerns about inflation of everyday products like canned foods.
Europe is bracing for the possible influx of a drug that’s hooked the Middle East as political shifts and crackdowns in the Gulf spur producers in Syria and Lebanon to tap new markets.
