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Fed Rate Hike Looks Locked In After Hot CPI

Gold is building on the previous recovery from one-week lows near $4,350 early Thursday, stretching beyond $4,400. Gold buyers now look forward to the US Producer Price Index (PPI) and Consumer Price Index (CPI) data du…

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The CPI Surprise Looks Worse Than the Inflation Trend

Headline inflation edged higher in September, reaching 2.4% year-over-year, up from 1.9% in August, slightly exceeding our expectations for a 2.3% reading. The acceleration was concentrated in a smaller decline in energ…

World

US Debt Trap: A Crisis Without a Calendar

With a pin of Javier Milei’s signature chainsaw affixed to her jacket, Managing Director of the International Monetary Fund Kristalina Georgieva threw her support behind Argentina’s new administration in Washington last…

World

UK economy extends growth streak as July GDP beats forecasts

Britain’s economy grew at the fastest annual pace in 18 months in July, with gross domestic product 1.6% higher than a year earlier, according to Office for National Statistics figures released on Friday.

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Vistra prices $1.5 billion junior subordinated notes offering

IRVING, Texas, Sept. 10, 2026 /PRNewswire/ -- Vistra Corp. (NYSE: VST) (the "Company" or "Vistra") announced today the pricing of an underwritten public offering (the "Offering") of $850 million aggregate principal amou…

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Alstom to build new battery-electric train fleet

Work to create the UK's first battery-electric trains for long-distance main line services is set to begin in 2028, the Department for Transport (DfT) has announced.

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ECB Remains Focused on the Here and Now

At the turn of the year 2025-26, economic growth surprised on the upside while financial market sentiment remained strong despite high uncertainty. The war in the Middle East is now putting this resilience to the test. …

World

ECB Hikes Interest Rates by 25bp to Bring Deposit Rate to 2.5%

European Central Bank (ECB) Executive Board member Isabel Schnabel said on Tuesday that the ongoing conflict in the Middle East, persistently high energy costs, and surprisingly strong Eurozone economic performance mean…