International Business Times - Business News, Financial news

NYSE

Bond Yields Rose And U.S.-Iran War Escalated Again. Stocks Fell.

Iran retaliated to U.S. attacks, saying they seek to "tighten the lock" on the Strait of Hormuz.

U.S. Strikes Iran Again In The Strait Of Hormuz. Tehran Vows 'Harsh Punishment.'
Global Inflation Remains Sticky. Bond Markets Around The World Continue Their Rout.
Two Tankers Have Been Hit In The Hormuz Strait. Trump Is Considering Renewed Strikes Against Iran.

U.S. Strikes Iran Again In The Strait Of Hormuz. Tehran Vows 'Harsh Punishment.'
"Harsh punishment awaits the aggressors. The United States will regret its new attacks," an IRGC spokesman said.
Another Fed Member Strikes A Hawkish Tone, Says He Will Support A Rate Hike If Inflation Remains Sticky
Michael Barr, who votes on FOMC decisions, said he's concerned about "broader price pressures taking hold."
Tankers Were Hit Again In The Strait Of Hormuz. Oil Is Soaring Further.
The U.S. is reportedly considering renewed strikes against Iran in the Strait of Hormuz to prevent the country from rebuilding capabilities.
Two Tankers Have Been Hit In The Hormuz Strait. Trump Is Considering Renewed Strikes Against Iran.
The strikes would be aimed at preventing Iran from rebuilding radar and missile capabilities around the waterway.
Energy Prices Push Euro Zone Inflation Above 3% Inflation Again. Interest Rate Hikes Could Follow.
The euro area is a net importer of energy and is heavily impacted by soaring prices.
U.S.-Venezuela Oil Deal Includes 100-Year Concessions For Washington-Backed Company
NABEP is the second-largest private oil producer in Venezuela, and has given the U.S. Department of War's Office of Strategic Capital an equity stake of 35% in its corporate parent.

Latest News

THE BOTTOM LINE

Chatbots Are Getting Better At Spotting Suicide Risk, But Significant Gaps Still Remain: Study

The findings are based on more than 50,000 simulated conversations involving users experiencing severe mental health crises.

The Spotlight

The massive miss on jobs creation fanned fears about the US economy

The Job Market Is Stable But Workers Say It Feels Frozen: Report

Washington Wants To Limit Chinese AI Models. One Of Them Helped Contain OpenAI's Cyber Incident.

Economy in Focus

Global Inflation Remains Sticky. Bond Markets Around The World Continue Their Rout.
The selloff reached U.S. Treasurys and European debt as investors worried that another energy-price shock could keep inflation and interest rates higher for longer.
- U.S. And Iran Trade Strikes Again. Oil Prices Soar.
- Falling Oil Prices Are Putting Pressure On African Exporter Budgets Across The Continent. But The Real Strain Is Showing In Nigeria's Heavy Dependence On Crude Revenue.
Stocks Fell On Monday As U.S.-Iran Tensions Flare Up Again, But End August In The Green
Longer-dated Treasury yields rose as well.
- Bessent Acknowledges The World Is 'Awash In Debt,' Claims Only Way Past Is 'To Grow Our Way Out'
- Trump Admin To Further Escalate Economic Pressure On Iran: 'Financial Violence If We Have To'

Editor's pick

Representation of Ethereum, with its native cryptocurrency ether, is seen in this illustration taken November 29, 2021.

Ether Just Erased Four Months Of Losses. Now $2,465 Is The Level To Watch.

Technical indicators show ether approaching a key resistance level after its sharp rebound, while U.S. spot ether ETFs have also drawn fresh investor money.

Mike Nithavrianakis

Contributor

From One School Visit to a Global Run for Education

Former British diplomat Mike Nithavrianakis is turning a lasting connection to Pakistan into a global marathon campaign to raise $1 million for children's education.

Contributor
The Platform That Just Put Stocks, Crypto And Gold Under One Roof Is Changing Retail Investing
Investors have become more flexible in the investments they choose, yet the platforms serving them have often remained divided by asset class.
Contributor
How Companies Are Replacing the Commission Spreadsheet — And What It Costs Them to Wait
The easiest way to calculate sales staff pay accurately is to stop calculating it by hand. Sales compensation software automates the calculation, tracking, and payout of variable pay for sales teams by reading deal data directly from the CRM, holding the compensation plan as structured rules, and keeping a record of how every payout was produced.

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.

Justice Crane's $1.5 Million Error: Rent Is Not a Contract Payment
IBT challenges Justice Melissa Crane's ruling that Newsweek repaid a $1.5 million debt through rent and third-party expenses, arguing the payments never satisfied the contract.
Reported Documents Reveal An Expanding Deportation Campaign. ICE Is Sending Afghans and Latin Americans to Africa.
Pete Hegseth Warned That Extending The War In Iran Is Unsustainable And Could Weaken U.S. Forces Elsewhere: Report

Russia Promises To Increase Hits On Ukrainian Energy Infrastructure. Concerns Of a Winter Offensive Grow.
Moscow claims it is planning to conduct "massive strikes" against Ukraine's energy infrastructure in response to ongoing drone attacks against Russian economic targets.
Putin Reportedly Believes He Will Be Killed If He Doesn't Achieve War Goals: 'They Will Hang Me'
U.S.-Iran Hostilities Resume. Trump Again Threatens To Target Key Island For Tehran's Oil Exports.

Trump Warns Cities Against Rejecting Data Centers: China 'Could Not Be Happier' With Growing Opposition
Trump described data centers as a "Golden Goose" for the U.S. economy.
Meta Is Testing Robots Inside Its Data Centers. Machines Could Take Over 80% of Some Workers' Tasks.
Music Publishers Sue Anthropic, Claim The Company Pirated Copyrighted Material To Train AI Models