The Week the Cracks in the AI Trade Grew Deeper
Intel suffered worst-ever daily decline as investors' anxieties hit new highs.
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Cryptocurrencies Pare Losses After $6.3 Billion Hack Spooks Markets
Bitcoin and Ethereum clawed back some ground after tumbling more than 3% each on news of the major breach at the world's biggest crypto exchange.
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U.S. Stocks Slide as Amazon, Intel Earnings Spark More AI Selling
U.S. stocks fell as the artificial-intelligence selloff began to feed on itself following more disappointing earnings reports from Amazon and Intel, leaving investors to wonder if the tech correction could become a speculative bust.
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Fed Needs to Implement at Least Two More Rate Increases, Dallas Fed's Logan Says
Dallas Fed President Lorie Logan said at least two more 25-basis-point rate increases are needed given the current economic outlook.
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Fed's Musalem Says Additional Firming of Monetary Policy Will Be Necessary, and Soon
St. Louis Fed President said that incremental adjustments to policy made earlier are usually less disruptive than larger, and abrupt actions taken later.
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Oil Prices Rise as Middle East, Ukraine-Russia Conflict Fuel Supply Worries
Oil prices rose with the market on edge about possible military escalation in the Middle East, while an attack on a tanker in the Strait of Hormuz, Houthi claims of more attacks on Saudi refineries and a Ukrainian strike on a Russian refinery fed supply concerns.
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Global Bond Yields Fall Sharply in October Amid Flight to Safety
Global bond yields were poised to end October sharply lower as a flight to safety revived demand for government debt, even as markets braced for higher short-term borrowing from the U.S. Treasury.
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Canada Deems Vancouver Port Expansion a National Priority in Bid to Diversify Trade
Canada argues that the proposed expansion at the nation's busiest port is necessary for the country to meet its goal of doubling non-U.S. exports by 2035.
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Canada GDP Seen Dipping After Two Flat Months
Canada's economy cooled in the latest quarter after activity unexpectedly stalled two months running and early data points to a slight contraction in September.
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Eurozone Economy Slows as French Debt Worries Mount
The economy slowed in the face of high energy prices, while France's economy contracted-deepening concerns over the government's debt load amid political paralysis.
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Bank of Japan Declares Inflation Win, Clearing Way for Rate Hikes
Friday's hold was widely expected, giving more time for previous hikes, including one in September, to feed through to the economy.
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BOE Survey Points to Faster Price Rises, But Slowing Wage Growth
Businesses expected the prices they charge to rise by 3.8% over the coming 12 months, an increase from the 3.7% expected in September.
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Ukraine Hits Russian Oil Refinery, Ending Pause and Defying Trump
The first strike on a Russian oil refinery in two weeks comes after Russian attacks killed 27 civilians on Thursday.
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Week Ahead for FX, Bonds: U.S. Midterms, Jobs Data in Focus
Outside the U.S., interest-rate decisions are due from the Bank of England, Sweden's Riksbank, Australia's RBA and central banks in Norway, Czech Republic, Malaysia, Brazil and Mexico.
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