The European Central Bank lifted its key interest rate to 2.5%, responding to a fresh surge in inflation across the eurozone. The move signals that policymakers...
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October 16, 2026
Year: 2026
Tech Stocks Slide as Treasury Yields Rise and Strait of Hormuz Tensions Flare
Technology shares pulled back in recent trading as climbing Treasury yields weighed on growth stocks and fresh concerns over the Strait of Hormuz added a layer...
ECB Raises Rates by a Quarter Point as Energy Costs Keep Inflation Elevated
The European Central Bank lifted its key interest rates by 25 basis points, pressing ahead with its effort to bring stubborn, energy-driven inflation back under control...
U.S. Job Growth Slows Sharply in December as Unemployment Holds at 4.4%
The American labor market ended 2025 on a cautious note, adding just 50,000 jobs in December while the unemployment rate stayed at 4.4%. The tepid reading...