Author: franperez66q@protonmail.com
Income investors will continue to enjoy high yields in the second half of 2026 amid the uncertainty around potential Federal Reserve monetary policy, according to Sonal Desai, chief investment officer at Franklin Templeton Fixed Income. On Wednesday, the central bank released the minutes of its June meeting , where it held rates steady and indicated possible hikes ahead due to above target inflation . Meanwhile, Treasury yields remain high , with rising oil prices pushing the benchmark 10-year to 4.59% on Wednesday. “For an income-focused investor, all-in yields are actually quite attractive, whether we’re looking at high yield or we…
Why is Zhipu AI stock surging today? Source link
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Wednesday. This year’s FIFA World Cup isn’t over yet. But as CNBC’s Alex Sherman reports, media companies are already thinking about how to get rights to the next ones.Stock futures fell sharply this morning after President Donald Trump said the U.S.-Iran ceasefire is “over,” reigniting fears of a broader Middle East conflict.The three major averages recorded losses yesterday.Here are five key things investors need to know to start the trading day:1. Eye on oilA sailor observes the oil tanker HELGA, which is moored at one of Iraq’s…
Police are investigating a donation given to Robert Jenrick’s Conservative leadership campaign in 2024, BBC News understands.The Electoral Commission had reportedly been looking at claims £37,500 donated to Jenrick’s campaign originated overseas. That information was passed from the commission to the Metropolitan Police in January this year.The force confirmed it had now launched a formal investigation “concerning donations connected to a political party’s leadership campaign”. Foreign donations to UK politicians are banned under electoral law.The Metropolitan Police has not said who might be caught up in the investigation’s inquiries.Jenrick said the “allegations are entirely false”.”I have had no contact with…
Federal Reserve officials were split last month about the future of interest rates, with policymakers entertaining scenarios in either direction, according to meeting minutes released Wednesday.In Kevin Warsh’s first meeting June 16-17 as chairman of the Federal Open Market Committee, participants saw outcomes where inflation could ease and allow lower rates, while others envisioned a scenario where price increases stay elevated and lead to hikes.During his post-meeting news conference, Warsh billed the debate as a “family fight” that ended with the committee unanimously voting to keep the Fed’s benchmark funds rate anchored in a range between 3.5%-3.75%, where it has…
Asia stocks fall as oil, Samsung drag weighs; Japan chip rally limits broader loss Source link
“The presumption against preemption, therefore, applies to this case, and the Court must analyze whether Kalshi has demonstrated that, in enacting the CEA, it was the ‘clear and manifest purpose of Congress’ to preempt New York’s authority to regulate gambling where a DCM, like Kalshi, offers sports-event contracts on its platform,” Torres wrote. No clear intent from Congress to preempt Torres does not see any clear intent from Congress to preempt New York gambling laws. While the CEA gives the CFTC exclusive jurisdiction over transactions involving swaps on a DCM, it says this power does not “supersede or limit the…
Sir Olly Robbins, the FCDO’s top civil servant, was sacked by Sir Keir Starmer earlier this year over Lord Mandelson’s security clearance. After his removal, Sir Olly there had been an “atmosphere of pressure” and “constant chasing” from Number10 while checks were taking place.In its recommendations, the report said that “no public appointments should be announced or made without the appropriate security clearance first being granted”.The report said documents published about the process suggested officials had taken a “dismissive view” about the need for Lord Mandelson to pass security clearance before taking up his post.In its report, the committee said…
TEHRAN, IRAN – MARCH 10: Smoke rises among the residential buildings following an Israeli attack on Tehran, Iran on March 10, 2025. Israeli army’s announcement of a new wave of attacks on Tehran. (Photo by Fatemeh Bahrami/Anadolu via Getty Images)Anadolu | Anadolu | Getty ImagesOil rose Thursday, after fresh strikes on Iran by the U.S. military raised worries about supply disruptions in the Middle East. Futures for international benchmark Brent crude for September delivery advanced 1.03% to $78.82 a barrel. U.S. West Texas Intermediate futures for August rose 1.06% to $74.29 per barrel.Stock Chart IconStock chart icon Brent crudeThe U.S. Central Command said Wednesday that fresh strikes…
SK Hynix US listing more than seven times oversubscribed, source says Source link