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SINGAPORE (Reuters) -Bond markets cheered the selection of fund manager Scott Bessent as U.S. Treasury secretary on Monday on expectations he could keep a leash on U.S. debt, while falling yields ...
The stock and bond markets pulled a sharp 180 this week. After prolonged sell-offs, both rallied on a renewed outlook for Fed rate cuts. A trifecta of events suggests the Fed can be more ...
In commodities, bonds, and crypto: West Texas Intermediate crude oil dropped 0.50% to $77.46 a barrel. Brent crude , the international benchmark, was lower by 0.62%, at $80.79 a barrel.
Rick John Santelli (born July 6, 1956) is an American editor for the CNBC Business News network. [3] He joined CNBC as an on-air editor on June 14, 1999, reporting primarily from the floor of the Chicago Board of Trade. He was formerly the vice president for an institutional trading and hedge fund account for futures-related products.
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
In commodities, bonds, and crypto: West Texas Intermediate crude oil surged 4.06% to $76.92 a barrel. Brent crude , the international benchmark, was higher by 3.82%, at $79.86 a barrel.
Zandi is a regular contributor to The Washington Post [6] and The Philadelphia Inquirer, [7] and is a frequent guest on CBS' Face the Nation, Fox Business, Sirius XM's Wharton Business Daily, C-SPAN, CNBC, [8] NPR, NBC's Meet the Press, [9] CNN, [10] and various other media outlets.
The delinquency rate on commercial real estate loans rose to 1.42% the last quarter, the highest rate recorded in nearly a decade, according to Federal Reserve data. Some forecasters see more ...