U.S. bond yields tumbled on Wednesday as oil’s slide to a four-month low eased inflation fears, although the relief wasn’t felt as much in equity markets and persistent worries over tech valuations pushed the S&P 500 and Nasdaq lower.
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The remarks caused a political row in Italy, where Prime Minister Giorgia Meloni’s government has repeatedly said it did not authorise the use of Italian territory for direct military action against Iran.
Wealthy Polish, American and Gulf-based property buyers are pouring into Spain’s capital Madrid and Costa del Sol seeking luxury refuge from the wars in Ukraine and the Middle East as well as political turmoil in the United States.
The White House is planning to seek more than $1.4 billion in new funds from Congress to address the widening Ebola virus outbreak as soon as Wednesday, according to a Trump administration official.
A U.S. appeals court on Wednesday upheld a court order blocking the Justice Department from obtaining Michigan’s voter rolls, dealing a blow to the Trump administration’s push to boost the federal government’s role in elections.
Qualcomm is expected to use its investor day on Wednesday to lay out a push beyond its core smartphone business into the fast-growing, but highly competitive, market for AI data center chips.
Record heat across Europe has disrupted transport and forced schools and tourist sites to close, with temperatures rising as much as 18 degrees Celsius (32.4 degrees Fahrenheit) above seasonal norms, according to the Reuters Climate Monitor.
Extreme heat in France has killed hundreds of thousands of poultry, overwhelming carcass collection services and prompting authorities to consider on-farm burial in the two biggest poultry-producing regions, agricultural organisations said.
Benchmark oil prices fell more than $3 on Wednesday to their lowest level since before the start of the Iran war as supply concerns eased with more stranded oil tankers exiting the Strait of Hormuz.
Crypto platform Binance intends to stay in the European Union and will make a fresh push for permission to operate there, a senior executive told Reuters, after its application under a new licence regime failed, threatening access for millions of users.