Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Boris Johnson will be meeting President Donald Trump to discuss a potential post-Brexit trade deal just as he tries to court EU leaders for a new withdrawal agreement.World Politicsread more
U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Accountants in Hong Kong took to the streets on Friday to call for the government to accept five demands of the people, including the complete withdrawal of a now-suspended...China Politicsread more
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.Asia Politicsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
The unlikely alliance would in theory enjoy a relatively comfortable majority in the parliament's lower house but would rely on a handful of sympathetic but unaligned...Europe Politicsread more
Bank Indonesia on Thursday cut its key policy rate by 25 basis points to 5.5% to support growth amid an increasingly fragile global economy.Central Banksread more
Meanwhile, investors look ahead to Fed Chair Jerome Powell's speech at a yearly central banking symposium in Jackson Hole, Wyoming.Asia Marketsread more
The U.S Energy Information Administration (EIA) says Australia is on track to consistently export more LNG than Qatar.Oil and Gasread more
U.S. government debt yields were little changed Thursday following latest jobless claims numbers.
At around 10:21 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 2.522%, while the yield on the 30-year Treasury bond was also higher at 2.946%.
Investors are tracking earnings, with bond traders weighing up whether the Federal Reserve could perhaps return to a more hawkish stance if conditions look to be improving for large businesses in the country.
The number of Americans filing for unemployment benefits rose by the most in 19 months last week, the Labor Department said Thursday.
Initial claims for state unemployment jumped 37,000 to a seasonally adjusted 230,000 for the week ended April 20, according to the government report, the largest increase since early September 2017.
In terms of auctions, the U.S. Treasury is set to sell $32 billion in seven-year notes Thursday, $50 billion in four-week bills and $35 billion in eight-week bills.