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Traders Brace For China’s Property Slump To Drag For Years

By Charlie Zhu and Helen Sun, Bloomberg Markets Live reporters and analysts Three things we learned last week: 1. A multi-year property downturn looks increasingly likely as...

Trouble Ahead: Container Shipping Rates Sinking Further Into The Red

By Greg Miller of FreightWaves It’s not looking good for container shipping lines. Peak season is running out of whatever limited steam it previously had....

‘Higher For Longer’ Reality-Check Wrecks Bonds, Banks, & Big-Tech

'Despite being told - for months - that The Fed wanted to keep rates "higher for longer" and that a 'pause' is not the...

Government Shutdown Could Push Unemployment To 4%, Triggering Recession Start Signal

According to Bloomberg chief economist Anna Wong, online betting markets see a 69% chance of a federal government shutdown starting Oct. 1, when appropriations will lapse...

“Large Number Of Issues Settled”: Strikes At Australian LNG Plants Might End As Early As Friday

Chevron Corp. and labor unions at its liquefied natural gas plants in Australia may be close to resolving labor contract disputes as soon as...

Fed’s Dots Imply Highest Treasury Yields Since 2000

By Ven Ram, Bloomberg Markets Live reporter and cross-asset strategist The resounding selloff in front-end Treasuries we have seen in this cycle isn’t done...

Stocks & Bonds Slammed As Powell Pi$$es In Next Year’s Punchbowl

If you're not confused now, you weren't paying attention. Fed held rates unchanged (as expected) - neutral. Fed increased its growth expectation, lowered its unemployment expectation,...

Wall Street Reacts To The Fed’s “Confused” 2024 Hawkish Shock

In our FOMC preview, we said that the only thing that will matter today was the Fed's 2024 median dot... ... and that's precisely what...

FOMC Leaves Rates Unchanged, Signals Much More Hawkish 2024

Tl;dr: Rates unchanged (in target range of 5.25%-5.5%, a 22-year high) but hawkish-er than expected forecast for rates... but at the same time signaled...

WTI Holds Gains After API Reports Bigger-Than-Expected Crude Draw

Oil prices ended unchanged today as early Azerbaijan angst sent WTI above $92 and some chatter from the Biden admin that draining the SPR...

China Selling Treasuries And Mercedes Selling Cars

By Peter Tchir of Academy Securities The Foreign Holders of U.S. Treasuries as of July 31st was released yesterday. Chinese holdings dropped by $13.6 billion. That...

Azerbaijan Launches Major ‘Ground Operation’ In Karabakh Against Armenians

Azerbaijan's military has attacked areas of Nagorno-Karabakh under Armenian control in a major action which shatters the unsteady regional peace in a significant first since...

US Bank Loan Volumes Dwindled Last Week Despite Sizable Deposit Inflows

A big jump in inflows last week to Money-Market funds (and increased us of The Fed's emergency funding facility) would suggest that banks suffered...

Science

As Antarctic sea ice continues its dramatic decline, we need more measurements and much better models to predict its future

After two seasons of record-breaking lows, Antarctica’s sea ice remains in dramatic decline, tracking well below any winter maximum levels observed …

Flesh-eating bacteria infections are on the rise in the US − a microbiologist explains how to protect yourself

Flesh-eating bacteria sounds like the premise of a bad horror movie, but it’s a growing – and potentially fatal – threat to people. In September 2023, …

Coffee compound improves age-related decline in memory and learning

A new study has found that a bioactive compound found in coffee beans improved learning and memory decline in aged mice. The findings open the door …

Why Einstein must be wrong: In search of the theory of gravity

Einstein’s theory of gravity — general relativity — has been very successful for more than a century. However, it has theoretical shortcomings. This …

Monkeys with Elon Musk’s Brain Chip Died with ‘Tattered’ Brains, Paralysis: Report

Monkeys implanted with brain chips from Elon Musk's Neuralink startup were euthanized when their health worsened after receiving the implant, …

Was the freak ‘medicane’ storm that devastated Libya a glimpse of North Africa’s future?

Storm Daniel landed on the Libyan coastal town of Toukrah in the early hours of September 10 and started moving east. Soon the wind was rising and …

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