A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs.

U.S. stock indexes were mixed, with the Nasdaq under pressure again as investors keep trimming forecasts for rate cuts. Chips also dip on export curb.

Bitcoin is currently trading at more than $93,000 at the time of writing, despite the fact that the world's leading cryptocurrency plummeted over 9% in the past week. "We need to remember bitcoin and crypto generally is a volatile beast,

U.S. consumers' outlook on the expected path of inflation was mixed in December amid rising worries about households' ability to make debt payments, a survey by the New York Federal Reserve showed on Monday.

A New York Federal Reserve survey indicated that U.S. consumers’ inflation expectations rose over the medium term but declined over a five-year horizon. According to the December 2024 Survey of Consumer Expectations conducted by the Federal Reserve Bank of New York’s Center for Microeconomic Data,