Markets
- Bank of Japan raises benchmark rates to highest in 30 years, lifting 10-year JGB yield past 2% - The hike comes against the backdrop of rising inflation and a weak Japanese economy.
- Asia-Pacific markets rise as investors await Bank of Japan decision - Asia-Pacific markets rose as investors on look toward the Bank of Japan decision coming out later in the day.
- Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation - Thursday saw the release of a much lighter-than-expected inflation report for November, and economists are already questioning its significance.
- Friday could be a wild day of trading on Wall Street. Here's why - December options expirations are typically the biggest of the year, but this one eclipses all prior records, Goldman said.
- November consumer prices rose at a 2.7% annual rate, lower than expected, delayed data shows - Economists polled by Dow Jones expected CPI to have risen 3.1% on an annualized basis.
- BP names Meg O’Neill new CEO — its fourth in 6 years - BP's share price is up over 15% year-to-date. It made gains in the previous session and after hours trading as investors responded to the news.
- November's inflation report is the first to be released after the shutdown. Here's what to expect - November's CPI report is expected to show the annual inflation rate at 3.1%, according to economists polled by Dow Jones.
- U.S. admits liability in Army helicopter collision with American Airlines jet that killed 67 people - The U.S. admitted fault in the deadly Army Black Hawk helicopter collision on Jan. 29 that killed all 67 people on board.
- Robinhood is rolling out NFL parlay and prop bets on prediction markets platform - Robinhood announced Tuesday that users will be able to trade on National Football League games and player performances.
- Shares of Chinese chipmaker MetaX soar nearly 700% in blockbuster Shanghai debut - Shares of Chinese chipmaker MetaX Integrated Circuits Shanghai soared nearly 700% after raising nearly $600 million in its initial public offering.