Israel has declared war on Hamas, putting investors on edge as geopolitical risk now adds to the growing list of concerns about risks for the market. One of those risks is the rise in oil prices, which jumped on news of the conflict. The U.S. bond market is closed for Columbus day.3:10 p.m. ET - Jon Alterman - Senior Vice President, Zbigniew Brzezinski Chair in Global Security and Geostrategy, and Director, Middle East Program at CSIS3:50 p.m.
'The whole banking sector is uninvestable': Steve Eisman of 'Big Short' fame warns about mounting challenges for financial institutions. Here's what he's betting on insteadSHANGHAI -Beijing Hyundai Motor has cut the minimum asking price for its auto plant in China's southwestern city of Chongqing by almost 30%, to 2.58 billion yuan , after putting it up for sale in August.
'Everyone is locked in 3% mortgages except millennials': Bank of America data shows this generation is feeling the brunt of elevated interest rates — here's how to limit your financial painOTTAWA — Deciding between a fixed- or variable-rate mortgage has always been a challenging choice for borrowers looking to buy a home or renew a loan, but with interest rates sitting at levels not seen in decades, the stakes are especially high.
-- Friday’s sizzling jobs report is bolstering the probability of another Federal Reserve rate increase this year, adding to pain in credit markets that are already getting hurt by a year-long jump in yields.