U.S. stocks fell as the brief calm in the bond market evaporated.

A rise in oil prices on Thursday is sending worries about inflation and yields in the bond market higher, erasing some of the relief the U.S. Treasury Department created the day before

Walmart posted weak earnings Thursday, while Target and other major retailers reported strong sales this week, offering a mixed picture of the American consumer.

Walmart reported another strong performance in the second quarter Thursday, but that was overshadowed by a more cautious outlook for the year

Iran vowed its response to any new American threats would be “devastating” after Donald Trump promised the strongest-ever sanctions against the Islamic Republic, and penalties for countries providing “any type of lifeline”.

Iran's foreign minister dismissed President Donald Trump's threat of major economic consequences for countries supporting Iran, calling it a distraction. U.S. military officials said the Navy is helping escort some oil-carrying vessels through the Strait of Hormuz as tensions in the region continue.

Global shares rebounded and bond yields eased after Washington's debt buyback announcement, while oil held near multi-week highs amid the deadlocked US-Iran standoff View on euronews

Trump vows a “crushing” economic operation against Iran as the U.S. Navy helps oil tankers navigate the Strait of Hormuz.

Israel is being urged to end plans to construct a settlement in the occupied West Bank that would effectively divide the Palestinian territory in two.

The UK, France, Germany, Italy and Canada say the project to build 1,200 settlement homes is “unacceptable”. Labour MP Zubir Ahmed tells us there should be sanctions against companies trading with settlers.

Six European leaders decried Israel’s latest plan to expand settlements in the occupied West Bank as “unacceptable” and called on companies to refrain from bidding on construction tenders.

Israel sharply criticized the UK after London voiced opposition to the Jewish state’s support for settlements in the occupied West Bank.

A key regional price benchmark for aluminum delivered to the US market tumbled after the Trump administration indicated it would lower tariffs on certain Canadian exports of aluminum.

For steel and aluminum, different rates could apply to some derivative products that include those metals, said some of the people, who requested anonymity to discuss terms of the agreement before it is announced.

The US likely will lower tariffs on Canadian steel and aluminum from 50% to 25% as part of a trade framework being devised by the two countries, Bloomberg and others reported.

The U.S. is likely to lower tariffs on Canadian steel, aluminum and automobiles as part of a trade framework being devised by the nations, according to people with knowledge of the negotiations. Though the deal hasn’t been finalized,

The US national debt has soared to $40 trillion - a record high.How does that figure affect the lives of everyday Americans?This episode was produced by Megan Lim, with audio engineering by Ted Mebane.

Federal debt has mounted amid tax cuts and trillions in pandemic spending, adding to the nation's interest payments.

Fox Business' Stuart Varney highlights the U.S. national debt topping $40 trillion. Fox Business correspondent Edward Lawrence reports on fiscal spending.

America’s national debt has hit a record $40tn as borrowing rises at a historic pace, despite Donald Trump’s vow to rein in government spending. Gross federal debt hit the mark on Tuesday, according to Treasury department data released on Wednesday afternoon.

Banca Monte dei Paschi di Siena said it is launching all-share bids for Italian peers Banco BPM and Banca Generali with a total value of $39.73 billion.

Monte dei Paschi di Siena is preparing twin bids for Banca Generali and Banco BPM, in a bold move as it races to fend off a hostile takeover by Intesa Sanpaolo. Two people close to the Italian bank said on Thursday that a majority of its board had backed a plan that would create a banking group with a combined market valuation of about €70bn.

Mps has cleared a twin swap bid for Banco Bpm and Banca Generali, worth about €34 billion, to counter Intesa Sanpaolo and forge a new Italian bank with European weight. View on euronews

Crunching two banks together is challenging, and takes time; to attempt the same feat with four calls for some truly magical thinking