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Bonds Are Boring Again. But Political Turmoil Could Change That.
![Bonds Are Boring Again. But Political Turmoil Could Change That.](https://static01.nyt.com/images/2024/07/07/business/07Strategies-illo/07Strategies-illo-mediumSquareAt3X.jpg)
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Wired - Tech
Nothing’s CMF Devices Prove Yet Again Cheap Doesn't Have to Mean Boring
Nothing's sub-brand is bringing its first phone to the US—the $199 CMF Phone 1—along with the Watch Pro 2 and Buds Pro 2. -
BBC News - Top stories
The Papers: 'Change begins' as Labour PM will 'fight until you believe again'
Saturday's front pages lead on Labour's historic election win, as Sir Keir Starmer becomes the UK's next prime minister. -
The New York Times - World
France Could Be Headed for Political Gridlock After Election
Experts said the country could be headed for months of political instability, with the National Assembly divided into three major blocs that appear unable to work with the others. -
BBC News - Top stories
Farage vows to change politics forever as Reform wins fifth seat
Winning five MPs is the first step in “mass movement across the country”, Mr Farage says. -
Financial Times - World
Boom in active bond ETFs could put total inflows on track for $1tn year
Funds have been aided by retail interest, particularly among younger investors -
The Wall Street Journal - World
Centrist-Led French Government Could See French-German Bond Spreads Tighten
If a centrist/technocrat prime minister is installed in France and political uncertainty subsides, the 10-year French OAT-German Bund yield spread is likely to tighten, Nomura said.France -
The Wall Street Journal - World
Euro Seen Rising as Political Risk Priced Out
The euro’s modest rise alongside stock market gains suggest traders aren’t dissatisfied with Sunday’s French parliamentary election result, ActivTrades said. -
The Guardian - World
Voter turnout at general election was lowest since 2001 – politics live
Keir Starmer ‘restless for change’ as he vows to take action on prisons on first full day as PM. UK general election results 2024: live trackerEducation spokesperson for the Liberal Democrats, Munira Wilson, acknowledged the party benefited from ... -
NBC News - Top stories
Beryl weakens to a tropical storm after hitting Mexico but could become a hurricane again as it heads to Texas
Tropical Storm Beryl moved out of the Yucatán Peninsula and into the Gulf of Mexico Friday night, where it is forecast to take a path toward Mexico and southern Texas and regain hurricane strength along the way, forecasters said. -
The New York Times - Top stories
In the U.K. Election, Keir Starmer — the Boring Choice — Wins
Britons are celebrating the end of 14 bleak years of Conservative rule. But the new government must turn things around and fast, or the populists will be back.United Kingdom -
Financial Times - Business
Investors welcome more ‘boring’ UK after landslide win
Market insouciance to electoral result is the greatest form of flattery for StarmerUnited Kingdom -
The Hill - Politics
White House chief of staff Zients reassures staff amid Biden turmoil
White House chief of staff Jeff Zients told aides Wednesday to hold their heads high and tune out the noise as President Biden seeks to reassure Democrats after his rocky debate performance last week. On an all-staff call, Zients acknowledged the ...Joe Biden -
ABC News - World
Cambodia welcomes the Metropolitan Museum's repatriation of looted statues
Cambodia’s culture minister says the return to Cambodia this week of 14 sculptures that had been looted from the country during a period of war and unrest is like welcoming home the souls of ancestors -
Financial Times - World
Nato allies to pledge €40bn for Ukraine amid domestic turmoil
Washington summit to set out limited support package for Kyiv as allies grapple at home with political turmoilUkraine -
The Wall Street Journal - World
Euro Corporate Bond Supply Expected to Decline in Second Half of 2024
Rising geopolitical concerns and the upcoming U.S. elections are likely to limit issuance of euro-denominated corporate bonds in the second half, ING said. -
MarketWatch - Business
French stocks and bonds recover after deadlocked election
French stocks and bonds reversed early declines following the deadlocked election.France -
The Wall Street Journal - World
Bond Yields Rise, Busy Earnings Week Ahead
Investors are awaiting results from JPMorgan Chase and Citigroup, and will also get a fresh insight on inflation. -
The Wall Street Journal - World
Bond Yields Rise, Busy Earnings Week Ahead
Investors are awaiting results from JPMorgan Chase and Citigroup, and will also get a fresh insight on inflation with June’s consumer-price and producer-price indexes. -
Financial Times - Business
France and Britain are changing places
Europe looks leaderless at a time of mounting global threatsUnited Kingdom -
The Guardian - World
‘We knew a banjo house record would annoy the techno bores’: how the Grid made Swamp Thing
‘It was a smash in loads of countries. When we played it at London’s Ministry of Sound club, there was a girl starting at Roger’s banjo like she’d never seen one before’. I met Dave Ball after I went to interview Genesis P-Orridge of Throbbing ... -
Financial Times - Business
The new volatility in British politics
Voters are more willing to shop around and swap parties than in the past -
Financial Times - World
Can the market fix climate change?
Also in this newsletter: French horse-trading, Biden under pressure, inflation slows across EuropeClimate -
The Wall Street Journal - World
Nasdaq Rises After Jobs Report Keeps Rate Cuts in Play
The S&P 500 and Nasdaq Composite were poised to hit fresh closing peaks, after reaching new records ahead of the Fourth of July holiday. The Dow industrials were roughly flat. -
The New York Times - Top stories
NATO Has to Change. Here’s How.
It is increasingly clear that Europeans need to shoulder more responsibility for their own defense. -
The Wall Street Journal - World
U.S. Stock Futures Little Changed
Futures for the S&P 500, Dow industrials and Nasdaq-100 were little changed. -
MarketWatch - Business
Paramount stock and bonds snapped up on report deal with Skydance is back on
The deal between Shari Redstone and Skydance Media that was scrapped a few weeks ago has been revived -
The Guardian - World
Rosarita by Anita Desai review – a haunting tale about family bonds and betrayals
This profound and riddling novel follows a young Indian woman’s quest through Mexico to find out more about her mother. Anita Desai’s riddling and haunted new novel is set in motion when Bonita, a young Indian woman, meets a tricksy figure in a ... -
The Wall Street Journal - World
China's Central Bank Borrows 'Hundreds of Billions' of Yuan in Government Bonds
China’s central bank has signed agreements with major brokers to borrow “hundreds of billions” of yuan worth of government bonds, a move analysts say is likely aimed at stabilizing plummeting long-term bond yields.China -
The Wall Street Journal - World
Week Ahead for FX, Bonds: U.S. Inflation, French Elections in Focus
Investors will monitor whether U.S. prices are easing enough to prompt the Federal Reserve to start cutting rates. In Europe, the aftermath of elections in France and the U.K. will be watched. -
CNBC - Business
Young, wealthy investors turn to alternatives instead of traditional stock and bond investments
If you're a young, wealthy investor, traditional stocks and bonds are probably not at the top of your investment wish list, research finds. -
MarketWatch - Business
Bond yields edge higher with investors focused on inflation, election
Bond yields edged higher on Monday as investors prepared for vital inflation data later in the week. -
ABC News - Entertainment
Cambodia welcomes the Met's repatriation of centuries-old statues looted during past turmoil
Cambodia’s culture minister says the return to Cambodia this week of 14 sculptures that had been looted from the country during a period of war and unrest is like welcoming home the souls of ancestors -
NBC News - Top stories
Cambodia welcomes the Met’s repatriation of centuries-old statues looted during past turmoil
The return to Cambodia of 14 sculptures that had been looted from the country is like welcoming home the souls of ancestors, Cambodia’s culture minister said. -
Yahoo News - World
French vote gives leftists most seats over far right, but leaves hung parliament and deadlock
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ABC News - World
French leftists win most seats in legislative elections, pollsters say. Lack of majority plunges country into turmoil
French leftists win most seats in legislative elections, pollsters say. Lack of majority plunges country into turmoil -
The Wall Street Journal - World
The Trump Prosecutions That Became a Political Gift
How 91 counts that once seemed poised to end his campaign instead made it stronger than ever.Donald Trump -
NBC News - Politics
High stakes for Biden's political survival
The stakes could not be higher as donors and some Democratic lawmakers pull back their support for Mr. Biden. NBC News' Kristen Welker reports.Joe Biden -
The Wall Street Journal - World
Investor Group Raises Macy's Buyout Offer, Again
Arkhouse Management and Brigade Capital Management want to acquire Macy’s shares they don’t already own for $24.80 each, or roughly $6.9 billion. -
The Wall Street Journal - World
German Factory Orders Unexpectedly Fall Again
Manufacturing orders were 1.6% lower in May than the prior month, indicating that the key sector for Germany’s export economy continues to struggle.Germany
More from The New York Times
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The New York Times - Business
New Plan to Target Russia’s Oil Revenue Brings Debate in White House
Treasury officials want to impose penalties on tankers that help Russian oil evade sanctions. White House aides worry that risks making gasoline more expensive.Russia -
The New York Times - Business
Young Couples Move in Together Early to Save on Rent
Citing high housing costs, some couples are sharing apartments after dating for just a short period. Not all relationships survive. -
The New York Times - Business
Students Target Teachers in Group TikTok Attack, Shaking Their School
Seventh and eighth graders in Malvern, Pa., impersonating their teachers posted disparaging, lewd, racist and homophobic videos in the first known mass attack of its kind in the U.S.Tiktok -
The New York Times - Business
Inside the Factory Turning Trash Into Olympic Podiums
To help make the Olympic Games in Paris greener, Le Pavé, a manufacturing start-up, is making podiums and stadium seating out of recycled plastic. -
The New York Times - Business
Biden’s Wall Street Donors Are Increasingly ‘Concerned’
Major backers in finance spent the weekend discussing whether to stick with the president, or to call on him to withdraw.Joe Biden