Congress Passes $460 Billion Funding Deal, Avoiding Shutdown

Conservatives irate over lack of major spending cuts in bill Remaining parts of the government now face March 23 deadline The US Senate approved a $460 billion funding package, sending it to President Joe Biden in time to sign before a looming Saturday partial...

Venezuela’s Vice President Rejects Private Deflation Report

Central bank posted lowest monthly CPI in almost 12 years The country is experiencing gradual economic recovery, VP says Venezuela’s Vice President Delcy Rodríguez on Friday rejected the findings of an opposition-led research group that showed consumer prices slipped...

Money-Market Assets Hit Fresh Record for Second Week

Total climbed to $6.08 trillion in the week to March 6: ICI Institutional funds drove outflows from prime segment Money-market fund assets rose to a fresh record high for the second straight week on expectations short-term rates will remain elevated for longer after...

Frenzy Over AI Drives Doubling of Chip Maker Options Trading

Nvidia accounted for 80% of SOX options trades in February Options trading last month jumped sevenfold from year earlier Options trading in semiconductor stocks is exploding as investors bet on the hottest thing in equity markets these days: artificial intelligence....

OECD Warns About Debt Market Danger as Maturity Wall Looms

About 40% of government, corporate bonds mature in three years Debt grows at time when central banks reduce holdings Global bond markets are facing significant challenges as governments and companies have to refinance about 40% of maturing debt in the coming three...