Oil futures settle at their highest level since October

• Bank of Japan Raises Interest Rates to Highest Level Since 2008

  The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation.
  
  The New York Times - 19h

• Store closures hit highest level since pandemic — see who is shutting down the most locations

  The trend reflects the divide between retailers gaining market share, such as Walmart, and those that have lost ground or filed for bankruptcy, like Big Lots.
  
  CNBC - 1d
• 

  Store closures hit highest level since pandemic — see who is shutting down the most locations

  Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly go to a few industry ...
  
  NBC News - 1d

• Oil ends lower after a 3-day rally lifted prices to their highest since August

  Oil futures settled with a loss on Tuesday, giving back some ground after a three-day rally driven in part by a new round of U.S. sanctions on Russia’s oil industry lifted crude prices to to their ...
  
  MarketWatch - Jan. 14

• Oil futures settle at a 5-month high as U.S. tightens sanctions on Russian oil

  U.S. and global benchmark crude-oil prices settled Monday at their highest since August as investors focused on the potential supply hit from further tightening of U.S. sanctions on Russia’s oil ...
  
  MarketWatch - Jan. 13

• 10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report

  U.S. Treasury yields jumped after December's jobs report was stronger than expected.
  
  CNBC - Jan. 10
• 

  UK 10-year borrowing costs hit highest level since 2008

  Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rules
  
  Financial Times - Jan. 8

• Mortgage rates hit highest level since July, crushing application demand

  Total mortgage application volume dropped 3.7% compared with the previous week.
  
  CNBC - Jan. 8
• 

  UK long-term borrowing costs hit highest level since 1998

  Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rules
  
  Financial Times - Jan. 7

More from MarketWatch

• Corporate tax cuts don’t boost the economy — despite what many investors believe

  Raising corporate taxes — not cutting them — frequently delivers faster economic growth.
  
  MarketWatch - 3h

• Target joins Walmart in pulling back on DEI. But this big retailer and its shareholders are staying the course.

  Target said that it was ending its diversity, equity and inclusion goals as it tries to align itself with an “evolving external landscape.”
  
  MarketWatch - 4h

• ‘My retirement is going to be a disaster’: I’m 59 and have $45,000 in my 401(k). I earn $72,000. Am I doomed?

  “My student loans are burying me.”
  
  MarketWatch - 4h

• Trump tariff talk is heating up on Wall Street, signaling a rocky road ahead for investors

  S&P 500 companies’ mentions of tariffs on earnings calls have surged, according to Citi Research.
  
  MarketWatch - 5h

• Trump says there are bigger China threats than TikTok. Here’s where he could be going wrong.

  President Trump this week said “TikTok is largely about kids” and there are bigger threats. China hawks aren’t convinced.
  
  MarketWatch - 5h

More in Business

• 

  Pete Hegseth narrowly confirmed as Trump’s defence secretary

  VP casts deciding vote after three Republican senators break ranks over claims of sexual abuse and excessive drinking
  
  Financial Times - 29m

• We're adding 4 stocks to our Bullpen watch list including a hot steakhouse chain

  We're expanding our Bullpen following this week's January Monthly Meeting
  
  CNBC - 1h

• JetBlue offers some pilots early retirement packages, union says

  JetBlue is offering early retirement to pilots nearing retirement age
  
  CNBC - 1h
• 

  Spirit Airlines Will Prohibit ‘Offensive’ Tattoos and Revealing Clothing

  The airline clarified (somewhat) the attire and appearance that might prevent passengers from being allowed to board or remain on a plane, a move that goes a step further than other major U.S. ...
  
  The New York Times - 2h
• 

  These Companies are Pulling Back on DEI Initiatives

  DEI policies originated as a counterweight to discriminatory corporate practices.
  
  Inc. - 2h