Bond markets steady after sell-off despite strong US data
Oil prices rise after falling earlier in the day
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Private sector jobs rose by 90,000 in September, better than expected, ADP reports
Private job creation picked up in September after a brief slowdown.
AI debt surge raises risk of sharp market correction, warns Bank of England
Governor says regulators ‘cannot stand aside’ and assume AI industry will resolve the risks it presents to financial system stability
KKR warns of growing credit market risks from AI borrowing spree
Investment firm wary of risks of ‘overexposure’ and ‘concentration’ and predicts broader volatility if there is a downturn in booming sector
Trump’s coal drive plays into Beijing’s hands
Agreement on Chinese coal purchases reflects the administration’s misplaced focus