“If you look at the rest of the world, there was a noticeable move in 5- and 10-year rates in the U.S., Europe, the U.K., even Japan and Canada,” said Mark Cabana, head of U.S. short rate strategy at Bank of America Merrill Lynch. “We think this is likely a …

President Donald Trump recently said Kim Jong Un is “obviously a madman.” He’s painted the North Korean leader as having a blinding, suicidal hatred of the United States. In Trump’s world, the only reason Kim Jong Un wants to develop nuclear weapons is to destroy America and its allies. This …

Charles Mostoller | Bloomberg | Getty Images Patrick Harker, president of the Federal Reserve Bank of Philadelphia. Philadelphia Federal Reserve Bank President Patrick Harker said Friday he still has “penciled in” an interest rate hike in December, and three more rate hikes next year, despite weak inflation. “Labor markets feel …

“They are, after all, in this together,” she wrote. “Hunter and hunted. Instrument and destiny, for every great pursuit demands the cooperation of both parties. For every Jean Valjean there is a Javert and if either died the other would be desolate. Imagine Ahmed and Rushdie, the perfection of pursuit …

The U.S. Department of Energy on Friday proposed a rule that would change the way regional power markets price electricity, potentially bolstering ailing coal and nuclear plants. The rule would require the organizations to factor in certain characteristics of coal-fired and nuclear power generation when they set prices for electricity. …

Patrick T. Fallon | Bloomberg | Getty Images Hoses connect laboratory emission testing equipment to a red 2016 Volkswagen AG Golf TDI inside the California Air Resources Board Haagen-Smit Laboratory in El Monte, California. Volkswagen is taking a surprise $2.95 billion charge in the third quarter because the effort to …

Brendan McDermid | Reuters Equifax trading information and the company logo are displayed on a screen where the stock is traded on the floor of the New York Stock Exchange in New York. Investigators pursuing leads in the Equifax data breach are looking at the possibility the hackers had help …

Photo From left, Mimi Staker, Meagan Mann, Eliza Blutt and Silas Farley in Troy Schumacher’s “The Wind Still Brings.” Credit Andrea Mohin/The New York Times Five years ago, New York City Ballet’s fall gala became an event for fashion onstage: an annual rendezvous in which new choreography joined new couture. …

Brendan McDermid | Reuters Trading information and the company logo are displayed on a screen where the stock is traded on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 8, 2017. A lawyer for Equifax told the U.S. House of Representatives that the company’s …

Roku’s startling first day surge made it the best-performing IPO this year, but the good times for the company’s shareholders may not last, according to a fund manager and top technology analysts. Its stock jumped 68 percent on Thursday, its first day of trading as a public company. The streaming …