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France's fresh budget battle threatens to topple another government
Source: CNBC
Original reporting
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CNBC
Judge lifts Trump ban on CNN, MS NOW, Politico from White House
District Judge Tim Kelly said the three outlets should have their access immediately restored from the ban that the president had announced on Sept. 18.
The Guardian
Global bond sell-off deepens amid fears US economy may be running too hot – business live
Rolling coverage of the latest economic and financial news Financial markets are now much more confident that the US Federal Reserve will raise interest rates rates at least one more time this year. According to CME Fedwatch , there’s now a 55% chance that US rates are half a percentage point higher by the end of December – implying two quarter-point rate rises (or one beefy hike!). That’s on top of the Fed’s hike earlier this month. The main story is still the huge global bond selloff, with yesterday seeing the biggest jump in the 10yr Treasury yield (+15.2bps) since the market turmoil around Liberation Day in April 2025 . The main driver was a strong batch of PMIs, along with a rebound in oil prices, which both led to mounting speculation about faster rate hikes. Indeed, futures this morning are pricing a 71% chance of a Fed rate hike at the next meeting in October . With unemployment
CNBC
Novo's new strategy hinges on something it can't manufacture: investor trust
Novo has now reached the point where it can broaden its ambitions again, CEO Mike Doustdar told CNBC, but investors remain unconvinced.
The Guardian2 outlets
‘Cash to trash’ levy on house developers too low to offset damage to Norfolk Broads, say critics
Exclusive: Levy that allows almost 16,000 houses to be built on Norfolk Broads will not cover cost of mitigating environmental damage, critics say A new levy on developers to allow almost 16,000 homes to be built in the environmentally protected Norfolk Broads has been cut by tens of thousands of pounds per house, the Guardian can reveal. Ministers say the government’s environmental delivery plans (EDPs) were created to unblock housing growth across the country and are a “win-win” for development and nature. Continue reading...
CNBC
Judge hears arguments on Trump White House media ban, hopes to rule 'soon'
The DOJ on Tuesday night cited national security concerns in justifying President Trump's ban of MS NOW, CNN and Politico from the White House.
CNBC
Tehran takes aim at Canada for not condemning Trump's threat to destroy Iran
Baqaei said that Carney chose to appease Washington by reframing a threat to "annihilate" Iran as merely "speaking the language of war."