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(Bloomberg) -- Credit Agricole SA is looking to raise capital with a bond that has to be repaid after only a decade, adding to a recent raft of longer-duration instruments as investors look to take advantage of the Federal Reserve’s rate cuts.Most Read from BloombergUnlocking the Hidden Power of Zoning, for Good or BadEric Adams' Vanishing Promise to Fix NYC's 'Unfair' Property TaxesWaiting for the Miracle of Church-to-Housing DevelopmentBelfast’s Grand Central Station Creates New Era for Northe

(Bloomberg) -- Spain is selling new 12-year debt through banks to capitalize on strong investor demand, following a record-breaking Italian bond offering earlier this month. Most Read from BloombergUnlocking the Hidden Power of Zoning, for Good or BadEric Adams' Vanishing Promise to Fix NYC's 'Unfair' Property TaxesBelfast’s Grand Central Station Creates New Era for Northern Ireland’s Public TransportWaiting for the Miracle of Church-to-Housing DevelopmentInitial guidance suggests the inflation-

U.S. stocks are drifting in mixed trading Thursday following a couple reports on the economy that came in close to expectations. In the bond market, the yield on the 10-year Treasury rose to 3.69% from 3.66% late Wednesday.

(Bloomberg) -- Oil gained for the second straight day after storm Francine disrupted crude production in the Gulf of Mexico and algorithm-driven traders took a break from sharp selling in recent sessions. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit T

The Palestinian economy is “in free fall,” the United Nations reported Thursday, with production in Gaza plunging to one-sixth of its level before Israeli forces began a blistering military response to the Oct. 7 attacks in the territory. The report from UN Trade and Development, or UNCTAD, also warned of “rapid and alarming economic decline" in the West Bank, citing expanded Israeli settlements, land confiscations, demolition of Palestinian buildings and violence by settlers. The report made no mention of corruption in Palestinian institutions.

The International Monetary Fund said on Thursday it was appropriate for the U.S. Federal Reserve to begin a long-awaited monetary easing cycle at its meeting next week as upside risks to inflation have subsided. IMF spokesperson Julie Kozack told a regular news briefing that the IMF expected the U.S. economy to slow over the rest of the year, and that this would be reflected in its updated World Economic Outlook forecasts in October.

(Bloomberg) -- Pakistan cut its benchmark interest rate for a third consecutive meeting as slowing inflation gave policymakers space to revive economic growth.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025The State Bank of P