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U.S. ECONOMY
Global Market: Eurozone bond yields edge higher after Fed rate hikeThe eurozone bond yields edged higher after the Federal Reserve raised interest rates and signalled further tightening. German short-term y...- One AI issue unites Republicans and Democrats: Data centre limitsAmericans increasingly worry about artificial intelligence's environmental effects. Many citizens are concerned about data centers' local e...
- US Market: Fed's Warsh points to AI investment, geopolitical risks for higher yieldsFederal Reserve Chair Kevin Warsh said rising bond yields reflect economic strength, heavy capital investment in AI and data centers, and g...
- Gold ticks up from near six-week low as investors weigh Fed outlookOn Thursday, gold prices slightly increased after previously touching a six-week low, responding to the U.S. Federal Reserve’s hike in inte...
- Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO saysThe six-month U.S. war against Iran has cost $38 billion through August 1, with expenses projected to rise by $3 billion monthly, the Congr...
- Why does the US bond selloff matter for global markets?
- Bond market turmoil puts Fed Rate decision under spotlightA global bond market selloff has put the Federal Reserve’s rate decision under the spotlight, with investors weighing the risks of another ...
- Gold slips as oil gains strengthen case for elevated interest ratesGold experienced a decline on Tuesday, influenced by a rise in crude oil prices. Compounding this drop were growing fears over inflation an...
- US 10-year yields reach 5%, highest since October 2023The rise of U.S. Treasury yields over five percent indicates expectations for a longer period of elevated interest rates. This trend comes ...
- Ahead of Fed meeting, Trump says US should have world's lowest interest ratePresident Donald Trump stated the United States should have the world's lowest interest rates. He expressed this view ahead of the Federal ...
- Houthi advance in Yemen puts U.S. in a new bindA Houthi advance along Yemen’s coast and seizure of Perim island have increased the group’s ability to threaten the Bab el-Mandeb Strait, r...
- Why Canada? America's northern neighbor seems an unlikely target for a trade warUnited States President Donald Trump has imposed tariffs on Canadian goods. Canada retaliated with its own tariffs, escalating the trade di...
- UK economy beats expectations in July with 0.4% growthBritain's economy grew by a stronger than expected 0.4 percent in July. This performance extended the strong showing seen in the first half...
- Brooks Automation confidentially files for US IPOBrooks Automation has taken a significant step by confidentially filing for an initial public offering in the U.S. The firm specializes in ...
- US accuses Chinese AI firms of 'malicious' copying of AI technologyThe Chinese companies copied U.S. AI labs' intellectual property through a technique known as distillation, according to a statement from...
- Iran's Hormuz leverage wanes as US economic squeeze bitesWashington's economic offensive targets Iran after recent conflict and threats. New sanctions and naval blockades are severely impacting Ir...
- Iran to tackle economic issues, says further attacks will be 'more painful'In response to severe US sanctions, Iran aims to implement economic reforms alongside bolstering its military capabilities. After a short l...
- Oil ends week higher on renewed US-Iran strikes, diesel hits recordOil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel pric...
- US stock market: Bessent dismisses US bond market turmoil concerns, points to economic strengthU.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic...
- US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoilUS Treasury Secretary Scott Bessent will push G20 economies to reduce trade imbalances, boost growth and cut ties with Iran at meetings in ...
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