US consumers are continuing to spend, but recent results from major retailers suggest they are becoming more selective about where and how they spend their money. Walmart’s sharp stock decline …
Business
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Business
30-year Treasury yields: why they’re set to soar despite Bessent’s intervention
by adminby adminUS 30-year government bond yields rebounded for the second consecutive day, reaching a high of 5.250%, up modestly from this week’s low of 5.17%. It is hovering near the year-to-date …
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A new group of industries is reshaping political spending in the US as cryptocurrency, artificial intelligence and online betting companies pour money into the 2026 midterm elections. Corporate spending on …
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Canada has secured a three-day reprieve from a new round of steep US tariffs after President Donald Trump said Washington and Ottawa were close to reaching a trade agreement. Trump …
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Business
Iran conflict is going to be difficult to end, says Dr Anita Kellogg on Zero Sum
by adminby adminOil prices have swung violently as the Iran conflict threatens one of the world’s most important energy chokepoints, while Washington faces a separate strategic challenge in its relationship with China. …
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Wholesale inflation in the United States remained subdued in July, coming in below economists’ expectations and adding to evidence that price pressures may be easing after a surge earlier this …
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The popular iShares 20+ Year Treasury Bond ETF (TLT) has slumped into a correction as its outflows rose and as long-term US bond yields rose. It is also under pressure …
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Business
US job openings fall in June as healthcare vacancies decline, but hiring picks up
by adminby adminUS job openings declined in June, largely reflecting weaker demand in the healthcare and social assistance sector, although stronger hiring and subdued layoffs suggested the labor market remained on stable …
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New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal gambling. In a petition filed in a state court in …
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The US economy expanded at a slower-than-expected pace in the second quarter while inflation remained well above the Federal Reserve’s target, underscoring the difficult balancing act facing policymakers after they …