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The history of financing America, in six crisis episodes - AOL
1+ week, 4+ day ago (776+ words) Sept 2 (Reuters) - Concerns over America's fiscal outlook are mounting. Long-dated Treasury yields are at their highest levels since 2007, while the national debt has surpassed $40 trillion. It is not the first time Washington has faced an imposing financing challenge. Treasury Secretary…...
Surge in bond yields is a result of "Trump's war", German minister says - AOL
2+ week, 4+ day ago (198+ words) BERLIN, Aug 24 (Reuters) - The recent surge in bond yields is a result of United States President "Donald Trump's war in Iran", German Finance Minister Lars Klingbeil said on Monday at a press conference in Schaan, Liechtenstein. "The rise in interest…...
Record German debt sales deepen strains for Europe's battered bond market - AOL
3+ week, 2+ day ago (585+ words) LONDON, Aug 21 (Reuters) - Germany and the broader euro zone are selling record amounts of bonds, adding to the pressures driving European bond yields to multi-year highs as the continent continues to borrow heavily amid crises ranging from COVID-19 to the…...
‘Indefensible and ugly’: $20 burritos have Tucker Carlson, JD Vance, Ben Shapiro fighting over America’s inflation woes - AOL
3+ week, 4+ day ago (1698+ words) And before long, some of the biggest voices in American politics and media were fighting over what that...
Trump claims U.S. has control of the Strait of Hormuz. See gas prices in NC - AOL
3+ week, 6+ hour ago (446+ words) "a territory of the United States," the American Automobile Association has recently reported that...came as the president touted the success of an American naval blockade of Iranian ports he claimed demonstrated...
Bond market anxiety raises stakes for Warsh's debut Jackson Hole speech - AOL
2+ week, 5+ day ago (841+ words) (Corrects paragraph 21 to show Obstfeld is senior fellow at Peterson Institute of International Economics, not economics professor at University of California, Berkeley) WASHINGTON, Aug 24 (Reuters) - U.S. Federal Reserve Chairman Kevin Warsh's debut speech at the annual Jackson Hole conference this week,…...
States Where Being Middle Class Got the Most Expensive Since 2020 - AOL
4+ week, 1+ day ago (403+ words) To find the states where the cost of living has increased the most, we analyzed key factors such as median household incomes and each state’s cost of living indexes for 2020 and 2026. These cost-of-living indexes were used to calculate the average…...
Key checks from Walmart and the big box stores: What to watch this week - AOL
4+ week, 33+ min ago (985+ words) After a week centered on inflation concerns and questions about the Federal Reserve's next move, investors step into a relatively quiet five-day stretch, with big box stores and other major retailers' earnings reports and a slew of manufacturing data taking…...
U.S. Army picks Hanwha defence unit for mobile artillery prototypes - AOL
2+ week, 6+ day ago (184+ words) SEOUL, Aug 19 (Reuters) - The U.S. Army said on Tuesday it had selected Hanwha Defense USA, a unit of South Korea's Hanwha Aerospace, to supply its new Mobile Tactical Cannon, marking a breakthrough for South Korea's biggest defence company in the U.S. weapons…...
73% of Americans Feel Prosperous Right Now — Here's the Surprising Reason - AOL
2+ week, 5+ day ago (617+ words) Americans feel better about their own lives than they do about the country as a whole. Nearly three in four Americans say they feel prosperous, according to Northwestern Mutual’s inaugural Personal Prosperity Index. Yet 73% believe the cost of basic necessities…...