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News
What do rising bond rates mean for you? | CNN Business - CNN
5+ hour, 6+ min ago (293+ words) From mortgages and retirement accounts to the federal budget, rising bond rates can have far-reaching consequences. CNN’s Matt Egan explains what’s driving rates higher and why it matters for consumers and the economy. Multiple sources shared concerns with CNN that…...
Locked in to a high mortgage rate? We want to hear your story | CNN Business
7+ hour, 38+ min ago (135+ words) Locked in to a high mortgage rate? We want to hear your story CNN A common mantra among real estate agents and mortgage brokers is âÂÂmarry the house, date the rate.â Buying a home is a…...
Global bond yields rise to their highest levels in decades - CNN
1+ day, 8+ hour ago (85+ words) Global bond yields rise to their highest levels in decades CNN Global bond yields rise to their highest levels in decades As global bond yields rise to multi-decade highs, Global Economic Advisors Chief Economist William Lee argues the U.S. Treasury Secretary's…...
Fed Chairman Kevin Warsh faces pressure to show his hand
5+ day, 15+ hour ago (660+ words) Federal Reserve Chairman Kevin Warsh is set to deliver his biggest speech yet on Friday, but investors may not hear what they want. Central bankers, finance ministers and policymakers from around the world will gather at the Federal Reserve Bank…...
Consumers pulled back on spending in July in the face of continuing price pressures - CNN
1+ week, 10+ hour ago (156+ words) US consumers reined in their spending in July as inflation remained stubbornly high, new Commerce Department data showed Wednesday. Consumer spending, when adjusted for inflation, was flat from the month prior, a sharp slowdown from a 0.4% gain in June, according…...
Bond markets remains unconvinced by Bessent’s plans - CNN
1+ week, 1+ day ago (71+ words) Bond markets remains unconvinced by Bessent’s plans CNN Bond markets remains unconvinced by Bessent’s plans RSM Chief Economist Joe Brusuelas tells Becky Anderson the U.S. Treasury Secretary's bond buyback plan will not do enough to address the deficit, in…...
Are you cutting more spending amid ongoing high gas prices? Share your story | CNN Business
1+ week, 5+ day ago (139+ words) Are you cutting more spending amid ongoing high gas prices? Share your story CNN Fear & Greed Index - Prince Harry, Elton John and other celebrities hit with initial $13 million bill after losing case against UK tabloid - Tracking oil prices and US…...
Bond market takes a breather after surprise move by Treasury Department | CNN Business - CNN
2+ week, 7+ hour ago (634+ words) The Treasury Department made a surprise move Wednesday after bond yields hit their highest levels in almost two decades, doubling its planned purchases of longer-term bonds and easing pressure on the market. Bonds rallied, driving yields lower, after the announcement,…...
World???s top humanoid maker and its dancing robots waltz towards record IPO listing in China
2+ week, 1+ day ago (838+ words) The world’s largest humanoid robot maker by sales is set to list in Shanghai on Wednesday, with the initial public offering already having raised 6.1 billion yuan ($905 million) and more than 8,000 times oversubscribed, a record for the city’s tech-focused STAR market,…...
Americans could soon pay a lot more for strawberries
2+ week, 2+ day ago (404+ words) Strawberries offer a taste of summer, even when they are eaten in the dead of winter. But the year-round treat Americans have grown accustomed to could soon get more expensive. The Trump administration is investigating whether Mexican growers are selling…...