44+ min ago   (862+ words) U.S. Treasury yields remain elevated as investors reassess how high interest rates may need to stay, with the Federal Reserve Bank of New York's latest estimates showing the economy's neutral real interest rate, known as r-star, has risen from 1.36% in the…...

17+ hour, 18+ min ago   (807+ words) The U.S. 10-year Treasury yield climbed to about 4.8% on Sept. 1, its highest level since January 2025, as renewed U.S.-Iran tensions pushed oil prices higher and intensified concerns about inflation. The 30-year Treasury yield rose to about 5.27%, keeping long-term borrowing costs elevated. Ad…...

2+ day, 18+ hour ago   (459+ words) Gold retreated after rising above $4,600 an ounce, with Federal Reserve policy expectations putting pressure on bullion even as geopolitical tensions supported demand for the metal. The Federal Reserve's Jackson Hole symposium on Aug. 28 became a key focus for markets ahead…...

2+ day, 18+ hour ago   (573+ words) German retail sales fell 3.4% in real terms in July from June, according to preliminary data from Germany's Federal Statistical Office (Destatis), reversing a revised 0.0% reading in June. The decline was substantially weaker than the 0.4% monthly increase expected in a Reuters…...

5+ day, 13+ hour ago   (998+ words) Iran's annual inflation has reached 66%, while the country's foreign trade has fallen 35% as U.S. sanctions, the war and a naval blockade restrict commerce and access to foreign currency. President Masoud Pezeshkian disclosed the trade contraction, while Iran's rial fell to a…...

1+ week, 3+ day ago   (659+ words) Gold rose 0.8% to $4,641.27 an ounce on Monday, Aug. 24, reaching its highest level since May 15, as weakness in the U.S. dollar supported demand for the greenback-priced metal. U.S. gold futures gained 0.4% to $4,697.70. The move followed a more than 5% gain last week and came…...

1+ week, 3+ day ago   (521+ words) South Korea detected 4,155 unauthorized imports of weight-loss drugs including Wegovy and Mounjaro between January and June, according to data compiled by the Korea Customs Service. The six-month total was 3.5 times the 1,189 cases recorded during all of 2025. The Korea Customs Service…...

1+ week, 4+ day ago   (1631+ words) For generations, the American Dream rested on a simple proposition: where a person starts should not determine where they finish. That promise never meant that Americans would end up equally wealthy. It meant that a child born into a poor…...

2+ week, 1+ day ago   (600+ words) U.S. on-highway diesel reached a national average of $5.454 a gallon on Aug. 17, up 19.7 cents in one week and roughly 47% from a year earlier, according to the U.S. Energy Information Administration (EIA). Diesel Surge Signals More Than a Crude-Oil Problem The latest EIA…...

3+ week, 20+ hour ago   (844+ words) The Federal Reserve faces weaker support for another rate increase after U.S. payrolls fell in July and consumer inflation matched expectations, while Japan's wholesale inflation remained elevated at 7.2%, strengthening the case for a Bank of Japan rate hike in September. The…...