10-year Treasury yield hits highest level since 2007 ahead of Fed rate decision
The bond market sell-off is raising the stakes for the Federal Reserve’s monetary policy meeting this week and putting a spotlight on the central ba…
Category: Business
Trump wants lower rates. His new Fed chairman is poised to raise them
The Federal Reserve finds itself in a confusing economic moment, but one thing has become clear: Interest rates are moving higher, likely starting Wed…
AI stocks slide after top industry CEOs call for slowdown of technology’s development
AI-linked stocks tumbled Monday after the CEOs of some of the companies developing the most advanced AI models called for a slowdown in the technology…
10-year Treasury yield hits 5%, critical threshold for US economy and markets
The rise in bond yields reached a critical threshold on Monday, with the 10-year Treasury yield hitting 5%, a level briefly touched in 2023 and otherw…
Why Trump’s effort to build more refineries won’t lower gas prices
President Donald Trump wants to reverse the decades-long decline in the number of US refineries in operation, which he believes is key to lowering gas…
Can the oil market survive a forever war with Iran?
The Iran war has lasted far longer than many expected — and so has a functioning oil market.
Anthropic CEO calls for ‘pacing the frontier’ of AI race amid safety concerns
Amodei’s essay comes on the heels of an Anthropic researcher’s resignation over concerns that the firm and its competitors are not acting responsi…
Diesel costs more than $6 a gallon for the first time. Here’s how that affects you
Record high prices for the workhorse fuel that powers the world economy, topped $6 a gallon on Friday for the first time ever.
Karaoke for one: China’s $1 trillion ‘loneliness economy’ gives a glimpse of the world’s future
A growing cohort is fast reshaping the profile of the Asian consumer: the single, childless or otherwise alone.
James Talarico blasts Trump FCC’s ‘dangerous’ cancel culture over Kimmel interview ordeal
Talarico, the Texas Democratic Senate candidate, says the Trump administration is committing “the most dangerous form of cancel culture” by pressu…
