France is bracing for a fresh sell-off in government debt after a wave of violent protests erupted across the country. Bond yields in France are expected to rise on Monday morning in response to the clashes, as economists fear the...
China was once the top holder of U.S. Treasuries but has been shedding its massive stockpile for years, fueling fears of de-dollarization. But official data may not fully capture Beijing’s actual portfolio. The decline began in earnest around 2021, but...
CoreWeave (CRWV) stock fell 15% on Wednesday, a day after a chart of its rising borrowing costs gained traction on X. Bloomberg, citing an internal memo, reports that the AI cloud company’s CEO stated in a memo that the market...
Inflation heated back up in September, with the Consumer Price Index coming in at a hotter-than-expected 3.7% annual reading, driven primarily by surging fuel prices. But even “core” inflation, which excludes energy and food, increased more than economists projected, rising...
US stocks gained on Monday as investors digested rising bond yields, eurozone economic uncertainty, and the upcoming earnings season, starting a relatively quiet week. The Dow Jones Industrial Average (^DJI) added 0.2%. The S&P 500 (^GSPC) rose 0.7%. The tech-heavy...
For many US households, it may not feel like the economy is doing well amid the higher cost of living brought on by the US war on Iran. But believe it or not, the US economy is nearing an impressive...
Mortgage rates continue to rise as 2026 nears its fourth quarter. What is the outlook for home loan rates in the next five years? Should you wait for mortgage rates to fall significantly before buying or refinancing? Mortgage interest rates...
Anthropic’s leaked IPO prospectus once again reminded investors of the enormous cost of the AI build-out. The AI lab plans to spend $518 billion in the coming years on cloud, computing, and infrastructure costs, according to Reuters, after posting a...
Federal Reserve governor Michael Barr said Wednesday that additional interest rate hikes are needed to bring down sticky inflation. “Further policy adjustments are likely to be needed to ensure inflation comes down to target in a timely fashion,” Barr said...
The rate on the most popular US home loan rose last week to its highest in more than two years, after the Federal Reserve lifted short-term interest rates to combat inflation, and rising oil prices drove up Treasury yields that...
The Federal Reserve’s September policy meeting kicked off Tuesday morning, and markets overwhelmingly expect the Fed to raise interest rates by 25 basis points on Wednesday amid persistently high inflation. Such a move would mark the Fed’s first increase in...
The Federal Reserve voted to raise interest rates by 25 basis points on Wednesday amid persistently high inflation. The decision was unanimous. The median Fed official expects one more rate hike this year, according to the central bank’s Summary of...
Senators on Tuesday voted to block the Clarity Act from moving forward, setting back efforts to establish a comprehensive regulatory framework for the crypto industry. The Digital Asset Market Clarity Act received 50 votes for and 49 against the motion...
Despite financial pressures, workers remain committed to their retirement goals, with many boosting their contribution rates — and watching their savings grow. According to Fidelity Investments’ latest quarterly analysis, 769,000 retirement savers have a million dollars or more in their...
Managing newfound tech wealth is not without its challenges and key considerations for the founders and employees who have accrued it. “I think what we’re seeing across the board with wealth creation in particular is just the pace of this...
