Total US debt topped USD 40 trillion for the first time, the Treasury Department said, drawing fresh warnings that a fiscal crisis is building as costs for social safety-net programs and interest payments continue to outstripRevenueconstrained by tax cuts. The Treasury's daily cash and …
Global wheat importers are bracing for tighter supplies as attacks on Black Sea grain infrastructure disrupt shipments, heightening food security risks for major buyers such as Egypt and Indonesia while pushing prices higher. Benchmark Chicago futures have climbed more than 17% since the start …
President Trump said in a Truth Social post that the United States would launch "Economic Warfare and Isolation on an unprecedented scale" against Iran, framing the move as a direct response to Tehran's refusal to reach a negotiated settlement. "No one has given the …
Oil prices moved higher early Thursday after President Trump vowed "economic warfare" on Iran and threatened financial penalties for any country supporting Tehran, adding to pressure already building from the UAE's decision to suspend trade with Iran. Brent crude, the international benchmark, rose 2.28% …
Bond yields edged higher Thursday morning after pulling back sharply in the prior session following the Treasury Department's move to significantly expand government debt repurchases in an effort to support longer-dated debt. The yield on the 30-year Treasury, the primary focus of the accelerated …
President Trump warned of economic consequences against any country that provides "any type of lifeline to Iran" as the United States looks to resolve a war it began alongside Israel nearly six months ago. In aSocial Mediapost Wednesday, Trump promised "Economic Warfare and Isolation …
Retail investors are not abandoning the artificial intelligence trade, but they are becoming more selective and adding downside protection as markets head into the fall, according to data from Vanda Research and Charles Schwab. Investors are increasingly using putOptionsand inverseExchange-traded fundsto hedge risk while …
Happen, the company formerly known as LendingClub, has transformed from a peer-to-peer lending marketplace founded in 2006 into a full-service digital bank following a series of strategic pivots. The company paused new loans for six months in 2008 amid a required SEC registration, went …
Turkey and Israel traded accusations this week after an Israeli strike on the Abu al-Duhur air base in northwestern Syria intensified a growing rivalry between two of the region's strongest militaries. The base, largely out of service for more than a decade, had been …
Rising bond yields, some reaching multidecade highs this week, are raising concerns for the AI-led US stock market rally, with Japan, the UK, and France facing fiscal pressures comparable to the US while carrying greater exposure to energy-driven inflation. The 30-year US Treasury yield …