Economy
AI boom and soaring debt push U.S. Treasury yields to highest levels since 2002
The yields on key U.S. Treasury bonds touched fresh 24-year highs Wednesday as the latest global bond sell-off picked up…
Category: Economy
Economy
Economy
Trump’s moves to boost diesel supplies have not yet lowered prices
U.S. diesel prices remain at near record highs, up 70% since the U.S.-Israeli war on Iran began despite two high-profile…
Economy
Americans are set to spend more this holiday season than ever. Thank inflation and tariffs.
Americans are projected to spend more money than ever this holiday season. But that’s not necessarily because they will be…
Economy
Trump’s pledge not to strike Iran before midterms fails to soothe oil markets
President Donald Trump’s surprise pledge that the United States would not resume airstrikes against Iran before the midterm elections failed…
Economy
The Trump administration is suspending Microsoft from a green card program, alleging fraud
WASHINGTON — The Trump administration is suspending tech giant Microsoft from a program to apply for green cards for workers…
Economy
Gas prices face new threat as Hurricane Isaias forces widespread Gulf oil shutdowns
A powerful storm snaking its way through the Gulf of Mexico threatens to disrupt U.S. oil and gasoline production at…
Economy
Sen. Ruben Gallego rolls out an economic agenda as he weighs a 2028 White House bid
WASHINGTON — Sen. Ruben Gallego, D-Ariz., who is eyeing a possible presidential bid in 2028, rolled out a new, national…
Economy
Trump keeps touting $21 trillion coming into the U.S. Even his website says it’s half that.
WASHINGTON — Donald Trump likes to rattle off numbers, and his recent fixation is $21 trillion. FOR SUBSCRIBERSWhat happened inside…
Economy
S&P 500 closes at record high as Nvidia nears $6 trillion milestone
The S&P 500 hit a record Tuesday as it rose for a fourth straight day, supported by rising technology stocks,…