macro
The Charlemagne Prize honors those who advance European unity. This year's winner is Italy's Mario Draghi, a former European Central Bank chief and a key architect of European stability during a time of economic crisis.
Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is "going to keep pumping."
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Judge called Adriana Maria Quiroz Zapata’s deportation to the Democratic Republic of Congo ‘likely illegal’ A federal judge has ordered the Trump administration to bring a Colombian woman back to the US from the Democratic Republic of Congo, after she was deported to the African country that had ref
Bond traders are hoping that the central bank's easing bias is replaced with a skewed view toward tightening.
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Potential liquidity contractions in secondary markets and surging government bond yields could spell trouble for preferred perpetual stockholders.
Miran, top Fed advocate for rate cuts, turns the page
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The president’s ultimate goal is to push the Fed – among other independent US institutions – to bend to his will Jerome Powell, who stepped down this week as chair of the Federal Reserve, had his hits and misses. The Fed was late to react as prices started rising when the Covid pandemic abated, but
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Analysts point to profit-taking, not panic, with ETF outflows at their worst pace since February as 10-year Treasury yield soars.
$800B in AI spending is juicing GDP and stocks — while real wages fall and Americans cut back on goods
Trending stocks this week as markets assess sticky inflation, rising Treasury yields