2 10year Treasury Yields End at Lowest Levels Since 2023 on Fears of Weakening Economy
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UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - 6d -
US applications for jobless claims fall to 201,000, lowest level in nearly a year
U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffsABC News - 6d -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - 6d -
Rescuers search for 2 British hikers missing since New Year's Day in Italian alps
Rescue crews have found the body of a British hiker buried in the snow of the Italian alpsABC News - 6d -
US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - Jan. 7 -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - Jan. 7 -
10-year Treasury yield ends at highest since April as inflation worries grow
U.S. government debt sold off aggressively on Tuesday, pushing the benchmark 10-year rate to its highest level in more than eight months, after an ISM services-sector reading contained signs of ...MarketWatch - Jan. 7 -
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.MarketWatch - Jan. 7 -
Quits sink to lowest level since the height of the pandemic
The number of people quitting their jobs fell in November to the lowest level since the height of the pandemic as the number of job openings popped to its highest level since May — both signs of a ...The Hill - Jan. 7 -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial Times - Jan. 7 -
Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - Jan. 7 -
The economy grew rapidly in the past 2 years. Can it keep it up under Trump 2.0?
The economy has grown rapidly in the past two years and companies hope to get another lift from a business-friendly Trump White House — but stiffer headwinds could clip the sails of the U.S. in 2025.MarketWatch - Jan. 7 -
30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans
Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.MarketWatch - Jan. 6 -
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.CNBC - Jan. 6 -
China's economy is causing a hangover for spirits giants
Yahoo News - Jan. 6 -
A Weakened Iran Prepares to Face Trump 2.0
Tehran is bracing for a tough confrontation with the incoming Trump administration while holding a weak hand after setbacks in 2024.The Wall Street Journal - Jan. 5 -
Hamas releases video it says is of Israeli hostage held in Gaza since 2023 attack
Family of now 19-year-old conscript Liri Albag appeals to PM to ‘take decisions as if it were your own children there’. The armed wing of Hamas has released a video it says is of an Israeli hostage ...The Guardian - Jan. 4 -
Soderblom stops 38 shots as Blackhawks end 5-game skid with 4-2 win over Canadiens
Arvid Soderblom made 38 saves, Nick Foligno scored twice and the Chicago Blackhawks snapped a five-game slide with a 4-2 win over the Montreal Canadiens on Friday nightABC News - Jan. 3 -
Treasury yields end higher after ISM’s stronger-than-expected manufacturing data
Yields on U.S. government debt finished slightly higher on Friday after a manufacturing-related reading showed signs of improvement for the struggling sector.MarketWatch - Jan. 3 -
Carville says election 'wouldn't have been close' if Biden dropped out in 2023
Democratic strategist James Carville said Democrats would have easily won the 2024 presidential election if President Biden dropped out earlier. “Had President Biden gotten out, say May of 2023, I ...The Hill - Jan. 3 -
Jeh Johnson concerned terror threat at 'heightened level'
Former Homeland Security Secretary Jeh Johnson says the nation's terror threat is at a “heightened level” following the vehicle attack in New Orleans on New Year’s Day that killed more than a dozen ...The Hill - Jan. 3 -
Stellantis Brands' Production in Italy Falls to Lowest Level Since 1956
Yahoo News - Jan. 3 -
Jill Biden got most expensive gift from a foreign leader in 2023. Here's what it was
President Joe Biden and his family were given tens of thousands of dollars in gifts from foreign leaders in 2023, according to an annual accounting published by the State Department on Thursday, ...The Hill - Jan. 3 -
Britons have ‘lowest appetite’ for stock market investing in the G7
UK savers trail US and several European nationsFinancial Times - Jan. 3 -
New Year's attacks stoke fears of political violence
A pair of fatal attacks on New Year's Day have reignited concerns over political violence in the U.S. after an election already marked by multiple assassination attempts. The same day a Tesla ...The Hill - Jan. 3 -
Will a weakened Hollywood embrace Trump 2.0?
When Donald Trump won in 2016, Hollywood promised ‘resistance’. But shrinking revenues and declining influence make it less likely this time aroundFinancial Times - Jan. 3 -
Trump announces new treasury and ambassador nominees
President-elect Trump announced several appointments for his Treasury Department and choices for ambassadors for two European countries. In multiple Thursday Truth Social posts, Trump outlined who ...The Hill - Jan. 3 -
Jill Biden got the priciest gift from a foreign leader in 2023 — a $20,000 diamond
A spokesperson for the first lady said the diamond will be turned over to the National Archives after President Joe Biden leaves office on Jan. 20.NBC News - Jan. 3 -
New Year's attacks fuel fears of extremism in military
The primary suspects in two deadly attacks on New Year’s Day shared a history of service in the U.S. military, underscoring persistent fears over extremism within the armed services that officials ...The Hill - Jan. 2 -
Jill Biden received $20,000 diamond from Indian PM in 2023, among other gifts
Annual report details gifts given to first family by foreign leaders, most of which are transferred to National Archives. Joe Biden and his family were given tens of thousands of dollars in gifts ...The Guardian - Jan. 2 -
10-year Treasury yield ends not far from 7-month high as new trading year begins
Yields on U.S. government debt ended little changed on Thursday, leaving the benchmark 10-year rate near its highest level since late May.MarketWatch - Jan. 2 -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - Jan. 2 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
What will happen to home equity levels in 2025?
Home equity levels will likely continue to rise in 2025, but at a slower pace than we've previously seen.CBS News - Jan. 2 -
Fears Grow of Islamic State's Re-Emergence in Syria
The group is looking to exploit Syria’s uncertain future to rebuild its influence—half a decade after U.S.-led forces broke its hold on swaths of territory and millions of people.The Wall Street Journal - Jan. 2 -
Jobless claims fall to lowest level in 8 months to end 2024
The number of people filing new applications for unemployment insurance fell to the lowest level since last April as the job market showed signs of strength within a broader cooling off in ...The Hill - Jan. 2 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
US unemployment claims fall to the lowest level since March
The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most workers enjoy unusual job securityABC News - Jan. 2 -
Unlawful border crossings hit lowest level of Biden admin in November
U.S. Customs and Border Patrol (CBP) announced a new low for border level crossings during the month of November ahead of President Biden’s exit from the White House. Statistics released by the ...The Hill - Dec. 31