Treasury Yields Dip Ahead of Critical Cpi Inflation Data
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Tech stocks got slammed because economic data sparked a jump in bond yields
Data on job openings and service-sector activity sent markets into “good news is bad news” mode on Tuesday.MarketWatch - 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 -
Ditching of Facebook factcheckers a ‘major step back’ for public discourse, critics say
Mark Zuckerberg’s decision regarding Meta platforms condemned as ‘a full bending of the knee’ to Donald Trump. Mark Zuckerberg’s decision to ditch factcheckers on Facebook and “prioritise free ...The Guardian - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
UK house prices dipped in December, says Halifax
Decline is first for nine months although prices still 3.3% above last yearFinancial Times - Jan. 7 -
The slow path to reliable data on child sexual abuse
Publishing limited statistics is still vital to ensure scrutiny and transparency as people end up speculating anywayFinancial Times - Jan. 7 -
Are the new personal data rules workable?
Also in this newsletter: India’s forex reserves fall to an eight-month low and Kumar Mangalam Birla’s mantraFinancial Times - Jan. 7 -
Stocks appear ‘rate sensitive once again’ as bond yields press higher
Rising interest rates in the bond market seems to be weighing on stocks, as investors wait for an upcoming U.S. jobs report and for Wall Street banks to kick off corporate earnings season.MarketWatch - Jan. 6 -
CISA says 'no indication' other agencies impacted by Treasury hack
The Cybersecurity and Infrastructure Security Agency (CISA) said Monday that there is “no indication” other federal agencies were impacted by the recent breach at the Treasury Department. The ...The Hill - Jan. 6 -
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 -
Trump critic named new Washington archbishop
Cardinal Robert W. McElroy, a critic of President-elect Trump, was named the new archbishop of Washington on Monday. Pope Francis named McElroy, who is the bishop of San Diego, to replace Cardinal ...The Hill - Jan. 6 -
Emmanuel Macron joins growing criticism of Elon Musk in Europe
French president accuses world’s richest man of intervening directly in continent’s democratic processes. Emmanuel Macron has added his voice to a growing chorus of European criticism of Elon Musk, ...The Guardian - Jan. 6 -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
German inflation rate climbs to 2.6% in December
Yahoo News - Jan. 6 -
Germany to release inflation estimate for 2024
Yahoo News - Jan. 6 -
Arctic blast ahead for Dothan and Wiregrass
Yahoo News - Jan. 5 -
Trump policies will likely have ‘modest’ effect on inflation, Bernanke says
The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve Chairman Ben Bernanke said Saturday.MarketWatch - Jan. 5 -
Tom Johnson, Minimalist Composer and Village Voice Critic, Dies at 85
He charted the rise of musical minimalism on New York’s downtown scene in the 1970s. He later gained notice for abstract works of his own.The New York Times - Jan. 4 -
JJ Redick Responds to Criticism From Charles Barkley
The Lakers coach said he was unfazed by the TNT analyst’s comments.The New York Times - Jan. 4 -
The Year Ahead
There’s an empty calendar spread out before us. What meaning will we give to it?The New York Times - Jan. 4 -
Cold dips, lights and fireworks: Photos of the week
A selection of news photographs from around the world.BBC News - Jan. 4 -
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 -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - Jan. 3 -
Chess: jeans-clad Carlsen defies critics to share Blitz with Nepomniachtchi
The world No 1 withdrew from the World Rapid then came back for the Blitz, where he shared the title when Fide agreed to stop play after three games of a shootout. Magnus Carlsen completed a ...The Guardian - 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 -
5 big lobbying battles ahead
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story K Street gears up for Trump 2.0 Lobbyists will have their hands full in 2025 with ...The Hill - Jan. 2 -
Trump to rally in DC ahead of inauguration
Donald Trump is expected to hold a big Washington rally the day before he’s sworn in as the nation’s 47th presidentABC News - 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 -
The tricky year ahead for Labour
The spending review, an industrial strategy and housing present big challenges for the governmentFinancial Times - Jan. 2 -
GOP lawmakers request Yellen briefing on Chinese hackers' Treasury breach
Republican lawmakers are swiftly urging the Treasury Department to provide answers on a recent cybersecurity attack from China that infiltrated various workstations, as outlined in ...The Hill - Jan. 2 -
Musk defends demonetizing critics' content on X
Tech billionaire Elon Musk defended his move to demonetize his critics' content on his social platform X and maintained the decision did not violate free speech. "The first amendment is protection ...The Hill - Jan. 2 -
Chinese government hackers targeted US Treasury office that administers sanctions – report
Treasury disclosed hack earlier this week, with Washington Post reporting targets were Office of Foreign Assets Control and Office of Financial Research. Chinese government hackers breached the US ...The Guardian - Jan. 2 -
Critic wrongly jailed by former president of Philippines hopes to return to politics
Leila de Lima enraged Rodrigo Duterte when she began investigating killings carried out during his ‘war on drugs’. Leila de Lima, one of fiercest critics of the former Philippine president Rodrigo ...The Guardian - Jan. 1 -
Ambulance pressures remain as critical incident in Wales ends
Bosses urge people to be mindful of calling 999 unnecessarily amid "significant pressures".BBC News - Jan. 1 -
Why 2025 will redefine data infrastructure: 11 expert insights on sovereign clouds, exploding data, PaaS and more
Key predictions from data infrastructure industry experts and vendors to help enterprises tap the AI opportunity for growth in 2025.VentureBeat - Dec. 30