Latest in Treasury Says Pandemic Spending Saved Jobs
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‘I reaped financial rewards’: I’m 51. My wife is 60. I have $4 million in savings. Should I give up my $300K advisory job to spend time with my wife?
“I worked in finance, top-tier private equity, for several years and reaped financial rewards.”MarketWatch - 1d -
British Airways owner’s transatlantic focus lifts shares to post-pandemic highs
Airline group doubles down on premium business between Europe and USFinancial Times - 2d -
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Bessent to divest from assets on road to leading Treasury
President-elect Trump’s Treasury Secretary pick Scott Bessent has plans to divest from funds and other investments as he prepares to take over as the country’s top economic official. In an ...The Hill - 3d -
The internet wants me to spend £500 on a jumper. How can I say no?
I already have too much stuff – and every time I go online I’m being pushed to buy more. Time to channel my inner deinfluencer. I am uneasily aware that around this time last year I wrote that my ...The Guardian - 3d -
Treasury yields jump after US jobs report smashes expectations
Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cutsFinancial Times - 5d -
10-, 30-year Treasury yields end at highest since November 2023 after strong jobs report
Yields on 10- and 30-year U.S. government debt finished at their highest levels in over a year on Friday after December payrolls data came in stronger than expected, reducing market expectations ...MarketWatch - 5d -
10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped after December's jobs report was stronger than expected.CNBC - 5d -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - 5d -
Why are the A's spending big this winter as they relocate to Sacramento?
Brent Rooker's $60 million extension marks the latest expenditure for the typically thrifty A's.Yahoo Sports - 6d -
Treasury yields fall in shortened trading session
U.S. Treasury yields fell during a shortened trading session as the bonds market will close early in honor of the late former U.S. President Jimmy Carter.CNBC - 6d -
Britain is on the verge of a financial crisis. A key U.K. Treasury official says he can’t afford a Bloomberg subscription.
A top U.K. government official told Parliament he can’t afford a subscription to Bloomberg News.MarketWatch - 6d -
Bond market turmoil eases as Treasury minister says ‘no need’ for government intervention – business live
Lib Dems say chancellor should stay and make emergency fiscal statement and also cancel planned national insurance hike. Reeves’ fiscal rules non-negotiable in face of bond sell-off, deputy ...The Guardian - 6d -
UK foreign policy chief says Trump is right to urge higher military spending from NATO
Britain's top diplomat says Europe’s security “is on a knife-edge” and President-elect Donald Trump is right to say NATO member nations must increase military spendingABC News - 6d -
Winter pressure bad as height of pandemic, NHS says
More than 5,400 patients a day are in hospital with flu, as delays in A&E and for ambulances mount.BBC News - 6d -
Civil servant long-term sickness hits post-pandemic high in UK
Ministry of Justice was department with highest average length of absenceFinancial Times - Jan. 9 -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
Former United Airlines employee called anti-Asian slurs and assaulted on job, settlement says
United Airlines will pay $99,000 to settle a federal discrimination case in which an Asian American employee alleged that a supervisor called him an anti-Asian slur, told him to pull up his mask ...NBC News - Jan. 8 -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Used vehicle prices are expected to continue to stabilize in 2025 after swinging wildly for several years before starting to calm down in 2024.NBC News - Jan. 8 -
Treasury yield curve steepens for all the wrong reasons
Investors continued to sell off the 30-year Treasury bond for a sixth straight session on Wednesday, pushing its yield further into its highest closing level in more than a year.MarketWatch - Jan. 8 -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Cox Automotive expects wholesale prices on its Manheim Used Vehicle Value Index will end this year 1.4% higher than in December 2024.CNBC - Jan. 8 -
Elon Musk's DOGE says it's hiring. Here are the jobs it wants to fill.
Elon Musk and Vivek Ramaswamy's Department of Government Efficiency says it's now hiring. Here's how to apply.CBS News - Jan. 8 -
Private sector companies added 122,000 jobs in December, less than expected, ADP says
Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.CNBC - Jan. 8 -
Heads say they face tough choices on school spending as costs rise
A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.BBC News - Jan. 8 -
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 -
Sources: A's keep spending with Rooker extension
Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...ESPN - Jan. 7 -
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.CNBC - Jan. 7 -
Was this the game that saved Ferguson's job at Man Utd?
Players and journalists look back at the 1990 FA Cup third-round tie between Manchester United and Nottingham Forest.BBC News - Jan. 7 -
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 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
Some Baseball Teams Won’t Spend Money, and It’s a Problem
Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.The New York Times - Jan. 6 -
Europe readies for scattergun defence-spend bonanza
Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spreadFinancial Times - Jan. 4 -
Wounded survivor of New Orleans massacre says her mom saved her — from afar
Alexis Scott-Windham said her friends called her mom and she told them to make a tourniquet to stop the bleeding from her right foot.NBC News - Jan. 3 -
Sen. John Thune says House Speaker Mike Johnson has a 'really tough job' ahead
Sen. John Thune, R-S.D., the incoming Senate majority leader, said Friday that House Speaker Mike Johnson, R-La., will have a "really tough job," navigating a narrow majority.NBC News - Jan. 3 -
Cowboys to meet with Mike McCarthy next week about coaching job; Jerry Jones says Week 18 game no factor
Dallas reportedly has until Jan. 14 to make a decision on McCarthyCBS Sports - Jan. 3 -
One third of workers say they are considering a job change in 2025
Twenty-twenty-five is set to see seismic change in the workforce, if the findings of a new report are anything to go by. According to the Global Talent Barometer from Manpower Group, 35 percent of ...The Hill - 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 -
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 -
Are we ready for another pandemic?
After Covid-19, world leaders agreed to work together to strengthen global health systems, but negotiations on a new agreement have stalled. Five years ago, the world was hearing the first reports ...The Guardian - Jan. 2