Latest in Treasury yields end at lowest levels in months as ISM data misses expectations
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Treasury Secretary Scott Bessent announces creation of an "affordability czar"
Treasury Secreatry Scott Bessent described the new role as "someone who picks the five or eight areas where this administration can make a big difference for working class Americans."CBS News - 1d -
Treasury Secretary Bessent says Trump tariffs won't cause inflation to increase
The Treasury secretary's comments come just two days before the tariffs are scheduled to go into effect.CNBC - 1d -
Treasury Department suspends enforcement of ownership information reporting for millions of businesses
The Treasury Department has halted enforcement of beneficial ownership information, or BOI, reporting for millions of businesses.CNBC - 9h -
The US Congress is missing in action
Capitol Hill is so far providing no check on Donald Trump’s power grabFinancial Times - 1d -
New consumer confidence index data drops sharply
New data from the consumer confidence index shows a concerning drop in economic outlook among Americans. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 6d -
Data centre operator CoreWeave lays groundwork for IPO
Executives have met with investors this week to test waters on an offering that could value the company at $35bnFinancial Times - 4d -
Employee Fears of an Economic Downturn Rise on Latest Data
Though recent bumps in joblessness, growth, and inflation data remain minor, workers still worry that Trump’s tariffs, mass federal employee layoffs, and spending cuts could tank the economy.Inc. - 3d -
TikTok investigated over use of children's data
It will look into how the social media platform uses the data of 13 to 17-year-olds to recommend content.BBC News - 23h -
Donald Trump’s first month in charts
The US president has hit the ground running, but he is dogged by stubborn inflation and tepid approval ratingsFinancial Times - Feb. 21 -
Muslims begin holy month of Ramadan
Ramadan starts with sighting the crescent moon and most mosques observing the first day on Saturday.BBC News - 2d -
10-, 30-year yields see biggest monthly drop since December 2023 on growth fears
U.S. government debt rallied on Friday, pushing yields broadly lower, after inflation from the Federal Reserve’s preferred measure came in as expected for January.MarketWatch - 3d -
Old-Fashioned Train Heists Yield Modern-Day Loot: Nike Air Jordans
Transnational gangs have been targeting sneakers, wireless gaming headsets and other modern merchandise transported by rail, according to federal prosecutors.The New York Times - 6h -
Paramount skids to a loss but says merger expected to close in first half as expected
Paramount Global Inc. swung to a loss in the fourth quarter despite marked growth in its streaming service, as the company said it was still on target to close its merger with Skydance in the first ...MarketWatch - 5d -
UK data protection watchdog investigating how TikTok uses children's personal data
The U.K.’s data protection watchdog says that it's investigating how TikTok uses the personal information of teenagers to deliver content recommendations to them when they use the social media ...ABC News - 16h -
Sources: Popovich not expected back this season
Spurs Hall of Fame coach Gregg Popovich is not expected to return this season, and his NBA future is uncertain as he recovers from a stroke suffered in November, sources told ESPN's Shams Charania.ESPN - Feb. 23 -
House budget resolution vote expected
The House of Representatives is expected to vote on a budget plan that would extend cuts to several parts of government spending. CBS News' Taurean Small reports.CBS News - 6d -
Mexico ramps up troop levels at US-Mexico border
Mexico boosted troop levels at the border after President Trump threatened a tariff on all Mexican goods coming into the U.S. NBC News' Gabe Gutierrez got exclusive access, and takes a look at ...NBC News - Feb. 21 -
Researcher shows "dramatic" change in Norway glacier ice levels
A new study this week in the Nature journal found mountain glaciers are melting more than twice as rapidly as in the early 2000s. They lost more than 600 billion tons of ice in 2023 when David ...CBS News - Feb. 21 -
Texas measles outbreak grows to 90 cases, worst level in 30 years
Epicenter of latest outbreak had one of state’s highest immunization exemption rates for 2023-24 school year. The measles outbreak in Texas has grown to at least 90 cases, reaching historic ...The Guardian - Feb. 22 -
Trump Plans ‘Gold Card’ Alternative to Green Cards for ‘High Level People’
President Trump said the cards would have “a higher level of sophistication” than green cards and cost applicants about $5 million.The New York Times - 6d -
Nauru sells citizenship to help fund relocations as sea levels rise
A new ‘golden passport’ scheme aims to raise funds to relocate people inland as climate change raises sea levels. The Pacific island nation of Nauru is selling citizenship to fund its retreat from ...The Guardian - 6d -
UK asylum claims hit highest level since 1979
More than 108,000 people claimed asylum in the UK in 2024, according to new statistics.BBC News - 4d -
Mexico releases 29 high-level organized crime operatives into US custody
Prisoners, including Rafael Caro Quintero, extradited as Mexico faces pressure to show it’s tackling fentanyl trafficking. Don’t let a billionaire’s algorithm control what you read. Download our ...The Guardian - 4d -
Bitcoin stumbles below $80,000. Here are the next levels to watch.
A selloff for cryptocurrencies intensified on Friday as bitcoin fell below a level not seen since early November.MarketWatch - 3d -
Copper waiting to leave warehouses hits highest level since 2021
Traders prepare to deliver metal to US before imposition of tariffs as Trump’s plans distort mineral marketsFinancial Times - 3d -
Illegal border crossings plunge to levels not seen in decades amid Trump crackdown
Over the past 25 years, the only time monthly apprehensions came close to the level recorded in February was in April 2017.CBS News - 2d -
Car finance complaints rise to record level at UK ombudsman
Surge in grievances puts regulators under pressure ahead of crucial court caseFinancial Times - 5h -
Search continues for missing Durham runner
Jenny Hall, a keen long-distance runner, is described as 6ft (1.8m) tall with very long dark hair.BBC News - Feb. 23 -
Cause of death of missing sisters was drowning
Henrietta and Eliza Huszti - both 32 and from a set of triplets - disappeared in Aberdeen in January.BBC News - Feb. 24 -
Body found in search for missing man
The 26-year-old had not been seen since leaving a nightclub in the early hours of Friday morning.BBC News - 7h -
Biodiversity Talks in Rome End
Delegates at global biodiversity talks in Rome agreed on a framework for monitoring environmental commitments and other measures.The New York Times - 4d -
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Bitcoin falls below 90K in 3-month low
Bitcoin fell below $90,000 on Tuesday, marking a three-month low for the popular cryptocurrency. The price of Bitcoin dropped more than 8 percent to $87,262 as of Tuesday afternoon, according to ...The Hill - 6d -
Should you open a 6-month CD now?
A 6-month CD can still be advantageous for savers to open now. Here's why.CBS News - 6d -
Amazon's Souped-Up Alexa+ Arrives Next Month
Alexa+ will cost $20 a month but will be free for Amazon Prime members. It'll eventually arrive on nearly every Alexa device the company has shipped.Wired - 5d -
Unemployment claims rise to 242,000, the highest in 3 months
Figures do not include layoffs ordered by the Department of Government Efficiency. Analysts expect those to show up in coming weeks.CBS News - 4d -
6-month CD benefits to know this March
A 6-month CD offers several advantages right now. Find out what the benefits are and how much you could earn.CBS News - 4d