Treasury Takes Extraordinary Measures As Us Hits Debt Ceiling
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‘Extraordinary’ U.S. government debt may mean prolonged bond-market volatility
Roughly $27.5 trillion of debt issued by the U.S. Treasury is in the hands of the public, more than twice as much as 10 years ago and over six times as much as 20 years ago. This fact may be one the biggest reasons why bond-market volatility has ...MarketWatch - Business -
Explosion Hits Iraqi Military Base Used by Iran-backed Armed Group
It was unclear who carried out the attack in Babylon Province, south of Baghdad.The New York Times - World -
US and Philippines to take military drills into contested South China Sea
Expanded annual exercises likely to further strain ties with Beijing after clashes between coast guardsFinancial Times - World - China -
US supreme court takes up Biden’s ‘ghost guns’ regulation case
Justices to hear appeal by administration in favor of regulating firearms that people can assemble from kits at home. The US supreme court will consider whether “ghost guns” – firearms made from kits available online that people can assemble at ...The Guardian - World - Joe Biden -
IndyCar Long Beach Grand Prix updates: Scott Dixon wins; Colton Herta takes blame for hitting Josef Newgarden
Follow along for live coverage of the Acura Grand Prix of Long Beach.Yahoo Sports - Sports -
Rays place reliever Pete Fairbanks on injured list due to nerve issue as struggling bullpen takes another hit
Fairbanks has had a rough start to his 2024 season so farCBS Sports - Sports -
Dubai’s Extraordinary Flooding: Here’s What to Know
Images of a saturated desert metropolis startled the world, prompting talk of cloud seeding, climate change and designing cities for intensified weather.The New York Times - Science -
Dollar Expected to Remain Strong
The dollar was weaker against major currencies and the WSJ Dollar Index was slightly lower.The Wall Street Journal - World -
A.I. Has a Measurement Problem
Which A.I. system writes the best computer code or generates the most realistic image? Right now, there’s no easy way to answer those questions.The New York Times - Tech -
A ban on single-use plastics takes effect in Hong Kong in a bid to reduce pollution
Hong Kong has passed a legislation to stop the sale and distribution of Styrofoam products and single-use plastic cutlery as a way to reduce the amount of plastic waste in the cityABC News - World -
Treasury yields finish little changed as geopolitical tensions cool
Rates on U.S. government debt finished little changed on Monday after no major escalation in Middle East tensions over the weekend.MarketWatch - Business -
The looming New York sovereign debt bills debacle
Legislate in haste; repent at leisureFinancial Times - World - New York -
5 simple ways to pay off debt in collections
Having your debt sent to collections is never a good thing, but there are some easy ways to tackle what you owe.CBS News - Top stories -
Asda seeks to raise £2.6bn to refinance debt burden
UK supermarket has carried heavy debt load since sale to billionaire Issa brothers and TDR CapitalFinancial Times - Business -
Ecuadoreans to vote in referendum on unprecedented security measures
President is calling for sweeping security measures designed to empower police and armed forces against organised crime. Ecuadoreans will vote on Sunday in a referendum on a raft of unprecedented security measures designed to empower the police ...The Guardian - World -
Ecuadoreans approve tough security measures in referendum
President Daniel Noboa strengthens hand to tackle crime wave but voters fail to back economic proposalsFinancial Times - World -
Chris Mason: Measure draws election dividing line
Ministers believe the novel deportation scheme is worth a try, but Labour plans to get rid of it.BBC News - Top stories -
Italian Bonds Marginally Outperform Bunds After S&P Affirms Rating, Outlook
Italian BTPs marginally outperformed Bunds in early European trade after S&P affirmed Italy’s BBB rating and stable outlook.The Wall Street Journal - World -
Analysis: Path for 10-Year U.S. Treasury Yield to 5% Is Possible but Tricky
A recent jump in U.S. government-bond yields has left investors pondering whether the 10-year Treasury yield could reach 5% as expectations for interest-rate cuts continue to be scaled back.The Wall Street Journal - World -
2-year Treasury yield falls to lowest in over a week on signs U.S. economy is losing momentum
Yields on U.S. government debt finished slightly lower on Tuesday after data showed that weaker demand weighed on the pace of expansion in business activity this month.MarketWatch - Business -
World Bank official calls for shake-up of G20 debt relief scheme
Chief economist says common framework has failed to provide any new money to world’s poorest countries since it was set up in 2020. The mechanism for providing debt relief to the world’s poorest countries is failing to produce results and requires ...The Guardian - World -
Esther Duflo: Rich world owes $500bn in ‘moral debt’ to poor countries
Nobel-winning economist speaks about her climate-focused tax proposalFinancial Times - World -
Thames Water crisis prompts jitters over ‘gold standard’ debt model
Investors grow nervous over financing technique likely to be used by government for future projectsFinancial Times - Business -
Are you a good candidate for debt relief? Here are the signs experts say to look for
If you're struggling to pay off debt, it's possible that debt relief services can get you out of the hole.CBS News - Top stories -
7 credit card debt relief strategies that really work
If you're looking for ways to resolve your overwhelming credit card debt, these strategies are worth considering.CBS News - Top stories -
Weekend Warm-Up: How One Extraordinary Man Planted a Forest Bigger Than Central Park
Yahoo News - World -
‘He could create beauty out of horror’: the extraordinary life and photography of Tim Hetherington
He joined rebel convoys in Africa and turned his time with GIs in Afghanistan into an Oscar-nominated film. But his subject wasn’t war – it was people. Ahead of a major show, our writer remembers his former colleague. Tim Hetherington used to get ...The Guardian - World -
Colorado group falls short in effort to put anti-abortion measure on the ballot
Only one of two opposing abortion ballot measures may qualify for the Colorado ballot this fall. An anti-abortion initiative failed to gather enough signatures.CBS News - Politics - Abortion -
Johnson careens toward uncharted speaker territory
If the speaker can wade through the conservative blowup over Ukraine aid, even his critics predict he might be able to hold on until November.Politico - Politics -
House passes more measures countering Iran following attack on Israel
Politico - Politics - Iran -
Israelis support more measured response to Iran if action would threaten their alliances
A recent Hebrew University poll found that 74% of Israelis oppose a major retaliatory strike on Iran, following its drone and missile attack, if it would harm Israel security alliances with other allies, including the U.S. Imtiaz Tyab reports.CBS News - Top stories - Iran -
Israelis support more measured response to Iran if action would threaten their alliances
A recent Hebrew University poll found that 74% of Israelis oppose a major retaliatory strike on Iran, following its drone and missile attack, if it would harm Israel security alliances with other allies, including the U.S. Imtiaz Tyab reports.CBS News - World - Iran -
Ecuadorians vote overwhelmingly in referendum to approve toughening fight against gangs
Ecuador’s fledgling president has won a resounding victory in a referendum that he touted as a way to crack down on criminal gangs behind a spiraling wave of violenceABC News - World -
Ecuador Voters Back Daniel Noboa’s New Security Measures
Voters in Ecuador gave their new president, Daniel Noboa, who deployed the military to fight gangs in January, even more powers.The New York Times - Top stories -
Ecuador Voters Back Daniel Noboa’s New Security Measures
Voters in Ecuador gave their new president, Daniel Noboa, who deployed the military to fight gangs in January, even more powers.The New York Times - World -
‘The best single measure’ of stock-market valuations is high and bearish
The monthly review of stock-market valuation indicatorsMarketWatch - Business -
AI Developers Agree to New Safety Measures to Fight Child Exploitation
OpenAI, Meta, Google and others say they will work to throttle the creation of sexualized images of children.The Wall Street Journal - World -
AI Developers Agree to New Safety Measures to Fight Child Exploitation
OpenAI, Meta, Google and others say they will work to throttle the creation of sexualized images of children.The Wall Street Journal - Tech -
The U.S. Treasury is about to make a move designed to make the bond market more resilient
A long-awaited program intended to make the Treasury market more liquid and resilient is expected to get off the ground in a matter of days.MarketWatch - Business -
Here’s who really benefits from Biden’s $153 billion in student-debt cancellation
New data sheds light on how the Biden administration’s debt-relief efforts have affected borrowers.MarketWatch - Business - Joe Biden