U.S. Treasury yields fell Friday after the Federal Reserve’s preferred inflation gauge matched expectations ahead of the central bank’s monetary policy meeting next week. The yield on the 10-year Treasury fell 6 basis points to 4.193%. The 2-year Treasury yield was last at 4.385%, down more than 5 basis points. Yields and prices have an … Read more
Wherever you stand on the issue of climate change, chances are you are already paying for it. Take the cost of homeowners insurance, up 27% nationwide since 2021, according to data compiled by online insurance marketplace Insurify. And in some states, it’s far worse, like Louisiana, where premiums are projected to rise 23% this year … Read more
U.S. Treasury yields declined Thursday as investors sifted through a batch of economic data and prepared for next week’s Federal Reserve meeting. The yield on the 10-year Treasury was down nearly 6 basis points to 4.226%. The 2-year Treasury yield dropped 1 basis point lower to 4.404%. Yields and prices move in opposite directions. One … Read more
By most measures, the U.S. economy is doing well. And yet, many people would argue otherwise. Roughly 3 in 5 Americans believe that the U.S. is currently in a recession, according to a new survey of 2,000 adults by Affirm. Of those respondents, most said a recession started roughly 15 months ago, in March of … Read more
Longer-dated U.S. Treasury yields ticked higher on Monday as investors awaited key economic data slated for the week and markets considered the latest U.S. political developments. The 10-year Treasury was up about 2 basis points to about 4.26%. The 2-year Treasury yield was up more than 1 basis point to 4.52%, while the 30-year was … Read more
Outlet malls have been an American staple for shoppers since the 1930s. But they’re not doing as well as they once were. Historically, outlets were attached to the factories where apparel was made, selling out-of-season, overrun or faulty merchandise at a discount to employees. Soon enough, they expanded to the general public and became a … Read more
Former U.S. President Donald Trump speaks during a campaign rally at the Butler Farm Show in Butler, Pennsylvania, on July 13, 2024. Brendan Mcdermid | Reuters Former U.S. President Donald Trump, who is vying for another White House mandate, said he thinks Taiwan should pay the U.S. for defense, claiming that the country “doesn’t give … Read more
Federal Reserve Bank Chair Jerome Powell speaks during a House Financial Services Committee hearing on the Federal Reserve’s Semi-Annual Monetary Policy Report at the U.S. Capitol on July 10, 2024 in Washington, DC. Bonnie Cash | Getty Images Traders are now 100% certain the Federal Reserve will cut interest rates by September. There are now … Read more
US former President and 2024 Republican presidential candidate Donald Trump, a bandage on his ear after being wounded in an assassination attempt, attends the first day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, July 15, 2024. Brendan Smialowski | Afp | Getty Images A second presidential term for former … Read more
AI isn’t just a hyped innovation in the tech sector; the food industry is also investing heavily in the red-hot trend. Americans heading to the grocery store or their favorite fast-food restaurant will already have noticed the introduction of the new technology in such services as self-checkout kiosks and even AI ordering in drive-thru lanes. … Read more
