Dave Petso has been a wealth manager in Boise, Idaho since the 1980s. His business has survived multiple recessions, the bursting of the dot-com bubble and the 2008 financial crisis. For most of Petso’s 45-year career, Micron, the hometown maker of computer memory, has been a boring enterprise tech company and, in his words, a…
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Aug. 19, 2026. Jeenah Moon | Reuters Bond yields climbed Thursday morning, erasing most of the pullback they saw the previous day after the Treasury Department announced an intervention aimed at easing pressure on longer-dated government debt….
President Donald Trump delivers remarks during a meeting with cryptocurrency executives in the Roosevelt Room of the White House in Washington, Aug. 19, 2026. Jim Watson | AFP | Getty Images President Donald Trump on Wednesday expressed frustration that the Federal Reserve isn’t cutting interest rates, insisting that solid economic data shouldn’t stop the central…
Government debt has eclipsed $40 trillion, passing yet another staggering benchmark for red ink, according to the Treasury Department. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. Source link
Chair of the Federal Reserve Kevin Warsh speaks during a news conference at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, on July 29, 2026. Brendan Smialowski | Afp | Getty Images Federal Reserve officials indicated at their last meeting that they would need to raise interest rates soon unless there…
US President Donald Trump greets Canada’s Prime Minister Mark Carney during a summit on Gaza in Sharm el-Sheikh on October 13, 2025. Trump landed in Egypt on October 13 for a summit on Gaza, following a lightning visit to Israel after a ceasefire he brokered entered into force. Evan Vucci | Afp | Getty Images…
People walk in front of a billboard honouring a participant in Russia’s military action in Ukraine and reading “Pride of Russia!” and a Neftmagistral gas station pylon which shows that there is no gasoline at the station in Moscow on July 10, 2026. Igor Ivanko | Afp | Getty Images Russian government officials told CNBC…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Aug. 5, 2026. Jeenah Moon | Reuters Treasury yields rose on Tuesday, with long-dated yields surging to their highest level in over two decades, as tensions between the U.S. and Iran persisted. The early hours of Tuesday morning…
U.S. President Donald Trump speaks during a news conference in James S. Brady Press Briefing Room of the White House on April 06, 2026 in Washington, DC. Alex Wong | Getty Images News | Getty Images A cargo vessel was struck by a projectile while transiting the Strait of Hormuz, the U.K. Maritime Trade Operations…
Traders work on the floor of the New York Stock Exchange (NYSE) on July 23, 2026 in New York. Angela Weiss | AFP | Getty Images Treasury yields were higher on Monday as oil prices rose, with worries growing among investors about persistent inflation and government borrowing. The 30-year Treasury yield, which is typically sensitive…
