U.S. President Donald Trump walks towards reporters from Marine One at at the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images President Donald Trump and one of his top economic advisors on Monday stoked baseless conspiracies about federal jobs data, suggesting without evidence that Friday’s weaker-than-expected employment…
Treasury yields moved higher on Wednesday after the Federal Reserve kept interest rates unchanged and after the U.S. economy grew at a faster-than-expected pace in the second quarter. The 10-year Treasury yield rose 4 basis points to 4.368%. The 2-year yield was up 7.2 basis points at 3.947% and the 30-year bond yield added 2.7 basis points to 4.897%. Prices…
18 July 2025, Bremen, Bremerhaven: Containers are handled at the overseas port. Picture Alliance | Picture Alliance | Getty Images A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of President Donald Trump new trade deal with the European Union. On Sunday, Trump announced a trade deal with the EU, following…
Aerial view of a villager drying Chinese fan palm leaves on July 21, 2025 in Neijiang, Sichuan province of China. Vcg | Visual China Group | Getty Images This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week, we’ll…
The tax-and-spending bill formerly known as the “One Big, Beautiful Bill” has been passed by the House and Senate and signed into law by President Donald Trump. But as the massive piece of legislation comes into force in the coming year, Americans will begin to see a host of changes to tax policy stemming from…
The Bank of Japan headquarters in Tokyo on May 30, 2024. Kazuhiro Nogi | Afp | Getty Images Japan’s benchmark 10-year government bond yield climbed to its highest level since 2008 on Tuesday as concerns about fiscal spending mount ahead of an upper house election. Yields on the 10-year instrument climbed to 1.599%, the highest…
Britain’s Chancellor of the Exchequer Rachel Reeves (C) reacts during a visit to the Sir Ludwig Guttmann Health and Wellbeing Centre in east London on July 3, 2025, where they launched the Government’s new Health Plan. Jack Hill | Afp | Getty Images “I said on day one that economic growth was now our national…
France’s President Emmanuel Macron arrives to deliver a speech to army leaders at l’Hôtel de Brienne in Paris on July 13, 2025, on the eve of the annual Bastille Day Parade in the French capital. Ludovic Marin | Afp | Getty Images French President Emmanuel Macron on Sunday announced plans for a substantial increase in…
A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023. Kevin Lamarque | Reuters The U.S. government posted a surplus in June as tariff receipts gave an extra bump to a sharp increase in receipts, the Treasury Department said Friday. With government red ink swelling…
The evening skyline in Victoria, Australia. Prasit Photo | Moment | Getty Images Australia’s central bank held its policy rate at 3.85%, saying it needed more time to assess inflation data. Economists polled by Reuters had been expecting a cut of 25 basis points to 3.6%. In its statement Tuesday, the Reserve Bank of Australia…
