Visitors in the Jackson Lake Lodge ahead of the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Wednesday, Aug. 26, 2026. Bloomberg | Bloomberg | Getty Images Treasury yields were little changed early Friday as global investors await the highly anticipated keynote speech from Federal Reserve Chair Kevin Warsh…
Employees work on the assembly line of an intelligent factory of SERES Automobile Co., Ltd in Chongqing, China on July 19, 2022. Vcg | Visual China Group | Getty Images China’s industrial profits growth in July slowed to its weakest pace this year, expanding 11.2% from a year earlier, according to National Bureau of Statistics…
Presidential candidate Prabowo Subianto, waves to photographers as he leaves after attending a dialog held by country’s anti-graft agency Corruption Eradication Commission (KPK) at its headquarters in Jakarta, Indonesia, January 17, 2024. Willy Kurniawan | Reuters Indonesia may have trouble meeting its economic-growth goals for the coming year, after spending 2026 on the defensive amid…
The K-shaped economy has become shorthand for a widening, persistent economic divide: higher-income Americans pulling further ahead — in wealth, spending and financial security — while many lower-income households struggle to keep up. Now, that shape may be shifting. “I got sick of hearing about this K-shaped economy,” Treasury Secretary Scott Bessent told CNBC’s “Squawk…
“Vote Here” signage outside a polling location at Westchester Regional Library during a primary election in Miami, Florida, US, on Tuesday, Aug. 18, 2026. Eva Marie Uzcategui | Bloomberg | Getty Images Markets are starting to care about the 2026 midterm elections, which loom 10 weeks away and could rip full control of Congress from…
A photo illustration showing a gold necklace, silver coins and visual representations of bitcoin placed on top of different currencies. Yuriko Nakao | Getty Images The debasement trade is gaining new traction on Wall Street as concern over the size and cost of the budget deficit mounts. The conventional wisdom behind the trade is that…
The U.S. dollar was on the defensive early on Wednesday after comments from Federal Reserve Chair Jerome Powell bolstered wagers on an interest rate cut this month. Bloomberg | Bloomberg | Getty Images New Delhi’s bid to attract foreign funds through a special scheme has helped power $73 billion in inflows in the last 11 weeks, driven…
Treasury yields steadied on Tuesday as investors await more data releases for insights into the U.S. economic picture. Yields on the 10-year Treasury note — the key benchmark for mortgages, auto loans and credit card debt — were flat at at 4.7021%. The longer-dated 30-year Treasury note yield was also unchanged at 5.2297%. The yield…
U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC. Chip Somodevilla | Getty Images Treasury Secretary Scott Bessent is seeking to cap rising yields using a variety of tools…
Treasury Secretary Scott Bessent speaks to members of the media outside the White House in Washington, Aug. 20, 2026. Yuri Gripas | Abaca | Bloomberg | Getty Images The Treasury could use its near $1 trillion General Account to help fund its recently announced plans to increase purchases of government bonds, according to two senior…
