investors react to hot wholesale inflation

U.S. Treasury yields fell Friday as investors reacted to a stronger-than-expected January wholesale inflation report, and a tumbling stock market amid rising fears of artificial intelligence hurting the economy. The benchmark 10-year Treasury yield fell more than 5 basis points to 3.962%, while the 30-year Treasury bond yield dropped more than 3 basis points to 4.631%. The 2-year Treasury note yield…

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What to expect as fight for billions begins

U.S. importers will be facing many hurdles trying to recover billions in tariff costs now that the Supreme Court has ruled President Donald Trump‘s International Emergency Economic Powers Act, or IEEPA, tariffs are illegal. Companies large and small may be eligible for refund payments that in total could reach hundreds of billions of dollars, but…

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