Federal Reserve Chair Kevin Warsh signaled that the US central bank may need to do more to contain inflation, arguing that recent improvements in price data have not provided enough …
Business
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Business
US PCE in July higher than expected at 3.7%, but core PCE matches forecast
by adminby adminUS consumer prices rose slightly in July, with the Federal Reserve’s preferred inflation gauge showing that price pressures remain elevated as policymakers weigh the next move on interest rates. The …
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Business
US inflation test is hours away: 3 stocks most exposed to the PCE surprise
by adminby adminUS markets face a key inflation test on Wednesday as investors wait for July’s personal consumption expenditures report, which could reset expectations for interest rates and Treasury yields. The Bureau …
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America wants cheaper debt: why Wall Street says Treasury tricks won’t fix it
by adminby adminAmerica’s problem is not that investors have stopped trusting Treasury debt, but that they increasingly want to be paid more to hold it. Long-term US yields remain close to multi-decade …
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Business
US-Canada trade talks collapse as 50% tariffs take effect: what happens next?
by adminby adminThe United States and Canada appeared close to a trade agreement earlier last week. Instead, negotiations broke down on Friday, prompting Washington to impose 50% tariffs on some Canadian products …
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GOP lawmakers criticize Trump’s beef import plan amid blowback from ranchers
by adminby adminHouse and Senate Republicans on Friday criticized President Donald Trump’s decision to suspend tariffs on ground beef imports, with lawmakers from agricultural states decrying the impact Trump’s decision will have …
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US consumers are continuing to spend, but recent results from major retailers suggest they are becoming more selective about where and how they spend their money. Walmart’s sharp stock decline …
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Business
30-year Treasury yields: why they’re set to soar despite Bessent’s intervention
by adminby adminUS 30-year government bond yields rebounded for the second consecutive day, reaching a high of 5.250%, up modestly from this week’s low of 5.17%. It is hovering near the year-to-date …
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A new group of industries is reshaping political spending in the US as cryptocurrency, artificial intelligence and online betting companies pour money into the 2026 midterm elections. Corporate spending on …
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Canada has secured a three-day reprieve from a new round of steep US tariffs after President Donald Trump said Washington and Ottawa were close to reaching a trade agreement. Trump …