Tag: Breaking News: Economy
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Treasury yields fall as investors brace for Warsh’s Jackson Hole keynote amid bond fears
Treasury yields fell Monday as investors await Federal Reserve Chair Kevin Warsh’s keynote speech at Jackson Hole later this week.
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Singapore inflation hits highest in nearly two years, but undershoots expectations
Consumer prices rose 2.2% last month, compared with the 2.3% expected by economists polled by Reuters
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Treasury Secretary to announce Iran sanctions as Tehran dismisses economic warfare threat
Bessent told CNBC that the sanctions will be the “toughest” in history.
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Anthropic IPO filing will show AI backlash as a risk factor, sources say
Anthropic is poised to debut on the stock market at a time when the public is increasingly upset about data centers and is fearful about AI taking jobs.
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New York unseats San Francisco as the top market for tech talent, CBRE reports
AI-related roles now account for nearly one-third of all tech-talent job listings in the U.S., per the new CBRE report.
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Longer-dated Treasury yields rise as Bessent’s bond buyback rally fizzles out
Concerns over the Treasury Department’s debt repurchase program continue to weigh on markets.
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CNBC Daily Open: Watching Iran’s economy; a losing game for bonds
U.S. Treasury Secretary Scott Bessent said the U.S. likely won’t need to restart large-scale combat with Iran.
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Bessent says there’s a ‘very good chance’ U.S. budget deficit under Trump has peaked
Treasury Secretary Scott Bessent said Thursday that there’s a “very good chance” of the U.S. has seen its budget deficit peak under President Donald Trump.
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Bessent says U.S. likely won’t restart large-scale Iran combat as it steps up economic pressure
Bessent and President Donald Trump unveiled the economic operation nearly six months into the Iran war, which continues without a clear end in sight.
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Bessent says Treasury buyback operation could be more than $4 billion
Bessent said his department is going “make a market” in the longer-dated securities where yields have been surging lately.
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