Tag: Breaking News: Economy
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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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Where commercial real estate demand is the highest, according to new data
The National Association of Realtors has released a new index that uses factors in local economies to indicate future demand.
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How Micron’s $50 billion Boise buildout is reshaping its hometown
Micron’s AI-fueled rise and expansion are creating jobs and wealth in Boise, Idaho, while adding pressure to housing, traffic and the city’s identity.
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Bond yields edge higher as traders digest Treasury debt buyback plan
Bond yields edged higher after pulling back sharply during Wednesday’s session.
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Trump says Iran’s economy is collapsing. A former central bank adviser in Tehran pushes back
Iran’s economy is deteriorating under the weight of mounting sanctions, but far from unraveling, a former adviser to Iran’s central bank told CNBC.
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CNBC Daily Open: Trump bemoans ‘ridiculous rates’
President Donald Trump is raging against rates, vowing economic warfare on Iran and lending support to crypto regulation in a busy environment for investors.
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U.S. government debt passes $40 trillion, more than doubling in a decade
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu The total U.S. government debt reached $40.05 trillion as of Tuesday, according to the Treasury Department. Treasury reported a $432.3
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