Bessent touts bond market as 10-year Treasury yield spikes
Treasury Secretary Scott Bessent downplayed short-term bond moves even as he touted the U.S. market, saying, “what happens over a month doesn’t matter.”
Canada’s Carney slaps Trump admin for ‘doing memes … throwing shade’
Canadian Prime Minister Mark Carney said “It’s beneath their office’ when asked about Trump Cabinet secretaries insulting his nation’s military.
Fed Governor Barr says he’ll support rate hike if inflation doesn’t ease
The policymaker said he’s concerned about “broader price pressures taking hold” as inflation has prevailed above the Fed’s 2% target.
Waymo and Zoox expand into more U.S. markets as robotaxi race heats up
Waymo is bringing driverless rides to three more cities, and Amazon plans to start testing in two additional U.S. markets.
U.S. House votes to avoid government shutdown amid GOP hard-liner resistance
The U.S. House on Tuesday voted in favor of a short-term spending measure that would avoid a government shutdown until after November’s midterm election.
Toyota’s hybrid RAV4 is in demand as dealers wait for more supply
When Toyota announced the new version of its SUV, it said the RAV4 would only be available as a hybrid and that production would be limited at first.
Apple enters John Ternus era as AI challenges and memory crunch intensify
John Ternus’ first day as Apple CEO comes at a critical juncture for the iPhone maker, with memory prices soaring and AI challenges looming.
India rejects court order to uphold decades-old water-sharing treaty with Pakistan
The arbitration ruling adds a new layer of stress to a long-simmering water dispute between two nuclear-armed neighbors.
These emerging markets are favored to get ‘a wall of money’ from carry trades
Emerging markets could attract more capital as Treasury bond buyback plans weaken the dollar and support carry trades, analysts say.
U.S. crude oil hits $90 per barrel following latest U.S. attacks against Iran
Oil prices extended gains Tuesday as tensions in the Middle East escalated, with the U.S. carrying out new strikes against Iran.
