U.S. News
Surging Treasury yields pose a brand new problem for Kevin Warsh and the Fed
Markets expect the central bank will take a firmer hand on inflation. It’s not that easy.
Senate narrowly votes down resolution calling for end to Iran war
The vote came weeks before the midterm election, where President Donald Trump’s fellow Republicans are trying to retain their majorities in Congress.
Senate to vote on ending Iran war as Americans face higher fuel costs from conflict
The vote comes weeks before the midterm elections, where President Donald Trump’s fellow Republicans are trying to retain their majorities in Congress.
The ‘Magnificent Seven’ is bucking the market trend. Why the jump in Treasury yields may be helping
The tech giants surged to all-time highs this week, a surprising show of strength given that the group has floundered for much of this year.
Analysis: Higher Treasury yields deliver a reality check on a hot, inflation-prone economy
Elevated Treasury yields will complicate both Federal Reserve policy and Treasury financing.
Philadelphia Fed’s Anna Paulson says ‘modest’ rate moves likely ahead to tame inflation
The policymaker said she and her colleagues may need to raise interest rates further to bring inflation back to target.
Darden Restaurants stock falls as Olive Garden reports slower growth
Olive Garden’s same-store sales growth has slowed in recent quarters.
Starbucks to shutter about 250 stores in latest round of cafe closures
Starbucks will close about 1% of its North American cafes in the latest stage of its turnaround.
Trump, Xi to talk Taiwan, AI, trade and Iran as DC summit kicks off
Trump greeted China’s Xi at Joint Base Andrews, marking the U.S. president’s first time traveling to the facility to welcome a foreign leader.
Mark Zuckerberg debuts $1,299 Meta VR Glasses and Muse Charm pendant as part of AI agent push
At Meta Connect, CEO Mark Zuckerberg revealed new VR Glasses and the Muse Charm gadget for AI agents.
Flock, Axon dodge Senate hearing after invite from Chair Josh Hawley
Prior to the hearing about the surveillance technology companies, Sen. Josh Hawley, R-Mo., suggested the executives could face subpoenas.
Meta’s standoff with Amazon over Muse could be a sign of things to come
Meta’s new Muse AI personal agent is garnering excitement and shows signs of becoming a hit, but Amazon has blocked the app from its site.
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