Asia food inflation fears rise as rice prices surge
An undated stock photo of a market stall with piles of many varieties of Vietnamese rice in Ho Chi Minh city grocery. Vietnam is one of the largest exporters of …
Prices
investors await Fed speaker comments, economic data
U.S. Treasury yields climbed on Monday as investors remain concerned that interest rates could remain higher for longer than expected. The yield on the 10-year Treasury was up by more …
Treasury yields are putting pressure on stocks
Traders work on the floor of the New York Stock Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images This report is from today’s …
Stocks are under pressure from Treasury yields
Traders work the floor of the New York Stock Exchange on July 25, 2023, in New York City. Angela Weiss | AFP | Getty Images This report is from today’s …
10-year yield rises to highest level since October 2022
U.S. Treasury yields were mixed Thursday as investors digested minutes from the Federal Reserve’s latest meeting and considered the outlook for inflation and interest rates. At 1:36 p.m. ET, the …
Bitcoin nears 2-month low after Fed minutes dial up inflation worry
Cryptocurrencies were under pressure Thursday as investors grappled with renewed concerns about the U.S. economy. Bitcoin was last lower by about 4% at $27,901.60, according to Coin Metrics. The slide …
Inflation and rates might go higher, warns the Fed
U.S. Federal Reserve Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on July 26, 2023 in Washington, DC. Chen Mengtong | China News …
Biden takes a victory lap a year after signing Inflation Reduction Act
U.S. President Joe Biden gives a fist bump salute to the audience during an event to celebrate the anniversary of his signing of the 2022 Inflation Reduction Act legislation, in …
Fed officials see inflation ‘upside risks’
Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes could be necessary in the future unless conditions change, minutes …
Rather than a recession, we could be in a ‘richcession’ instead
A ‘richcession’ may be underway “In most recessions, unemployment rises more for lower-income groups,” said Tomas Philipson, a professor of public policy studies at the University of Chicago and former …