Treasury details plans to step up size of bond sales to manage growing debt load and higher rates
The Treasury Department announced plans Wednesday to accelerate the size of its auctions as it looks to handle its heavy debt load and with financing...
Stanley Druckenmiller says government needs to stop spending like ‘drunken sailors,’ cut entitlements
Billionaire investor Stanley Druckenmiller said the federal government has been spending recklessly and failed to issue debt at low rates in past years, mistakes that will ultimately...
Consumer prices rose 0.4%, more than expected
Prices that consumers pay for a wide variety of goods and services increased at a slightly faster-than-expected pace in September, keeping inflation in the spotlight...
PPI September2023: Wholesale inflation rose 0.5%
A measure of wholesale prices rose more than expected in September, indicating simmering inflation pressures for the U.S. economy. The producer price index, which measures...
Consumers buckling for first time in decade: Former Walmart U.S. CEO
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill...
U.S. Treasury yields: investors weigh economic outlook
The 10-year Treasury yield, which serves as a benchmark for mortgage rates and as an investor confidence barometer, on Tuesday surged to its highest level...
Ray Dalio says the U.S. is going to have a debt crisis
Roy Rochlin | Getty Images Entertainment | Getty Images Billionaire investor Ray Dalio is watching closely the “risky” U.S. fiscal situation. “We’re going to have...
U.S. is weaker now than when we downgraded in 2011
Washington, D.C. – March 17, 2023: President Joe Biden and House Speaker Kevin McCarthy speak outside the Annual Friends of Ireland Luncheon at the U.S....
Gold ekes out gains as US dollar, yields ease
Bloomberg / Contributor / Getty Images Gold prices edged higher on Friday, helped by a slight pullback in the dollar and bond yields as investors...
Gold prices firm as US dollar eases, Fed meeting looms
Bars of gold are seen at Krastsvetmet, one of the world’s largest producers of precious metals, in Moscow, January 31, 2023. Alexander Manzyuk | Anadolu...