2-year Treasury yield jumps after the close, with Powell patient about rate cuts
The policy-sensitive 2-year Treasury yield edged higher after 3 p.m. Eastern time on Thursday, following fresh comments from Federal Reserve Chair Jerome Powell that indicated the central bank isn’t ...
DoD releases 2023 annual report on suicide rates in the military and prevention efforts
The report shows that suicides in 2023 were 9% higher than in 2022, and outlines that most who died were young enlisted men.
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
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Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
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Japan's economy slows in Q3 on tepid capex; consumption picks up
Japan's economy expanded by an annualized 0.9 percent over the July-September quarter, government data showed on Friday, ...
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...