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News
Bitcoin Stays Below $80,000 After Jobs Data Revives Rate Hike Bets
6+ day, 17+ hour ago (415+ words) Bitcoin was trading near $79,800 on Saturday, September 6, according to Investing.com, after pulling back from a three-month high above $82,000 reached Thursday. The retreat followed stronger-than-expected U.S. jobs data that raised fresh expectations for a Federal Reserve interest rate increase at its…...
U.S. issues sanctions on Turkish bank that it calls a ‘critical financial lifeline’ for Iran
1+ week, 2+ day ago (428+ words) WASHINGTON — The Trump administration announced Friday that it has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government. The actions against Golden Global Yatirim Bankasi Anonim Sirketi…...
Heads or tails? $1 coin with Trump’s face and gold finish to go on sale
1+ week, 4+ day ago (269+ words) The $1 coin designed to celebrate America’s 250th birthday and seemingly President Donald Trump, whose face gazes from one side of the gold finish, will go on sale Wednesday, according the U.S. Mint. The coin’s design — Trump’s visage as “heads” and the…...
Why bond yields are rising and why everyone should care
1+ week, 5+ day ago (1009+ words) WASHINGTON — Interest rates on government bonds are rising again around the world, making borrowing more expensive for consumers and businesses and heightening concerns about whether governments are issuing more debt than financial markets can handle. Rising bond yields are one…...
U.S. bonds sell off as rising oil prices create inflation anxiety
1+ week, 5+ day ago (0+ words) ...
Why Treasury Secretary Scott Bessent’s moves to calm the bond market haven’t worked so far
3+ week, 3+ day ago (850+ words) WASHINGTON — Interest rates rebounded Thursday despite efforts by Treasury Secretary Scott Bessent to put a lid on longer-term borrowing costs, a sign Wall Street investors remain worried about burgeoning government debt, heavy borrowing by tech firms, and the Federal Reserve’s…...