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Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut interest rates, but as a group agreed to avoid giving much guidance from here on about how U.S. monetary policy is likely to evolve. There was uncertainty about the direction of the economy, Fed officials […]
The 10-year Treasury yield was little changed on Friday as investors weighed mixed economic data and assessed the state of the economy. The yield on the 10-year Treasury sat at 4.428%, down less than 1 basis point. The 2-year Treasury yield was last trading at 4.375% after rising more than 2 basis points. Yields and […]
The Garden City Port Terminal in Savannah, Georgia. Sean Rayford | Getty Images Uncertainty among U.S. shippers is escalating into 2025 with the expectation of new Trump tariffs and the possibility of a new ports strike that could begin in mid-January. Supply chain and logistics executives told CNBC that shippers are now trying to game […]
President-Elect Donald J. Trump won the White House based partly on his promises to rein in immigration, with targeted policies that range from sending criminals to their home countries to more sweeping ones like mass deportations. During the campaign, Trump pledged to end the Temporary Protected Status that allows workers from select countries to come to […]
SINGORE – The dollar took a breather on Friday, on track to cap off a wild week with a slight gain as markets weighed the impact of Donald Trump’s impending return to the White House and what that would mean for the U.S. economy and its rate outlook. Beijing concludes its five-day meeting of the […]
U.S. Government’s 2024 Budget Visualized This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. The U.S. government faced one of its largest budget deficits ever in fiscal year 2024, due to rising interest rates and government […]