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U.S. Economy

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Treasury yields rise as investors weigh economic, geopolitical outlook

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Treasury yields were last higher on Wednesday as investors weighed the state of the U.S. economy and considered the latest developments in the Middle...
Bussiness

Massive port strike could have ‘devastating consequences’ for consumers, expert says

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Port of Miami dockworkers strike near the port entrance and demand a new labor contract, on October 1, 2024 in Miami, Florida. Giorgio Viera |...
Bussiness

Port strike fallout: Blockbuster weight-loss drug supply from Wegovy to Ozempic, Mounjaro, Zepbound caught up in East Coast trade shutdown

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An Eli Lilly & Co. Zepbound injection pen, March 28, 2024.Bloomberg | Bloomberg | Getty ImagesAs a port strike stretching from New England to...
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A historic strike is underway at U.S. ports — and the impact on global supply chains could be huge

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A container ship departs the Port of Newark for the Atlantic Ocean on September 30, 2024 seen from New York City.Spencer Platt | Getty...
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East Coast port strike: Truckers, rails scramble to move billions in cargo before ILA union midnight shutdown

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Shipping containers stacked at a storage yard outside of the APM Terminals yard at the Port of Mobile in Mobile, Alabama, US, on Saturday,...
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September consumer confidence falls the most in three years

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Consumers' view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and...
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Treasury yields rise as investors digest Fed’s jumbo rate cut

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U.S. Treasury yields were higher on Thursday as investors digested the Federal Reserve's decision to cut interest rates by 50 basis points on Wednesday.At...
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Fed meeting recap: Chair Jerome Powell defends central bank’s decision to go big with first cut

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Risk of downturn not heightened following rate decision, Powell saysFederal Reserve Chair Jerome Powell does not see the risk of an economic downturn being...
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It’s a big week for central banks around the world, with a slew of rate moves on the table

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Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves' William McChesney Martin Building in...
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Here’s the inflation breakdown for August 2024 — in one chart

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Grace Cary | Moment | Getty ImagesInflation continued to throttle back in August, signaling that the fast-rising prices that plagued the U.S. economy for...
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Treasury yields fall after weak jobs report

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Treasury yields fell Friday after August's nonfarm payrolls report showed an easing labor market, fueling concerns of an economic slowdown.The yield on the 10-year...
Bussiness

Treasury yields rally as Federal Reserve signals readiness for September rate cut

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The U.S. 10-year Treasury rose on Thursday as dovish minutes from the latest Federal Reserve meeting and a large revision lower in preliminary payrolls...
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