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Why Long-Term Bond Yields Are Up in the US, UK and Japan
A global selloff in long-dated bonds — including 30-year UK gilts, US Treasuries and Japanese government bonds — has deepened.
On today’s Big Take po…
5 months, 3 weeks ago
What Xi Jinping’s Military Purge Means for China and the World
Beijing is holding its first military parade since 2019, showcasing the strength of China’s armed forces. Underneath the show of power, a Bloomberg i…
5 months, 3 weeks ago
The Crises Vying for Dwindling Foreign Aid
The dismantling of USAID is contributing to a 17% drop in foreign aid this year. That’s put some of the world’s worst conflicts in competition with e…
6 months ago
The Latest Science on Extreme Heat: How Hot Is Too Hot?
Nearly half a million people die every year as a result of extreme heat. That’s more than the total from hurricanes, earthquakes and floods combined.…
6 months ago
Taylor Swift Wedding Predictions Are the Hottest New Trade
Gamblers on prediction sites like Polymarket and Kalshi are already trying to cash in on Taylor Swift and Travis Kelce’s engagement — betting on ever…
6 months ago
Trump Has a Shipbuilding Dream. Can South Korea Make It a Reality?
South Korean shipyards are busier than they’ve been in years. Seoul and Washington are working to finalize a new trade deal that will include a $150 …
6 months ago
Why Trump Is Trying to Fire Lisa Cook
President Donald Trump shared a letter on social media Monday night, addressed to Federal Reserve Board Governor Lisa Cook stating he had made the de…
6 months ago
What the End of the De Minimus Trade Loophole Means for Your Shopping
This Friday, a big change is coming for the more than 4 million inexpensive packages that enter the US daily from abroad: President Donald Trump is e…
6 months ago
Why Austan Goolsbee Is Still Concerned About Inflation
Chicago Fed President Austan Goolsbee is still more concerned about the inflation side of the Fed's mandate than he is about the employment side. Thi…
6 months ago
What Powell Said About the Possibility of a September Rate Cut
In a speech at the annual Jackson Hole Economic Policy Symposium, Fed Chair Jerome Powell left the door open for a possible interest rate cut in Sept…
6 months, 1 week ago