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Wall Street is slumping on Wednesday under the weight of pressure from the bond market, where Treasury yields climbed on worries about the U.S. government's spiraling debt and other concerns.
White House National Economic Council Director Kevin Hassett doesn't agree with Moody's downgrade of the US credit rating.
Trump backed spending bill clears one hurdle and is set to head to the House. Here's the latest on no tax on tips, overtime and more.
See why economic risks, rising federal deficits, and corporate earnings pressures keep our cautious Hold rating on the market ...
The Treasury sold $16 billion worth of 20-year bonds, and the auction settled with a 20-year Treasury yield above 5%, signaling investors are demanding higher rates to hold US debt. The auction ...
Mortgage rates briefly spiked to 4.56% following Moody’s downgrade of U.S. debt, but quickly stabilized’ One mortgage lender ...
Ratings agency Moody’s last week downgraded the US government’s credit rating, citing concerns over the country’s ballooning ...
Even with many of the major central banks around the world cutting their benchmark rates, the US Federal Reserve (Fed) has ...
A new report by Goldman Sachs finds that while larger tax cuts will yield a bigger growth boost, the drag on economic growth ...
SINGAPORE] Moody’s downgrade of the US’ credit rating by a notch (Aaa to Aa1) shouldn’t have come as a big surprise. Earlier ...
U.S. Treasury yields ticked higher on Wednesday as investors closely monitored discussions on the budget bill and federal ...
The credit ratings agency said India is in a better position than many other emerging markets to handle the tariff challenges ...