Economic events
China economic growth accelerates to 5% in first quarter, beating expectations, on robust exports
People walk outside a shopping mall during a week-long National Day holiday in Beijing on October 7, 2025. Greg Baker | Afp | Getty Images China’s economy gathered steam in the first quarter, as robust exports growth offset tepid domestic demand, though the Iran war-fueled energy shock clouds growth outlook, threatening global demand. Gross domestic […]
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Treasury Secretary Scott Bessent is preparing banks to collect citizenship data
Banks in the U.S. may not like the idea of being forced to collect citizenship data on customers, but Treasury Secretary Scott Bessent says they better be prepared for the task. “If Treasury and the banking regulators say it’s their job, it’s their job,” Bessent told CNBC’s Sara Eisen at the Invest in America Forum […]
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Tax Day proposal to exempt Election Day poll worker pay floated by House Democrats
Election officials assist voters in casting their ballot in the primary vote at Bruns Avenue Elementary School, Mecklenburg County Precinct 12, on March 3, 2026 in Charlotte, North Carolina. Grant Baldwin | Getty Images House Democrats on Wednesday are introducing a proposal that would give tax relief to election poll workers. Under the legislation, led […]
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Here are all the ways the Iran war has affected the U.S. economy so far
In an aerial view, the Marathon Petroleum Corp’s Los Angeles Refinery is seen on April 02, 2026 in Carson, California. Justin Sullivan | Getty Images The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much, with soaring energy costs leading the impact and potential hits […]
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U.S. Treasury yields hold steady as markets eye Middle East resolution
Traders work at the New York Stock Exchange on Feb. 18, 2026. NYSE U.S. Treasury yields were little changed on Wednesday as investors monitored signals from the White House that talks to resolve the Middle East conflict will resume this week. The yield on the 10-year U.S. Treasury note — the key benchmark for government borrowing […]
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Iran war will hit UK growth the hardest of any rich economies, IMF says
The U.K. will suffer the biggest hit to growth of all of the world’s richest economies because of the Iran war, the International Monetary Fund warned on Tuesday. In its latest World Economic Outlook, the IMF projected that the U.K. economy will now grow by just 0.8% in 2026, down from 2025’s 1.3% projection. That’s […]
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Treasury yields are steady after light producer prices reading, fall in oil prices
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City. Angela Weiss | Afp | Getty Images Treasury yields held steady on Tuesday following a softer-than-expected producer price index reading and as oil prices slid amid the latest developments in […]
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China exports miss estimates in March, imports post best growth in more than four years
A cargo ship loaded with foreign trade containers sails towards the open sea in Jiaozhou Bay, Qingdao, Shandong, China, on April 13, 2026. Costfoto | Nurphoto | Getty Images China’s export growth slowed in March as manufacturers grappled with surging commodity and energy costs due to the Middle East conflict disrupting supplies, while imports logged […]
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