U.S. Economy
Trump previewed weak GDP on Truth Social ahead of official data release
U.S. President Donald Trump speaks at the Coosa Steel Corporation on Feb. 19, 2026 in Rome, Georgia. Chip Somodevilla | Getty Images Forty minutes before the federal government revealed that economic growth slowed sharply in the last quarter, President Donald Trump dropped a hint that the incoming data would be weaker. “The Democrat Shutdown cost […]
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The Tech Download: China’s AI surge — real threat or hype?
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Most of the world’s population could be running on a Chinese tech stack in five to 10 years, one analyst told CNBC’s “Squawk Box Europe” earlier this week. The U.S.’ “perceived monopoly” on tech and AI has been […]
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Treasury yields nudged higher as investors await Fed meeting minutes
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Feb. 6, 2026. Michael Nagle | Bloomberg | Getty Images U.S. Treasury yields edged higher on Wednesday as investors anticipated the Federal Reserve’s meeting minutes and key inflation data. The 10-year Treasury yield rose more than 1 basis point […]
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‘Dismal’ China exports add to freight trade slump for nation’s biggest port
The Port of Los Angeles is seen from the Goodyear Blimp on Thursday, Dec. 11, 2025 in Los Angeles, CA. Juliana Yamada | Los Angeles Times | Getty Images New data from the Port of Los Angeles shows that commitments made by China to buy more U.S. agricultural products as part of a trade bargain […]
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Treasury yields move lower as investors look ahead to more delayed data
U.S. Treasury yields inched lower on Tuesday as investors looked ahead to more delayed data releases during the holiday-shortened trading week. At 3:34 a.m. ET, the 10-year Treasury yield had dropped more than 3 basis points to 4.02%, and the 30-year Treasury bond yield had also dipped 3 basis points to 4.66%. The 2-year Treasury note yield was 2 basis points […]
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From Hyatt to Holiday Inn, America’s free hotel breakfast is facing a K-shaped economic threat
Jeff Greenberg | Universal Images Group | Getty Images At some point in the 1980s and 90s, the free hot breakfast became a staple of the hospitality industry. At many a Holiday Inn or Hampton Inn, the lobby at 8 a.m. is a pinwheel of pajama-clad kids, frazzled parents, and solo business travelers jockeying for […]
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What’s next for Cuba? Trump turns the screws as the island runs out of jet fuel
Cuba’s President Miguel Diaz-Canel (C) takes part in the “Anti-Imperialist” protest in front of the US Embassy against the US incursion in Venezuela, where 32 Cuban soldiers lost their lives, in Havana on January 16, 2026. Yamil Lage | Afp | Getty Images Cuba’s communist-run government is facing its biggest test since the collapse of […]
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Op-ed: The world economy is on the move. Too many roads lead away from Trump and to China
British Prime Minister Keir Starmer attends a ceremonial welcome with Li Qiang, Premier of the People’s Republic of China, ahead of their meeting at the Great Hall of The People during his visit to China, on January 29, 2026 in Beijing, China. Carl Court | Getty Images News | Getty Images The geopolitical tectonic plates […]
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Senate should proceed with Warsh hearings for Fed chair despite Powell probe: Bessent
The Senate should move to advance Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chairman, even as a federal criminal investigation into current chair Jerome Powell continues, Treasury Secretary Scott Bessent said Friday. Bessent, in an interview on CNBC’s “Squawk Box,” said he believes after speaking this week to Republicans on the Senate Banking […]
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