The bond market is signaling a higher chance of recession at the same time it is pricing in more Federal Reserve interest rate hikes.
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The bond market is stoking the debate that a recession is coming, but it may not be
World
Trump now wields sweeping veto power over U.S. Steel. Here’s how the ‘golden share’ works
U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | Reuters President Donald Trump now personally holds sweeping veto power over U.S. Steel’s decisions in key areas, according to an amended corporate charter filed with the Securities and Exchange Commission. U.S. […]
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World
Market tuning out tariffs and tax bill and that will continue in second half, Barclays says
Stocks have been shaking off threats from tariffs and tax policy as of late – and they’re likely to continue doing so, according to Barclays. Markets are poised to stop constantly responding to President Donald Trump’s tariff policy and the “One Big Beautiful” tax bill making its way through Congress, the bank said. Instead, traders’ […]
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World
China’s Xiaomi undercuts Tesla with yet another cheaper car
People check out an electric SUV Xiaomi YU7 at a Xiaomi Store in Hangzhou in east China’s Zhejiang province Thursday, June 26, 2025. Feature China | Future Publishing | Getty Images BEIJING — Chinese smartphone company Xiaomi is taking aim straight at rival Tesla with a new electric SUV. Xiaomi’s luxury YU7 SUV will start […]
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