Economy

The 10-year Treasury yield ticked higher on Thursday as investors awaited the upcoming nonfarm payrolls report for more clarity on the state of the U.S. economy. The benchmark yield rose more than 3 basis points to 4.402%, while the 2-year yield jumped more than 5 basis points to 3.93%. The 30-year long bond yield was flat […]

President Donald Trump and Chinese President Xi Jinping spoke Thursday and agreed that officials from the U.S. and China will meet soon for more talks to resolve an ongoing trade war. Trump said he had a “very good” call with Xi for about 90 minutes, which focused “almost entirely” on trade. The call “resulted in […]

Students and families borrowing money for college will get a slight reprieve for the upcoming school year. The interest rate for undergraduate federal student loans disbursed between July 1, 2025 and June 30, 2026 will be 6.39%, down from 6.53% for the 2024-25 school year, the Department of Education announced on May 30. Graduate loans […]

Russia’s withdrawal from a critically important wartime deal that allowed the export of Ukrainian grain across the Black Sea has reignited fears about global food security, with analysts describing the initiative’s demise as both an inevitable setback and a blow to markets.Hours before the agreement’s expiry, Russia said Monday that it would not renew the… […]

A real estate agency window in Alicante, Spain.Sopa Images | Lightrocket | Getty ImagesMore Americans are flocking to Spain for longer, whether as so-called digital nomads working abroad or to enjoy a new life in retirement.The number of Americans living in Spain grew by 13% from 2019 to 2021, and home sales to Americans jumped… […]

Russia on Monday said it had suspended a humanitarian corridor to deliver key Ukrainian grains to global markets, hours before the agreement’s expiry.First signed in July 2022, the U.N.-brokered Black Sea Grain Initiative has been repeatedly extended in short increments, amid increasing discontent from Russia over perceived restrictions that limit the full dispatch of its… […]

Blood sample for respiratory syncytial virus (RSV) testJarun011 | Istock | Getty ImagesThe Food and Drug Administration on Monday approved AstraZeneca and Sanofi’s shot that protects infants and toddlers against respiratory syncytial virus, which is the leading cause of hospitalization among babies in the U.S.Nirsevimab is the first shot approved by the FDA to protect… […]

BEIJING — China said Monday that second-quarter gross domestic product grew by 6.3% from a year ago, missing expectations.The unemployment rate among young people ages 16 to 24 was 21.3% in June, a new record.The 6.3% GDP print for the second quarter marked a 0.8% pace of growth from the first quarter, slower than the… […]

Jerome Powell, chair of the U.S. Federal Reserve, during the Society For Advancing Business Editing and Writing annual conference in Arlington, Virginia, on April 4, 2025. Tierney L. Cross | Bloomberg | Getty Images Federal Reserve Chairman Jerome Powell told Princeton graduates to “guard” their integrity amid a flurry of criticism from U.S. President Donald […]

U.S. President Donald Trumpsaid Wednesday that it was “extremely hard” to make a deal with his Chinese counterpart Xi Jinpingat a time when the White House has been suggesting the two leaders could talk this week amid rising trade tensions. Scott Bessent, U.S. Treasury secretary, said Thursday stateside that trade talks were “a bit stalled,” […]