Sugar Bowl postponed one day following deadly New Orleans attack
Economy

Sugar Bowl postponed one day following deadly New Orleans attack

The Mercedes-Benz Superdome after a sudden power outage during Super Bowl XLVII. The stadium is now known as the Caesars Superdome. Getty Images The Sugar Bowl has been postponed one day until Thursday following the deadly attack in New Orleans. The decision comes hours after a 42-year-old man crashed a pickup truck into a crowd […]

The battered bond market starts 2025 facing some difficult issues about debt
Economy

The battered bond market starts 2025 facing some difficult issues about debt

The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images As if the bond rout in 2024 wasn’t bad enough, fixed income investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due. Nearly $3 trillion of U.S. debt is […]

Treasury sell-off continues after divided Fed holds interest rates steady
Economy

Treasury sell-off continues after divided Fed holds interest rates steady

U.S. Treasury yields were little changed on Thursday as investors weighed the Federal Reserve’s decision to hold interest rates steady and sought insight on future monetary policy decisions. The 30-year Treasury bond yield hovered near levels not seen since 2007, having jumped 6 basis points after regular trading on Wednesday to above 5.2%. The rest […]

U.S. strikes Iran after surprise missile attack, dashing hopes of de-escalation
Economy

U.S. strikes Iran after surprise missile attack, dashing hopes of de-escalation

US President Donald Trump during an announcement in the Oval Office of the White House in Washington, DC, US, on Wednesday, July 29, 2026. Aaron Schwartz | Bloomberg | Getty Images Iran’s Revolutionary Guard threatened further escalation on Thursday after a wave of retaliatory U.S. strikes on the country overnight. The Guard said on Thursday […]