Treasury yields edged higher on Tuesday, extending a global bond sell-off and threatening to raise borrowing costs for millions of Americans. The yield on the 10-year Treasury, which influences mortgage rates, rose to 4.78%, up from 4.75% late Monday and the highest level since January 2025. The yield on the 2-year Treasury, which closely tracks…
Companies that stuck with their diversity, equity, and inclusion policies during the second Trump administration, which has sought to cut such programs from the federal government and encouraged private-sector firms to follow suit, have incurred no financial penalties, according to a new study. Corporations in the S&P 500 that maintained their DEI programs performed just…
In his first month on the job, Defense Secretary Pete Hegseth promised it “would be the most transparent administration ever,” offering a sharp contrast with the previous wars in Iraq and Afghanistan that critics said had been shrouded in secrecy and misleading public statements. Now, as the American-led war against Iran enters its sixth month,…
The Narendra Modi-led government has often declared proudly that its ministers do not resign under public pressure, unlike those from previous governments. However, that hubris was shattered on July 25 when Dharmendra Pradhan, India’s education minister, was forced to resign following widespread youth anger and resistance galvanised by the successful protest in New Delhi led…
The Consumer Price Index rose 2.4% in January from a year ago, below economists’ forecasts and a sign that price pressures across the U.S. are easing. By the numbers The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm FactSet. The January CPI represents…
Torrential rains caused flash floods in West Virginia that inundated homes and businesses, washed out bridges and led to numerous water rescues. The state’s governor said some residents were unaccounted for as search operations continued Wednesday. Gov. Patrick Morrisey sent 500 National Guard members to the hardest-hit areas in the northern part of the state…
