Economy
Fed Extends Pause on Reserve Management Purchases to Mid-October
US 10-year yield hits highest level since 2007
Indonesia's Danantara Manages $1 Trillion Sovereign Wealth Fund
10-year U.S. Treasury bond yield hits highest level since 2007
US diesel prices hit record high amid Iran conflict fallout and political blame
Oil prices rise past $108 after new Houthi strikes and Gulf shipping attacks
Bank of England dovish majority faces test from surging oil prices
Pakistan Keeps Benchmark Interest Rate Unchanged for Third Straight Meeting
Nigerian Inflation Unexpectedly Eases, Boosting Rate-Cut Hopes
Weak Chinese economic data prompts calls for fiscal stimulus
Canada urges EU to cement trade deal amid US pivot
CBO finds Iran war cost Pentagon $38.1 billion in first five months
A Congressional Budget Office report estimates that the Iran war has cost the Pentagon an average of $246 million per day during its initial five months.
- The Congressional Budget Office estimated the conflict cost the Pentagon $38.1 billion through August 1.
- Monthly ongoing costs are estimated between $2 billion and $3 billion.
China Home Price Slump Persists as Used-Home Values Drop Faster
Treasury secretary backs Trump's $5,000 checks amid bribery accusations
Bessent to meet He Lifeng in New York ahead of Trump-Xi summit
UK retirees with no other income will not pay tax on new state pension
Indonesia's New Finance Minister Faces Fiscal Credibility Challenges
Census Bureau Reports Rising Incomes and Falling Poverty in 2025
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