1+ day, 5+ hour ago   (1180+ words) The attempt by US Treasury Secretary Scott Bessent to bring down bond yields (interest rates) at the longer end of the market by organising an increased Treasury buyback operation of up to $6 billion has hit the ground with a thud....

2+ day, 7+ hour ago   (405+ words) Against this backdrop, Trump presented his $5,000 bribe as the product of his administration’s supposed economic success. “Very much like a successful company will do a cash distribution to its shareholders.” With roughly 240 million adult citizens in the United States, a…...

3+ day, 4+ hour ago   (891+ words) The US-Iran war entered a new phase on Tuesday, with Washington and Tehran exchanging missile strikes that included attacks on shipping and threats of further escalation across the Middle East. The US destroyed five Iranian oil tankers after Iran reportedly…...

1+ week, 3+ day ago   (672+ words) The US military fired a missile at a house hosting a wedding Tuesday in Kuhestak, in Sirik County on Iran’s southern coast, killing at least four people, including a 4-year-old child, and wounding dozens, Iranian officials said Wednesday. The Iranian Red…...

1+ week, 4+ day ago   (1204+ words) The yields on government bonds have reached their highest levels since before the financial crisis of 2008 as the financial markets deliver a directive to governments around the world that they must slash spending on all social services and deepen their…...

1+ week, 6+ day ago   (414+ words) US forces bombed Iranian territory early Sunday for the first time in a month, striking two rocket launchers on Iran’s Larak Island in the Strait of Hormuz. Iran’s Islamic Revolutionary Guard Corps said Sunday the bombing left soldiers and civilians…...

2+ week, 1+ day ago   (1162+ words) In what probably could best be described as an exercise in damage control, Federal Reserve chair Kevin Warsh has sought to dampen down fears in financial circles that he is not prepared to react to persistent inflation by raising interest…...

2+ week, 2+ day ago   (1276+ words) With the announcement that the US national debt has passed the $40 trillion mark and is rising at what is widely acknowledged as an “unsustainable” rate, with no sign of abatement, attention is being directed as to how it is being…...

2+ week, 4+ day ago   (720+ words) The Trump administration on Monday launched what Treasury Secretary Scott Bessent called an “economic D-Day” against Iran—a campaign of secondary sanctions aimed at every country, bank and company that trades with Tehran, above all China, which took roughly nine-tenths…...

2+ week, 6+ day ago   (656+ words) The New York Times reported Sunday that House Democratic leader Hakeem Jeffries and Jared Kushner, the son-in-law of US President Donald Trump and one of his closest advisers, held a private meeting in recent weeks. It took place, according to…...