10-year Treasury yield rises to highest since 2007 as Fed rate-hike expectations rise
The sell-off in U.S. government debt is deepening as investors increasingly price in an interest rate hike this week.
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Iranian foreign minister will head to China for talks, as Pentagon reveals financial cost of war
Iranian foreign minister Abbas Araqchi will visit China on Wednesday for talks, Beijing's foreign ministry announced on Tuesday.
China's August retail sales miss forecast while investment slump deepens, piling pressure on Beijing
China's investment slump deepened, retail sales growth slowed further in August while industrial output blew past estimates as Beijing warns of supply-demand imbalance.
The Supreme Court Just Blocked Trump’s Efforts to Control Mail-In Voting for the Midterms
The ruling bars the United States Postal Service from implementing restrictions that experts and election officials say would upend voting in November.
Supreme Court rejects Trump bid to lift block on U.S. Postal Service mail-in ballots rule
Justice Brett Kavanaugh said that applying the U.S. Postal Service rule in the 2026 midterm elections "would be arbitrary and capricious."
Mitch McConnell returns to Senate after three-month health absence
The 84-year-old Kentucky Republican is back in Washington after a fall, hospitalization, pneumonia and weeks of rehabilitation kept him away from the Senate.
Warren to rip Clarity Act on Senate floor ahead of key preliminary vote
Sen. Elizabeth Warren will call the latest Clarity Act ethics proposal blessed by Trump a "weak fig leaf."
Counting the votes: Warsh faces a tough battle as the Fed girds for expected interest rate hike
Traders were pricing in a better than 92% probability of a rate increase, as well as a more than 75% chance for another one in December.
Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide
The muted outlook from the country's second-largest bank by assets could be an early signal that Wall Street's AI boom might have hit turbulence.
Warsh's credibility is on the line this week as Trump policies put pressure on Fed to hike
With inflation above target and no visibility on lower oil prices or stability of tariffs, the Fed chairman needs to pass the test that has faced his predecessors
Six UN staff killed in Gaza school strike; Lebanon violations mount
Israeli strikes killed six UN workers and civilians at a school sheltering displaced families in Gaza as needs grow, according to the UN agency for Palestine refugees, UNRWA.
UN agencies warn humanitarian system in Sudan ‘could collapse’
UN aid agencies on Monday said they may be forced to scale back humanitarian aid in Sudan – home of the world’s worst hunger and displacement crisis – due to funding shortfalls.