Stocks tally worst session in a month as weak bond-market auction has investors wondering how U.S. will manage its debt
Investors have been warily eyeing rising Treasury yields since the start of May, with some fretting that the latest jump in borrowing costs could soon start hurting stocks.
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BOJ Board Member Noguchi Favors ‘Measured, Step-By-Step Approach' to Rate Hikes
Bank of Japan policy board member Asahi Noguchi struck a more cautious tone about the pace of the bank's future interest-rate hikes, saying it should take "a measured, step-by-step approach."
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U.S. Trade Deals With Allies ‘Suboptimal' Solution to Tariff Drag, EU's Dombrovskis Says
A string of U.S.-led deals with key trading partners could help reduce heightened uncertainty in the business community and financial markets but represent a "suboptimal" solution, says the European Union's top economic official.
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The Fortress That China Built for Its Battle with America
Beijing is racing ahead in advanced technology, including in robots, satellites and AI-and in some cases is catching up with the U.S.
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Trump Tells European Leaders in Private That Putin Isn't Ready to End War
The president made the acknowledgment after speaking to the Russian leader this week but backed off on additional sanctions.
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The Deficit Is Unsettling Bond Traders. Here's How That Affects the Economy.
The trade war has calmed down, but rising government borrowing costs pose a new worry.
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GOP Leaders Make Last-Minute Changes to Trump Tax Bill
The changes are intended to placate the party's warring wings just enough to get the bill passed early Thursday.
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Trump Teases Possibility of Taking Fannie Mae and Freddie Mac Public
Talks about ending government control of the mortgage giants have been under way since at least last year.
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U.S., Canada Senior Officials Laud Productive Talks on the Sidelines of G-7
U.S. Treasury Secretary Scott Bessent and Canadian Finance Minister Francois-Philippe Champagne met on the sidelines of the G-7 as the two countries try to tamp down trade tensions that have roiled the bilateral relationship for months.
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New Zealand Budget Deficit Set to Worsen Amid Global Growth Fears
The New Zealand government warned Thursday further near-term budget deterioration with the country's nascent economic recovery at risk from a slowdown in world growth and the potential for ongoing volatility in financial markets.
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U.K. Consumer Sentiment Lifts From Post-Trump-Tariff Lows, BRC Says
Consumer confidence in the U.K. picked up in May as the outlook for trade improved and data showed the economy grew more than expected at the start of the year, according to a monthly survey.
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Mary Daly and Other Fed Presidents Warn Don't Expect Recession or Rate Cuts
The three presidents all emphasized the limits of backward-looking data and the growing importance of anecdotal intelligence.
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Private-Credit Growth Fueled by Banks May Pose Risks
A Boston Fed report examines potential risks of rapidly expanding nonbank lending, which is often financed by banks
(END) Dow Jones Newswires
May 22, 2025 01:00 ET (05:00 GMT)
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