Analysis
The 30-Year Treasury Hit a 19-Year High. Korea’s Chip Stocks Paid for It.
The yield on the 30-year US Treasury bond pushed past 5.33% on Tuesday, its highest level since 2007, and by Wednesday morning in Asia the invoice…
Section
Economy
Economy coverage from BusinessTech News. Federal Reserve policy, inflation prints, jobs reports, GDP data, and the macro forces moving markets and the political debate. Reporting on Fed chair Jerome Powell, Treasury Secretary, and the economists shaping the consensus on rates, recession risk, and the post-pandemic labor market. Stories pull from BLS, BEA, Fed minutes, FOMC dot plots, and direct sourcing on what policymakers are actually weighing. Updated through major economic-data days.
Economy
Fed Rate Decision Today: Warsh’s Silence Is the Only Number That Moves
The Federal Open Market Committee announces at 2:00 p.m. Eastern, and economists polled by…
Economy
June Jobs Report: ADP Signals Cooling Labor Market Ahead of Today’s Payrolls Data
The June nonfarm payrolls report drops at 8:30 a.m. Eastern Thursday, and the preview…
AI
Fed’s Hammack Warns AI Infrastructure Boom Is Fueling Inflation, Says Rate Hikes May Be Needed
Cleveland Federal Reserve President Beth Hammack just put a price tag on the AI…
AI
AI Has Eliminated 88,000 US Jobs in 2026, More Than Every Previous Year Combined
The number keeps climbing, and the companies doing the cutting are the same ones…
Economy
US Trade Deficit Blows Past $105 Billion as Businesses Front-Load Imports
The May goods trade gap came in 27% wider than April and $20 billion…
Economy
Supreme Court Shields Fed Independence in 5-4 Ruling, Blocks Trump From Firing Governor Lisa Cook
The Supreme Court ruled Monday that President Trump cannot fire Federal Reserve Governor Lisa…
Economy
Alan Greenspan Dies at 100, Leaving Wall Street the ‘Greenspan Put’ and a 2008 Reckoning
Alan Greenspan, the Fed "Maestro" who ran the Federal Reserve from 1987 to 2006,…
Economy
Cuba Unveils 176 Free-Market Reforms in the Biggest Economic Shift Since the 1959 Revolution
Cuba just announced the most sweeping economic reforms in more than six decades. Prime…
Economy
Bank of Japan Raises Rates to 1% Without Its Own Governor, Hitting a 31-Year High
Japan’s central bank just pushed borrowing costs to their highest level since September 1995,…
Economy
OPEC’s Al Ghais Dismisses the IEA Glut Forecast as the First Saudi Tankers Clear Hormuz
OPEC chief Haitham Al Ghais rejects the IEA's oil supply glut forecast as the…
Economy
Kevin Warsh Opens His First Fed Meeting as Chair With All Eyes on the Easing Bias
Kevin Warsh sat down at the head of the Federal Open Market Committee table…
Economy
The Fed Meets Tuesday With a Very Different Inflation Picture Than Last Week
The FOMC meets June 16-17 with rates at 3.5%. The Iran peace deal oil…
Economy
US-Iran Peace Deal Sends Oil Crashing Below $80 as Global Markets Rally to Records
Economy
Data Center Tax Breaks Face a Reckoning as Illinois Joins Ohio in Freezing Incentives
Economy
May CPI Hits 4.2% as Energy Costs Drive Inflation to a Three-Year High
Economy
Nasdaq Drops 4% as Hot Jobs Report Collides With Chip Selloff in Wall Street’s Worst Day of 2026
Economy
ExxonMobil Warns Crude Oil Could Hit $160 as Global Inventories Reach Critical Lows
Economy
US GDP Cut to 1.6% as PCE Inflation Jumps to 3.8%, Pressuring Fed Rate Path
Analysis
Consumer Confidence Hits the Tape as Record Stocks Collide With Record-Low Sentiment
Analysis