Browsing: Business

US 10-year Treasury yields briefly topped 5% as inflation, oil prices and higher mortgage rates kept borrowing costs in focus across US markets. The post US Treasury yield tops 5% as borrowing costs climb appeared first on Phoenix Pioneer.

PM Carney bolsters plan to build here as Canada responds to 50 percent US tariffs with dollar-for-dollar retaliatory measures. The post PM Carney bolsters plan to build here amid new US trade tariffs appeared first on Phoenix Pioneer.

Brent crude stays above $100 as Gulf supply losses, lower inventories and restricted oil flows keep global energy markets tight worldwide. The post Brent crude stays above $100 with global supply tight appeared first on Phoenix Pioneer.

Wall Street extended losses as oil topped $100, Treasury yields rose and investors awaited key U.S. inflation data before the Fed meeting. The post Wall Street sinks again with oil and Treasury yields higher appeared first on Phoenix Pioneer.

US Treasury yields trade mixed as markets weigh Scott Bessent bond buyback plans and global central bank rate expectations. The post US Treasury yields trade mixed as markets weigh Bessent plan appeared first on Phoenix Pioneer.

U.S. diesel prices reached a record $5.8819 a gallon, extending a sharp fuel surge that is raising costs across freight and agriculture. The post U.S. diesel average climbs to record $5.88 per gallon appeared first on Phoenix Pioneer.

As Lululemon cuts full-year guidance, Q2 Americas comparable sales decline 12% despite international revenue gains of 4 percent. The post Lululemon Q2 revenue falls 4% as company cuts full year outlook appeared first on Phoenix Pioneer.

Gold rose above $4,400 after rebounding from a three-week low, while a weaker dollar and lower Treasury yields supported precious metals. The post Gold price rebounds above $4,400 after three-week market low appeared first on Phoenix Pioneer.

Wall Street falls as Dow drops 380 points following a sharp spike in global crude oil prices and renewed inflation concerns. The post Wall Street falls as Dow drops 380 points on oil surge appeared first on Phoenix Pioneer.

U.S. national debt tops $40 trillion as federal deficits and interest costs rise, putting America’s fiscal position under renewed scrutiny. The post U.S. debt tops $40 trillion as fiscal pressures deepen appeared first on Phoenix Pioneer.