Live: Trump in tariff tit-for-tat with China; duties on Canada, Mexico paused for one month
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and ...
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Trump Administration Sets Sights On Reducing Long-Term Treasury Yields, Not Fed Rates, Unveils 3-3-3 Plan
Treasury Secretary Scott Bessent emphasized that the Trump administration’s priority is to lower 10-year Treasury yields, not the Fed’s benchmark interest rate. Bessent highlighted the importance of ...
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...
Navy Federal CD Rates: Pros, Cons, and Current Rates
Explore Navy Federal CD rates, a credit union option for military families. You can choose from three CD types: Standard, ...
Trump is focused on lowering bond yields, not fighting the Fed, Treasury chief says
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...
30-Year Mortgage Rates Sink to New 7-Week Low
Rates on new 30-year mortgages saw a notable drop Wednesday—lowering the flagship average to its cheapest level since before Christmas. Several other averages also dipped.
Trump Treasury secretary Scott Bessent relives some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
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US Jobs Data Highlights: US weekly jobless claims rise marginally
The US initial jobless claims data for the week ending February 1 will be released on February 6, 2025, at 7:00 PM IST (8:30 ...
2 UK shares that could soar if interest rates sprint lower!
The Bank of England's latest meeting has fed speculation of swingeing interest rate cuts. I think these UK shares could soar in this scenario.
Money blog: Pound falls as Bank of England deals major growth blow to chancellor
Almost two in five people have failed to scan at least one item when using self-checkouts, a survey has revealed. Also in Money today: Donald Trump's tariffs have wiped £200bn from the crypto markets ...