US Treasuries End Week on High Note on Demand for Safer Bets

Ten-year yield declines as much as 10 basis points on Friday Traders eye weak economic data, report on a coronavirus study A late rally in the US Treasury market pushed the yield on 10-year notes lower for a sixth-straight week as traders hunt for safety amid lower...

Bank of Canada Sees Trade War Permanently Cutting Output by 2.5%

While Bank of Canada Governor Tiff Macklem insists there’s a limit to a monetary policy response to a tariff war, he has a clear view of the damage it could have on the Canadian economy. “Increased trade friction with the US is a new reality,” he said in a speech in...

Steve Cohen ‘Negative’ on US Economy, Citing Tariffs and DOGE

US growth is likely to slow in the second half of the year as tariffs, tighter immigration laws and government cost-cutting efforts led by Elon Musk weigh on the economy, billionaire Steve Cohen said. The Point72 Asset Management founder, speaking at the Future...

Trump Job Cuts Threaten Safety at National Parks, Workers Say

An axed custodian warns that the condition of the parks is “not going to be pretty.” National Park rangers throughout the US are warning of impending danger to visitors, wildlife and natural resources as job cuts and hiring freezes slash staffing at some of the...