US News

The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images If everything goes according to plan, the Federal Reserve in a little over two months will enact its first rate increase in three years, a move policymakers deem necessary and that markets and the economy are grudgingly coming to accept. The
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One thing is for sure: 2022 is going to cost you. Between inflation and ongoing supply chain issues, prices are rising on consumer goods nearly across the board. “I really don’t think there’s any way to escape,” said Julie Ramhold, a consumer analyst with DealNews.com. But that doesn’t mean you can’t shop smarter for the
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Warren Buffett (R) talks with Mark Donegan, CEO of Precision Castparts, at the Precision Castparts booth in exhibit hall during the Berkshire Hathaway Annual Shareholders Meeting at the CenturyLink Center in Omaha, Nebraska, April 30, 2016. Ryan Henriksen | Reuters Warren Buffett will not intervene in a steelworkers strike at a company owned by his
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U.S. Treasury yields edged higher Thursday as investors continue to monitor developments on the omicron Covid-19 variant. The yield on the benchmark 10-year Treasury note rose to 1.5479% by 1:30 a.m. ET, while the yield on the 30-year Treasury bond edged up to 1.9596%. Yields move inversely to prices and 1 basis point is equal to 0.01%.
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Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks during a news conference in the James S. Brady Press Briefing Room at the White House in Washington, D.C., April 13, 2021. Leigh Vogel | UPI | Bloomberg | Getty Images Early studies suggest the omicron variant, while highly transmissible, causes less
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U.S. Treasury yields inched lower Wednesday as omicron developments remained in focus for investors. The yield on the benchmark 10-year Treasury note was marginally lower at 1.4739% by 2 a.m. ET, while the yield on the 30-year Treasury bond fell to 1.8942%. Yields move inversely to prices and 1 basis point is equal to 0.01%. Treasurys Bond
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