US Treasury yields are rising again despite the Treasury Department’s attempt to calm the bond market, but the renewed climb in borrowing costs is not derailing stocks now. The 10-year Treasury yield held around 4.7% on Friday after jumping five basis points to 4.69% on Thursday, reversing the decline that followed the Treasury’s surprise announcement
The United States has reached a debt milestone that highlights one of the biggest economic challenges facing Washington: the government is borrowing at a pace that is becoming increasingly difficult to sustain. Total US debt outstanding reached $40.047 trillion on Tuesday, according to the Treasury Department’s latest daily cash and debt balances statement. The figure
Pump.fun’s PUMP token has risen more than 8% over the past 24 hours to around $0.00301, extending its seven-day gain to more than 10% after recently reaching a six-month high. CoinGecko data shows PUMP traded as high as roughly $0.00312 during the latest session, while its market capitalisation stood near $1.18 billion and 24-hour trading
Dogecoin (DOGE) maintains a neutral-to-slightly bearish outlook on Tuesday as the largest meme coin holds just below the critical $0.070 support level. Defending this area could encourage traders to increase their exposure and improve the prospects of a short-term recovery. However, several moving averages remain above the current price, highlighting the significant resistance DOGE must
China’s economic recovery lost momentum in July, with consumer spending, investment and industrial production all coming in weaker than expected, raising pressure on Beijing to introduce additional measures to support growth in the second half of the year. Retail sales increased 0.6% from a year earlier, according to data from the National Bureau of Statistics
US stocks have been charging higher with remarkably little resistance in 2026, repeatedly shrugging off inflation worries, geopolitical risks and elevated borrowing costs. The benchmark S&P 500 index climbed above 7,800 for the first time intraday on Thursday before finishing at a record 7,798.99, extending a rally that has pushed the benchmark roughly 14% higher
N Chandrasekaran’s decision not to seek another term as chairman of Tata Sons has triggered one of the biggest leadership questions in Indian corporate history, opening the door to a succession battle at a time when the 158-year-old conglomerate is navigating some of its most ambitious and capital-intensive projects. Tata Sons, which is the holding
US stocks ended higher on Thursday, with the S&P 500 closing at a fresh record as easing inflation data, falling oil prices and continued strength in technology shares lifted investor sentiment. The S&P 500 rose 0.66% to close at 7,799.73 after briefly crossing the 7,800 mark for the first time during the session. The Nasdaq
Workday (WDAY) shares closed meaningfully higher on Thursday following a Reuters report that the private equity giant Silver Lake is in discussions to acquire the cloud software provider. Talks between the two firms have reportedly taken place behind closed doors in recent months. The media report brought a much-needed reprieve to Workday stock that’s been
Meta Platforms (META) shares fell about 3.4% to $578 on Wednesday as investors weighed fresh privacy concerns in Europe alongside mounting legal challenges in the US, even as some analysts argued the company’s artificial intelligence investments continue to strengthen its core advertising business. The decline comes after Meta’s recent recovery above $600 lost momentum. The