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Rate hikes now will choke off the critical investments needed to lower prices.
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As bitcoin dropped to its lowest price since 2024, investors flock to a new type of crypto investment linked to the hyperliquid platforms, HYPE ETFs.
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Central bank holds interest rates despite pressure on currency from foreign outflows and war in Iran
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U.S. employers added jobs for the third month in a row in May, while the unemployment rate held steady at 4.3%. But wage gains softened and likely failed to keep pace with rising prices.
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Rising expectations of a Federal Reserve rate increase send US bond yields rising sharply
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The unemployment rate held at 4.3 percent in April, according to a Labor Department report. But the effects of the Iran war are only beginning to emerge.
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The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.
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Higher bond yields trim shortfalls, bolstering corporate plans. But public pensions remain way short of needs.
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