The 10-year Treasury note yield traded near the key 5% mark after a Federal Reserve rate increase and comments from Chairman Kevin Warsh highlighting persistent inflation risks.
The Federal Reserve on Wednesday approved its first interest rate hike since 2023 and indicated another to come.
Billionaire Leon Black is suing the House Oversight and Government Reform Committee seeking to block subpoenas it issued him in its probe of Jeffrey Epstein.
The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
The Senate on Tuesday voted to block the Clarity Act from advancing, dealing a blow to the crypto industry’s push for a comprehensive market framework.
Texas Longhorns quarterback Arch Manning apologized Tuesday for referencing an AI video of his head coach Steve Sarkisian slapping ESPN sideline reporter Holly Rowe in the wake of Texas’s win over Ohio State over the weekend.
In March, two Amazon data centers in the UAE were struck by drones, while a site was also damaged by a nearby drone hit.
Sen. John Fetterman, D-Pa., insisted he won’t become a Republican, showing frustration with the ongoing questions about his intentions.
Iran-backed Houthi militants in Yemen, meanwhile, carried out renewed strikes on Saudi Arabia this week.
The Trump administration has encouraged AI’s rapid growth and the development of data centers as it seeks an insurmountable tech edge over China.