US 10-year yield storms to 5%, a level unseen since 2007
The benchmark posts its biggest one-day jump since April 2025 as traders brace for an October hike

The benchmark posts its biggest one-day jump since April 2025 as traders brace for an October hike

Germany’s fragile coalition government has announced a major package of economic reforms aimed at kick-starting the country’s chronic low growth. The long-awaited measures, announced earlier this month by chancellor Friedrich Merz, include tax cuts, greater labour-market flexibility and a broad easing of bureaucratic red tape – and follow separate but related pension reforms, announced a…
Ethereum is up again today (Saturday), extending Friday’s rally to its highest price since January. Ether traded at $2,646 on Bitstamp at 17:56 UTC, up 1.3% on the day and about 8% above Thursday’s close, after touching $2,668 earlier in the session. The move takes ETH above $2,616, the ceiling that capped every rally attempt…
Some kids mow lawns for pocket money and move on. Cody Kuebler kept at it, turning the childhood gig into a multimillion-dollar business. Now 25, Kuebler said he spent his summers growing up cutting his neighbors’ grass for around $25 a job, first with an aging push mower, and later with one his father gave…
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The game has finally changed. Mortgage rates continued their upward climb this week, with the average rate on 30-year fixed home loans rising to 6.69% for the week ending Aug. 6, up 3 basis points from 6.66% the previous week, according to Freddie Mac. But notably, this marks the first time in 10 months that…
Most Americans are “thrilled” or “happy” about the results of this year’s election. Some are especially so.