We Are Witnessing the Bond Market’s Power to Intimidate
Gaping budget deficits, on-again-off-again tariff wars and now, soaring bond yields. No wonder the markets are jumpy, our columnist says. Source link
Business Update
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PCE Inflation Stayed Subdued in April Amid Trump’s Tariff Limbo
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies. Source link
U.S. Oil Companies Are ‘Battening Down the Hatches’
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand. Source link
Trump Targets a Plane China Sees as a Power Symbol
Beijing has high hopes for its C919 single-aisle jet after years of delay, but the plane depends on engines, avionics and other gear from Western companies. Source link
The Judge’s Data Dilemma in the Google Search Case
The question is how to fix Google’s monopoly. Is an order to force it to share data the solution? Source link
What ‘Buy Now, Pay Later’ Defaults Say About the Consumer
An increase in deferred pay-later loans has raised alarms, as the Trump administration seeks to gut the agency tasked with policing the sector. Source link
How Trump’s Regulatory Rollbacks Are Increasing Costs on Americans
A new DOGE tally claims that erasing rules on credit card fees, appliance standards and health insurance “saves the American people” money. Data show the opposite. Source link
How to Find a Deal This Summer Amid a Weaker Dollar and Falling Airfares
How falling airfares and foreign exchange rates influence where to look for deals this summer. Source link
One Way to Sell Beer in Britain? Buy Into a Soccer Team.
An American microbrewery has made inroads in English pubs with a novel marketing strategy. Source link
Is Nippon Steel Finally About to Land U.S. Steel?
A planned merger of the Japanese and American giants, announced in 2023, has traveled through an election, two presidents and strong union opposition. Source link