Economy

Ed Yardeni on When It Will Be Time to Worry About the 'Bond Vigilantes'

Yardeni, who coined the term "Bond Vigilantes," said he isn't "pushing the panic button" amid the sharp rise in sovereign bond yields.

DOE Awards $162 Million to Nine Critical Mineral Extraction Projects

EXCLUSIVE — The Department of Energy announced Tuesday that it awarded $162 million to nine selected projects across the country aimed at recovering critical minerals and materials from industrial feedstocks as part of the Trump administration’s effort to diversify the U.S. supply chain.

Trump slashed gas prices with one quiet move. Here's why you didn't hear about it

President Donald Trump is to be congratulated on extending the waiver of the century-old Jones Act, which enables more oil to be shipped from the Gulf Coast to California and to the Northeast, reducing prices to American families.

'Worrisome': AI is driving a looming market correction, European central bank economists warn

History suggests valuations will tumble even if they are a fair reflection of the transformative power of AI, according to a European Central Bank analysis.

Home Depot reaffirms guidance amid 'frozen housing market conditions'

Home Depot reported second fiscal quarter results that beat Wall Street expectations on the top and bottom lines.

Russia says its economy is strong. It just fired a top economist who warned otherwise

Andrei Klepach was reportedly fired from his role after presenting a report warning that Russia could not win a prolonged war of attrition with Ukraine.

30-year Treasury yield tops 5.33%, new 19-year high, on inflation and spending concerns

Long-dated fixed income hit their highest level in almost two decades amid a worsening U.S. fiscal situation and persistently higher inflation.

The 30-year Treasury yield just hit a 19-year high. Three things could drive it even higher

The yield on the 30-year U.S. Treasury has surged to its highest level in 19 years, and some strategists see scope for the move to go further.

CNBC Daily Open: Higher oil, higher yields, lower volatility

A jump in oil prices sends jitters through stock and bond markets, keeping investors on edge as the ceasefire between the U.S. and Iran expires.

Commerzbank CEO Bettina Orlopp on leading a turnaround under takeover pressure

CEO Bettina Orlopp discusses Commerzbank’s turnaround, her leadership philosophy and how UniCredit’s takeover push accelerated its strategy work.

Options investors are betting on this trend in gold prices, Susquehanna says

Gold is seeing muted volatility, firmer upside skew and renewed inflows.

Fewer US adults gambling than a decade ago, poll shows

The United States has seen a steep decline in gambling over the past decade, a surprising result given the proliferation of online sports betting.