Lumber prices have dropped by more than 60% this year, and have room to fall even further
admin Lumber prices have dropped by more than 60% so far this year, but don’t count…
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10-year Treasury yield notches another 12-year high on its way to 4%
An ongoing selloff in long-dated Treasurys pushed the benchmark 10-year yield closer to 4% on…
Read MoreWar-torn Ukraine sets sights on additional IMF support not tied to its Fund quota
War-torn Ukraine has set its sights on additional support from the International Monetary Fund, which…
Read MoreOpinion: The Federal Reserve is missing a crucial turning point in its fight against inflation because it’s following flawed information
The Federal Reserve can’t see the probable economic crash that is coming because it’s still…
Read MoreWatchdog blasts top House Democrats’ plan for banning congressional stock trading: ‘They’ve included poison pills’
Top House Democrats have offered a proposal for stopping congressional stock trading, but it’s drawing…
Read MoreIf you’re fortunate enough to have the cash, the strong dollar makes European travel very attractive — with one important caveat
Many Americans can’t afford to even consider travel right now, hobbled by record-high inflation and…
Read MoreWhy 2-year Treasury yields are ‘the base problem’ for the struggling stock market, according to this Morgan Stanley portfolio manager
It’s going to be tough for the U.S. stock market to make much headway bouncing…
Read MorePopular bond-market recession gauge may go further below zero than any time since Paul Volcker, BNP says
One of the bond market’s most popular indicators of approaching U.S. recessions has the potential…
Read MoreU.K. could trigger a global crisis as pound collapses while bond yields soar, Larry Summers says
““A currency crisis in a reserve currency could well have global consequences. I am surprised…
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CSX, Norfolk Southern stocks sink to near 2-year lows after UBS downgrades, citing a ‘deteriorating’ outlook
Shares of CSX Corp. and Norfolk Southern Corp. both sank toward the lowest levels in…
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