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U.S. Treasury yields were higher on Thursday as investors studied the latest weekly jobless claims, January durable goods orders and President Donald Trump’s most recent tariff threats.The benchmark 10-year yield Treasury yield rose 3 basis points to 4.281%, and the 2-year Treasury yield was marginally higher at 4.074%.Labor market data on Thursday was the latest report to suggest potential signs of economic softening. Jobless claims for the week ending Feb. 22 jumped to 242,000, up 22,000 from the previous week’s revised level, a Labor Department report said Thursday, and higher than the Dow Jones estimate from economists of 225,000.January durable goods orders for machinery,…

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US President Donald Trump holds a cabinet meeting at the White House in Washington, DC, on February 26, 2025. Jim Watson | Afp | Getty ImagesU.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the economic and political bloc was formed “to screw” the U.S.The White House leader signaled the potential trade measures on Wednesday, during the first Cabinet meeting of his second term in office — a day before he announced that another set of proposed levies on Mexico and Canada will go into effect on March 4, noting that China will be…

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An Indian Air Force pilot gets out of the cockpit of Rafale jet after a flight during an induction ceremony at the Ambala Air Force Station in Ambala on Sep. 10, 2020.Prakash Singh | Afp | Getty ImagesThis report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here.The big storyIndia is already the world’s top weapons importer but that’s not stopping the country from strengthening its defense capabilities. New Delhi plans to spend about…

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Sean Dilley, Molly Stazicker, Esme Stallard & Mitchell LabiakBBC NewsPA MediaA second runway at Gatwick Airport has been backed by government, providing measures to reduce noise are put in place.Transport Secretary Heidi Alexander said she was “minded to approve” the expansion. Some MPs, local authorities and residents are strongly opposed.The airport wants to move its northern runway, which is currently only used for taxiing or as a back up, and make it operational by the end of the decade.The transport secretary’s support does not guarantee the expansion will go ahead as it would still need planning permission.If permission is granted,…

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Bernd Debusmann JrBBC News, White HouseGetty ImagesDonald Trump held his first cabinet meeting at the White House on Wednesday, turning the occasion into an extended question-and-answer session that lasted for more than an hour.Speaking alongside his cabinet – and billionaire Elon Musk, who wore a “tech support” T-shirt – Trump covered a wide range of topics, from the so-called Department Department of Government Efficiency’s (Doge) efforts to cut government spending to immigration, the economy and the war in Ukraine.Here are six takeaways from the meeting.1. Trump praises Rubio and MuskTrump was asked by reporters which government department – and, by…

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Eggs are displayed for sale in a Manhattan grocery store on Feb. 25, 2025 in New York City.Spencer Platt | Getty ImagesAn ominous measure that the Federal Reserve considers a near surefire recession signal again has reared its head in the bond market.The 10-year Treasury yield passed below that of the 3-month note in trading Wednesday. In market lingo, that’s known as an “inverted yield curve,” and it’s had a sterling prediction record over a 12- to 18-month timeframe for downturns going back decades.In fact, the New York Fed considers it such a reliable indicator that it offers monthly updates…

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The 10-year Treasury note yield slipped on Wednesday as concerns over an escalating trade war and weak economic growth led traders to send bond prices higher.The benchmark 10-year yield Treasury yield fell 4 basis points at 4.256%. The 2-year Treasury yield was lower by 2 basis points at 4.074%.One basis point equals 0.01%, and yields and prices move in opposite directions.President Donald Trump’s rhetoric on the U.S.’ trade policy stoked worries across markets about economic growth. In his first cabinet meeting on Wednesday, Trump pledged that tariffs against Canada and Mexico, two of the U.S.’ three largest trading partners, will go into effect at…

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Vcg | Visual China Group | Getty ImagesFor decades, multinational corporations operated under the belief that they could transcend national borders, access free markets, and serve a global customer base while remaining detached from geopolitical tensions. President Donald Trump’s return to the White House has shattered that notion.The foundational assumptions of corporate strategy — market access driven by consumer demand and regulatory compliance—are giving way to a world where political allegiance and “home country” dynamics determine success.This shift isn’t solely driven by Trump’s policies. Though his America First economic policy — marked by tariff threats, economic coercion, and protectionist measures…

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A BNSF freight train with 76 container cars and FedEx freight trailers travels from Seattle to points east on August 23, 2021 in Livingston, Montana. (Photo by William Campbell/Getty Images)William Campbell | Getty Images News | Getty ImagesAccording to President Donald Trump, the sweeping U.S. tariffs on imports from Canada and Mexico are coming.The tariffs set to begin next week “will go forward” when a monthlong delay expires, Trump said Monday, and they will begin “on time, on schedule.”If the administration follows through, the impact on economies across the U.S. will be extensive, though it will vary greatly from state to state. Texas and California, which have…

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Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025Danielle DeVries | CNBCThe 10-year Treasury yield fell to its lowest level since December as more signs emerged that the economy may be slowing, leading traders to bid up fixed income prices.Benchmark 10-year Treasury yields moved down nearly 10 basis points to 4.294%, and the 2-year Treasury yield slipped more than 6 basis points to 4.098%. One basis point equals 0.01%, and yields and prices move inversely, meaning yields fall when prices rise.The Conference Board’s latest consumer confidence survey came in at 98.3 in February, short of economists’ consensus estimate of 103.0 and down…

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