Bessent Defends Faltering Bond Market Intervention

Testifying before Congress, the Treasury secretary said that he supported giving Americans $5,000 dividends if Republicans win in November.

Testifying before Congress, the Treasury secretary said that he supported giving Americans $5,000 dividends if Republicans win in November.
The NoHo Hospitality Group reimagines the dining room at the Public Theater, Lana Lagomarsini serves up tasting menus at Creola and more food news.

Median household income rose to a record $87,460 in 2025, according to annual Census Bureau data on the financial well-being of Americans.

The effective interest rate on US government bonds over 10 years, known as the 10-year Treasury yield, has risen as high as 5.04% but has eased back since.

Prime Minister Mark Carney brought together in Toronto about 100 money managers overseeing much of the world’s wealth to promote Canada as an ideal place to invest.

The tech giant took home the most trophies this year, breaking the chokehold HBO and Netflix have had on the awards for more than two decades.