Latest Debt and bond markets News

Asian shares gain, Shanghai up 2.6%, on Fed rate cut talk

Jun. 20, 2019 12:43 AM EDT

BANGKOK (AP) — Asian shares were higher on Thursday, with the Shanghai benchmark up 2.6%, after the Federal Reserve reaffirmed that it's prepared to cut interest rates if needed to shield the U.S. economy from trade conflicts or other threats. The Thursday tracked modest gains on Wall Street. The 10-year...

White House offers budget freeze if Dems don't agree to deal

Jun. 19, 2019 8:38 PM EDT

WASHINGTON (AP) — Trump administration bargainers offered a one-year budget freeze and said Democratic spending demands remained too high as talks with congressional leaders aimed at averting deep cuts in defense and domestic programs seemed no closer to resolution Wednesday. After White House Chief of...

How major US stock indexes fared Wednesday

Jun. 19, 2019 4:53 PM EDT

Stocks rose modestly on Wall Street after the Federal Reserve reaffirmed that it is prepared to cut interest rates if needed to shore up the economy. The bond market had a more pronounced reaction to the Fed's announcement Wednesday. The yield on the 10-year Treasury note fell to 2.03%, its lowest level since...

Markets Right Now: Stocks rise as Fed signals lower rates

Jun. 19, 2019 4:08 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks rose modestly on Wall Street after the Federal Reserve reaffirmed that it is prepared to cut interest rates if needed to shore up the economy. The bond market had a more pronounced reaction to the Fed's...

The Latest: Fed sees no risk to dollar from cryptocurrencies

Jun. 19, 2019 3:11 PM EDT

NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:10 p.m. Federal Reserve Chairman Jerome Powell is downplaying the possibility that digital currencies such as Facebook's planned "Libra" could supplant government-backed dollars any time soon. Powell tells...

Omaha City Council OK's plan for new juvenile justice center

Jun. 18, 2019 5:04 PM EDT

OMAHA, Neb. (AP) — The Omaha City Council has voted to approve financing for a proposed $120 million downtown Omaha courthouse annex and juvenile detention center. The Omaha World-Herald reports that the council's 4-2 vote Tuesday authorizes $114 million in bonds for the construction project. It's the last...

Markets Right Now: Stocks climb, adding to recent gains

Jun. 17, 2019 4:14 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks built on their recent momentum on Wall Street but the gains were relatively modest and trading remained choppy. Facebook jumped 4.2% and Netflix added 3.2% Monday, leading the way higher among communications...

Markets Right Now: Stocks fall for the 2nd day in a row

Jun. 12, 2019 4:08 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are ending lower for the second day straight, dragged down by losses in technology companies and banks. Energy companies also fell Wednesday as the price of crude oil continued to decline. Investors shifted...

May budget deficit hits record $207.8 billion

Jun. 12, 2019 2:28 PM EDT

WASHINGTON (AP) — The federal government's budget deficit in May rose to a record $207.8 billion, 41.5% higher than a year ago. Most of that increase reflected the impact of calendar quirks that shifted $55 billion in June benefit payments into May. The Treasury Department said Wednesday that the increase...

Asian shares rise as Trump plans to meet Chinese leader

Jun. 11, 2019 12:09 AM EDT

TOKYO (AP) — Asian shares were mostly higher Tuesday as investor jitters over trade eased after U.S. President Donald Trump suspended plans to impose tariffs on Mexican imports and said he expects to meet with the Chinese leader. Japan's benchmark Nikkei 225 rose 0.4% in morning trading to 21,208.09....