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US debt reduction leads to increased borrowing expenses

US Government Bond Market Faces New Volatility Investors might have thought the rough patch for financial markets was settling down, but fresh volatility in US borrowing costs suggests otherwise. Interest rates on long-term US government debt spiked above 5% this past Monday, a level not seen since October 2023, before pulling back slightly. This surge […]

Ukraine war update: Increased Russian drone attacks ahead of Trump-Putin conversation

Ukraine reported on Sunday that Russia launched an unprecedented number of drones targeting several areas, including the capital, Kiev, where some women lost their lives. In the Kherson region, a man was killed as private property and rail stations were hit. The Ukrainian Air Force indicated that Russia deployed “273 Shahed Attack drones along with […]

Import Prices in April Increased, Indicating No Tariff Supply Disruption

Import Prices Show Slight Increase Amid Falling Fuel Costs Despite a decline in fuel prices, the overall import prices saw a minor increase in April, based on information released by the Bureau of Labor Statistics on Friday. After experiencing a 0.4% drop in March, the import price index saw a 0.1% rise in April. Over […]

This will lead to increased costs.

Walmart’s Price Warning Amid Tariff Concerns Walmart’s CEO, Doug McMillon, recently highlighted potential price increases ahead, despite data from April’s Consumer Price Index (CPI) suggesting that President Trump’s tariffs haven’t significantly impacted consumer prices. During a revenue call, he mentioned that while the company aims to keep prices low, it can’t absorb all costs triggered […]

NATO Moves Quickly to Agree on Increased Defence Spending

NATO’s Foreign Ministers convened in Antalya, Turkey, on Wednesday to discuss increasing defense spending and to meet President Donald Trump’s request for a 5% GDP allocation. The two-day meeting seems to aim at keeping Trump satisfied while reaching a compromise ahead of his scheduled meeting with the president from The Hague in just over six […]