Mnuchin says the Treasury is 'seriously considering' issuing a 50-year bond next year
The new issuance would help the government lower the borrowing risk for its $22.5 trillion debt load, Mnuchin told CNBC.
The new issuance would help the government lower the borrowing risk for its $22.5 trillion debt load, Mnuchin told CNBC.
Here are the biggest calls on Wall Street on Thursday
Resist the urge to live-tweet the upcoming debates for the 2020 presidential election. While nearly 4 in 10 people engage in political chats at work, these conversations could harm your career.
U.S. President Donald Trump is prepared to keep or even raise tariffs on Chinese imports amid ongoing trade talks, Treasury Secretary Steven Mnuchin said on Thursday after both sides granted concessions ahead of the next round of negotiations.
Forty-eight percent of active U.S. stock funds outperformed their passive peers over the 12 months through June, up from 37% year-over-year, according to Morningstar.
Democratic frontrunners Joe Biden and Elizabeth Warren are finally set to square off face to face.
World stocks climbed to their highest in six weeks on Thursday as the European Central Bank prepared to offer new stimulus measures and the United States and China made mutual concessions in their trade dispute, improving demand for riskier bets.
Investors are chewing out Kraft Heinz Co for failing to lay out a full strategy for how it plans to compete in the roughly $3 billion-a-year plant-based protein market.
When Apple Inc introduced its triple-camera iPhone this week, marketing chief Phil Schiller waxed on about the device's ability to create the perfect photograph by weaving it together with eight separate exposures captured before the main shot, a feat of "computational photography mad science."
Germany foresees much lower borrowing costs because of record-low yields, and that could create a windfall of roughly 5 billion euros this year, maybe more, three people familiar with Berlin's budget planning told Reuters on Thursday.
U.S. stock index futures rose on Thursday after President Donald Trump said the United States would delay scheduled tariff hikes on billions worth of Chinese imports, cooling tensions that have battered financial markets over the last year.
Chinese companies have started to inquire about prices for U.S. agricultural goods purchases, Beijing said on Thursday, in a further sign of potential de-escalation in the bitter and protracted trade war between the world's two largest economies.
When Hong Kong Exchange chief executive Charles Li described his company's surprise offer for the London Stock Exchange this week as a "a corporate tale of Romeo and Juliet," listeners outside Asia may have been surprised by the colorful analogy.
The European Central Bank is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves are far from certain and a decision that underwhelms markets risks pushing up borrowing costs.
China said on Thursday that Chinese companies have started to inquire about prices for U.S. agricultural goods purchases, in a further sign of a potential de-escalation in a bitter trade war between the two countries.