Soaring Treasury yields are raising concerns in Congress as their precipitous rise in recent months further darkens the outlook for U.S. debt. The 10-year yield shot up to 5.23% on Friday, the highest level since 2007 and more than a full percentage point since right before the Iran war started. Meanwhile, the 30-year yield hit
President Donald Trump signaled he’s in no hurry to make a deal with Iran and rejected Tehran’s latest proposal, as the U.S. military facilitates the transit of more oil through the Strait of Hormuz. The Islamic Republic had reportedly offered a seven-day ceasefire, during which it would fully reopen the strait and resume nuclear talks.
Dr. Frances Oldham Kelsey, then-pharmacologist at the Food and Drug Administration, holds three packages of Contergan, the German brand name for thalidomide, on Oct. 15, 1962. Kelsey prevented the FDA from approving the drug for general use in the United States. William J. Smith/AP hide caption toggle caption William J. Smith/AP When Cincinnati-based pharmaceutical company
TV ads featuring President Donald Trump — including one in which he declares that “America will never be a communist country” and touting his administration’s policy goals — were paid for by U.S. taxpayers. The spots have drawn criticism from Democrats and Republicans alike, with lawmakers saying they look like campaign ads ahead of November’s
A decade ago, nearly half of new cars hitting Canadian roads were built in America, but after months of restrictive U.S. tariffs, the number of Big Three autos purchased from America’s northern neighbor have dropped precipitously. Only 28.4% of new vehicle sales in Canada in the first half of 2026 were U.S.-built, down from 35.4%
The CEOs of two of America’s top AI companies told the UN Security Council on Wednesday that artificial intelligence has become a threat to global security, and asked world governments to write shared rules for it. Yet the White House won’t jump. On Thursday morning, ahead of his summit with Chinese President Xi Jinping, Trump
