American economy

investors await key jobs data

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US Treasury yields fell Friday as investors awaited key jobs data that could affect future interest rate decisions from the Federal Reserve. At 4:28 am ET, the 10-year Treasury was trading at 3.8354% after falling nearly nine basis points. The yield on the 2-year Treasury fell more than seven basis points to 4.8285%. Yields and … Read more

House hearing focuses on CFPB over junk charges

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Signage at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, DC Andrew Kelly | Reuters WASHINGTON — Lawmakers on Thursday discussed ways to reform the country’s main consumer protection agency or stop funding altogether as the regulator focuses on illegal “junk fees” imposed on consumers. A subcommittee of the House Financial Services Committee is … Read more