The People’s Bank of China (PBOC) building in Beijing, China, on Friday, Nov. 8, 2024. Bloomberg | Getty ImagesChina’s sovereign bond prices fell Monday, pushing yields to their highest levels this year, as investors trimmed holdings on bets that additional fiscal spending will boost growth and push back interest rate cuts.Yields on China’s 10-year government bond, which move inversely to prices, gained over 10 basis points on Monday to hit 1.865%, their highest level this year, according to LSEG data. It marks a rise of 25 basis points from January’s record lows.Yields on 30-year sovereign bonds climbed above the key psychological…
Author: usaeverydaylife
CHAPEL HILL, N.C. — It may have taken 31 games, but we finally found something that can slow down Cooper Flagg: A healthy whistle.And a deserved one, at that. Because for the first time this season, against rival North Carolina on Saturday, Flagg was called for three first-half personal fouls — the latter two being offensive, including a blatant charge against standstill UNC forward Jae’Lyn Withers for his third. That sent Flagg to the pine for the final 3:18 of the first half … at which point UNC promptly rattled off a 10-2 run, which dropped a double-digit margin down…
Amid a generational crisis in Canada’s relationship with the United States, the Liberal Party of Canada on Sunday chose an unelected technocrat with deep experience in financial markets to replace Justin Trudeau as party leader and the country’s prime minister, and to take on President Trump.Mark Carney, 59, who steered the Bank of Canada through the 2008 global financial crisis and the Bank of England through Brexit, but who has never been elected to office, won a leadership race on Sunday against his friend and former finance minister, Chrystia Freeland.He won a stunning 85.9 percent of the votes cast by…
Our president, Donald Trump , tells us that “what we are doing is big,” so there might be economic consequences to come that we don’t like. But he can’t change the plan, whatever the heck the plan is. Our Treasury secretary, Scott Bessent, comes on CNBC and tells us that the economy has to detox from public spending. It’s been detoxed. There’s no new money coming from Washington, and we don’t expect it. We are waiting for the clawbacks — both legal and illegal — to begin. Our Commerce secretary, Howard Lutnick, tells us to worry about tariffs, then not…
A person walks past the Department of Veterans Affairs headquarters a block from the White House on March 06, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty ImagesThe Department of Veterans Affairs will begin mass layoffs at the politically sensitive agency as early as June, according to a memo reviewed by Reuters.The memo, which is dated March 6, directs the department’s human resources team to begin reviewing the agency’s operations with an eye toward firing civil servants. It said it expects the review to be done by June, after which “VA will initiate Department-wide RIF actions,” using…
INDIAN WELLS, Calif. — Marta Kostyuk, the top-ranked Ukrainian tennis player in the world, drew home-crowd favorite Robin Montgomery for her first match at the BNP Paribas Open Friday.Listening to the crowd at Stadium 4, the match could have been in Kyiv, not California: they were there for Kostyuk, the world No. 24, from the first ball to the last as she beat Montgomery 6-1, 6-3.That was no small thing for a Ukrainian player enduring one of the more tumultuous weeks in her country’s war against Russia, since Vladimir Putin’s full-scale invasion in early 2022.Last Friday, President Volodymyr Zelensky of…
Leader of the far-right AUR party George Simion (L) looks on as far-right presidential candidate Calin Georgescu talks to the media after officially filing his candidacy for the Romanian presidential elections, outside the Central Electoral Bureau (BEC) in Bucharest on March 7, 2025. Daniel Mihailescu | Afp | Getty ImagesRomania’s central election authority on Sunday barred far-right pro-Russian candidate Calin Georgescu from running in May’s presidential election re-run, a decision likely to deepen a constitutional crisis in the European Union and NATO member.The cancellation on December 6 of the presidential election due to allegations of Russian meddling in Georgescu’s favor has…
A mural depicting Samsui women in Chinatown in Singapore.Edwin Koo | Getty ImagesFrom listening devices that detect falls to “patient sitter” systems in hospitals and robots helping with exercise in care homes, Singapore is looking to artificial intelligence to help manage the health of its elderly population.By 2030, a quarter of Singaporeans will be 65 or older — in 2010, the figure was one in 10 — and it’s estimated that around 6,000 nurses and care staff will need to be hired annually to meet Singapore’s health workforce targets.Technology is much needed to help fill the care gap in Singapore…
U.S. President Donald Trump attends the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | ReutersPresident Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn’t ruling out the possibility of a recession this year.After imposing and then quickly pausing 25% tariffs on imports from Mexico and Canada that sent markets tumbling over concerns of a trade war, Trump said his plans for broader “reciprocal” tariffs will go into effect April 2, raising…
Motorsports history is littered with sons of famous fathers following in Dad’s footsteps and trying to make their own names.Michael and Mick Schumacher. Dale Earnhardt and Dale Earnhardt Jr. Bobby and Graham Rahal. The Andretti and Sainz families. Bill and Chase Elliott. The list goes on.But motorsports isn’t just a man’s world anymore.One of the women rising through the racing ranks is F1 Academy driver Lia Block. She’s the 18-year-old daughter of Ken Block, who made his name with his rally racing, the popular “Gymkhana” video series and brands such as Hoonigans before dying in a snowmobiling accident in January…
