The US 2-year Treasury Yield held steady at 4.155% on Thursday. This followed a massive jump on Wednesday. It was the biggest Fed-day surge since March 2008. Investors were reacting to Kevin Warsh’s first meeting as the new Federal Reserve chair.

The prices at the pump will feel better as the U.S. gasoline prices dropped below $4 a gallon for the first time since March, averaging $3.99 after a 28-day decline. Geopolitical agreements could trigger an expected increase in oil exports.

79% of global data center capacity faces high risk from acute climate hazards like wildfires and flooding. The study warns that outdated risk models fail to account for rising operational threats, demanding updated, forward-looking underwriting practices.

Nearly half of Fed policymakers now expect an interest rate hike this year due to strong economic growth and low layoffs. Market odds for a September hike hit 69%, while booming job data and hawkish Fed projections have driven the U.S. dollar higher.

Life is getting tough at the store! Kroger shares dropped 7% after warning of late-year inflation, though it kept its annual forecast. The grocer said shopper behavior as U.S. grocery prices rise rapidly, forcing consumers to trade down to cheaper items due to cost-of-living pressures.