Data: Federal Reserve; Chart: Neil Irwin/Axios The bond sell-off and the resulting higher interest rates are largely a story of higher growth prospects in the United States, Treasury Secretary Scott Bessent argued Tuesday. - "If we look at the composition of the bond yields — inflation expectations are flat-to-down," he said in a fireside chat at this week's G20 meeting of global finance ministers in Asheville, North Carolina. "This is a growth story. Growth, I believe, is reaccelerating." - "We had some very good discussions here over the past few days and everyone agreed that growth has been better than they thought it would have been, given the Iran conflict." Zoom out: Speaking to reporters later on Tuesday, Bessent acknowledged…
Data: Federal Reserve; Chart: Neil Irwin/Axios The bond sell-off and the resulting higher interest rates are largely a story of higher growth prospects in the United States, Treasury Secretary Scott Bessent argued Tuesday. - "If we look at the composition of the bond yields — inflation expectations are flat-to-down," he said in a fireside chat at this week's G20 meeting of global finance ministers in Asheville, North Carolina. "This is a growth story. Growth, I believe, is reaccelerating." - "We had some very good discussions here over the past few days and everyone agreed that growth has been better than they thought it would have been, given the Iran conflict." Zoom out: Speaking to reporters later on Tuesday, Bessent acknowledged…Open
The G20 Finance Ministers Conference is set to bring finance leaders from some of the world’s largest economies to western North Carolina Monday. Discussions are expected to include interest rates, national debt and economic growth as attendees and speakers will discuss global economic stability and broader economic priorities. The selection of Asheville as the meeting site was also intended to bring international attention to the ongoing recovery efforts in western North Carolina following Hurricane Helene. #g20 #finance #economy
The G20 Finance Ministers Conference is set to bring finance leaders from some of the world’s largest economies to western North Carolina Monday. Discussions are expected to include interest rates, national debt and economic growth as attendees and speakers will discuss global economic stability and broader economic priorities. The selection of Asheville as the meeting site was also intended to bring international attention to the ongoing recovery efforts in western North Carolina following Hurricane Helene. #g20 #finance #economy
Markwayne Mullin, the newly sworn-in secretary of homeland security, made his first trip to North Carolina, where rebuilding efforts continue from Hurricane Helene in 2024. NewsNation's Ali Bradley reports for "NewsNation Live" on FEMA's plans to invest $103 million in storm recovery as the western part of North Carolina rebuilds. #DHS #HurricaneHelene #NorthCarolina Get a fast-paced look at the latest from the border to Main Street to the White House on "NewsNation Live" with Nichole Berlie. Weekdays starting at 12p/11C. NewsNation is your source for fact-based, unbiased news for all Americans.
Justin James was one month away from marking the five-year milestone at his sneaker shop in Asheville, North Carolina, when Hurricane Helene wiped out the store. James tells “Morning in America” that his fellow business owners and manufacturers have helped him gain the confidence to rebuild and “keep our dream alive.” #Hurricane #NorthCarolina #Business Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Markie Martin. Weekdays starting at 6a/5C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.
A powerful winter storm slammed the Carolinas over the weekend, turning typically busy highways into ice rinks and forcing states of emergency amid snow, sleet and freezing rain. Asheville Fire Chief Michael Cayse joins “NewsNation Live” to discuss how emergency crews are working to clear roads and rescue residents in frigid conditions. Get a fast-paced look at the latest from the border to Main Street to the White House on "NewsNation Live with Marni Hughes." Weekdays starting at 9a/8C.#NewsNationLive NewsNation is your source for fact-based, unbiased news for all Americans.