The rescue of the air man from the F-15E fighter jet was announced by Donald Trump in a late night social media post Middle East crisis – live updates The second crew member of a downed F-15E fighter jet has been rescued by US forces, ending a dramatic two day search after the warplane crashed in south west Iran. The crew member sustained some injuries, said Donald Trump in a social media post soo...
The rescue of the air man from the F-15E fighter jet was announced by Donald Trump in a late night social media post Middle East crisis – live updates The second crew member of a downed F-15E fighter jet has been rescued by US forces, ending a dramatic two day search after the warplane crashed in south west Iran. The crew member sustained some injuries, said Donald Trump in a social media post soon after midnight EST. The US president called the operation to recover the airman “one of most daring search and rescue operations in U.S history”. Continue reading...
Hong Kong traveller Mr Lau is among those turning to high-speed rail trips or flights to mainland China after being deterred from international air travel by rising costs, particularly fuel surcharges, within a month of the United States-Israel attack on Iran. The 34-year-old, who was travelling to Guangzhou with his wife for a three-day trip on Friday on a high-speed train, said he had done some ...
Hong Kong traveller Mr Lau is among those turning to high-speed rail trips or flights to mainland China after being deterred from international air travel by rising costs, particularly fuel surcharges, within a month of the United States-Israel attack on Iran. The 34-year-old, who was travelling to Guangzhou with his wife for a three-day trip on Friday on a high-speed train, said he had done some calculations since airlines’ fuel surcharges had risen, noting that a return train trip between the...
Douglas Rissing/iStock via Getty Images By Jennifer Nash The yield on the 10-year note finished April 2, 2026, at 4.31%. Meanwhile, the 2-year note ended at 3.79%, and the 30-year yield ended at 4.88%. The chart below overlays the daily performance of several Treasury bonds, starting from the pre-recession equity market peaks, along with the Federal Funds Rate (FFR) since 2007. This next table sho...
Douglas Rissing/iStock via Getty Images By Jennifer Nash The yield on the 10-year note finished April 2, 2026, at 4.31%. Meanwhile, the 2-year note ended at 3.79%, and the 30-year yield ended at 4.88%. The chart below overlays the daily performance of several Treasury bonds, starting from the pre-recession equity market peaks, along with the Federal Funds Rate (FFR) since 2007. This next table shows the highs and lows of yields and the Federal Funds Rate since 2007. A Long-Term Look at the 10-Year Treasury Yield Here is a long-term view of the 10-year yield starting in 1965, well before the 1973 oil embargo that triggered the era of 'stagflation' (economic stagnation coupled with inflation) Inverted Yield Curve An inverted yield curve is when longer-term Treasury yields are lower than their shorter-term counterparts. The next chart displays the latest 10-2 spread. Typically, the spread turns negative for a period before rising again prior to recessions, as illustrated in the four recessions shown on this chart. For this reason, the 10-2 spread is widely considered a reliable leading indicator for recessions. The lead time between a negative spread and the onset of a recession varies, with recessions beginning anywhere from 18 to 92 weeks after the spread goes negative. One false positive is seen in 1998, where the spread briefly went negative without leading to a recession. In the case of the 2009 recession, the spread went negative multiple times before rising again. Most recently, the spread was continuously negative from July 5, 2022, to August 26, 2024. The last time the spread was negative was on September 5, 2024. If we consider the first negative spread date as the starting point, the average lead time to a recession is 48 weeks, or about eleven months. If we instead use the last positive spread date before a recession, the average lead time is 18.5 weeks, or about 4.25 months. For another perspective on the yield curve, the 10-3mo spread below uses an even s...
As Russia comes to India’s aid amid the global energy crisis, a familiar mantra has resurfaced among officials and political analysts – that Moscow is New Delhi’s “all weather-friend”. Such a stance is anchored by deep strategic interests, with both countries viewing each other as vital to their balancing between China and an increasingly erratic United States, according to observers. On Friday, R...
As Russia comes to India’s aid amid the global energy crisis, a familiar mantra has resurfaced among officials and political analysts – that Moscow is New Delhi’s “all weather-friend”. Such a stance is anchored by deep strategic interests, with both countries viewing each other as vital to their balancing between China and an increasingly erratic United States, according to observers. On Friday, Russian First Deputy Prime Minister Denis Manturov said Moscow was well-positioned to ramp up energy...
Google’s AI Overviews in search results have been linked to consumer fraud risks, with scammers inserting fake phone numbers and misleading details. The issues have prompted Google, part of Alphabet (NasdaqGS:GOOGL), to accelerate anti-spam updates to its AI search features. Concerns focus on the reliability of AI-generated summaries that sit prominently above traditional search results. For Alpha...
Google’s AI Overviews in search results have been linked to consumer fraud risks, with scammers inserting fake phone numbers and misleading details. The issues have prompted Google, part of Alphabet (NasdaqGS:GOOGL), to accelerate anti-spam updates to its AI search features. Concerns focus on the reliability of AI-generated summaries that sit prominently above traditional search results. For Alphabet, AI Overviews are a high profile feature that sits at the center of its search experience...
The second crew member of a downed US F-15E fighter jet has been located following a “heavy firefight”, a US government official told Al Jazeera. The missing airman had been confirmed rescued but was not yet safe, as the operation to extract the crew member from Iranian territory was still ongoing, the report said. More to follow...
The second crew member of a downed US F-15E fighter jet has been located following a “heavy firefight”, a US government official told Al Jazeera. The missing airman had been confirmed rescued but was not yet safe, as the operation to extract the crew member from Iranian territory was still ongoing, the report said. More to follow...