Writing the summary…
Beaten-up bond market may be nearing 'escape velocity.' Here's what that means
Original reporting
CNBC: read the full reportRelated stories
Judge blocks Kennedy Center board from returning Trump's name to building
The ruling comes four months after the same judge ordered that the Kennedy Center could not be renamed to include President Trump's name
Airfares, gas and hotel prices were up this summer—Americans traveled anyway
If the fall travel season looks anything like the summer, costs for flights, hotels and gas will be higher and Americans will still find money for vacations.
10-year Treasury yield hits highest level since 2007 as traders bet a Fed rate hike is coming
The sell-off in U.S. government debt is deepening as investors price in an interest rate hike this week.
Ford increases V-8 engine availability, lowers performance prices for 2027 F-150 trucks
Ford said the changes are meant to provide customers with more choice and help expand sales of key models, a strategy CEO Jim Farley has touted.
Scott Bessent defends Treasury intervention, Trump economy in contentious House hearing
Bessent defended the administration's Treasury-market intervention, economic record and AI policy while lawmakers tried to pin him down on borrowing and energy.
Saudi pipeline closure is a brief interruption that will last days, U.S. Energy Secretary tells CNBC
The Saudis closed the East-West pipeline after it sustained damage in a drone attack launched from Iraq.