Ian Smith
Photojournalist at KDKA-TV (Pittsburgh, PA)
KDKA-TV Chief Photographer. Emmy and Murrow award winner. Born & raised in the Burgh. Proud @north_hills & @KentState grad!
Articles
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1 month ago |
businessandamerica.com | Ian Smith
A global bond market sell-off sparked by US debt fears has put fresh pressure on UK chancellor Rachel Reeves and her self-imposed fiscal rules. Yields on the 30-year gilt are approaching a 27-year high and closed at 5.48 per cent on Friday, following gains in US and Japanese government bond yields in recent weeks. Meanwhile, UK 10-year gilt yields, the benchmark debt watched most closely by investors, have risen more than equivalents in any other G7 country barring Japan over the past year.
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1 month ago |
businessandamerica.com | Ian Smith
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investor jitters about the state of the US public finances have put the dollar on track for its worst week since President Donald Trump’s “liberation day” tariffs announcement rocked markets at the beginning of April. The US currency fell 0.7 per cent on Friday against a basket of peers including the euro and the yen.
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1 month ago |
businessandamerica.com | Ian Smith
Stay informed with free updatesSimply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation rose more than expected to a 15-month high of 3.5 per cent in April after higher utility bills and tax rises kicked in, prompting traders to price in just one interest rate cut over the next year. Wednesday’s figure from the Office for National Statistics was both higher than the 3.3 per cent predicted by analysts polled by Reuters and March’s 2.6 per cent.
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1 month ago |
businessandamerica.com | Ian Smith
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Yields on the longest-dated Japanese government bonds surged to record highs on Tuesday after a dismal debt auction added to investor fears of a lack of demand. The yield on the 30-year bond rose as high as 3.14 per cent, while that on the 40-year bond reached an all-time high of 3.61 per cent, with both rising by as much as 0.17 percentage points.
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1 month ago |
businessandamerica.com | Ian Smith
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US companies are tapping Europe’s debt market at a record pace, attracted by lower borrowing costs on the continent and the chance to diversify their sources of funding, as uncertainty over President Donald Trump’s tariffs triggers big market swings.
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#BREAKING: New #Steelers QB Aaron Rodgers meets with the media. Says his first day of practice is like the first day of school…finding his way around, meeting his teammates. But he’s happy to be here. @KDKA #HereWeGo https://t.co/ym4666dpwk
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