Borrowing costs go boom

Bond yields jumped to multi-decade highs in some countries this week, as market anxiety about inflation and the Iran war grows. The U.S. is not exempt from this turmoil. Borrowing rates could balloon, affecting the Fed and your wallet. We’ll explain. Also in this episode: The labor market barely budges in July job openings and labor turnover data, U.S. solar energy storage capacity nearly doubles under President Trump, and Reddit becomes valuable internet real estate in the age of AI.

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Read the stories in today’s episode:

• Rising global bond yields will put pressure on U.S. interest rates, too
• The labor market in July showed very little movement
• For this Mississippi barge line, labor is more of a concern than tariffs
• Why solar energy storage capacity has nearly doubled since Trump took office
• "The heart of the internet": AI has marketers flocking to Reddit
• From medicine to HVAC: one entrepreneur's journey