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Michael Rainey

Reporter

Indexed articles, last 90 days
15
Latest publication
Sep 30, 2026
Outlet visibility, for yahoo.com
Top 1K sites
Earliest in this view
Jul 13, 2026

Latest articles

  1. Article · Sep 30, 2026 · By Michael Rainey

    Trump Administration Runs More Taxpayer-Funded Trump Ads | The Fiscal Times (opens the original)

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    The Trump administration aired a television ad this past weekend that appears to be identical to a campaign ad made for the 2024 presidential election, with one major difference: It says it has been “Paid for by the U.S. Government.” The ad joins two other campaign-like messages making that claim, including one we told you about last week that states, “America will never be a communist country,” while a chorus of voices sings “love me.” In the ad that aired this weekend, a grim-faced Trump is se

  2. Article · Sep 17, 2026 · Michael Rainey

    Fed Hikes Key Interest Rate for First Time Since 2023 (opens the original)

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    Citing concerns about persistent inflation, Federal Reserve officials voted unanimously on Wednesday to raise the bank's benchmark interest rate by a quarter of a percentage point, to a range between 3.75% and 4.0%. The decision — the first rate hike since 2023 — pushes the Fed's interbank lending rate to its highest level since December 2025. The move comes as Fed officials confront persistent inflationary pressure, driven by President Trump's tariffs, the buildout of artificial intelligence in

  3. Article · Sep 14, 2026 · Michael Rainey

    10-Year Yield Top 5% in Trading (opens the original)

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    The yield on the 10-year Treasury note topped 5% in trading on Monday, briefly reaching 5.01%, the highest level since October 2023. The rate eased modestly later in the day as bond buyers emerged, closing at 4.99%. Bond yields have been moving higher lately, with the 10-year yield roughly a full percentage point higher than before the start of the Iran war. Monday's spike comes ahead of the next meeting of the Federal Open Market Committee on Tuesday and Wednesday of this week, and expectations

  4. Article · Sep 11, 2026 · Michael Rainey

    Stubbornly Hot Inflation Raises Pressure on the Fed (opens the original)

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    Prices in the U.S. economy kept rising in August, according to government data released Friday, ratcheting up the affordability squeeze on American consumers while raising pressure on the Federal Reserve to increase interest rates at its meeting next week. The consumer price index rose 0.4% from July to August, the Labor Department announced, contributing to a 3.4% annual inflation rate. The monthly figure was four times higher than the prior month's reading, while the annual rate held steady. B

  5. Article · Sep 9, 2026 · Michael Rainey

    Investors Brush Off Bessent’s Surge in Buybacks (opens the original)

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    The U.S. Treasury Department said Wednesday that it plans to buy $6 billion of government debt this week as part of an effort to reduce long-term borrowing costs and maintain liquidity in the bond market. The buyback operation, which triples the normal level of $2 billion per week, will continue at a higher level moving forward, Treasury said, with at least $4 billion in debt purchased each week for the next few months, and perhaps longer. This week's buyback, which is scheduled for Thursday, wi

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