Budget news — August 17, 2026

6 publications

1. U.S.BudgetTax

   Aug 17, 2026, 19:20 UTC

   U.S. 30-Year Treasury Yields Surge to 19-Year High

   The 30-year Treasury yield reached 5.31%, its highest level since 2004, driven by concerns over rising U.S. debt, heavy corporate borrowing, and persistent inflation. The move comes despite softer inflation data and could push up borrowing costs for mortgages and businesses across the economy. Traders awaited the latest FOMC minutes for further guidance.

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2. SocietyBudgetFraudFamily

   Aug 17, 2026, 17:31 UTC

   Netizens Expose: Betting Platforms Delaying Commissions

   Netizens have reported that they have been recruiting for betting platforms under Perfect Sports and its sub-networks since May but have not received any commission despite repeated requests. The Perfect Company has been delaying payments, leaving recruiters without work or money. Netizens are using social media platforms like Douyin and TikTok to expose these issues and urge KaiXuan Property and Xinhai Property Management to intervene and prevent such black companies from existing.

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3. WorldRegulatorsAfricaBudget

   Aug 17, 2026, 14:28 UTC

   Iraq's Economy Hit by Strait of Hormuz Closure

   The closure of the Strait of Hormuz has had a direct impact on Iraq's economy, according to multiple sources including the Minister of Finance. The ministry is working to boost non-oil revenues and enhance financial management tools to overcome the current circumstances. Iraq is also planning to approve its first program-based or performance-based budget in history.

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4. WorldRegulatorsMiddle EastBudget

   Aug 17, 2026, 07:48 UTC

   Russians Increase Money Transfers to Foreign Brokers

   Russians have significantly increased money transfers to accounts of foreign brokers, with a record sum of 600 billion rubles transferred in just six months, from December 2024 to June 2025. This trend is attributed to potential capital flight due to possible new restrictions and political instability.

   3 sourcesSee all sources
5. U.S.LaborBudgetEarnings

   Aug 17, 2026, 03:57 UTC

   U.S. Economy Loses Jobs in July

   The U.S. economy lost 23,000 jobs in July, contrary to expectations of job growth. The unemployment rate ticked down to 4.1% due to fewer people seeking jobs.

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6. BusinessBudgetCorp GovRatings

   Aug 17, 2026, 02:10 UTC

   Ranveer Singh's Corporate Backing Amid Don 3 Controversy

   Ranveer Singh has secured corporate backing from Ananya Birla's Birla Studios and Hansal Mehta's True Story Films for his upcoming film 'Pralay'. This move comes amidst the controversy surrounding his exit from 'Don 3', where he faced a non-cooperation directive from the Federation of Western India Cine Employees (FWICE) and a complaint from producers Farhan Akhtar and Ritesh Sidhwani to the Indian Motion Picture Producers' Association (IMPPA). Industry experts discuss the implications of such backing and studio pressure tactics.

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