Treasury Yields End at Lowest Levels in at Least A Week after Feds Powell Sees Unlikely Chance of A Rate Hike
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2-year Treasury yield ends at one-week low after first-quarter GDP is revised downward
Treasury yields fell on Thursday as buyers emerged for government debt and a revised reading of first-quarter U.S. GDP growth showed the economy grew at the smallest rate in almost two years.MarketWatch - Business -
Treasury yields drop in May by most in five months after Fed’s preferred inflation indicator shows some signs of cooling
Rates on U.S. government debt posted the biggest monthly declines of 2024 on Friday after the monthly core reading from the Federal Reserve’s preferred inflation measure had its slowest increase of this year.MarketWatch - Business -
Greater U.S. Treasury Supply Seen as a Medium-Term Risk
Treasurys should maintain their status as a global risk-free asset in the near to medium term, but the need to finance the growing U.S. deficit might coincide with softening demand for Treasurys, increasing the risk premium the government pays, ...The Wall Street Journal - World -
Pending home sales in April slump to lowest level since the start of the pandemic
Pending home sales were down in every region of the country, but they fell hardest in the Midwest and West.CNBC - Business -
Pending home sales in April slump to lowest level since the start of the pandemic
Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the National Association of Realtors.NBC News - Top stories -
Chicago business-activity index weakens to lowest level in four years
Index drops to 35.4, well below 40.8 expectedMarketWatch - Business -
Rising Treasury yields have rattled the stock market. Relief may be on the way.
Buyers returned to the U.S. government-debt market on Thursday, following a two-day selloff in the longest-dated maturities that sent yields to one-month highs. It’s the type of buying interest that could keep Treasury yields in check from here.MarketWatch - Business -
Trump sentencing set for July 11, unlikely to see prison time
Former President Donald Trump will be sentenced July 11 after being convicted by a jury on all 34 counts in his New York "hush money" trial. Criminal defense attorney and Columbia law school lecturer Caroline Polisi joined CBS News to discuss the ...CBS News - Top stories - Donald Trump -
Chance to see northern lights returns: Here's where aurora may be visible
The chance to view the northern lights returns for several U.S. states this weekend as a solar storm blasts magnetic material toward Earth.The Hill - Politics -
Global inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - World -
At least 50 people have died in a week as record heat scorches India
Summer heat hit India early this year, and with temperatures soaring over 120 degrees, deaths blamed on the scorching conditions are soaring, too.CBS News - Top stories - India -
Israel expects war in Gaza to continue ‘at least’ through the end of the year
NBC News International Correspondent Raf Sanchez joins Meet the Press NOW to report on Israel’s advance into Rafah and if recent military actions violate President Biden’s red line.NBC News - Politics - Israel -
Mortgage rates snap three-week pullback, average rate on 30-year loan back above 7%
The average rate on a 30-year mortgage moved back above 7% this week, a setback for home shoppers at a time when the U.S. housing market is already slowing under the strain of elevated home loan borrowing costs and rising pricesABC News - Top stories - Mortgage -
Israel ends three-week offensive in north Gaza town
Pictures from Jabalia show widespread destruction, with multi-storey buildings reduced to rubble.BBC News - Top stories - Israel -
What clues can be picked up from Fed speeches over past six weeks
Want to know whether or when the Federal Reserve is going to cut interest rates this year?MarketWatch - Business - Federal Reserve -
Meechai has a big start and leads Women's Open. Nelly Korda won't be around to see how it ends
Nelly Korda making a 10 at the U.S. Women's Open was a surpriseABC News - Sports -
Inflation ticked up in Europe in May. That likely won't stop a central bank rate cut.
Inflation ticked up to an annual 2.6% in Europe in MayABC News - World -
Here's the level to start buying Best Buy after its post-earnings surge
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Fox News and MSNBC Notch Rating Wins After Trump’s Verdict
In prime time, MSNBC scored a rare Nielsen victory. Earlier, when the news broke, Fox News attracted the biggest live audience.The New York Times - Business - Donald Trump -
British kayaker's body found after two-week search
Bren Orton, from Warrington, disappeared while kayaking in Switzerland.BBC News - Top stories -
Baillie Gifford and Edinburgh Book Festival end partnership after activist pressure
Protesters targeted firm’s purported links to Israel and the fossil fuel industryFinancial Times - Business -
House, Senate GOP campaign arms see record-breaking hauls after Trump verdict
The Republican House and Senate campaign arms saw their best one-day online fundraising hauls of the cycle after former President Trump was convicted in his New York case. The National Republican Congressional Committee (NRCC) raked in more than ...The Hill - Politics - Donald Trump -
Special treatment for Thames Water is unlikely to wash
Ofwat has limited room for manoeuvre in providing leniency to financially distressed water companiesFinancial Times - World -
Nelson Peltz sells entire Disney stake weeks after losing proxy battle
In early April, Nelson Peltz's Trian lost a proxy battle at Disney as shareholders reelected the company's full slate of board nominees.CNBC - Business -
Biden to make his first state visit to France after attending D-Day 80th commemorations next week
French President Emmanuel Macron’s office says U.S. President Joe Biden will make his first state visit to France next week after attending D-Day 80th anniversary commemorations in NormandyABC News - World - Joe Biden -
Israel-Gaza war live: Israel’s opposition leader urges Netanyahu to accept ceasefire proposal
It comes after Israeli PM’s comments appeared to contradict a ceasefire plan Joe Biden presented as Israeli-endorsed. See all our Israel-Gaza war coverage hereAt least 36,379 Palestinian people have been killed and 82,407 injured in Israeli ...The Guardian - World - Israel -
Middle East Crisis: After Biden Call to End War, Netanyahu Insists on ‘Destruction’ of Hamas
President Biden laid out a three-stage road map for a permanent cease-fire that he described as an “Israeli proposal,” but Israel appeared divided over the shape of any deal.The New York Times - World - Joe Biden -
Giants tight end Darren Waller releases wild music video after divorce from Las Vegas Aces star Kelsey Plum
Waller ends the video with a dramatic twistCBS Sports - Sports -
Ranking the most unlikely Champions League winners: Chelsea, Liverpool make the list
Borussia Dortmund could very well crack this list with a win on Saturday against Real MadridCBS Sports - Sports - UEFA Champions League -
Buenos Aires trains slow to crawl as protesting conductors demand wage hike
Yahoo News - World -
Costco vows not to hike the price of its $1.50 hot dog combo
Costco hasn't raised the cost of its popular hot dog and soda combo in nearly 40 years, and it's not about to now, a senior exec says.CBS News - Top stories -
A sense of optimism and the chance to chat: how Bogotá is giving respect to unpaid carers
An innovative programme in the Colombian capital is giving a new kind of support and confidence to caregivers, most of them women. . Adela Rubiano Hurtado does not feel there was a point when she made the decision to care for her granddaughter. It ...The Guardian - World -
Donors raise $233,000 to give US cart pusher, 90, chance at retirement
Dillon McCormick, an air force veteran, had been supporting himself by pushing carts in Louisiana’s triple-digit temperatures. Thousands of people have donated about a quarter of a million dollars to a 90-year-old US air force veteran who has been ...The Guardian - World -
Top Senate Armed Services Republican pushes massive hike in defense spending
Politico - Politics -
Lava spurts from Iceland volcano for second day as its fissure extends 2 miles
Lava continues to spurt from a volcano in southwestern Iceland but the activity has calmed significantly from the eruption the previous dayABC News - Tech -
How to Win Government Contracts and Level Up Your Business
RFP expert and Inc. 5000 honoree Lisa Rehurek offered inside tips on nailing lucrative government bids.Inc. - Business -
AP Week in Pictures: Asia
May 24-30, 2024 A Japanese town that erected a huge black mesh net last week to stop tourists from snapping photos of Mount Fuji discovered holes in the screen. South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida met ...ABC News - World -
Labour’s messy campaign week
UK election: can the Green party split the leftwing vote?Financial Times - World -
River ferry sinks in Afghanistan, killing at least 20
A Taliban official said that at least 20 people were killed as a river ferry sank in eastern AfghanistanABC News - World -
River ferry sinks in Afghanistan, killing at least 20
Yahoo News - World