10 Year Treasury Yield Tumbles Below 344 after Producer Prices Decline by More Than Expected
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U.S. 10-Year Treasury Yield Remains Near Multi-Month Highs
Treasury yields remained at multi-month highs they reached on Thursday, following weaker-than-expected first-quarter GDP and a stronger-than-expected acceleration in core PCE inflation.The Wall Street Journal - World -
10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.MarketWatch - Business -
Treasury yields carve out new 2024 highs after first-quarter core PCE inflation comes in hot
Treasury yields finished at their highest levels since November on Thursday, after data showed core PCE inflation came in hot for the first quarter even as U.S. economic growth slowed to 1.6%.MarketWatch - Business -
The S&P 500, Dow and Nasdaq fell 0.5%, 1% and 0.6%, respectively. The yield on the 10-year Treasury note jumped to 4.706%.
The S&P 500, Dow and Nasdaq fell 0.5%, 1% and 0.6%, respectively. The yield on the 10-year Treasury note jumped to 4.706%.The Wall Street Journal - World -
The WSJ Dollar Index Falls 0.2% to 100.14
The WSJ Dollar Index is down 0.2% to 100.14 — down for two of the past three trading daysThe Wall Street Journal - World -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.CNBC - Business - Federal Reserve -
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
Inflation showed little signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures remain elevated.NBC News - Top stories - Federal Reserve -
Unilever backed its full-year guidance after reporting better-than-expected revenue for the first-quarter on higher volumes.
Unilever backed its full-year guidance after reporting better-than-expected revenue for the first-quarter on higher volumes.The Wall Street Journal - World -
Treasury yields slip from 2024 highs even after Fed’s favored inflation report signals stalled progress
Treasury yields eased from their highest levels of the year Friday morning, even after the Federal Reserve’s preferred inflation gauge showed prices jumped again in March.MarketWatch - Business -
Trump’s Immunity Case Was Settled More Than 200 Years Ago
But several members of the Supreme Court seem willing to put presidents above the rule of law.The New York Times - Top stories - Donald Trump -
Flint residents still seeking justice after 10 years of water crisis
Ten years ago, a water crisis began when Flint, Michigan, switched to the Flint River for its municipal water supply. The more corrosive water was not treated properly, allowing lead from pipes to leach into many homes. CBS News correspondent ...CBS News - Top stories -
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.CNBC - Business -
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.MarketWatch - Business -
Lions agree to contract extensions with St. Brown and Sewell worth combined $200M, AP source says
The Detroit Lions have invested in their future, keeping a pair of All-Pro players under contract for the next five seasonsABC News - Sports -
Turkish rail officials jailed for more than 108 years for crash that left 25 dead
A court in Turkey sentenced nine rail officials to more than 108 years’ imprisonment over a crash six years ago that killed 25 people, local media reported on ThursdayABC News - World -
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
2024 NFL Mock Draft: Betting market puts Byron Murphy in top 10, plus how odds predict more than 50 players
This mock draft captures how various betting markets are projecting Round 1 and moreCBS Sports - Sports - NFL -
Exxon Mobil’s stock falls after profit and production drop below forecasts
Shares of Exxon Mobil Corp. dropped Friday, after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin.MarketWatch - Business -
10 years after Flint's lead water crisis began, a lack of urgency stalls 'proper justice'
FLINT, Mich. — Ten years ago, smiling politicians posed for cameras while pushing a button, swapping the main tap water source for this majority-Black, impoverished city to the Flint River — the untreated water that started flowing from residents’ ...NBC News - Top stories -
10 years after Flint's lead water crisis began, a lack of urgency stalls 'proper justice'
FLINT, Mich. — Ten years ago, smiling politicians posed for cameras while pushing a button, swapping the main tap water source for this majority-Black, impoverished city to the Flint River — the untreated water that started flowing from residents’ ...NBC News - Politics -
Ranking the top 10 most important MLB offseason additions after first month: Shohei Ohtani, Juan Soto and more
Through trade and free agency, several teams turned their fortunes around this winterCBS Sports - Sports - MLB -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.CNBC - Business - Donald Trump -
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platformsABC News - Tech -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to investigate possible “unlawful manipulation” of its stock.NBC News - Top stories - Donald Trump -
More than 100 pilot whales are rescued after being stranded in Western Australia
More than 100 long-finned pilot whales that beached on the western Australian coast have returned to sea, while 31 died on the shore, a whale researcher said.NBC News - Top stories - Australia -
More than 100 inmates break free from an old Nigerian prison after heavy rains
Yahoo News - World -
More than 100 inmates break free from an old Nigerian prison after heavy rains
A Nigerian official says more than 100 inmates have escaped from a prison near the capital city of Abuja after heavy rains overnight destroyed parts of the facility, including the perimeter fenceABC News - World -
Meta tumbles 10% on weak revenue forecast and Zuckerberg's comments on spending
Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.CNBC - Business -
Gilead’s quarterly loss is narrower than expected
Gilead Sciences Inc.’s stock dipped 0.2% in after-hours trading Thursday, after the drug company’s adjusted first-quarter profit was narrower than expected.MarketWatch - Business -
Stocks, Bonds Tumble After Economic Data Release
Slowing growth, stubborn inflation drive a broad-based decline in shares.The Wall Street Journal - World -
Rubrik prices IPO at $32 per share, above the expected range
Rubrik is hitting the market at a historically slow time for venture-backed tech IPOs.CNBC - Business -
Rubrik prices its IPO at $32, above expected range
Rubrik Inc. priced its initial public offering late Wednesday at $32 a share.MarketWatch - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Buying a home is more expensive than ever
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY The Big Story It's more expensive than ever to buy a home A new report from real estate company Redfin found that the median home price has hit a record high in ...The Hill - Politics -
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.The Wall Street Journal - World - South Korea -
Harley-Davidson’s stock skids as global motorcycle shipments fall
The motorcycle icon beat analyst estimates, but its shares fell 15.4%.MarketWatch - Business