Bond Report 2 Year Treasury Yield Has Biggest Three Week Decline in 35 Years As Traders Assess Latest Signs of Bank Stress
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2-year Treasury yield ends with largest four-week advance since last June
Rates on U.S. government debt finished slightly lower on Friday after Israel’s limited retaliation against Iran led to a modest flight-to-safety trade, yet yields still advanced for the third or fourth week in a row.MarketWatch - Business -
UK inflation could stay near 2% target for three years, says BoE rate-setter
Dave Ramsden’s comments suggest he does not need much more evidence of price growth falling before backing rate cutsFinancial Times - Business - United Kingdom -
Transfer Talk: Madrid to wait until next year to sign Davies
Real Madrid will look to sign Bayern Munich's Alphonso Davies next year when he is a free agent. Transfer Talk has the latest.ESPN - Sports -
How Canadian Gun Smugglers Pulled Off the Biggest Gold Heist in Years
A man driving a truck pulled up at Toronto’s airport with fake documents and drove off with $14.5 million in gold bars.The Wall Street Journal - World -
Gilt Yields Fall After Weak U.K. Retail Sales Data
Gilt yields declined following weaker-than-expected U.K. retail sales data, increasing prospects of a Bank of England interest-rate cut in the coming months.The Wall Street Journal - World - United Kingdom -
10-year-old boy confesses to fatally shooting a man in his sleep 2 years ago, Texas authorities say
Authorities in Texas say a 10-year-old boy has confessed to an unsolved 2022 killing, telling investigators that he shot a man he did not know while the victim sleptABC News - Top stories -
10-year-old boy can't be charged for homicide he says he committed 2 years ago
Texas state law says a child under the age of 10 doesn't have criminal culpability, law enforcement said.CBS News - Top stories -
Pep: Palmer asked to leave Man City for 2 years
Cole Palmer tried to leave Manchester City "for two seasons" before joining Chelsea, according to Pep Guardiola.ESPN - Sports -
Week Ahead for FX, Bonds
While the latest developments out of the Middle East ratchet up uncertainty across markets, investors will continue to scrutinize economic data, with focus on the U.S.The Wall Street Journal - World -
The Wolf Among Us 2 Is Still In Production This Year Despite Layoffs, New Images Revealed
New images from The Wolf Among Us 2 have been released, confirming that Telltale Games is still working on the game, despite it being announced back in 2019.. On the Telltale community forums, the developer showed off four new screenshots from The ...GameSpot - Tech -
Knicks vs. 76ers: Nicolas Batum shut down Jalen Brunson three years ago in playoffs, but it's not 2021 anymore
Philadelphia will likely put length on Brunson again, but New York is used to thatCBS Sports - Sports - NBA -
Bitcoin evangelist Michael Saylor has made $370 million from MicroStrategy stock sales this year
Following a share-sale plan executed last year, MicroStrategy founder Michael Saylor has profited handsomely from unloading stock in 2024.CNBC - Business - Crypto -
Why a 3-million-year-old lizard species in Arizona has virtually disappeared
A report from the United Nations determined that 1 million species are threatened with extinction. Dr. John Wiens from the University of Arizona believes that number is far higher based on his research. He says climate change is quickening the ...CBS News - Top stories -
Netflix’s stock has worst day in two years as its ‘rite of passage’ gets panned
Other tech companies have pulled back on financial disclosures as they’ve grown, and now Netflix will do the same.MarketWatch - Business - Netflix -
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - World -
Coban Porter sentenced to 6 years in prison for deadly DUI crash same week his brother Jontay banned from NBA
One Porter brother is banned for life from the NBA. Another is headed to prison.Yahoo Sports - Sports -
Meghan’s gone from royal upsetter to tradwife in three short years. Given what’s out there, you’d do the same | Gaby Hinsliff
Her cookery and lifestyle show looks like a sensible retreat from the abuse she’s suffered simply for being a modern black woman. Meghan Markle has bottled it. Or more precisely, she has been making jam. Branded jars of her strawberry preserves, ...The Guardian - World -
As Paramount’s stock soars, bonds see net selling despite juicy yields and discounted prices
Paramount’s bonds that mature in 2032 and 2036 are currently yielding more than 7%.MarketWatch - Business -
Big banks have been a bright spot in tough week for markets
Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional banks now on deck.MarketWatch - Business -
U.S. sanctions 2 entities over fundraising for extremist West Bank settlers
The Treasury Department announced sanctions on two entities accused of fundraising for extremist West Bank settlers connected to violence against Palestinians.CBS News - Politics -
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.The Wall Street Journal - World -
Juliette Pavy: Sony World Photographer of the Year 2024
The prestigious photographer of the year title has been awarded to Juliette Pavy for her series Spiralkampagnen: Forced Contraception and Unintended Sterilisation of Greenlandic Women. Pavy was selected from the 10 winners in the professional ...The Guardian - World -
5 Takeaways From a Year of Medicaid Upheaval
In the year after a pandemic-era policy preserving Medicaid coverage lapsed, more than 20 million people were dropped from the program at some point.The New York Times - Health -
Palmer wanted to leave Man City 'for two years' - Guardiola
Manchester City manager Pep Guardiola says Cole Palmer was asking to leave the club for two years before he eventually joined Chelsea.BBC News - Top stories -
Marking 25 years since the Columbine shooting
Saturday marks 25 years since the devastating Columbine High School shooting in Littleton, Colorado. Twelve students and one teacher were killed when a pair of students opened fire during a school day in what became one of the most high-profile ...CBS News - Top stories -
Columbine survivor on 25 years since mass shooting
The Columbine High School mass shooting in Littleton, Colorado, left behind many survivors and families who are still dealing with the massacre's trauma. Zach Cartaya, a Columbine student and co-founder of The Rebels Project, joins CBS News with ...CBS News - Top stories -
Blinken declines to confirm reports Israel warned of drone attack, but says US not involved in any offensive operations
Blinken declines to confirm reports Israel warned of drone attack, but says US not involved in any offensive operationsABC News - World - Israel -
‘Five-year-old on acid’: Liz Truss’s Ten Years to Save the West, digested by John Crace
Sketchwriter’s take on memoir of PM who screwed up catastrophically and quickly but thinks there’s still work to do. I was impatient to get going. Plans had been made. I picked up my phone. “ChatGPT. Write me a memoir in the style of an excitable ...The Guardian - World -
Warner Bros. Discovery CEO David Zaslav received pay last year valued at $49.7 million, a 27% increase from 2022 and more than three times as much as the $15.6 million median pay of S&P 500 CEOs disclosed through late March.
Warner Bros. Discovery CEO David Zaslav received pay last year valued at $49.7 million, a 27% increase from 2022 and more than three times as much as the $15.6 million median pay of S&P 500 CEOs disclosed through late March.The Wall Street Journal - World -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
Borrowing from the discount window carries a stigma officials hope to reduce.The Wall Street Journal - World -
Mortgage rates are now at the highest level of the year and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going.NBC News - Top stories - Mortgage -
Japan’s inflation marks two years above BOJ’s target as meeting looms
Japan’s consumer inflation has stayed above the Bank of Japan’s 2% target for two years, government data confirmed Friday, amid speculation over further interest-rate increases.MarketWatch - Business - Japan -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
UK car insurance prices fall for first time in two years
Quarter-on-quarter drop provides some relief for households but quotes are up 43% from a year agoFinancial Times - Business - United Kingdom -
London house prices underperformed rest of UK for past 8 years
High costs, post-Covid trends and rising mortgage rates suppressed demandFinancial Times - Business - United Kingdom -
Crew of migrant rescue boat acquitted in Italy after seven-year ordeal
Case of the Iuventa became a symbol of what activists say are growing attempts to criminalise refugee aid workers. Europe live – latest updatesJudges in Sicily have acquitted all crew members of an NGO rescue boat who had been accused of aiding ...The Guardian - World -
After 70 Years, Si Lewen’s Wrenching ‘Parade’ Marches On
This sequence of 63 bravura antiwar drawings hasn’t been shown in New York in nearly seven decades but they’re up again now, thanks to Art Spiegelman.The New York Times - Top stories -
Dominican prosecutors arrest soldier accused of raping a 14-year-old
Dominican authorities have ordered the arrest of a Dominican soldier accused of raping a 14-year-old Haitian girl while searching for immigrants in the country illegally near the upscale resort town of Punta CanaABC News - World -
Eric Braeden of 'Young and the Restless' nominated for first Daytime Emmy in 20 years
Eric Braeden, the actor whose character was intended to be killed off after a short run, has been central to 'The Young and the Restless' for more than 40 years.Los Angeles Times - Entertainment