Market Extra Debt Ceiling Angst Drives Treasury Bill Yields Above 7
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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 -
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 -
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 -
Debt consolidation vs. debt settlement: Which is better?
Debt consolidation and debt settlement are both popular debt relief options. But which is better? Find out here.CBS News - Top stories -
Developing country DMOs driving blind
All borrowers are equal, but some . . .Financial Times - World -
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 -
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 -
We’re paying off medical debt wrong
We must rein in high prices and improve insurance coverage and hospital financial assistance so we can stamp out medical debt at the source.The Hill - Politics -
Extra 85,000 childcare places needed in England to meet government target
Official estimates come as ministers set out pilot scheme repurposing empty school spaceFinancial Times - World -
Don't Compete--Collaborate. How Cannabis Partnerships Are Driving Growth
Entrepreneurs behind fast-growing cannabis companies share how they're growing their brands, and their industry, together.Inc. - Business -
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 -
Lawmakers want to make China pay its trillion-dollar debt to Americans
When the People's Republic of China won recognition as China's rightful government, it also inherited its predecessor government's debtsThe Hill - Politics - China -
Hedge fund pushes for power firm to be excluded from Ukraine debt deal
London-based VR Capital is part of bondholder group that does not want Ukrenergo debt to be part of sovereign restructuringFinancial Times - World - Ukraine -
Facing Shrimp-Fueled Debt, Red Lobster Reportedly Mulls Chapter 11
The Florida-based seafood chain reportedly considers protection from creditors to work from under debt worsened by its all-you-can-eat shrimp deals.Inc. - Business -
'The mirror doesn’t lie': How Corey Seager’s constant pursuit of perfection created MLB’s most beautiful swing
Seager's left-handed swing is a thing of beauty. But the constant feeling that it could desert him is what turned him into MLB's new Mr. Clutch.ESPN - Sports -
Some Older Women Need Extra Breast Scans. Why Won’t Medicare Pay?
Mammography can miss tumors in women with dense breasts, so their doctors often include ultrasound or M.R.I. scans. Patients often wind up paying the bill.The New York Times - Health -
Some Older Women Need Extra Breast Scans. Why Won’t Medicare Pay?
Mammography can miss tumors in women with dense breasts, so their doctors often include ultrasound or M.R.I. scans. Patients often wind up paying the bill.The New York Times - Top stories -
7 places to retire for people who love cruises
If you plan to cruise a lot in retirement, being within driving distance of a major port can open up the world to you.MarketWatch - Business -
WATCH: 3 shih tzus pop their heads up above a tub mid-bath
Mabel, Alice, and August were ready for bath time to be over.ABC News - Top stories -
How Not to Invest in the Bond Market
Investors poured billions into long-term U.S. government funds last year. Right on cue, the market tanked—again.The Wall Street Journal - World -
Video of officials signing bilateral agreement falsely shared as 'Indonesia paying off debts to China'
Yahoo News - World -
CDs vs. high-yield savings accounts: What to consider before the Fed cuts rates
If the Fed decides to cut rates soon, here's how it could affect your savings.CBS News - Top stories - Federal Reserve -
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 -
Almost a quarter of kids aged 5-7 have smartphones
The regulator calls the data a "wake up call", and says parents and industry need to do more.BBC News - Top stories -
Logan Webb dominant for 7 innings as Giants blank Diamondbacks 5-0
Logan Webb retired 19 straight batters on his way to seven smooth innings and the San Francisco Giants beat the Arizona Diamondbacks 5-0 to open a four-game seriesABC News - Sports - MLB -
American Express says cardholders are buying lots of ‘front of cabin’ plane tickets, as total spending grows 7%
American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period.MarketWatch - Business -
GOP lawmaker blames 'Gaetz and 7 useful idiots' for House turmoil
Rep. Mike Lawler (R-N.Y.) blamed Rep. Matt Gaetz (R-Fla.) and “seven useful idiots” for turmoil in the House, saying Thursday their success in ousting former Speaker Kevin McCarthy (R-Calif.) last fall is a direct cause of today's problems for ...The Hill - Politics -
Mortgage rates top 7 percent for first time in 2024
Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie Mac. The average 30-year fixed-rate mortgage rose to 7.1 percent this week, up from 6.88 percent the week before. “As rates trend higher, ...The Hill - Politics - Mortgage -
Girl, 7, starts lemonade stand to raise money for mother's headstone
The first time Emouree went to the cemetery with her grandmother, she couldn't understand why everyone else got a giant granite headstone, but her mother just received a tiny metal one.CBS News - Top stories -
America's Cigarette Market Is Up for Grabs
Philip Morris will soon be able to sell its most successful smoke-free product in the U.S., setting up a battle with its former parent company Altria.The Wall Street Journal - World -
Health Care Roundup: Market Talk
Gain insight on cannabis legalization efforts in Florida, Intuitive Surgical, EssilorLux, and more in the latest Market Talks covering the Health Care sector.The Wall Street Journal - World -
Basic Materials Roundup: Market Talk
Find insights on Press Metal Aluminium, Gold Road’s Gruyere gold mine, Whitehaven Coal and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Gain insight on E15, Parkland, BP, Nel and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Ex-Indiana teacher accused of encouraging classmates to beat up 7-year-old with disabilities
A former teacher in Indiana is accused of orchestrating a “Fight Club” in which he allegedly encouraged classmates to beat up a 7-year-old student with disabilities and videotaping at least one assault, according to a lawsuit filed this week.NBC News - Top stories -
New exhibit in New York re-creates Israeli music festival attacked on Oct. 7
The objects bear the scars of a massacre.NBC News - Top stories - New York -
Jameson Taillon comes off the injured list and pitches Cubs to 8-3 win, dropping Marlins to 4-16
Jameson Taillon allowed one run over five innings in his first start this season after recovering from a strained back, and the Chicago Cubs beat the Miami Marlins 8-3ABC News - Sports -
Asia Markets Fall After Israeli Strike on Iran
Stock markets in Asia fell while safe-haven assets such as U.S. Treasurys, the yen and the Swiss franc rose sharply after Israel launched a retaliatory strike against Iran early Friday.The Wall Street Journal - World - Israel -
European Gas Erases Gains as Market Weighs Strike on Iran
Yahoo News - World - Iran -
Cybersecurity Venture Market Rebounds With Tailwind From AI
While startups across most sectors face a difficult fundraising environment, cybersecurity startups are showing signs of life, thanks in part to their sector’s ties to artificial intelligence.The Wall Street Journal - World -
Markets are a frog in boiling water on Iran-Israel
While the reaction to the latest hostilities has been tame, the global economy is too fragile for a new crisisFinancial Times - Business - Israel