Two Year Treasury Yield Posts Its Biggest 2 Day Drop Since 2008 As Financial Crisis Raged
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The Fed should let Treasury yields rise and end its obsession with lower rates
Higher interest rates are actually healthy for stocks and the economy.MarketWatch - Business -
10-, 30-year Treasury yields set four-week lows again after weekly jobless-claims data
Yields on long-dated U.S. government debt finished at their lowest levels in about a month on Thursday, after data showed a jump in weekly initial jobless-benefit claims.MarketWatch - Business -
Treasury yields end at one-week highs after data show inflation expectations are rising
Rates on U.S. government debt finished at their highest levels in a week after Friday’s consumer-sentiment data from the University of Michigan showed inflation expectations have risen.MarketWatch - Business -
Honda projected a drop in fiscal-year net profit and announced a share buyback after posting a sharp increase in annual profit for the previous year.
Honda projected a drop in fiscal-year net profit and announced a share buyback after posting a sharp increase in annual profit for the previous year.The Wall Street Journal - World -
Warby Parker’s stock sees biggest gain in nearly two years company raises guidance, overshadowing a quarterly loss
Warby Parker Inc.’s stock was on track to open higher Thursday, after the maker of eyewear raised its full-year revenue guidance and offset a first-quarter loss.MarketWatch - Business -
The Shenandoah County school board in Virginia voted to name two of its schools Stonewall Jackson High School and Ashby Lee Elementary School, restoring Confederate names dropped in 2020.
The Shenandoah County school board in Virginia voted to name two of its schools Stonewall Jackson High School and Ashby Lee Elementary School, restoring Confederate names dropped in 2020.The Wall Street Journal - World -
‘I want to die “young” as late as possible,’ says 83-year-old triathlete doctor who reinvented himself after a midlife crisis
Joseph Maroon says he’s too busy to slow down.MarketWatch - Business -
UK exits recession with fastest growth in two years
The economy grew by a stronger than expected 0.6% in the first three months of the year.BBC News - Top stories - United Kingdom -
Friday Briefing: Stormy Daniels, Day Two
Also, Israel-Hamas talks falter again.The New York Times - World -
Tesla plans to spend more than $500 million to expand its electric-vehicle charging network this year, CEO Musk said, days after the carmaker signaled plans to slow down the build-out of its Supercharger network.
Tesla plans to spend more than $500 million to expand its electric-vehicle charging network this year, CEO Musk said, days after the carmaker signaled plans to slow down the build-out of its Supercharger network.The Wall Street Journal - World -
2 men charged in connection with the fatal shooting of a 1-year-old boy in New York
Dashawn Austin and Akeem Artis were two of 18 charged in a 63-count indictment for gang-related activity including multiple counts of murder and weapons charges.CNN - Top stories - New York -
For Mother’s Day, 5 economists share the best financial advice their moms gave them
For Mother’s Day, MarketWatch asked five economists about the financial lessons their moms imparted.MarketWatch - Business