Latest in 10 year Treasury yield drops below 4.5% on easing supply fears, weak ISM services reading
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‘They created a Vegas in 10 years’: photographing the hedonistic gambling mecca of Macau
Photographer Adam Lampton discusses capturing the vice, cash and sheer excess of the special administrative region of China – a place built on contradictions. “I am not a huge gambler,” says Adam ...The Guardian - Jan. 10 -
Why investors are still buying gold despite a strong dollar and rising Treasury yields
Gold prices settled Thursday at their highest level in four weeks, defying their usual inverse relationship with strength in the U.S. dollar and gains in Treasury yields, as fiscal worries prompt ...MarketWatch - Jan. 10 -
Why everyone else can panic about rising bond yields
In the US they signal optimism while I’m loving a weaker poundFinancial Times - Jan. 10 -
Falling Chinese bond yields signal concern with deflation
Investors expect price pressures to become entrenched in world’s second-largest economyFinancial Times - Jan. 10 -
California wildfires: Water supply becomes flashpoint in Trump-Newsom fight
The blazes burning across the Los Angeles region are not only devastating property and lives, but also fueling political argument over how to fight the fires, with President-elect Trump blaming ...The Hill - Jan. 9 -
TSA highlights ‘10 Best Catches’ at airport checkpoints last year
The Transportation Security Authority (TSA) recently released a video highlighting the “10 best catches” of prohibited items found at airport security in 2024. “While most people are dropping their ...The Hill - Jan. 9 -
10-year Treasury yield drops for first time in five sessions during shortened trading
Treasury yields finished lower in Thursday’s abbreviated trading session, with the bond market shutting early in observance of a national day of mourning to honor former President Jimmy Carter.MarketWatch - Jan. 9 -
Treasury yields fall in shortened trading session
U.S. Treasury yields fell during a shortened trading session as the bonds market will close early in honor of the late former U.S. President Jimmy Carter.CNBC - Jan. 9 -
Read the full eulogy Walter Mondale left behind for Jimmy Carter
Former president Jimmy Carter's vice president, Walter Mondale, died in 2021 but left behind a eulogy that his son Ted read at Carter's memorial service Thursday morning.CBS News - Jan. 9 -
Service Workers Union Rejoins AFL-CIO After 20 Years as Labor Girds for Trump 2.0
The Service Employees International Union, which has 2 million members, will renew its affiliation with the umbrella labor union, bringing membership to about 15 million.Inc. - Jan. 9 -
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Bond market turmoil eases as Treasury minister says ‘no need’ for government intervention – business live
Lib Dems say chancellor should stay and make emergency fiscal statement and also cancel planned national insurance hike. Reeves’ fiscal rules non-negotiable in face of bond sell-off, deputy ...The Guardian - Jan. 9 -
Trump and Pence shake hands at Carter's funeral service
President-elect Trump and his former Vice President Mike Pence briefly greeted each other and shook hands as they arrived for the state funeral for former President Jimmy Carter.NBC News - Jan. 9 -
Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9 -
Why a 5% 10-year Treasury yield could be a buying opportunity
Investors may look back and “see points in time” when Treasury yields were approaching 5% and investors should have been buying, according to PGIM’s head of global bonds.MarketWatch - Jan. 9 -
Versatile and self-aware, Betty Gilpin moves with ease onscreen and onstage
The actor stars in Netflix's gritty western "American Primeval" and will soon take over the lead role in "Oh, Mary!" on Broadway.Los Angeles Times - Jan. 9 -
Paul Krugman thinks bond yields may be rising due to an ‘insanity premium’
Economist Paul Krugman says a rise in 10-year yields may be driven by President-elect Donald Trump’s economic policy pronouncements and other proposals.MarketWatch - Jan. 9 -
A plunging pound with surging U.K. yields suggest the bond vigilantes are lurking
A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a warning to the U.S. and other countries that the bond vigilantes are ...MarketWatch - Jan. 9 -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
Shares of California utility Edison International drop 10% as wildfires rage
The decline comes as multiple large fires are burning around Los Angeles, with strong winds making them difficult to contain.CNBC - Jan. 8 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - Jan. 8 -
Treasury yield curve steepens for all the wrong reasons
Investors continued to sell off the 30-year Treasury bond for a sixth straight session on Wednesday, pushing its yield further into its highest closing level in more than a year.MarketWatch - Jan. 8 -
Shares of California utility Edison International drop more than 10% as wildfires rage
Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly ...NBC News - Jan. 8 -
State funeral services for former President Jimmy Carter
Watch live coverage as the state funeral for former President Jimmy Carter is held in Washington, D.C. President Biden will deliver the eulogy as past presidents, lawmakers, dignitaries and ...NBC News - Jan. 8 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
Amazon Books editorial director shares top reads to inspire New Year's reset
Amazon Books' editorial director Sarah Gelman joins "CBS Mornings" with recommendations to help reset your life in January and become the best version of yourself in 2025.CBS News - Jan. 8 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
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US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - Jan. 7 -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - Jan. 7 -
10-year Treasury yield ends at highest since April as inflation worries grow
U.S. government debt sold off aggressively on Tuesday, pushing the benchmark 10-year rate to its highest level in more than eight months, after an ISM services-sector reading contained signs of ...MarketWatch - Jan. 7 -
Jimmy Carter to be honored in service at U.S. Capitol
Republicans and Democrats in Washington, D.C., have united to honor former President Jimmy Carter as his casket heads to Capitol Hill to lie in state. CBS News' Nikole Killion has more on the plans.CBS News - Jan. 7 -
Biden administration eases sanctions on transitional Syrian government after Assad ouster
The Biden administration has eased sanctions blocking transactions with the transitional Syrian government following the ousting of longtime dictator Bashar Assad. The move marks a gesture of ...The Hill - Jan. 7