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MarketWatch - Business
2-year Treasury yield ends at almost three-week low after ISM data offers signs of waning U.S. growth
Treasury yields finished lower on Wednesday for a second straight session after the Institute for Supply Management’s index of services businesses produced its lowest reading since the height of the pandemic in May 2020. -
The New York Times - Business
Saks Acquires Neiman Marcus
The deal, a vote in favor of the future of brick-and-mortar retail on the high end, could reshape the retail landscape. -
ESPN - Sports
Brewers get Civale from Rays to bolster rotation
The Milwaukee Brewers acquired right-hander Aaron Civale from the Tampa Bay Rays on Wednesday, adding the veteran to a thin starting rotation in hopes of holding onto first place in the National League Central. -
NBC News - Top stories
Democratic Party rules show a clear path to replace Biden if he were to step aside
As Biden's campaign tries to calm nervous Democrats, the DNC is circulating talking points that misleadingly suggest there is no means of replacing the president at the top of the party's ticket.Joe Biden -
Inc. - Business
Seattle Plastic Surgery Provider Fined $5 Million for Threats and Fake Reviews
The complaint said the clinic violated state and federal consumer protection laws by posting fictional positive reviews and forcing patients to sign NDAs to stop them from sharing negative comments. -
MarketWatch - Business
Quest Diagnostics to acquire Canada’s LifeLabs for about $985 million, including debt
Quest Diagnostics Inc. said Wednesday it has entered a definitive agreement with pension fund OMERS to acquire LifeLabs, a Canadian provider of community laboratory services, for about C$1.35 billion ($985 million), including net debt. -
The Wall Street Journal - World
U.S. Natural Gas Futures Settle Lower
U.S. natural gas futures settled lower in light up-and-down trade. -
Financial Times - Business
The BlackRock private data deal that minted a UK billionaire
Sale of Preqin for £2.5bn has catapulted founder Mark O’Hare into ranks of Britain’s wealthiest peopleUnited Kingdom -
The Wall Street Journal - World
Dollar Could Fall if Rate Cut Bets Rise
The dollar looks set to fall heading into next year as recent softer U.S. economic data could bolster market expectations for interest rate cuts by the Federal Reserve, MUFG Bank said. -
The Wall Street Journal - World
Euro Could Extend Rise Against Dollar if U.S. Jobs Data Miss Forecasts
The euro could extend gains against the dollar if U.S. nonfarm payrolls data miss expectations, but any rise will be limited, ING said. -
CBS Sports - Sports
Aaron Civale trade: Brewers acquire Rays starting pitcher in boost to first-place club's rotation
Civale is under team control through 2025 -
Inc. - Business
Bob Iger and Willow Bay to Acquire a Majority Stake in Women's Pro Soccer Team Angel City Football Club
The married couple will replace Reddit co-founder Alexis Ohanian among the club's star-studded shareholders. -
CNBC - Business
Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal
The deal will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus' namesake department store chain and Bergdorf Goodman. -
CNBC - Business
10-year Treasury yield tumbles after weak economic data
The benchmark 10-year yield, used to price everything from mortgages to credit cards, slipped for another session. -
The New York Times - Top stories
New Jersey Is One of America’s Fastest-Warming States, Data Shows
Global warming is hitting the entire Northeast particularly hard, according to figures provided by Climate Central, a nonprofit group. -
MarketWatch - Business
Roche to halt lung-cancer drug trial after disappointing data
Roche Holding said it plans to halt a mid- and late-stage clinical study for a combination of drugs to treat lung cancer after it failed to meet the trial’s primary efficacy goals. -
The Wall Street Journal - World
Oil Slips After U.S. Data Points to Cooling Economy
Oil prices were weaker on a thinner trading day due to the Fourth of July holiday and despite softer-than-expected U.S. employment and business activity data fuelling optimism for future rate cuts. -
Financial Times - World
US sees ‘significant opening’ for Israel-Hamas hostage deal
Administration official hails ‘breakthrough’ after Joe Biden and Benjamin Netanyahu spoke on ThursdayIsrael -
The Wall Street Journal - World
Copper, Iron Ore Rise on Weak Dollar, Fading Weather and Seasonal Pressures
Copper rose, supported by a weaker dollar, while iron ore prices also climbed likely on fading seasonal pressures and weather concerns as investor focus turned to China’s Third Plenum for additional policy measures, SP Angel said. -
Financial Times - World
Historic UK election hauls reveal bigger voter trends
We are now in an era of increased volatility where party dominance is never guaranteedUnited Kingdom -
Financial Times - World
Orbán arrives in Moscow to meet Putin despite outcry
Hungarian PM says he will not negotiate on EU’s behalf after European leaders warned he does not represent them -
MarketWatch - Business
Treasury yields hold steady ahead of June jobs data
Yields on U.S. government bonds traded flat to lower on Friday as investors returned from a holiday break to a fresh update on the state of the jobs market. -
The New York Times - Business
Investors Bet on Rate Cuts as Recent Data Suggests Slowdown
Markets are expecting the Federal Reserve to make roughly two reductions of a quarter-point each this year. -
MarketWatch - Business
Annovis Bio’s stock rockets 76% after reporting positive data in Parkinson’s disease trial
The stock is on track for its best performance since May 21, 2021, when it gained 127%. -
CNBC - Business
Oil prices hold firm as large draw on U.S. crude, gasoline inventories signal uptick in demand
Gasoline prices are averaging $3.51 per gallon ahead of the Fourth of July holiday, up about 2 cents from last week. -
MarketWatch - Business
Nvidia client Northern Data’s stock cools after spike on report of possible U.S. IPO
Shares of Germany’s Northern Data fell 8% on Wednesday, one day after a surge on a report it may list its cloud computing and data center business in the U.S. -
MarketWatch - Business
Fed minutes show no consensus on how many months of good inflation data needed to start cutting interest rates
Several officials said that interest-rate hikes might be needed if inflation stays at its elevated level or increases further.Federal Reserve