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Bond traders shake off weak jobs report, send 10-year Treasury yield to 4-month high
Long-dated Treasury yields ended at their highest levels since early July on Friday as traders looked past October’s nonfarm-payrolls report, which came in well below expectations.Business - MarketWatch - November 1 -
As Russia Advances, U.S. Fears Ukraine Has Entered a Grim Phase
Weapons supplies are no longer Ukraine’s main disadvantage, American military officials say.World - The New York Times - November 1 -
Record numbers of wealthy Americans are making plans to leave the U.S. after the election
Attorneys and advisors to family offices and high-net-worth families said they're seeing record demand from clients looking for second passports or long-term residencies abroad.Business - CNBC - November 1 -
The U.S. has a new strategy for combating foreign election interference, but will it work?
Last week, a video popped up on social media falsely claiming to show someone ripping up ballots in Bucks County, Pennsylvania.Politics - NBC News - November 1 -
ISM factory index drops, marking 7th straight month below growth threshold
The malaise that has loomed over the manufacturing sector for the better part of the past two years seems like it will continue, according to one economist.Business - MarketWatch - November 1 -
U.S. job growth in October hampered by hurricanes and Boeing strike
The Labor Department has released October's jobs report with employment growth slowed during the month due to Hurricanes Milton and Helene along with the Boeing strike. CBS News MoneyWatch ...Top stories - CBS News - November 1 -
How U.S. Women’s Soccer Has Struck a Balance Between Celebration and Evaluation
It’s hard to disagree with the approach from Coach Emma Hayes after a successful October window, a columnist for The Athletic writes.Sports - The New York Times - November 1 -
The U.S. election need not be scary. History shows this is the way to trade it, says Citi.
The S&P 500 looks well set for the rest of 2024, but there’s also a way to gain from short-term volatilityBusiness - MarketWatch - November 1 -
Russia sentences former long-time U.S. Consulate worker to prison
A Russian court found long-time U.S. Consulate employee Robert Shonov guilty of "gathering information" on the Ukraine war and sharing it with a foreign nation.World - CBS News - November 1 -
U.S. economy adds 12,000 jobs in October, unemployment rate stays at 4.1%
The U.S. economy added 12,000 jobs during October, significantly less than expected. The unemployment rate held steady at 4.1%. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb ...Top stories - NBC News - November 1 -
Why cryptocurrency owners could impact the U.S. presidential election
Emerging cryptocurrency industry aims to put its stamp on the U.S. election by pouring money into key political races.Top stories - CBS News - November 1 -
U.S. Factory Towns Laid Low by the ‘China Shock’ Are Benefiting From New Investments
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.Business - The New York Times - November 1 -
ASEAN continues to emerge as a winner of U.S.-China trade tensions, IMF says
Southeast Asia has continued to emerge as an economic winner of increasing geopolitical tensions between China and the United States, according to the IMF.Business - CNBC - November 1 -
U.S. Drugmakers Are Breaking Up With Their Chinese Supply-Chain Partners
U.S. drugmakers and biotechs have come to rely on Chinese partners. Now, some of them are looking for alternatives as geopolitical tensions rise.Business - The Wall Street Journal - November 1 -
North Korea boasts of new ICBM able to reach the U.S. mainland
North Korea bragged of its recently tested new intercontinental ballistic missile, calling it “the world’s strongest,” a claim viewed by experts as propaganda.Top stories - NBC News - November 1 -
Bud Light Owner's U.S. Sales Bounce Back After Boycott
After over a year of seeing its American sales hammered by a boycott, Anheuser-Busch InBev said its U.S. sales had bounced back, helping the Bud Light owner partly outweigh big drops internationally.Business - The Wall Street Journal - October 31 -
New U.S. economy data before next Fed interest rate decision
The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.Top stories - CBS News - October 31