Us Expected to Hit Debt Ceiling Next Week Treasury Secretary Janet Yellen Tells Congress
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Bond giant Pimco favours gilts over US Treasuries amid inflationary pressure
Fund manager projects Fed will cut interest rates more slowly than other central banksFinancial Times - Business -
Janet Yellen warns China against clean energy dumping
US Treasury secretary tells Beijing its trade practices will distort markets and harm workersFinancial Times - Business - China -
What could spark the next stock-market selloff? Here’s what history tells us.
The S&P 500 has marched higher by nearly 30% over the past five months, prompting even bullish market strategists to entertain, or even welcome, the prospect of a “healthy” correction.MarketWatch - Business -
Jayden Daniels pro day: Inside LSU QB's historic improvement and why teams are confident he'll hit his ceiling
The Heisman Trophy winner is only continuing to get betterCBS Sports - Sports -
Why Treasury Yields Are Rising Despite Rate-Cut Expectations
The yield on the government’s 10-year note has climbed since the start of the year, propping up mortgage rates.The Wall Street Journal - World -
Treasury yields end higher to kick off holiday-shortened week
Rates on U.S. government debt jumped by the most in one week on Monday as traders braced for a busy holiday-shortened period.MarketWatch - Business -
Renting is now cheaper than owning in all of America’s 50 biggest metro areas
It’s more affordable to rent rather than buy in the top 50 metros in the U.S., according to a report by Realtor.com.MarketWatch - Business -
Flutter Entertainment posts 25% surge in sales as bet on FanDuel pays off
The gambling giant saw its losses widen due to two major impairment chargesMarketWatch - Business -
Here’s how high bitcoin has to climb to make sense in a 60/40 portfolio, according to Citi
Is it now time for 55% stocks, 40% bonds and 5% bitcoin in a portfolio?MarketWatch - Business -
India must avoid the mistakes of China and Big Tech to keep attracting investors
Recognizing its financial and political clout and adapting accordingly is the key to India’s continued growth.MarketWatch - Business - China -
Krispy Kreme soars 40% on deal with McDonald’s to sell its doughnuts nationwide
Krispy Kreme’s stock soared Tuesday, after the doughnut seller said its doughnuts will start becoming available at all of the fast-food giant’s U.S. restaurants.MarketWatch - Business -
Treasury yields hold steady as traders eye February inflation data at end of week
Yields on U.S. government debt finished little changed on Tuesday in cautious trading, as investors looked ahead to February’s PCE inflation data at the end of the week.MarketWatch - Business -
Treasury yields end at 2-week lows ahead of Friday’s inflation data
Yields on U.S. government debt finished slightly lower on Wednesday, with traders wary of taking bold positions ahead of Friday’s PCE inflation data.MarketWatch - Business -
Stellar Blade Is Getting A Demo This Week
Stellar Blade developer Shift Up has announced an official demo for its upcoming action game on PS5 will be available starting March 29 at 7 AM PT / 10 AM ET. This playable portion of the game takes place at the start of Stellar Blade and includes ...GameSpot - Tech -
Labour donor Dale Vince ordered to inform wife of future party funding
Ecotricity founder was told by High Court to provide notice of donations in divorce proceedingsFinancial Times - Business -
A Lloyd’s of London revival will require more nimble regulation
There is still a fragility to the recent success of the world’s oldest insurance marketFinancial Times - Business -
An interesting disconnect in US rate-cut expectations
Economists and the Fed think similar things on what will happen to the US economy. So why is there a big gap in their expectations for interest rates?Financial Times - World -
Children of the flood: what can lands lost to rising waters tell us?
From Atlantis to Noah, humans have always been fascinated by stories of sunken lands. But what do modern losses, such as Pett Level in Sussex and Isle de Jean Charles in Louisiana, say about our climate-change predicament?. When writer Gareth E ...The Guardian - World -
Kaine: Russia, Iran wouldn't tell US if they knew of impending terrorist attack
Sen. Tim Kaine (D-Va.) said Sunday that the difference between democratic and authoritarian regimes is that Russia and Iran would not tell the United States if there was going to be a terrorist attack in the U.S. Host Shannon Bream asked Kaine on ...The Hill - Politics - Iran -
Xi tells US CEOs China’s growth prospects remain ‘bright’
Beijing seeks to revive investor confidence as concerns mount about oversupply and potential dumpingFinancial Times - Business - China -
What Birds’ Dreams Can Tell Us About Our Own
What new research on the avian brain and REM sleep in birds might reveal about our own dream lives.The New York Times - Science -
Should you use a personal loan to pay off credit card debt?
Want to pay off high-interest credit card debt with a personal loan? Find out if that plan makes sense here.CBS News - Top stories -
The Morning After: The Rabbit R1 starts shipping next week
Yahoo News - World -
GE Vernova, Solventum to join S&P 500 index next week
Newly minted GE Vernova and Solventum Corp., both soon to be officially spun off from two industrial giants, are hitting it big early: They are joining the S&P 500 index next week.MarketWatch - Business -
Ukraine aid in limbo as Congress begins two-week recess
Speaker Mike Johnson is expected to turn the House's attention to addressing supplemental funding for U.S. allies, including Ukraine, when the chamber returns. But the path forward for the speaker is treacherous.CBS News - Politics - Ukraine -
BlackRock’s Larry Fink is worried about ‘snowballing’ U.S. debt. Here’s how soon it could hit a record.
In his annual letter to BlackRock investors, the chairman and chief executive of the investment-management company said: “More leaders should pay attention to America’s snowballing debt.”MarketWatch - Business -
Putin expected to use deadly Moscow attack to Russia's advantage, whoever's to blame
Russian officials and pro-Kremlin hawks blame Kyiv for the attack at the Crocus City Hall venue on Friday, despite Islamic State claiming responsibility.CNBC - Business - Russia -
Putin says radical Islamists carried out Moscow concert hall attack but doubles down on blaming Ukraine – live
Russian president says Moscow wants to know ‘who benefits’ from Islamic State attack that killed more than 130 people. Dmitry Medvedev, Russia’s former president and prime minister, discussed the suspects charged over the terrorist attack on the ...The Guardian - World - Ukraine -
FirstFT: Global M&A drought ends as blockbuster deals double in first quarter
Also in today’s newsletter, Sam Bankman-Fried sentencing and the broken market for medicinesFinancial Times - World -
Baltimore bridge collapse victim, father of 3, was "fighting for us always," wife tells WJZ
Four construction workers are still missing after a cargo ship crashed into the Francis Scott Key Bridge Tuesday morning.CBS News - Top stories -
FirstFT: Larry Fink warns of looming ‘retirement crisis’
Also in today’s newsletter, latest on Baltimore bridge collapse, and Donald Trump’s inner circleFinancial Times - World -
US faces Liz Truss-style market shock as debt soars, warns watchdog
Fiscal burden on ‘unprecedented’ path, says independent Congressional Budget Office headFinancial Times - Business - United Kingdom -
Budget watchdog warns US could suffer market shock over national debt
Congressional Budget Office (CBO) Director Phillip Swagel warned the United States could suffer a similar market shock as seen in the United Kingdom during former Prime Minister Liz Truss’s brief stint leading Britain, citing the nation's ...The Hill - Politics -
South Korea will take final steps to suspend licenses of striking junior doctors starting next week
South Korea’s government says it will take final steps to suspend the licenses of striking junior doctors next weekABC News - Health - South Korea -
Six presumed dead after ship collides with Baltimore bridge
US Coast Guard says six people are presumed dead and search and rescue efforts have been called off.BBC News - Top stories -
Trump aims to outraise Biden-Obama event with $33mn fundraiser
US president’s team says rival star-studded New York gala on Thursday will pull in $25mnFinancial Times - Business - Donald Trump