Wall Street Ends Mixed As Rising Bond Yields Weigh on Markets
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Tech Stocks and AI Propel Wall Street’s Record-Setting Streak
AI is fueling the rise of tech stocks to soaring levels.Inc. - Dec. 4 -
Hegseth strikes defiant tone as Trump weighs several options for replacing him
Several candidates under consideration to replace Trump's defense pick, including Florida Gov. Ron DeSantis and Iowa Sen. Joni Ernst.CBS News - Dec. 4 -
Streets of Little Italy plowed after city received additional equipment
Yahoo News - Dec. 4 -
Bond ‘vigilantes’ are targeting France — for different reasons than in the U.S. or U.K.
French Prime Minister Michel Barnier’s three-month-old government collapses after historic no-confidence vote.MarketWatch - Dec. 4 -
Treasury yields end at lowest since October after French government falls
U.S. government debt rallied on Wednesday, sending yields to their lowest closing levels in more than a month, after France’s parliament voted to oust the government of Prime Minister Michel ...MarketWatch - Dec. 4 -
Mozambique’s auction of ‘tuna bonds’ fleet fails to attract single bid
Political unrest in the southern African country wrecks attempts to sell rusting vesselsFinancial Times - Dec. 4 -
Stocks and bonds haven’t moved together like this in three decades – and that’s putting portfolios at risk, says State Street
A so-called balanced portfolio is anything but given the correlation of stock and bond returns as well as concentration in stocks.MarketWatch - Dec. 4 -
Rail fares to rise despite renationalisation plans
Three rail operators will be renationalised next year but fares are due to go up as outlined in the Budget.BBC News - Dec. 4 -
Arteta: Saka, Ødegaard can build Barça-like bond
Mikel Arteta has challenged Bukayo Saka and Martin Ødegaard to replicate the "unbelievable" chemistry of Xavi, Andres Iniesta and Sergio Busquets.ESPN - Dec. 4 -
Welsh tuition fees to rise by nearly £300 a year
The rise is in line with an increase in England and is the second time fees have gone up in a year.BBC News - Dec. 4 -
Wall Street expects the stock rally to keep ripping through New Year’s Eve. But watch these risks.
The S&P 500 just capped off its best month in a year, and is on track to rise nearly 30% in 2024.MarketWatch - Dec. 4 -
University of Michigan Weighs Changes to Its Diversity Program
The school is one of higher education’s biggest supporters of D.E.I. Now it’s considering a new approach as critics question the program’s success and impact on campus life.The New York Times - Dec. 4 -
French bond yields rise as traders await no-confidence vote on government
The price Paris must pay to sell its debt rose early Wednesday ahead of a no-confidence vote on the government expected WednesdayMarketWatch - Dec. 4 -
The ultimate guide to Seoul—from high-rises to hiking
Yahoo News - Dec. 4 -
The world’s best food markets
FT writers and editors choose their favourite places to stock up on great local produceFinancial Times - Dec. 4 -
Cooper Flagg Is on a Different Level. But the Competition Is Rising.
The Duke basketball phenom remains at the head of the class, but a flashy point guard from B.Y.U. is gaining attention.The New York Times - Dec. 4 -
Blue Ridge Beef recalls Puppy Mix over salmonella risk
Federal regulators say puppy food sold by Blue Ridge Beef in seven states tested positive for salmonella.CBS News - Dec. 3 -
How Treasury yields are driving whether U.S. stocks beat the rest of the world
Treasury bond yields are clearly influencing how U.S. stocks behave this year relative to equities in the rest of the world, DataTrek Research found.MarketWatch - Dec. 3 -
Treasury yields finish mostly higher ahead of no-confidence vote in France
Investors sold off long- and intermediate-term U.S. government debt on Tuesday, pushing corresponding yields to slightly higher closing levels ahead of a vote in France that could topple that ...MarketWatch - Dec. 3 -
Wall Street’s AI-powered rally risks ‘correction’, Vanguard warns
Asset manager’s chief economist Joe Davis says investors are overplaying the near-term potential of the technologyFinancial Times - Dec. 3 -
Boeing’s volatile bonds could outshine the defense sector next year
Boeing Co. was named a “best idea” by the U.S. investment-grade team at CreditSights on Tuesday, on expectations the troubled aerospace company can stabilize its ratings and provide a path to ...MarketWatch - Dec. 3 -
Grijalva ally weighs bid for top Natural Resources Democratic position
Politico - Dec. 3 -
Job openings rise and more workers quit in sign of improving U.S. labor market
U.S. job openings rose slightly in October and the number of workers quitting one job for another rose to the highest level in five months, suggesting the labor market has improved after a soft ...MarketWatch - Dec. 3 -
Watch: Protesters take to the streets outside parliament
South Korea’s opposition party members gather at South Korea's parliamentBBC News - Dec. 3 -
Is the Stock Market Bubble About to Pop?
Investor euphoria is soaring, but strategists remain hesitant to call it too frothy.Inc. - Dec. 3 -
China’s share of global electric car market rises to 76%
Market share increases after strong demand within country offsets risks from western tariffs on Chinese-made EVs. Business live – latest updates China’s share of the global electric vehicle ...The Guardian - Dec. 3 -
Opposites attract — and bond — for Kieran Culkin and Jesse Eisenberg
One tightly wound, the other loose and spontaneous. The setup for 'A Real Pain'? Yes, and the actors themselves.Los Angeles Times - Dec. 3 -
Supreme Court will weigh Tennessee's ban on gender-affirming care
The Supreme Court will hear arguments Wednesday in a lawsuit challenging Tennessee’s ban on gender-affirming medical care for minors, a landmark case whose outcome could have wide-reaching ...The Hill - Dec. 3 -
French bond yield spread to Germany near 12-year high a day ahead of vote on government
French sovereign bonds rose, though the yield spread with Germany still traded near the widest since the European debt crisisMarketWatch - Dec. 3 -
2024 NFL playoff picture, standings: Broncos control No. 7 seed in AFC; Eagles right in mix for NFC No. 1 seed
A look at the playoff standings after every Week 13 gameCBS Sports - Dec. 3 -
Honeywell announces a new collaboration with Bombardier. But it’ll weigh on this year’s profit.
Shares of Honeywell International Inc. fell in extended trading Monday after the conglomerate cut its outlook for the months ahead, citing the costs of investing in a new tech-focused collaboration ...MarketWatch - Dec. 3 -
Teacher's pay rise simply impossible, says minister
Paul Givan tells assembly members that the teaching unions have asked for a 13.5% rise in 2024-25.BBC News - Dec. 3 -
U.S. 10-year Treasury yield is little changed as investors look to key labor data this week
Investors awaited economic data, expected to be published through the week, including labor and manufacturing insights.CNBC - Dec. 2 -
Hunter Biden pardon gets mixed reactions on Capitol Hill
Lawmakers on Capitol Hill are reacting to news of Hunter Biden's pardon and President-elect Donald Trump's plan to make Kash Patel the FBI director. CBS News' Nikole Killion reports.CBS News - Dec. 2 -
2- through 10-year yields finish higher after new Trump tariff threat
Most U.S. government debt sold off on Monday, lifting 2- and 10-year yields off their October lows, after a new tariff threat from President-elect Donald Trump reignited worries over inflation.MarketWatch - Dec. 2 -
Jill Biden, Hunter Biden react to pardon news as Trump weighs in
First lady Jill Biden reacted to the news of President Biden pardoning his son. Hunter Biden also issued a statement on the development as the White House navigates the political backlash on the ...CBS News - Dec. 2 -
Here's what the rise of homeowners associations means for buyers
Homeowners associations, or HOAs, are becoming more common. The biggest complaint among current owners is the cost, report finds.CNBC - Dec. 2 -
Supreme Court weighs FDA ban on flavored vapes
Supreme Court justices grappled Monday with arguments about the Food and Drug Administration’s (FDA) regulation of flavored electronic cigarettes — and whether the agency acted unfairly in its ...The Hill - Dec. 2 -
Gold hit record highs this year as real yields climbed. Here’s why the rally is so unusual.
A gold rush by central banks could help lift prices as high as $2,900 by the end of 2025, Wells Fargo Investment Institute said.MarketWatch - Dec. 2 -
Is OpenAI Getting Into the Advertising Business? The Company Is Sending Mixed Messages
The AI giant’s CFO says it’s looking into ads, but adds that it has no active plans as yet.Inc. - Dec. 2