Summers Says 10-Year Yields Could Average 4.75% in Coming Decade
Former US Treasury Secretary Lawrence Summers cautioned that the recent run-up in 10-year yields may have further to
1970-01-01 08:00
US Mortgage Rate Climbs to 7.16%, Matching Highest Since 2001
The US 30-year mortgage rate rose to 7.16% last week, matching the highest since 2001 and crimping both
1970-01-01 08:00
BAE in Talks to Buy Ball’s $4 Billion Aerospace Unit
BAE Systems Plc is in talks about a possible acquisition of Ball Corp.’s aerospace division, people with knowledge
1970-01-01 08:00
Wall Street mixed, dollar dips ahead of Fed minutes
By Harry Robertson and Pete Schroeder LONDON/WASHINGTON (Reuters) -Wall Street opened in mixed territory Wednesday while the dollar slid slightly,
1970-01-01 08:00
Pinterest Directors Quit Nextdoor Board on DOJ Antitrust Concerns
Two directors stepped down from Nextdoor Holdings Inc. after the US Justice Department raised concerns that they were
1970-01-01 08:00
Tesla Price Cuts Continue Even as Interest Rate Pressure Relents
For months, Elon Musk has pinned much of the blame for Tesla Inc.’s price cuts on central banks.
1970-01-01 08:00
US Housing Starts Advanced in July on Single-Family Construction
New US home construction rose in July on strength in single-family projects amid limited supply in the resale
1970-01-01 08:00
Dollar Shortage Forces Pakistan Factories to Halt Production
Pakistan’s iron-clad grip on its dollar holdings may be keeping its currency stable, but it’s also hurting local
1970-01-01 08:00
Argentine Peso to Slide 70% by Next Year, BofA Says
The worst is yet to come for the Argentina peso, already the world’s weakest currency this year, according
1970-01-01 08:00
Tencent Revenue Disappoints in Warning for China Tech Sector
Tencent Holdings Ltd.’s revenue missed estimates, signaling an uneven recovery for the world’s biggest internet arena as it
1970-01-01 08:00
Pound rises after UK inflation data, yuan hits 9-month low
By Samuel Indyk and Rae Wee LONDON The pound was on track for its biggest one-day gain in
1970-01-01 08:00
Exclusive-H&M probes Myanmar factory abuses as pressure intensifies
By Helen Reid LONDON H&M is investigating 20 alleged instances of labour abuse at Myanmar garment factories that
1970-01-01 08:00