10-year Treasury yield rises to 3.94%, back to Friday’s levels
Treasury yields were higher Wednesday as global markets reversed course from Monday’s equity sell-off.
Elon Musk’s support for Trump pushes a corporate customer away from Tesla
Rossmann announced Tuesday it will no longer buy Teslas for its fleet, effective immediately, citing CEO Elon Musk’s pro-Trump political activism.
Reddit reports better-than-expected results for second quarter as digital ad market improves
Reddit reported better-than-expected results in the second quarter, boosted by data-licensing revenue.
Markets are counting on the Fed to head off recession with sizable interest rate cuts
How Chair Jerome Powell and his cohorts react likely will go a long way in determining how investors negotiate a turbulent climate.
Why investors may want to wait before buying the dip: ‘Don’t rush to try to catch a falling knife’
Market observers have yet to sound the all clear on the sell-off, as they expect that stocks have a ways to go until they find a bottom.
Democrats passed over for Harris running mate rally around Tim Walz
Vice President Kamala Harris and Minnesota Gov. Tim Walz are set to face former President Donald Trump and Sen. JD Vance in November’s presidential election.
Microsoft fires back at Delta after massive outage, says airline declined ‘repeated’ offers for help
Microsoft said Delta turned down several offers for help during the flight disruptions following the outage.
Credit card debt hits record $1.14 trillion, New York Fed research shows
Credit card balances rose in the second quarter of 2024, the Federal Reserve Bank of New York found.
Investors believe the fears about the slowing economy are overblown and market is overreacting
Many expect the pullback could soon represent a buying opportunity.
Uber reports better-than-expected earnings and revenue for second quarter
Uber reported earnings and revenue that topped estimates for its second quarter.
