Treasury yields are little changed after 10-year slips back below 5%
U.S. Treasury yields were steady on Tuesday after slipping back below 5%, though they remained near 16-year highs.
GM tops Q3 expectations but pulls full-year guidance due to mounting UAW strike costs
GM has been navigating ongoing strikes by the United Auto Workers after the union and Detroit automakers failed to reach labor deals by a Sept. 14 deadline.
FTC plans to hire child psychologist to guide internet rules
Commissioner Alvaro Bedoya hopes it “can send a strong signal to other law enforcement agencies in the U.S.,” he told The Record.
Okta cybersecurity breach wipes out more than $2 billion in market cap
Okta shares continued their fall Monday after the company said client files had been accessed by an unknown hacker, the latest attempt involving the company.
Eight Republicans are vying to become the next House speaker. These are the candidates
Only two of the eight candidates, Majority Whip Tom Emmer and Rep. Austin Scott, voted to certify President Joe Biden’s victory in 2020 presidential election.
Intel stock drops on report Nvidia is working on an Arm-based PC chip
Intel currently has the majority of the market for PC chips, with AMD coming in second.
VCs Marc Andreessen, John Doerr among attendees at Schumer’s next AI forum
Academics and civil society leaders will also join the discussion about innovation and balancing a leading position in AI while ensuring its safety.
A ‘panic spike’ is possible late October into November, says Bank of America’s chart analyst
The technical strategist says a retest of the 4,200 level could mean stocks will soon bounce from their recent pullback.
Wharton School’s Jeremy Siegel says stick with stocks even with 10-year Treasury yield above 5%
The finance professor and author of “Stocks for the Long Run” says equities will give investors a better chance for growth as AI fuels productivity gains.
White House announces 31 tech hubs to focus on AI, clean energy and more
The hubs are located in 32 states and Puerto Rico and will be able to compete for $40 million to $75 million each in grants.
