Bank of America is worried about bond market volatility and says risk of a ‘crash’ is rising
Persistently high inflation and Fed rate hikes are raising the risk of a crash in the bond market, according to Bank of America.
Suspect, 15, taken into custody after 5 shot dead, 2 injured in Raleigh neighborhood, North Carolina officials say
The shooting left a 29-year-old off-duty officer dead, with the other victims’ ages ranging from 16 to 52.
Twitter seeking documents related to federal investigation of Elon Musk
Twitter said in a filing that Elon Musk is withholding documents related to a federal investigation tied to his proposed acquisition of the company.
U.S. extends Covid public health emergency even though Biden says pandemic is over
President Joe Biden recently claimed the “pandemic is over,” but the extension of the public health emergency indicates the U.S. is not out of the woods yet.
A shift in global energy demand could be coming this winter
Oil is back in focus as an inflation issue amid an unstable global energy sector fueled by a precarious position in Europe.
Mark Zuckerberg said he missed a giant shift in social networking
Meta CEO Mark Zuckerberg said that people are increasingly using their social networking “feeds” to discover content regardless if it was shared by friends.
Amazon executives overseeing Alexa, hardware group depart the company
The latest departures Amazon add to a recent exodus of top talent at the company
‘Black Friday is here’: Holiday sales are already on, with record-breaking deals
Holiday sales are starting earlier this year as retailers try to unload excess inventory and entice shoppers worried about inflation.
Apple, Goldman Sachs introduce interest-bearing savings accounts as rates rise
Apple continues to expand its consumer financial services offerings as it tries to broaden the ways iPhones can be used.
Biden unveils plan to pay farmers and cities for Colorado River water cuts
The Interior’s program will pay applicants a set amount of money per acre-foot of water that they don’t draw from Lake Mead, the country’s largest reservoir.
