U.S. News
U.S. government debt yields are surging at a bad time. Here’s what’s behind the move
Fixed income market watchers ascribe a run that began in June to a number of variables.
Apple overhauls Europe app store fees to resolve payments clash
The iPhone maker said the changes “resolve” disagreements with regulators stemming from the implementation of Europe’s Digital Markets Act.
Analysis: Bond market pressure is squeezing Main Street as Wall Street waits on Warsh
A sell-off in long-term Treasurys is raising borrowing costs, exposing how debt, AI spending and energy are turning the bond market into a political problem.
Data centers, crypto, and tax revisions take center stage in Tuesday primaries
Incumbent Republican Sen. Dan Sullivan of Alaska is facing a serious challenge from former Democratic Rep. Mary Peltola.
Nvidia’s AI moat is shifting from chips to capital
Nvidia still has dominant market share in AI chips, but with competition picking up steam, the company is taking greater advantage of another key asset.
Russia says its economy is strong. It just fired a top economist who warned otherwise
Andrei Klepach was reportedly fired from his role after presenting a report warning that Russia could not win a prolonged war of attrition with Ukraine.
Lakers governor Jeanie Buss says siblings cannot sell family’s stake to Bob Iger, Joshua Kushner
Jeanie Buss’s lawyer says she has not agreed to sell the team and that any vote suggesting the Buss family is selling “would be and is void.”
L3Harris ousts CEO Chris Kubasik over unspecified ‘conduct,’ stock drops 4%
Chris Kubasik was ousted as Lockheed Martin’s incoming CEO in 2012 after what that company called a “close personal relationship with a subordinate employee.”
Supreme Court again rejects Trump bid to overturn E. Jean Carroll verdict
President Trump was held civilly liable in the case by a New York federal jury for defaming and sexually abusing the writer E. Jean Carroll.
Meta faces ‘astronomical’ consequences as legal fight reaches critical moment in California
Meta faces a federal trial over child safety claims that could bring major financial penalties and changes to Facebook and Instagram.
Russia targets Danube port after one of Ukraine’s largest aerial attacks of the war
Russia struck port infrastructure in Ukraine’s Odesa region, damaging a Togo-flagged civilian vessel near Izmail after Kyiv launched a major drone attack on Moscow.
Ferrari Luce: Polarizing EV becomes a $40 million collector’s item
The auction of the Luce comes nearly three months after Ferrari unveiled its first fully electric car, which was priced at 550,000 euros (roughly $640,000).
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