The long-term Treasury bond yield touches a 24-year high, while the New York Fed’s president says there was ‘no need for urgency’ in raising interest rates.
US and world stocks slipped for a second day on Tuesday, pressured by elevated bond yields, and investor jitters around US inflation figures and potential quarter-end volatility on Wednesday. Bearish sentiment was tempered by falling oil prices.
Anthropic's IPO prospectus shows how much it depends on a small group of customers and tech giants, highlighting key risks for the AI developer as it asks investors to back its ambitious, capital-intensive plan that it says will transform the global economy.
Ford CEO Jim Farley said that the US must carefully weigh how and whether Chinese automakers should enter the American market, and pointed to Europe as a cautionary tale.
Tesla has entered into credit agreements totaling $30 billion, including a $20 billion delayed draw term loan facility, according to a regulatory filing on Tuesday.
Fatima Ezzahra El Mansouri, a lawyer and politician from the centrist Authenticity and Modernity Party, is only the second woman to lead the government of a North African country.
The prospect of an attack on an air base used by U.S. forces prompted stepped-up protections across Europe, but confusion shrouds the case, in which the suspects were released on bail.
A police officer at a roadblock near R.A.F. Fairford air base, possibly the target of an attack plot, in Fairford, Gloucestershire, England, on Tuesday.
Stocks ended modestly lower after a worrying monthly survey of consumer confidence was offset by a Federal Reserve official cautioning against hasty rate hikes.
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