Treasury yields wrecking-ball surge gets fresh fuel after blowout jobs report
By Davide Barbuscia NEW YORK The U.S. Treasury yield surge that has shaken markets in recent weeks may
2023-10-06 23:15
Sam Bankman-Fried's trial: five key moments from the first week
By Luc Cohen NEW YORK Sam Bankman-Fried's fraud trial kicked off this week, nearly a year after the
2023-10-06 22:57
Treasuries Tumble With US Payroll Growth Blowing Past Estimates
The bond market’s selloff accelerated after a surge in US hiring raised expectations that the Federal Reserve will
2023-10-06 22:55
ECB's Knot says Italy is paying price for higher deficit
STRBSKE PLESO, Slovakia Italy is paying the price for raising its deficit targets via higher borrowing costs, European
2023-10-06 22:55
Here's why the shockingly good jobs report is going to cost you
The US economy feels lousy for so many people. So you'd think some really, really, shockingly good news about the job market would give Americans' spirits a boost.
2023-10-06 22:50
SoftBank’s Arm Faces Wall Street Scrutiny After Biggest US IPO Since 2021
Major Wall Street bank analysts will begin weighing in on one of the most-watched initial public offerings in
2023-10-06 22:19
UAW strike decision day comes as bargaining heats up
By Joseph White DETROIT United Auto Workers President Shawn Fain is scheduled to say later on Friday whether
2023-10-06 21:53
Auto workers worry it takes less labor to build electric cars. Maybe not, some researchers say
A traditional car engine is a complex wonder of engineering, with pistons moving up and down, springs compressing and decompressing, spinning shafts, opening and closing valves and spinning gears meshing together. That's not to mention a transmission, connecting the engine to the wheels, that's a complex machine all its own. An electric motor, on the other hand, is really just some magnets wrapped in wires and it only needs a single speed transmission. That simplicity worries the United Auto Workers union.
2023-10-06 21:52
Pioneer shares jump on merger talks with Exxon
Shares of Pioneer Natural Resources rose 10% in premarket trading on Friday following reports that top U.S. oil
2023-10-06 21:17
Ten-year yields highest since 2007 on strong jobs report
By Karen Brettell NEW YORK Benchmark 10-year U.S. Treasury yields hit 16-year highs on Friday after data showed
2023-10-06 21:17
US job growth soared in September, adding 336,000 positions
The US job market surged in September, adding more jobs than expected for the second consecutive month, according to data released Friday by the Bureau of Labor Statistics.
2023-10-06 20:47
Further Fed rate hike comes into view as job growth accelerates
Traders on Friday raised bets that the Federal Reserve will hike interest rates before the end of the
2023-10-06 20:47