Dow drops more than 400 points as Treasury yields spike on job openings surge
The Dow fell more than 400 points Tuesday morning, turning negative for the year, as US Treasury yields surged to their highest levels in over a decade.
2023-10-04 00:20
GM, Ford layoff 500 more workers, blaming strike
General Motors and Ford are laying off 500 additional workers between them, blaming the expansion of the strike announced by the United Auto Workers union at those companies on Friday.
2023-10-03 23:55
United Airlines to announce order for 110 Airbus, Boeing jets -sources
By Valerie Insinna WASHINGTON (Reuters) -United Airlines was set on Tuesday to announce an order for 50 widebody 787 Dreamliners
2023-10-03 23:54
Coffee is in danger. Starbucks is working on solutions
Climate change poses a big risk to coffee. So Starbucks is developing new varietals that will hold up better on a warming planet.
2023-10-03 23:25
Dollar sharply weakens against the yen after briefly rising above 150
NEW YORK/LONDON/TOKYO The U.S. dollar sharply weakened against the yen on Tuesday, just moments after briefly rising above
2023-10-03 23:23
Sam Bankman-Fried's trial has started. Here's what you need to know
The trial of Sam Bankman-Fried, a onetime crypto billionaire who stands accused of orchestrating a multibillion-dollar fraud, kicked off Tuesday in federal court in Manhattan.
2023-10-03 22:51
US job openings unexpectedly grew in August
The number of job openings at US employers unexpectedly surged in August, a testament to the continued strength of the labor market, according to new data released Tuesday by the Bureau of Labor Statistics.
2023-10-03 22:29
Birkenstock could be worth $10 billion
There's big money in trendy sandals.
2023-10-03 22:29
Japanese yen weakens past psychologically significant 150 per dollar level
NEWYORK/LONDON/TOKYO The yen weakened to 150 to the dollar on Tuesday, a level some analysts think could prompt
2023-10-03 22:29
Netflix plans to raise prices after actors strike ends - WSJ
Netflix is planning to raise the price of its ad-free service after the on-going Hollywood actors strike ends,
2023-10-03 22:23
Wall St falls at open as Treasury yields surge; jobs data in focus
Wall Street's main indexes opened lower on Tuesday as prospects of an extended restrictive monetary policy pushed Treasury
2023-10-03 21:58
Why a rout in government bonds is worrying
By Yoruk Bahceli, Karin Strohecker and Dhara Ranasinghe LONDON The world's biggest bond markets are in the throes
2023-10-03 21:58