Inflation picked up last month as the cost of groceries, gas, and used cars rose, reinforcing the Federal Reserve’s cautious stance on interest rate cuts. The Consumer Price Index (CPI) increased by...
Wall Street has been under pressure lately due to losses in the tech sector. A sharp rise in bond yields caused by the fading Fed rate cut hopes led to the market volatility. The 10-year Treasury yield...
Wall Street saw a bloodbath after the Fed’s rate-cut shift view. The S&P 500 dropped 2.9%, whereas the Dow Jones Industrial Average fell 2.6%. Both saw the biggest one-day percentage decline since Aug....
Long-term U.S. treasury yields have been on the uptrend lately. Benchmark U.S. Treasury yields were 4.26% on Nov. 5, up from 3.74% recorded on Oct.1. Billionaire investor Ray Dalio, founder of Bridgewater...
The annual inflation rate in the United States slowed for a sixth successive month to 2.4% in September 2024, the lowest since February 2021, from 2.5% in August. However, figures came above forecasts...
On Monday, U.S. stocks slumped as the 10-year Treasury yield surged past 4%, a level not seen since August. This came ahead of a week marked by important inflation data and the start of the earnings season....
Engine Capital LP today issued the below letter regarding its decision to nominate three highly qualified and independent candidates for election to the Board of Directors of Blucora, Inc. (NASDAQ: BCOR)...