NEW YORK (AP) — A swift jump in Treasury yields rattled Wall Street on Wednesday, pulling stocks broadly lower at the start of another month in what’s been a turbulent year for the market. The S&P 500 ended 0.7% lower after an early morning gain quickly gave way to choppy trading. The Dow Jones Industrial…
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The much-anticipated launch of Terra’s new blockchain took place today, as planned. The network has produced its first block, and additional services are expected to go live soon. Terra’s team took it to Twitter today to reveal that the new chain has officially gone live and is already producing blocks. Block 1 of the brand…
Shanghai goes three days with no new community infectionsOnly a few signs of a gradual re-openingAmcham warns COVID controls hamper foreign investmentSHANGHAI/BEIJING, May 17 (Reuters) - Shanghai achieved on Tuesday the long-awaited milestone of three consecutive days with no new COVID-19 cases outside quarantine zones but most residents will have to put up with confinement…
Goldman Sachs emerged as one of the strongest advocates of a post-pandemic return to the office this year, but the fight for talent could be forcing the investment bank to reverse course and offer employees more time away from their desks instead.In an internal memo seen by the Financial Times, the investment bank said it…
(Bloomberg) --Most Read from BloombergMarcos Jr. Leads With 61% of Votes Counted: Philippines UpdateStocks Sink to 13-Month Low as U.S. Curve Steepens: Markets WrapDay Trader Army Loses All the Money It Made in Meme-Stock EraRussian Envoy to Poland Hit With Red Paint in War ProtestDictator’s Son Marcos Wins by Landslide in Philippine VoteBitcoin dropped below…
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By Daniel Thomas & Natalie ShermanBusiness reporter, BBC NewsImage source, NetflixImage caption, A new series of Stranger Things will air in MayNetflix has hinted it will crack down on households sharing passwords as it seeks to sign up new members following a sharp fall in subscribers. The number of people signed up to the streaming…
U.S. stocks rose Tuesday, and so did U.S. government bond yields, as investors parsed the latest round of earnings reports for insights into how businesses are weathering rampant inflation. The S&P 500 advanced 0.8%, while the Dow Jones Industrial Average gained 0.9%, or about 313 points. The tech-heavy Nasdaq Composite added 0.8%.
Brian A. Benjamin, New York’s No. 2 official to Gov. Kathy Hochul, was charged with bribery, fraud and falsification of records while a state senator.Lt. Gov. Brian Benjamin takes a question during a news conference last Thursday.Credit...Cindy Schultz for The New York TimesApril 12, 2022Updated 10:52 a.m. ETLt. Gov. Brian A. Benjamin of New York,…
Stocks fell Thursday to close out a turbulent quarter in the red as investors weighed a decision by President Joe Biden to carry out the largest oil release ever from the country's strategic petroleum reserve in an effort to mitigate spiking energy prices.[Click here to read what's moving markets heading into Friday, April 1]The S&P…