Bond market reacts to inflation expectations and supply of new bonds, not the Fed’s policy rates. By Wolf Richter for WOLF STREET. The 10-year Treasury yield closed at 4.14% on Friday, after having dropped briefly below 4.0% on September 11 (closing at 4.01%). On Wednesday last week, during an algo-driven moment, it also dropped to 4.0%, from 4.05%, then jumped right back to …
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U.S. student applications to colleges in Europe, U.K. and Asia jump amid rising costs and political turmoil
Genevieve Smith spent her summer compiling an application to study at a university in the Netherlands – a vague goal now solidified, she says, due to rising costs and political turmoil in the U.S. The California-based student spent two years studying at Santa Rosa Junior College after graduating high school, all the while plotting her next steps to complete her …
Read More »Social Security retirement age could jump as White House considers options
article FILE-In this photo illustration, a Social Security card sits alongside checks from the U.S. Treasury on October 14, 2021 in Washington, D.C. (Photo illustration by Kevin Dietsch/Getty Images) The Trump administration is reportedly considering many options to avoid Social Security insolvency, which includes raising the retirement age. When asked if he would consider raising the retirement age during a …
Read More »FedEx results top targets on cost-cutting, shares jump 5.5% after the bell
By Abhinav Parmar and Lisa Baertlein (Reuters) – FedEx reported quarterly profit and revenue above Wall Street estimates, as cost-cutting and strength in domestic deliveries helped offset weaker international volumes after the U.S. ended tariff exemptions on low-value, direct-to-consumer shipments. Shares of Memphis-based FedEx climbed 5.5% in extended trading on Thursday after surprising Wall Street. Analysts had expected profit per …
Read More »NFL Power Rankings Week 3: Ravens, Bills roll, Falcons make a jump after Sunday Night Football win – Atlanta Falcons
NFL Power Rankings Week 3: Ravens, Bills roll, Falcons make a jump after Sunday Night Football win Atlanta FalconsView Full Coverage on Google News Source link
Read More »Chinese Chip Stocks Jump After Probe Targeting US Semiconductors – Bloomberg.com
Chinese Chip Stocks Jump After Probe Targeting US Semiconductors Bloomberg.com China launches discrimination and dumping probes into US chips ahead of trade talks Reuters Chinese chipmakers to get a boost from anti-dumping probe into US suppliers South China Morning Post China launches anti-dumping probe into U.S. analog chips used in PCs and routers Tom’s Hardware China initiates comprehensive anti-discrimination investigation into US actions against …
Read More »Why Did Tesla Stock (TSLA) Jump 7% Higher Today?
The shares of electric vehicle (EV) producer Tesla (TSLA) traded over 7% higher to reach about $395 on Friday afternoon. The momentum appears to be from a series of positive news about the company this week, after its EV market share dropped to an eight-year low. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful …
Read More »Joby and Archer Stock Jump Because Trump Likes Flying Cars – Barron's
Joby and Archer Stock Jump Because Trump Likes Flying Cars Barron’s Trump Administration Seeks Pilot Projects for Air Taxis The New York Times Archer Plans For Air Taxi Trial Participation Under White House eVTOL Pilot Program With U.S. Airlines and Cities Archer Aviation Joby Plans to Jumpstart US Operations through White House eVTOL Integration Program Joby Aviation New FAA program will let eVTOL startups …
Read More »Coffee Prices Post Largest Annual Jump Since 1997
US retail coffee prices surged 21% year-over-year in August, the largest annual increase since October 1997, according to Thursday’s Consumer Price Index. The monthly 4% jump marks the steepest rise in 14 years. Trump administration tariffs on major coffee exporters — 50% on Brazil, 20% on Vietnam, and 10% on Colombia — are driving costs higher as 99% of US …
Read More »‘Time to Jump Back In,’ Says Gil Luria About Nvidia Stock
Nvidia (NASDAQ:NVDA) stock has been a massive beneficiary of the AI-driven bull market, standing out as one of the top beneficiaries. After all, the incredible demand for its AI chips lies behind its rise to the top of the market cap pile. However, while all of that has taken place, some have kept a cautious stance on the semi giant. …
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