Live updates on markets and the top finance, economics and business stories. Plus the latest on oil prices, the Dow, S&P 500 and Nasdaq.
The yield on the 30-year Treasury this week hit its highest level since 2007, a rise that could put upward pressure on borrowing costs.
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After long-term Treasury yields on Tuesday rose to their highest point since 2007, the treasury secretary doubled a buyback of government debt.
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The action by Treasury Secretary Scott Bessent comes amid a selloff of longer-term U.S. government debt.
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Clips of what appears to be Grand Theft Auto VI have hit the internet, possibly spoiling aspects of the game ahead of Rockstar Games’ deep dive. Some clips have already been pulled.
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The United Arab Emirates suspended all trade with Iran after accusing Tehran of firing ballistic missiles toward maritime traffic in the region.
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U.S. stocks jumped on Wednesday as Treasury yields fell after the Treasury Department announced an increased buyback operation for longer-term debt.
Target has moved quickly to rewrite its merchandising wrongs to improve traffic to its stores and online.
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Treasury yields hit multi-decade highs as the U.S. national debt nears $40 trillion, with the federal budget deficit projected at $2.1 trillion this year.
A deal to avoid 50 percent duties on some Canadian goods is on Trump's desk, as Ottawa and Washington work towards a broader trade agreement.
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The S&P 500 fell on Tuesday, pressured by a run in sovereign bond yields to multidecade highs amid concerns of persistent inflation and elevated oil prices.
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Home Depot posted higher second-quarter sales as smaller home projects supported demand despite elevated mortgage rates and costly housing.