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Why a key borrowing rate is above 4% again
A key borrowing rate for American consumers has jumped to a level not seen in months. The yield on the benchmark 10-year US Treasury note breached 4% on Monday for the first time since August. The
What a 10-year Treasury yield above 4% says about the economy
Bond traders began the week by continuing to sell U.S. government debt as Friday’s outsized job gains for September continued to sink in and a brighter outlook pushed the benchmark 10-year yield
Samsung issues lengthy apology after disappointing results — read the full statement
Samsung Vice Chairman, Jun Young-hyun, who is the new head of the company's Device Solutions Division, issued a rare apology.
Social Security Changes Coming This Month: Here's Who's Impacted
Supplemental Security Income benefits children and adults living with disabilities who make under a certain amount of money each year.
Samsung posts worse-than-expected guidance for third quarter
South Korean tech giant Samsung Electronics on Tuesday reported that it expects worse-than-expected profit for the third quarter. In its guidance for the quarter, the world's top memory chip maker
How tipped workers get paid: Why some Flagstaff workers are voting no on Prop 138
Proposition 138, an Arizona ballot measure determining how tipped workers are paid will be decided by voters next month. Currently, employers can pay tipped employees $3 below the minimum wage. If
US Consumer Borrowing Growth Slows on Drop in Revolving Credit
US consumer borrowing increased in August at a slower pace than a month earlier, restrained by the largest drop in credit-card balances since March 2021.
CVS Health Corp.’s layoffs to hit CT for a second consecutive year. Nearly 100 local jobs to be cut.
CVS Health Corp. said Monday that it will cut nearly 100 corporate jobs at the Hartford-based headquarters of its Aetna health insurance business, plus another 323 remote jobs that are based in other
The Fed May Not Cut Rates In November. What to Do With Treasury Bonds Now.
Everything was expected to be straightforward after the Fed cut interest rates last month. In the past 30 years, the Fed has never initiated a rate-cutting cycle without implementing at least three
S&P 500’s financial stocks near ‘summer highs’ ahead of bank earnings this week
Stocks in the financial sector are faring better than the S&P 500 so far this month, as investors await quarterly earnings from big banks to start rolling out later this week.
Costco gold bars are selling out as prices for the precious metal break records: survey
Move over, gas and hot dogs. Costco shoppers are snatching up the store's 1-ounce gold bars despite the market's lofty price for the precious metal.
The Dow Has Predicted 22 of the Past 24 Presidential Elections. What It Says About Trump and Harris’ Odds of Winning.
The stock market’s performance bodes well for Harris. While the stats are tantalizing, history isn’t necessarily predictive.
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