Treasury yields climbed and the dollar hit a two-year high ahead of key inflation data that could further sap confidence in the pace of Federal Reserve interest-rate cuts. Stocks in Asia are set to open lower after a breakneck US rally ran out of steam. Source link
China started marketing dollar bonds in Saudi Arabia, marking the country’s first debt sale in the US currency since 2021. It’s offering the three-year and five-year securities with initial price guidance of about 25 basis points and 30 basis points over the respective US Treasury yields, according to people familiar with the matter. The Ministry…
Anthony Gharib, ESPNNov 12, 2024, 11:30 PM An unexpected face led Serie A club Genoa‘s third kit unveiling on Tuesday — WWE superstar The Undertaker. Editor’s Picks The Italian club teased the announcement with a video that included a shadow of The Undertaker’s traditional attire. Three hours later, the wrestling icon posed in the all-black…
(Reuters) -Wonder, a food-delivery startup led by former Walmart executive Marc Lore, is in advanced talks to buy Grubhub from Amsterdam-based Just Eat Takeaway.com, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The European company had acquired Grubhub in 2020 in an all-stock deal for $7.8 billion, creating the world’s…
Period apps and other FemTech tools are meant to empower users by providing valuable data and insights for managing reproductive and sexual health. In a post-Roe world with Project 2025 looming, it can be catastrophic if this intimate data falls into the wrong hands — even in states where abortion is legal. This is part…
A month ago, billionaire Elon Musk warned that if Donald Trump won a second presidential term and gave him a role in government, Americans would need to “reduce spending to live within our means” and suffer “temporary hardship” in order to address the national debt. On Tuesday, the Tesla CEO seemed closer to achieving that…
U.S. stocks pulled back on Tuesday, November 12, 2024, with all major indices closing in negative territory despite some notable bright spots in the technology sector. The Dow Jones Industrial Average led the decline, dropping 382.15 points, or 0.86%, to close at 43,910.98. The S&P 500 fell 17.36 points, or 0.29%, to end at 5,983.99,…
3 Classic Hong Kong-themed Fashion Shows to revisit old Housing Estates, Kai Tak Airport and Kowloon Walled City The First “Fashion Summit Lifestyle Pop-up Shop” staged in 5 exhibition areas to showcase transnational fashion creativity, the unveiling The Amazing Cut creations + 13 Italian and Hong Kong sustainable fashion collections 20 industry heavyweights gather at…
Text size In leaning on hawks Marco Rubio and Mike Waltz, Donald Trump is setting the stage for an existential battle against China — although, as always, the president-elect’s knack for dealmaking may intervene. Trump, who rhetorically at least has long broken with the historic bipartisan consensus in Washington for an assertive US global role,…
President-elect Donald Trump announced over the weekend that Thomas Homan, a senior immigration official in his first administration, will serve as “border czar,” overseeing border enforcement along with maritime and aviation security. Trump announced Homan’s new role in a post to his social media platform, Truth Social, though he shared few additional details about Homan’s…