end of government shutdown nears

end of government shutdown nears

U.S. Treasury yields were lower on Wednesday as investors welcomed progress on bringing an end to the government shutdown. At 6:00 a.m. ET, the 10-year Treasury yield was down over 2 basis points to 4.085%, while the 2-year note yield fell over 3 basis points to 3.556%. The 30-year bond yield was down 1 basis point to 4.688%. One basis…

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Since ChatGPT launched, job openings have plunged 30% while the stock market has surged 70%—but one economist says the true culprit isn't AI

Since ChatGPT launched, job openings have plunged 30% while the stock market has surged 70%—but one economist says the true culprit isn’t AI

A chart making the rounds on social media has sparked intense debate about the state of the American economy. Since November 2022, when ChatGPT launched, the S&P 500 has surged more than 70% while job openings have plummeted roughly 30%. The juxtaposition has earned the graphic a foreboding nickname: the “scariest chart in the world.”​…

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Stock market today: Live updates

investors weigh Fed’s latest rate cut

U.S. Treasury yields inched higher on Thursday as investors digested the Federal Reserve’s latest interest rate cuts and uncertainty regarding future monetary policy. At 6:22 a.m. ET, the benchmark 10-year Treasury yield was up less than 1 basis point to 4.066%. The 2-year Treasury note yield was also up less than a basis point to 3.59%. Meanwhile, the 30-year bond yield added…

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The good vibes are back on Wall Street

The good vibes are back on Wall Street

Stocks hit fresh records on Monday, marking a significant pickup in momentum after a bumpy stretch in which tariff fears and worries about loan losses at regional banks weighed on major indexes. The optimism isn’t limited to U.S. markets. Benchmarks in Japan, South Korea and Taiwan notched new records Monday, while the Shanghai composite closed…

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