Treasury yields end at highest in a week after May’s job gains reduce rate-cut expectations
Investors aggressively sold off U.S. government debt on Friday, sending Treasury yields soaring for the first time in seven trading sessions, after a stronger-than-expected jobs report for May.
United Airlines launches personalized ads on seatback screens
Passengers on a Boeing 737 Max-8 plane during a United Airlines flight departing from Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Wednesday, March 13, 2024. Bing Guan | Bloomberg | Getty Images Now playing on United Airlines‘ seatback screens: personalized ads. The carrier on Friday said it launched a media platform […]
Gold suffers a ’double whammy’: strong U.S. jobs growth and pause in China buying
Gold futures were on track to post their lowest finish in about a month on Friday, pressured after stronger -than-expected monthly U.S. jobs data and a report that China’s central bank paused its year-and-a-half long streak of bullion purchases last month.
U.S. millionaire population grew by 600,000 last year
B2m Productions | Digitalvision | Getty Images The U.S. far outpaced the rest of the world in minting millionaires last year, adding 600,000 new millionaires and powering record fortunes at the top, according to a new study. America’s millionaire population grew 7.3% in 2023 to 7.5 million people, according to a report from Capgemini. Their […]
Walmart rolls out new job training program, bonuses for associates
Walmart on Wednesday said it will offer new training programs and certifications to fill high-demand roles across its business, such as HVAC technicians, opticians and software engineers. The big-box retailer said it will also offer another reason for hourly store workers to stick around: a bonus of up to $1,000 per year. Walmart, the nation’s […]
Moody’s puts several U.S. regional banks on downgrade review over commercial real-estate concerns
Old National Bancorp. and several other U.S. regional banks come under the microscope at Moody’s, which flags CRE exposure.
PGA, Saudi-backed LIV active discussions merger
The PGA Tour and the Saudi-backed LIV Golf have been in active discussions, according to a person familiar with the matter, one year after the two entities stunned the world and announced on CNBC that they had agreed in principle to join forces. The talks between the tour and the Saudi Public Investment Fund, which […]
‘He married a manipulative, unlikeable woman’: My father-in-law, 85, named his wife as sole beneficiary to his $230,000 annuities. Can we undo this?
“This woman has isolated my father-in-law and we must go through her to communicate with him via speaker phone.”
Boeing Starliner delivers first NASA crew to ISS
Boeing’s Starliner capsule is seen while approaching the International Space Station with two NASA astronauts on board on June 6, 2024. NASA TV Fixing the propulsion problem NASA flight controllers called off a previously scheduled approach to resolve issues with Starliner’s propulsion system. Starliner has 28 jets, known as its reaction control system, or RCS, […]
Lower profit forecast, less snowfall send Vail Resorts stock on a downhill run
Shares of Vail Resorts Inc. dropped in extended trading Thursday after the ski-resort operator cut its full-year profit outlook and offered up figures that pointed to slowing demand for the key upcoming ski season.
