U.S. Treasury yields jump and stocks dip on rate, China concerns
By Pete Schroeder WASHINGTON (Reuters) -Longer-dated U.S. Treasury yields hit a 10-month high Thursday as Wall Street accelerated losses into…
Updated
US escalates Mexico corn trade spat with dispute panel request
By David Lawder WASHINGTON (Reuters) -The United States on Thursday escalated its objections to Mexico’s curbs on genetically modified corn…
US judge won’t block Florida law barring Chinese citizens from owning homes
By Daniel Wiessner (Reuters) – A U.S. judge in Florida on Thursday declined to block the state’s law barring citizens…
Dollar near two-month high, investors eye intervention-zone yen
By Hannah Lang WASHINGTON (Reuters) – The dollar index hovered near a two-month high on Thursday after Federal Reserve meeting…
Blue Shield of California looks to cut reliance on CVS, taps Amazon
By Bhanvi Satija and Patrick Wingrove (Reuters) -Blue Shield of California plans to stop using most of CVS Health’s pharmacy…
US 30-year fixed mortgage rate jumps to near 21-1/2-year high
By Safiyah Riddle (Reuters) – U.S. mortgage rates surged this week, with the popular 30-year fixed rate hitting the highest…
Goldman plans hiring spree to fix lapses after increased Fed scrutiny – Bloomberg
(Reuters) -A fresh bout of U.S. regulatory scrutiny is setting off a hiring spree at Goldman Sachs, Bloomberg News reported…
Elon Musk’s SpaceX turns profit in first quarter as revenue soars – WSJ
(Reuters) -Elon Musk-owned SpaceX’s surging revenue helped it turn a small profit in the first quarter of 2023 after two…
Oil rises as dollar eases, China seeks to soothe economic woes
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Thursday after falling for three straight sessions, as the dollar weakened…
Exclusive-H&M says it will ‘phase out’ sourcing from Myanmar
By Helen Reid LONDON (Reuters) -The world’s second-biggest fashion retailer, H&M, has decided to gradually stop sourcing from Myanmar, it…