
Global bond sell-off deepens as oil holds above $100 - Financial Times
Rising yields strain public finances as expectations of Fed rate rise in October jump to about 70%

Rising yields strain public finances as expectations of Fed rate rise in October jump to about 70%

The major averages tumbled in Wednesday's regular trading as a spike in Treasury yields raised the specter of additional rate hikes from the Federal Reserve.
President Donald Trump said Tuesday that he’s calling for a ban on diesel exports, and his administration confirmed they are “examining” the issue.

Anthropic CEO Dario Amodei predicts AI could help cure most diseases in five to 10 years after Claude discovers a potential new gene editing mechanism.
McDonald’s said Wednesday it will spend $8.5 billion over the next decade to modernize its restaurants globally. The Chicago burger chain also said it plans to introduce grilled chicken sandwiches and wraps and experiment with products like egg bites and bowl…

Meta Platforms Inc. unveiled a palm-sized, dedicated gadget for using Muse, the company’s popular new artificial intelligence assistant, pushing deeper into the AI devices market with a surprise announcement.

Meta says it will profit from small fees on Muse transactions.

An FDA panel discussed the company's blood screening test for cancer.

Bob Chapek, fired as Disney CEO in 2022, lays the blame for his ouster entirely on Bob Iger in a new memoir, according to the New York Times