[ad_1] It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark 10-year Treasury note yield will hit 5.5% this year — its highest level since May 2001. A major part of his thesis is built... Continue reading
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Daily Archives: 3 January 2024
[ad_1] Check out the companies making headlines in midday trading. Xerox — Xerox shares sank more than 12% after the digital printing company announced plans to cut 15% of its workforce in the first quarter as part of a broader restructuring effort. SoFi Technologies —... Continue reading
[ad_1] Georgijevic | E+ | Getty Images Stocks’ runup likely won’t persist Falling interest rates are generally a boon for the stock market, advisors said. Among the reasons: Businesses can borrow money more cheaply and are more likely to make big investments in their companies... Continue reading
[ad_1] Check out the stocks making the biggest moves in premarket trading. Bloomin’ Brands — Shares of the restaurant company rose more than 5% after the Outback Steakhouse parent announced it added two new members to its board. The change comes as part of an... Continue reading
[…] Tesla now has a clear China EV competitor. What’s next for BYD? […]