Meta's $14 billion AI bet looks like it's finally paying off
Mark Zuckerberg's Scale AI deal changed the view of Meta being late to the AI game to outright leading it.
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Will Social Security go broke in 2032? Congressional Budget Office says benefits must be slashed.
CBO projects a deeper 26% cut to Social Security benefits by 2032. What to know about whether Social Security benefits will be available when you retire.
30-year bond yield now highest in 20+ years
The 30-year U.S. Treasury bond yield hit a two-decade high on Thursday, before falling later in the morning. The yield on the 30-year bond reached 5.45 percent during late morning trading, the highest intraday mark since 2004. That peak came after the note hit 5.446 percent and sank by roughly 2 basis points earlier Thursday.…
Starbucks is closing hundreds of locations
Starbucks is closing approximately 250 locations in the coming days as the coffee chain continues to prune its store count during its turnaround efforts.
Bond yields surge to fresh two-decade highs but oil prices buffeted by Iran headlines
Key U.S. Treasury yields surged to fresh two-decade highs Thursday, as the price of oil returned to $105 per barrel.
Saving more may be a little easier than you think. Sign up for CNN’s Savings Challenge to find out how
CNN is offering a weekly newsletter with savings tips, expert answers to your questions and challenges to help you get your savings on track.
Tunisia fuel strike highlights growing economic and political anger
A 48-hour strike in Tunis adds to mounting public frustration over worsening living conditions and basic services.
Global bond sell-off deepens, sending borrowing costs higher around the world
The US 30-year Treasury yield rose as high as 5.46% Thursday, its highest level since 2004, extending a recent sell-off that’s seen yields climb around the globe.
The S&P 500 has never been this concentrated in just 2 stocks
Apple and Nvidia have truly become the straws that stir the stock market's drink.
From 33 hours to 12, 14 to 6 and 8 to 30 minutes: How Vande Bharat trains, new expressways, bridges and tunnel projects are cutting travel time drastically across India
India’s infrastructure expansion has been continuing for several years now, with the fruits of the labour now visible in terms of less travel time between
China trade deal extended through January, Bessent says, as Xi arrives for Trump meeting
Treasury Secretary Scott Bessent said Wednesday that U.S. and Chinese officials agreed to extend their trade truce by two months, after Chinese President Xi Jinping arrived in the U.S. for a summit with President Trump. “We have agreed today that we will extend … the détente, economic détente between the two countries that was scheduled…
Stock market today: Dow, S&P 500, Nasdaq futures slide as bond sell-off troubles markets, China's Xi Jinping lands in US
Inflation fears and rising bond yields outweighed hopes for Middle East diplomacy and for the artificial intelligence boom to continue its run.
Diesel export ban backed by Trump could result in 'unintended consequences,' experts warn
Market watchers said a diesel export ban could have unintended consequences.
Here's what Wall Street thinks of Meta's new smartglass lineup and first Muse 'holdable'
The day after Meta Connect.
US 30-Year Yield Hits Highest Since 2004 as Bond Selloff Deepens
Yields on the US government’s longest-dated bonds climbed to the highest level in more than two decades, the latest milestone notched in an extended bond sel...
3-day bank strike from September 28: Centre government employees to get salary in advance on September 25; banks to open this Sunday, advisory issued to customers
Bank strike from September 28-30: In lieu of the upcoming three-day bank strike from September 28 to September 30, the Finance Ministry has asked all
She paid US tax but missed Form 67, triggering Rs 30 lakh India tax demand; ITAT Delhi orders relief, asks AO to verify Rs 23.48 lakh credit claim after 6-year fight
You are an Indian-origin US citizen and you pay your taxes in America.
As 5% Treasury yields lose shock value, investors start worrying about 6%
By Marc Jones and Naomi Rovnick LONDON, Sept 24 (Reuters) - For years, 5% on the benchmark US 10-year Treasury yield was viewed as the point at which global...