Breaking News: Economy
10-year Treasury yield slips as U.S.-China trade talks enter second day
The 10-year yield slipped on Tuesday as U.S. and Chinese officials continued trade negotiations in London for a second day. The 10-year Treasury yield was down by 1.2 basis points at 4.472%. The 2-year yield added more than one basis point to 4.016%. The 30-year yield was lower by 2.3 basis points to 4.931%. One basis point […]
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World Bank sharply cuts global growth outlook on trade turbulence
Cargo shipping containers are loaded with cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg, northern Germany, on June 3, 2025. Fabian Bimmer | Afp | Getty Images The World Bank sharply cut its global economic growth projections Tuesday, citing disruption from trade uncertainty in particular. It now expects the […]
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JPM recommends selling Tesla. Here’s a breakdown of the call
CNBC’s Phil LeBeau joins ‘Money Movers’ to discuss Boeing’s May orders and JPM recommending to sell Tesla. Source
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Stocks making the biggest moves premarket: J.M. Smucker, Taiwan Semiconductor, Tesla and more
Check out the companies making headlines before the bell. Insmed – Shares surged more than 26%. The global biopharmaceutical company announced positive results Tuesday from a Phase 2b study of treprostinil palmitil inhalation powder, a once-daily treatment for pulmonary arterial hypertension. J.M. Smucker – The food company’s stock pulled back about 8% after its fourth-quarter […]
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CEO recession expectations decline from April scare, survey says
Alexander Spatari | Moment | Getty Images Business leaders are walking back recessionary expectations for the U.S. that initially spiked in the aftermath of President Donald Trump’s tariff announcement, according to data released Monday. Less than 30% of CEOs forecast either a mild or severe recession over the next six months, per Chief Executive Group’s […]
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Stocks making the biggest moves premarket: Warner Bros. Discovery, Tesla, Robinhood, IonQ and more
Check out the companies making headlines before the bell. Warner Bros. Discovery – Shares jumped nearly 9% after Warner said it will split into two publicly traded companies by next year. One company will host WBD’s streaming services and movie properties, while the other will include its cable networks such as CNN and TNT Sports. […]
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Job market is ‘trash’ right now, career coach says — here’s why
Key Points It’s a tough market for job seekers, especially recent graduates, experts said. Employers are hiring at the slowest pace in more than a decade, even as unemployment and layoffs are relatively low. Don’t underestimate the power of building personal connections and networking while hunting for a job, one expert said. Source
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China and U.S. trade officials to hold talks in London
TangMan Photography | Getty Images U.S. President Donald Trump’s top trade officials are meeting their Chinese counterparts in London on Monday for talks aimed at resolving an ongoing trade dispute between the world’s two largest economies. U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer are representing the U.S. China’s […]
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Speaker Johnson hopes Musk and Trump can ‘reconcile’ their differences after public fallout
US Speaker of the House Mike Johnson, Republican from Louisiana, speaks during a news conference after a House Republican conference meeting on Capitol Hill in Washington, DC on June 4, 2025. Saul Loeb | Afp | Getty Images House Speaker Mike Johnson said Sunday that he hopes President Donald Trump and Elon Musk can “reconcile” […]
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Will Disney and Universal’s massive theme park investments pay off?
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Universal Orlando Resort opened Epic Universe in May, its biggest theme park investment to date. The new park cost Comcast a reported $7 billion to build, and doubles Universal Orlando’s footprint in Central Florida. Across town, Walt Disney World is also undertaking […]
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