U.S. Treasury yields were lower on Tuesday even after Federal Reserve Chair Jerome Powell said he is in no hurry to push for interest rate cuts as the impact of tariffs plays out. Traders also kept an eye on a fragile ceasefire between Iran and Israel. The 10-year Treasury yield was down 3.1 basis points at 4.291%,…
With the Federal Reserve just hours away from its latest decision on interest rates, President Donald Trump on Wednesday lambasted Chair Jerome Powell, calling him “stupid” while doubting the central bank would cut. In his latest in a series of attacks on Powell that go back years, Trump said the Fed’s key borrowing rate should…
Two graduate students research chemical products in a laboratory in Xiwangzhuang Town, Zaozhuang City, Shandong province of China, on Dec. 26, 2023. Nurphoto | Nurphoto | Getty Images BEIJING — For all the attention on U.S.-China competition in artificial intelligence, new studies point to China’s rapid rise in biotechnology, especially for drug and agricultural development….
Artistgndphotography | E+ | Getty Images Republic, a New York-based investment startup, is offering users exposure to SpaceX by issuing a “tokenized” representation of its shares. The company will begin selling the digital tokens this week and eventually plans to expand the offering to other private companies like artificial intelligence darlings OpenAI and Anthropic, as…
President Donald Trump addressed the nation Saturday evening, hours after the United States attacked Iran, striking three nuclear sites in Fordo, Natanz, and Esfahan. Earlier in the day, U.S. Air Force B-2 stealth bombers left Missouri heading toward the Pacific Ocean. The aircraft are capable of carrying the GBU-57 Massive Ordnance Penetrator (MOP), a 30,000-pound bomb known as the…
When American Masters approached Marlee Matlin about doing a documentary, Matlin had one name in mind to direct: Shoshanna Stern. Like Matlin, Stern is deaf. She also hadn’t directed before. But Matlin, who herself became the first deaf person in the Directors Guild of America just a few years ago, was certain she was up…
The complete 2025 NBA Draft order was set by the NBA Draft Lottery on May 12, 2025, in Chicago, IL. The Dallas Mavericks defied the odds (1.8% chance) and landed the No. 1 pick. But in recent days, the order has been shuffled by a flurry of trades, including players like Kevin Durant, Desmond Bane,…
Higher mortgage rates and uncertainty in the broader economy continue to weigh on consumers — and consequently on the nation’s homebuilders. Builder sentiment in June dropped 2 points from May to 32 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Anything below 50 is considered negative. The index stood at…
The U.S. stock market ripped higher over the past month despite mounting uncertainty around President Donald Trump’s “reciprocal” tariffs and escalating conflict in the Middle East. Since our last Monthly Meeting on May 21 through Tuesday’s close, the S & P 500 jumped 4.2%, while the Nasdaq rose 5.5%. The Dow Jones Industrial Average climbed…
DANA POINT, CALIFORNIA – SEPTEMBER 27: Whitney Wolfe Herd, Founder & CEO, Bumble speaks onstage during Vox Media’s 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. (Photo by Jerod Harris/Getty Images for Vox Media) Jerod Harris | Getty Images Entertainment | Getty Images Bumble shares rallied more…
