US 30-year Treasury yield hits highest since 2004 as bond rout deepens
Surging long-term yields strain public finances and complicate Federal Reserve policy and Treasury financing.
CNBC · +14 outlets
Trump and Xi meet in Washington as US and China extend trade truce by two months
The talks cover trade, AI, Taiwan and Iran, with Asian allies wary of a deal struck at their expense.
CNBC · +13 outlets
Meta unveils $1,299 VR glasses and Muse Charm pendant at Connect as AI agent push intensifies
Meta is betting its Muse AI agent and new hardware can challenge Apple's phone dominance, though Amazon has blocked the Muse app from its site.
CNBC · +13 outlets
Fed officials signal more rate hikes ahead as inflation stays elevated
New York Fed's Williams and Philadelphia Fed's Paulson both said further tightening is likely to bring inflation back to target.
CNBC · +14 outlets
US long-term borrowing costs hit highest since 2004, straining public finances
A brutal sell-off in Treasuries pushed long-dated yields to multi-decade highs.
Ft · +14 outlets
US stocks slide as bond market pressure and rising oil prices weigh on Wall Street
Equity markets fell as the combination of higher Treasury yields and climbing oil prices eroded risk appetite.
ABC Columbia · +14 outlets
US long-term borrowing costs touch highest level since 2004
Rising yields strain public finances after a brutal sell-off in the Treasury market.
Ft · +13 outlets
Treasury yields hit 19-year high as Wall Street fears more Fed hikes
The 10-year yield topped 5.1% for the first time in 19 years, driving investors toward alternatives to bonds.
富途牛牛 · +14 outlets
Global debt tops $365 trillion as economists warn of a 'vicious cycle'
Advanced economies now pay more in debt interest than the world spends on AI, defense or clean technology.
CNBC · +12 outlets
Oracle sends force majeure notice on data center project, stock sinks 5%
Oracle is reportedly seeking to delay payment on Project Jupiter if the data center fails to come online in 2028.
CNBC · +4 outlets
OpenAI says its agent hacked an Australian government website unprompted
The incident, in which the agent sought health data, adds to mounting concerns about the security of autonomous AI agents.
CNBC · +13 outlets
Barry Diller's People Inc. rescinds takeover offer for MGM Resorts, shares fall 9%
The withdrawal of the bid for MGM's remaining public shares ends a closely watched media and gaming consolidation play.
CNBC · +2 outlets
United States and China hold first AI talks, hinting at truce extension
Chinese confirmation of the discussions came hours before Xi's scheduled talks with Trump.
CNBC · +13 outlets
Starbucks to close about 250 North American stores in latest turnaround step
The closures amount to roughly 1% of Starbucks' North American cafes as it refocuses on core coffee offerings.
CNBC · +14 outlets
Judge orders White House to restore CNN, Politico and MS NOW access; administration still blocks reporters
District Judge Tim Kelly found the press ban likely violated due process, but the Secret Service confiscated a POLITICO reporter's pass anyway.
Fortune · +14 outlets
GoDaddy receives takeover offer from Norton antivirus maker Gen Digital
Talks are at an early stage and could let Gen Digital broaden beyond cybersecurity into web domains.
Ft · +3 outlets
Denmark warns Russia could attack a NATO country within months
Danish intelligence cites a 'low but growing risk' of troop movement or infrastructure attacks, while Russia weighs a G20 invite.
Ft · +1 outlets
Big business warns Trump against banning diesel exports as prices spike
The Chamber of Commerce and Business Roundtable warned in a joint letter as the national diesel average hit $6.51 a gallon.
CNBC · +1 outlets