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Rising Treasury yields have rattled the stock market. Relief may be on the way.

Buyers returned to the U.S. government-debt market on Thursday, following a two-day selloff in the longest-dated maturities that sent yields to one-month highs. It’s the type of buying interest that could keep Treasury yields in check from here.

Faraday Future’s stock rallies after registering biggest-ever decline

Faraday Future shares were weighed down by the electric-vehicle startup’s full-year results this week.

Elon Musk denies talking crypto with Trump. But here’s what he is ‘in favor of’ with digital assets.

Trump reportedly could tap Musk for an advisory role if the former president is re-elected.

New U.S. bird-flu case is first with respiratory symptoms, CDC says

A new human bird-flu case identified in a Michigan dairy worker is the first in the U.S. to involve acute respiratory symptoms, the Centers for Disease Control and Prevention said Thursday.

Gen Z says they’re on track for retirement — but they might be overconfident 

The youngest workers believe they’ll be able to retire earlier than previous generations. But earlier generations have run into problems — and so will they.

Hormel misses on sales as ‘whole-bird turkeys’ see significant weakness

Hormel Foods, the parent of food brands including Skippy, Spam, Dinty Moore and La Victoria, beat fiscal second-quarter earnings expectations and raised its full-year outlook as profit margins improved, but fell short on sales.

Bulletproof to bust: Top AAA bonds tarnished by a Blackstone office deal’s blow up

Investors in a Blackstone-financed property recently took a loss on AAA bonds, the first of this cycle

‘Our view is a soft landing is still the base case’: Goldman Sachs exec

Goldman Sachs Group executive John Waldron said on Thursday that Wall Street dealmaking continues to pick up steam as clients focus on investments in artificial intelligence, even as they worry about inflation and geopolitical flare-ups.

The S&P 500’s two biggest gainers offer bullish signs for tech spending

HP and Best Buy are seeing their stocks shoot higher as PC trends stabilize.

PCE inflation report could show U.S. prices rising at slowest rate of the year

Is some good news on inflation heading our way? Wall Street is banking on a slowdown in prices in a key inflation report for April on Friday that could help stem a recent downdraft in the stock market.

Fed’s Williams expects inflation to cool in the second half of the year

Williams said that recent hot monthly readings are a pause, not a break, in the cooling-inflation trend.

Mortgage rates post biggest jump in over a month as the market dials back expectations of Fed rate cut, Freddie Mac says

The 30-year mortgage rate is averaging 7.03%, Freddie Mac said in its latest weekly survey on Thursday.
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