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Bond Report: U.S. 30-year bond yield tops 5% as Washington dysfunction rattles investors

Bond yields rose sharply early Wednesday, with benchmarks hitting fresh 16-year highs, amid concerns the Federal Reserve will keep interest rates higher for longer and buyers balked at political chaos in Washington.

: New England’s housing markets ‘heat up’ as home prices jump in August — and rose by over 9% in one state

Home prices rose in August, with New England states leading the pack, CoreLogic economist says.

Dow Jones Newswires: RBNZ keeps interest rates steady, says policy could be restrictive for some time

New Zealand's central bank kept interest rates unchanged ahead of a national election later this month where cost-of-living pressures and economic management are top concerns of voters.

Dow Jones Newswires: LifeWallet shares fall 20% after 1-for-25 reverse stock split announced

Shares of MSP Recovery, which does business as LifeWallet, sank late Tuesday after the company said it would enact a 1-for-25 reverse stock split.

Key Words: Kevin McCarthy won’t run for House speaker again, says he has no regrets

Hours after being ousted as speaker of the House, Rep. Kevin McCarthy said he was "at peace" with how it played out and that he "wouldn't change a thing."

Dow Jones Newswires: Teledyne Technologies to acquire Xena Networks

Industrial markets technology provider Teledyne Technologies will acquire Xena Networks, which provides high-speed terabit ethernet validation, assurance and production test solutions.

Earnings Results: Cal-Maine stock drops 15% as plunging egg prices cut into profit

Cal-Maine's stock fell after hours Monday after a 30% drop in egg prices cut deep in the egg producer's profitability.

: Ford says that its ‘strongest’ proposal for UAW has hit the negotiation table

Ford Motor Co. late Tuesday said it has a new labor proposal on the bargaining table, calling it its "seventh and strongest" offer and promising no job losses due to EV battery plants.

Market Extra: What McCarthy ouster means for markets as investors fret over congressional ‘dysfunction’

The removal of House Speaker Kevin McCarthy from his post amid Republican infighting isn't driving the selloff in stocks and bonds. But it won't help.

In One Chart: Utilities stocks ‘decimated’ by rising rates fall into uncommon trading territory, Bespoke chart shows

Utilities stocks have dropped into unusual territory, after being “decimated” by rising interest rates, according to Bespoke Investment Group.

Washington Watch: Kevin McCarthy ousted: Here’s who could replace him as House speaker

Fight for the next speaker is better to hammer out now than on the eve of the next possible shutdown, analyst says

: Kevin McCarthy ousted as House speaker, falling after historic challenge by Matt Gaetz

The U.S. House of Representatives approves a measure that removes Kevin McCarthy, a California Republican, from his position as the chamber's speaker.
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