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The Tell: Why the 10-year Treasury yield touching 3.85% could mark a peak for the rest of this year

The 10-year Treasury yield isn't likely to push far above 3.85% for the rest of this year unless three things happen, according to BCA strategists.

Earnings Results: FedEx stock sinks on profit forecast, as Wall Street looks for progress on cost cuts; CFO to retire

Shares of FedEx Corp. fell after hours on Tuesday after the package deliverer offered up a full-year profit forecast that fell short of expectations.

: Biden, AI experts discuss technology’s risks, opportunities at San Francisco summit

"Social media has already shown us the damage it can do" without proper safeguards, Biden said Tuesday. He said tech innovations over the next several years powered by AI will eclipse all that has been accomplished the past several decades.

The Ratings Game: Intel stock drops as foundry capacity buildout plans have one analyst predicting a company split

Intel underperformed peers Tuesday following announced plans of a capacity buildout ahead of a presentation to investors Wednesday.

Market Extra: China ETFs tumble after PBOC’s rate cut disappoints markets

China-related exchange-traded funds tumbled on Tuesday after China’s central bank cut benchmark lending rates but spurred broader market disappointment that Beijing’s monetary stimulus was not sufficient to support the nation’s slowing post-pandemic economic recovery. 

: Senators aim to claw back pay from failed banks’ CEOs, but deal with competing bills

There could be further progress Wednesday in the bipartisan push to take back pay from execs at failed banks, as a Senate panel is slated to consider one bill.

Personal Finance Daily: How this tech worker increased her salary from $72,000 to $186,000 in 5 years and the best affordable little cities to live in America

Tuesday's top personal finance stories.

: Most Ukrainian businesses are fully operational, says Kyiv-based American Chamber of Commerce

Chamber president calls for clear mechanisms for companies to claim compensation from Russia for damages caused by the invasion.

In One Chart: Stock-market investors ‘clearly overweight’ U.S. equities as ‘FOMO’ takes over bull-market rally

Stock-market investors are 'overweight' U.S. equities. Here's what that might mean for a bull-market rally by the S&P 500.

: U.S. Virgin Islands reveals ‘Project Jeep’ effort at JPMorgan to study Epstein ties

Emails between ex-JPM banker Jes Staley and Epstein and an internal 2019 probe that may have been ordered by CEO Jamie Dimon surfaced in latest court documents

In One Chart: Problem office loans are piling up in Chicago and Houston, but not yet in San Francisco

Chicago, Houston and Philadelphia are the seeing sharpest increases in problem office loans, even as many West Coast cities have slower rates of returning to the office, according to Barclays.

Market Extra: ‘Confused’ markets get another chance to hear Fed’s Powell ‘flesh things out’ on 2023 rate path

Financial markets will get another opportunity to absorb the prospect of further interest rate hikes this year when Federal Reserve Chairman Jerome Powell steps before Congressional lawmakers, starting on Wednesday.
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