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Treasury yields rise ahead of PPI report

Bond yields rose early Friday ahead of another inflation report that could influence Federal Reserve interest-rate expectations.

BP says lower refining margins will hit profits by up to $600 million

BP said it expects the global slump in refining margins will see it take a $400 million to $600 million hit to its profits after Shell made a similar warning this week

Nascar’s Jimmie Johnson ups the rent on his pricey, renovated Aspen chalet

The beautifully luxurious historic home includes a floating glass staircase and rents for $120,000 a month.

‘As his power of attorney, she had access to his emergency fund’: My mother-in-law stole thousands of dollars from my husband. What now?

“When she stopped working years ago she cared for her own father, who contributed to her home expenses.”

Sanofi in talks to sell consumer healthcare business that makes Dulcolax

Sanofi on Friday said it’s in talks with the private equity firm CD&R to sell just over half of its consumer healthcare business, in a deal that could yield billions of dollars for the French drugmaker.

AMD’s AI event lacked a wow factor, but here’s one reason investors should be excited

Advanced Micro Devices Inc.’s AI event Thursday lacked a major wow factor, as hopes for more new-customer news did not materialize. But there was some news that should excite investors.

Nike elevates another company veteran, as new CEO prepares to take reins

Nike Inc. on Thursday said it would bring in another three-decade company veteran to lead its business in North America, in an effort to rejuvenate demand as its new chief executive prepares to come aboard.

Beleaguered Stellantis ousts CFO, other top execs in bid to ‘redouble’ its focus

Troubled automaker Stellantis shook up its executive ranks Thursday in an effort to turn around its business, a week after slashing its annual guidance.

Here’s how bond ETFs fared as investors parsed new inflation, jobless-claims data

This week’s ETF Wrap shines the light on bond-fund performance as investors on Thursday weighed fresh inflation and jobless-claims data.

PepsiCo probably raised its prices too much, and now it’ll have to pay, analyst says

PepsiCo Inc. hiked its prices through the pandemic and the supply disruptions that followed, and now the beverage and snacks giant could have to reverse course with more discounts, TD Cowen analysts said Thursday in downgrading the company’s shares.

Trump’s ‘DJT’ stock resumes rally with less than a month until presidential election

Trump Media’s stock has become a sort of Wall Street proxy for Republican presidential nominee Donald Trump.

Trump floats new tax break for car loans, saying it’ll help buyers and auto industry

Republican presidential nominee Donald Trump on Thursday proposed making interest on car loans tax deductible, floating the plan as he gave a speech in the auto-making swing state of Michigan.
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