Articles

Treasury yields slip as traders eye raft of jobs data this week

U.S. bond yields fell early Tuesday ahead of a busy few days of labor market data that will help determine the pace of Federal Reserve interest rate cuts in coming months.

Eurozone inflation falls below target for the first time in three years

Inflation in the eurozone fell below target for the first time in three years, data that reinforce the likelihood the European Central Bank will cut interest rates later this month.

Cerebras IPO filing points to a recurring concern in AI: customer concentration

The much-anticipated IPO by Cerebras Systems — the first chip maker of the AI era to go public — also included information on the concentration of its customers, an issue investors are seeing at other AI hardware companies.

Hasbro and Mattel have most toy shipments locked in as port strike looms, analysts say

A strike along dozens of East Coast ports could cost the economy hundreds of millions of dollars a day, leaving things like cars, furniture, alcohol and pharmaceuticals stuck on ships, while potentially raising shipping costs for businesses and consumers.

CVS is reportedly reviewing its options — including a possible breakup

Drugstore chain CVS Health Corp. in recent weeks has been reviewing its options as a company — among them a potential breakup — the Wall Street Journal reported on Monday.

Here’s what’s worth streaming in October 2024: ‘Heartstopper,’ ‘The Diplomat,’ ‘Shrinking’ and more

Hulu’s ‘What We Do in the Shadows’ and Max’s ‘Somebody Somewhere’ return for their final seasons

AI chip startup Cerebras files for IPO, in market dominated by Nvidia

Cerebras Systems Inc., a maker of chips and other tech infrastructure for artificial intelligence, filed for an initial public offering on Monday, as more startups look to make a name for themselves in a space occupied by tech juggernauts like Nvidia Corp.

Stocks, bonds up in third quarter amid ‘soft landing’ hopes — but gold beat both

Markets wrapped up a strong third quarter for stocks and bonds, as investors appeared more convinced that the Federal Reserve may pull off a soft landing. Still, gold surged.

Chamber of Commerce calls on Biden to stop dockworkers strike, citing inflation fears

Big business is upping the pressure on President Joe Biden to intervene in a dockworkers strike set to begin Tuesday that could shut down ports handling more than half of all U.S. trade and potentially lead to an increase in the cost of consumer goods.

The stock market is entering the most volatile month of an election year — but the rally may be here to stay

Wall Street is about to flip its calendar to the most volatile month of a presidential election year, but the record-setting rally seen in the third quarter has investors pondering whether the big gains have staying power.

Apple’s stock closes in on record high after upbeat call on iPhone availability

Apple Inc.’s stock surged Monday after J.P. Morgan made an upbeat call on iPhone availability, with improvement led by the iPhone 16 base models.

Trump’s ‘DJT’ stock adds to gains to turn in strong performance for the past week

Trump Media & Technology Group Corp.’s stock rose Monday to bring its total gain for the past week up to nearly 30%, but it still remains in negative territory for September as the month ends.
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