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It's a level not seen since George W. Bush was president. Bianco Research's Jim Bianco sees the 10-year Treasury yield hitting 5.5% this year.

The Federal Reserve on Wednesday released minutes from its Dec. 12-13 policy meeting.

The U.S. central bank expects to cut rates three times in 2024. Investors can lock in CD rates now, while bonds are poised for a pop.

"We're making real progress," Barkin, a voting member this year on the rate-setting Federal Open Market Committee, said in prepared remarks.

Steve Eisman of Neuberger Berman sees little tolerance for things going wrong. He warns the Federal Reserve will likely cut rates fewer times than expected.

In 2022, Tesla produced 1.37 million vehicles, fewer than BYD's 1.88 million.

Pronounced "Sue Qi" in Mandarin, the Xiaomi SU7 beats Porsche's Taycan and Tesla's Model S on acceleration and other metrics, Xiaomi CEO Lei Jun said.

Companies often withhold tax from bonuses at a flat 22% federal rate. For many, that means their check may seem smaller than expected.

"The Chinese cloud services market remains conservative, relying heavily on government and state-owned enterprises to drive growth," Canalys said in a report.

China's proposed gaming rules would hit smaller developers more than large ones, while also reducing overall online advertising revenue, according to UBS.

The National Park Service will offer free admission to national parks on six days next year.

Gorman won praise for managing the CEO succession process at Morgan Stanley.