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NYSE

Bond Yields Rose To A 19-Year High As Selloff Continues. Stocks Retreated.

The benchmark 10-year Treasury reached 5.108%, the highest level since July 2007.

Fed Governor Barr Says More Rate Hikes Are 'Likely' Needed. Treasury Yields Reach New 19-Year Highs.
The U.S. And Iran Traded Fresh Threats. Oil Prices Climbed Back Above $100 A Barrel.
A Fed Member Supported The Latest Rate Hike. She Says Chances Of Elevated Inflation Are 'Notably Higher'

A Fed Member Supported The Latest Rate Hike. She Says Chances Of Elevated Inflation Are 'Notably Higher'
"With the labor market on a better footing, monetary policy can focus on a timely return to price stability, especially after five and a half years of too high inflation," Boston Fed President Susan Collins said.
Russia And Ukraine Keep Targeting Energy Infrastructure. Zelenskyy Is Proposing A Meeting With Putin.
The Ukrainian President also asked for a "winter package of Patriot missiles" and licenses to produce them in the country.
The U.S. And Iran Traded Fresh Threats. Oil Prices Climbed Back Above $100 A Barrel.
Iran's General Staff said Trump's threats of annihilation are "not a sign of power but a sign of their strategic desperation."
Trump's Board Of Peace To Unveil Gaza Reconstruction Plan Worth Billions: Report
"The plan shows how to stand up a government from nothing, an economy from shambles and a territory from disaster," a Board of Peace official said.
Iranian President Pezeshkian Challenges Trump At The UN, Says Tehran Seeks 'No One's Permission' To Defend Itself.
"We need strength to be able to defend ourselves," Pezeshkian said.
Anthropic Is Taking Medical AI Global With A New Partnership. It Aims To Take The Work To Some 100 Countries.
The rollout includes countries such as Sudan, Uganda, Angola, Haiti and Mongolia as Anthropic expands its work in medicine and life sciences.

Latest News

THE BOTTOM LINE

Trump

Trump's Portfolio Made More Than 1,100 Trades In One Month. A Look At The Biggest Stock Sales.

The disclosure covers transactions conducted on the president's behalf rather than trades Trump personally directed.

The Spotlight

The massive miss on jobs creation fanned fears about the US economy

The Job Market Is Stable But Workers Say It Feels Frozen: Report

Washington Wants To Limit Chinese AI Models. One Of Them Helped Contain OpenAI's Cyber Incident.

Economy in Focus

El Niño Has Reached a Historical Magnitude. The UN Is Warning About The Impact To Latin American Economies.
An extreme El Niño climate event would, conservatively, cause a decline of at least 2% in the region's gross domestic product over three years.
- France Is Facing Its Smallest Wine Harvest In Nearly 70 Years. Falling Demand Is Adding To The Pressure To Producers.
- A 'Supersized' El Niño Is Getting Stronger. The Economic Pain Could Spread Far Beyond The Countries Hit First.
Ryanair CEO Rules Out Fuel Surcharge Despite Rising Jet Fuel Prices, Warns Rivals Could Raise Fares by 20%
European airlines are grappling with rising operating expenses.
- Diesel Prices Have Hit Record Highs. The Trump Admin Is Considering An Export Ban.
- Saudi Arabia Reportedly Resumes Operations At Key East-West Pipeline. Oil Concerns Subside.

Editor's pick

Bitcoin

A Bitcoin Network Lost $320 Million In A Hack. The Attackers Say They're The Good Guys

The breach adds to a string of major crypto security incidents that have put exchanges, wallets and blockchain infrastructure under scrutiny.

Detroit Development Fund

Contributor

Capital Without Support Cannot Grow Communities or Small Businesses

The lesson from Detroit and from CDFIs nationally is that the supply of capable entrepreneurs is not the constraint; the supply of patient, prepared capital is.

Contributor
Startup.io: Directing Traders Toward Quantitative Thinking and Community
Startup.io was founded to provide traders with the structure they need to discover opportunities waiting in the market.
Contributor
Buying a stake in a company and improving the company are two very different skills.
Some companies need better distribution. Others need stronger management, clearer accountability, improved sales execution or a more disciplined commercial strategy. In some cases, additional capital may accelerate growth. In others, it may simply allow existing weaknesses to continue for longer.

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.

Trump Is Further Losing The Support Of Republicans On The Iran War, New Poll Shows
The president's approval rating on the war stands at 26 percent.
Trump Again Rejects Pacing AI Development, Claims It Will Be "Bigger Than The Industrial Revolution'
Iran Appeared To Open The Door To U.S. Talks. Marco Rubio Is Doing It Too.

Xi Wants Trump To Stop Selling Weapons To Taiwan. He's Expected To Point To A Reagan-Era Agreement.
A $14 billion U.S. weapons package has remained on hold since Trump called it a "negotiating chip" after meeting Xi in May.
Altman and Amodei Have Warned The World About Uncontrolled AI. They Will Now Address The UN Security Council.
Saudi Arabia Is Asking The U.S. To Strike The Houthis. Washington Military Officials Are Not Sure.

Texas Halts Permits For Data Centers As Opposition In The U.S. Mounts. Governor Abbott Says Texans Must Come First.
The Abbott administration has announced a halt to all permits being sought by data centers until an audit is completed to ensure the reliability of the state's energy grid.
Anthropic And OpenAI Are Facing Stiff Competition From Open-Weight Competitors. They Are Releasing Cheaper Models.
Meta's AI Push Is Creating A New Trade For Investors. It's Not Just About Its Stock.