Bitcoin Slides as Bond Yields Surge to 15-Year High
In a stark reflection of prevailing risk aversion, Bitcoin, the pioneering cryptocurrency, stumbled to a nearly two-month low, echoing the broader downward trend in the
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Mortgage Rates Surge Past 7% Mark, Hitting Two-Decade High
In a significant development, mortgage rates have experienced a surge beyond the 7% threshold this week, marking the highest point in over twenty years, as
End of an Era: Microsoft Axes Xbox 360 Store and Marketplace
In a significant move that marks the end of an era for gaming enthusiasts, Microsoft Corporation has declared its intention to discontinue the Xbox 360
Blue Shield of California Ends CVS Health 20 years Partnership
Blue Shield of California, a prominent non-profit insurer, announced on Thursday its decision to conclude a two-decade-long alliance with CVS Health, a leading pharmacy benefit
Investor Caution Urged as Real Yields Peak Since Lehman Collapse
In a striking echo of the financial aftermath that ensued after the collapse of Lehman Brothers in 2008-2009, real yields on US government bonds have
Samsonite Explores US Listing to Attract American Investors
Samsonite International SA, the renowned luggage manufacturer, is actively considering a secondary listing on US stock exchanges to enhance its appeal to American investors and
Tesla Warns of Legal Action in Core Lithium Dispute
Core Lithium, an Australian mining company, announced on Wednesday that it had received a notice from Tesla, the prominent electric-vehicle manufacturer, regarding a supply agreement
American Retirement Accounts Surge with 8.3% Gains
American retirement savers have reason to cheer as their investment portfolios received a welcome boost in the first half of 2023, with retirement accounts experiencing
Gloomy Outlook: Japan Exports Decline, China Demand Dips
In a worrisome development underscoring concerns of a global recession, exports of Japan witnessed a decline in July for the first time in nearly two
Global Bond Yields Surge as US 30-Year Hits 2011 High
Global government bond yields have continued their surge, reaching significant milestones as economic data challenges prevailing notions about central bank rate peaks. The US
