fears

US Treasuries sell off as upbeat data sharpen Fed rate rise fears

US Treasuries sell off as upbeat data sharpen Fed rate rise fears

US government bonds dropped on Tuesday after an upbeat survey on the country’s vast services industry fuelled expectations of further big interest rate rises by the Federal Reserve. The yield on the 10-year Treasury note, seen as a proxy for borrowing costs around the world, added 0.15 percentage points to 3.34 per cent. The yield …

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Recession fears are rising. Why are people still quitting their jobs?

Recession fears are rising. Why are people still quitting their jobs?

Interest rates are rising, inflation is lingering at four-decade highs, the economy appears to be slowing and experts fear a recession is on the way. But Americans are still quitting their jobs at near-record rates in the face of growing economic uncertainty.  The percentage of American workers who quit their jobs set a record earlier …

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Stocks Run On Fed Hints Of Slower Hikes; Watch Out For 'Day 2'

Futures: Market Fears This From Fed’s Powell

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures, with Fed chief Jerome Powell set to give his much-anticipated Jackson Hole policy speech Friday morning. X The stock market rally had a strong session Thursday, with the major indexes rising back above a key short-term level, despite concerns that Fed …

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Fears for independent media in India as tycoon eyes major news channel

Fears for independent media in India as tycoon eyes major news channel

Comment on this story Comment NEW DELHI — Gautam Adani, the richest man in Asia and a close ally of prime minister Narendra Modi, owns some of India’s busiest airports and seaports, coal mines and power plants. This week, Adani made a foray into a new field — television — in a move that could …

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Bonds of Bed Bath & Beyond Collapse on Bankruptcy Fears as Suppliers with Unpaid Bills Halt Shipments

Bonds of Bed Bath & Beyond Collapse on Bankruptcy Fears as Suppliers with Unpaid Bills Halt Shipments

Meme-stock crowd got crushed, shares collapsed 69% in four days. Their billionaire hedge-fund hero, who might have known about the unpaid bills, got out in time. By Wolf Richter for WOLF STREET. The $675 million of senior unsecured 30-year bonds that meme-stock darling Bed Bath & Beyond issued in 2014, and that are due in 2044, with a …

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Nasdaq slumps more than 2% on fears of aggressive Fed

Nasdaq slumps more than 2% on fears of aggressive Fed

Amazon, UnitedHealth among bidders for Signify – report AMC tumbles as UK’s Cineworld mulls bankruptcy filing Benchmark 10-year U.S. Treasury yield rises past 3% Indexes down: Dow 1.33%, S&P 1.64%, Nasdaq 2.10% Aug 22 (Reuters) – Wall Street’s main indexes tumbled on Monday in a dour start to the week as investors worried about hawkish …

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Investors pivot from value stocks as recession fears ‘haunt’ markets

Investors pivot from value stocks as recession fears ‘haunt’ markets

Big investors have over the past two months bought up shares in companies with strong growth prospects over cheaper value stocks in an abrupt reversal driven by shifting views on interest rates, inflation and the threat of a US recession. US value strategies, which look for inexpensively priced companies based on measures such as profits, …

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Woman doing an at-home COVID test.

COVID fears? FDA now says you need to pass 3 home tests to be safe

If you’re taking an at-home COVID-19 test and want to be confident you’re clear of the virus, you’ll need not just one or two but three tests with negative results over five days before it’s likely safe to hug Grandma. That’s the new recommendation Thursday from the Food and Drug Administration. It follows a new …

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