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Boeing on the hook for $1 billion a month because of strike, as S&P frets anew

Boeing’s credit ratings at heightened risk of downgrade to junk as strike puts company’s recovery “at risk,” S&P says.

Wed Oct 9, 2024 00:43
Fed’s Collins sees risk of economy slowing ‘beyond what is needed’

Boston Fed President Susan Collins said Tuesday that there are risks to the U.S. economy not only from sticky inflation, but also an economic downturn.

Wed Oct 9, 2024 00:43
The Fed’s rate-cutting will give the stock market just what it needs — and wants

Lower interest rates will create a surge of financial-market liquidity.

Wed Oct 9, 2024 00:43
Benchmark 10-year Treasury yield closes above 4% for a second day

Long-term U.S. government debt continued to sell off on Tuesday, pushing 10-and 30-year yields further into the highest closing levels since late July, as market participants continued to price in economic strength and some chance of no action on interest rates by the Federal Reserve next month.

Tue Oct 8, 2024 23:13
Oil futures drop over 4% on talk of Lebanon-Israel ceasefire

A rally in oil took a pause on Tuesday, sending prices down by more than 4%, as the militant group Hezbollah reportedly said it supports efforts by Lebanon for a ceasefire with Israel, helping to ease tensions in the oil-rich Middle East.

Tue Oct 8, 2024 23:13
Mark Cuban says Kamala Harris will tackle ‘criminal’ healthcare pricing schemes

Billionaire Mark Cuban has told Vice President Kamala Harris that one of her first priorities as president should be to require pharmaceutical companies and pharmacy-benefit managers to be more transparent about what they are charging consumers and insurance companies for drugs.

Tue Oct 8, 2024 23:13

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