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Boeing’s credit ratings at heightened risk of downgrade to junk as strike puts company’s recovery “at risk,” S&P says.
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.
Lower interest rates will create a surge of financial-market liquidity.
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.
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.
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.