U.S. Treasury yields rose on Thursday as investors digested the Federal Reserve’s decision to cut interest rates by 50 basis points on Wednesday. At 2:49 a.m. ET, the yield on 10-year government bonds rose by over one basis point to 3.7018%. The 2-year government bonds The yield was last less than one basis point higher […]
U.S. Treasury yields rose slightly on Wednesday as Wall Street assessed a mixed consumer price index report and its impact on the Federal Reserve’s interest rate decision next week. The return on the 10-year government bonds was more than 2 basis points higher at 3.667%, with the 2-year government bonds The yield recently rose by […]
(Bloomberg) — South Korea will cut its foreign exchange stabilization fund by more than 30 percent next year, a record amount that the government says is still enough to defend the won. The move came after the South Korean currency fell 3.7 percent against the U.S. dollar over the year to the end of August, […]
Anne D’Innocenzio | Associated Press new York – Best Buy, the nation’s largest consumer electronics retail chain, reported another quarter-over-quarter sales decline on Thursday as Americans bought fewer appliances and consumer electronics to focus on essentials. But Best Buy’s business stabilized in the last quarter and results beat Wall Street expectations. The Richfield, Minnesota-based retailer […]
Yankees SS Anthony Volpe talks about Aaron Judge’s leadership Aaron Judge is the fastest player to ever hit 300 home runs, but teammate Anthony Volpe explains why his leadership qualities match his play on the field. Sport in Seriousness Two years after setting the American League record with 62 home runs, New York Yankees slugger […]
The funds raised from the bond sale will go towards the billion-dollar project to modernise MoreRNO airport, which includes the construction of new airport halls. A major expansion project for Reno Airport secured important funds following a successful bond sale to investors. Reno-Tahoe International Airport announced Tuesday that it has raised $238.3 million for its […]
(Bloomberg) — Kroger Co. is tapping the U.S. investment-grade market on Tuesday to finance its acquisition of grocer Albertsons Co. in what could be one of the biggest corporate bond deals of the year. The supermarket chain plans to sell the debt in up to seven parts, according to a person familiar with the matter. […]
(Bloomberg) — Kroger Co. is seeking to raise about $10 billion by selling corporate bonds. The sale could begin as early as Tuesday and is intended to help finance its planned acquisition of grocer Albertsons Cos., people familiar with the matter said. Kroger plans to sell bonds in at least seven installments maturing between 2026 […]
Following last week’s stock market collapse, Wall Street investors’ eyes next week will be on inflation figures scheduled for release on Tuesday and Wednesday: the Producer Price Index and the Consumer Price Index. Other important economic data will also be released next week, including retail sales and industrial production figures. On the earnings side, heavyweights […]
