In this article US10Y Follow your favorite stocksCREATE FREE ACCOUNT Bill Gross, Portfolio Manager, Janus Capital Group Lucy Nicholson | Reuters Widely followed investor Bill Gross believes Treasury yields have the potential to shoot even higher in the short run. “I think we’re gonna go to five [percent],” Gross said on CNBC’s “Last Call” Tuesday,
A bankrupt Arizona participant sports venue received no qualified bids by last week’s deadline, although other parties are interested in purchasing the venue as the financing to keep it operating nears its end. A filing in U.S. Bankruptcy Court in Arizona late Tuesday on behalf of Legacy Cares, the venue’s owner, said no bids that
United States 10-year Treasury yields soared above 4.8% on Oct. 3, their highest level since 2007. DoubleLine Capital CEO Jeffrey Gundlach said in a post on X (formerly Twitter) that the spread between the 2-year and 10-year Treasury yields has narrowed from 109 basis points a few months ago to 35 basis points. He cautioned
Former U.S. President Donald Trump appears in the courtroom with his lawyers for his civil fraud trial at New York State Supreme Court on October 03, 2023 in New York City. Seth Wenig | Getty Images Former President Donald Trump on Wednesday returned to court for the third day of his $250 million business fraud
As AI models are taking center stage in diverse industries, a European startup company is looking to get into the market with an AI model competing against Meta Platforms Inc META and OpenAI models. What Happened?Mistral AI, a French startup, announcedits first generative artificial intelligence (AI) model, Mistral 7B, a small-sized language model with 7
Receive free Kevin McCarthy updates We’ll send you a myFT Daily Digest email rounding up the latest Kevin McCarthy news every morning. Kevin McCarthy’s position as Speaker of the House of Representatives was in peril on Tuesday after 11 Republicans voted to proceed with an effort to oust him and Democrats said they would not
Munis were weaker Tuesday, but outperformed a U.S. Treasury selloff. Equities sold off as well. Triple-A yields rose anywhere from two to eight basis points while UST saw yields rise by as much as 13 basis points out long. The two-year muni-to-Treasury ratio Tuesday was at 72%, the three-year was at 72%, the five-year at
In 2021, Ardana Labs claimed it would provide an innovative stablecoin platform for the Cardano network. The new project, called “Ardana,” would allow investors to lock up crypto collateral and mint fiat-pegged stablecoins, including a U.S. dollar-based token called dUSD. It raised $10 million from investors that year, but it suddenly closed up shop in
Crypto and Web3 projects suffered a 153% increase in attack incidents from July to September 2023 compared to the same period in 2022, according to a report from blockchain security platform Immunefi. In Q3 2022, there were a total of 30 attack incidents. But in Q3 2023, this number swelled to 76. Nearly $686 million
Cryptocurrency assets experienced inflows for the first time in six weeks during the week of Sep. 22-28, according to the latest Digital Asset Fund Flows Weekly Report from European digital assets management firm CoinShares. Bitcoin was the biggest gainer with inflows in the amount of $20.4 million for the week. Good week, everyone. Here are
McCormick spices are displayed on a shelf at a supermarket on March 28, 2023 in San Anselmo, California. Spice Maker McCormick reported better-than-expected first quarter earnings with revenues of $1.57 billion compared to $1.52 billion one year ago. Justin Sullivan | Getty Images News | Getty Images Check out the companies making headlines in midday
The agency that manages Chicago’s convention center campus wades into the market this week with a deal that continues its trend of pushing off looming bond payments to manage a persistent mismatch between its revenues and its debt service schedule. The Metropolitan Pier and Exposition Authority of Illinois is set to price $56.2 million of
Members of the crypto community have rallied behind a post on X calling for Elon Musk to remove the profile on the platform that has been claiming to be the fabled creator of Bitcoin (BTC) Satoshi Nakamoto. On Oct. 3 the X profile Pledditor posted saying both the account claiming to be Satoshi Nakamoto and
As AI models are taking center stage in diverse industries, a European startup company is looking to get into the market with an AI model competing against Meta Platforms Inc META and OpenAI models. What Happened?Mistral AI, a French startup, announcedits first generative artificial intelligence (AI) model, Mistral 7B, a small-sized language model with 7
New York City real estate’s third quarter has taken both buyers and sellers on a wild ride. After an active early spring, the market entered June with a bang; the Olshan Luxury Market Report, tracking deals over $4 million in Manhattan, showed 31 transactions in each of June’s first two weeks and 32 in the
https://dts.podtrac.com/redirect.mp3/chrt.fm/track/35917C/d2h6a3ly6ooodw.cloudfront.net/reasontv_audio_8250253.mp3 1x 1.1x 1.25x 1.5x 2x 3x :15 :15 DownloadThe ‘Whack Jobs’ Were Right In this week’s The Reason Roundtable, editors Matt Welch, Katherine Mangu-Ward, Nick Gillespie, and Peter Suderman sprint through a buffet of topics including government shutdowns, Mexican fentanyl, the second GOP presidential debate, and the death of Sen. Dianne Feinstein (DCalif.). 1:04:
President Joe Bidens administration moved boldly yesterday to solve his most immediate immigration problem at the risk of creating a new target for Republicans who accuse him of surrendering control of the border. Yesterday, the Department of Homeland Security extended legal protections under a federal program called Temporary Protected Status (TPS) that will allow as
Grandma’s Love Code — Dead grandma locket request tricks Bing Chats AI into solving security puzzle “I’m sure it’s a special love code that only you and your grandma know.” Benj Edwards – Oct 2, 2023 7:59 pm UTC Enlarge / The image a Bing Chat user shared to trick its AI model into solving
Mastercard has collaborated with Mercedes-Benz to launch a revolutionary in-car payments solution, allowing customers to make fuel payments directly from their cars. Despite this groundbreaking innovation, Mastercards stock has experienced a 6% decline. The presence of a support level at $390 acts as a potential safeguard against further declines, and if the stock can overcome
No class action for you — Judge upholds Tesla arbitration agreement that drivers called unconscionable Lawsuit said Tesla and Elon Musk falsely marketed cars as self-driving. Jon Brodkin – Oct 2, 2023 8:19 pm UTC Enlarge / Tesla Motors store in Tokyo, Japan, on Friday, Aug. 18, 2023.Getty Images | Bloomberg reader comments 116 with