Treasury yields slip as investors digest recent U.S. inflation data

Bonds yields slipped Monday, as investors digested the previous week’s wave of data releases and questioned whether the U.S. Federal Reserve may slow its tightening cycle on improved inflation news. The yield on the benchmark 10-year Treasury note was last down 5 basis points at 2.799%, while the yield on the 30-year Treasury bond traded …

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More than 100 million Americans will experience extreme heat by 2053, mostly in the South and Midwest

A pedestrian uses an umbrella to get some relief from the sun as she walks past a sign displaying the temperature on June 20, 2017 in Phoenix, Arizona. Ralph Freso | Getty Images Heat records are falling around the world this summer, and scientists expect that climate change will make the problem worse in coming …

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How AMC could stage a comeback in 2022

Movie theaters across the U.S. and worldwide were dealt a massive blow over the past two years. The domestic box-office numbers plummeted from 2019’s box office of $11.15 billion to $3.8 billion in 2021. That’s mainly due to the Covid-19 pandemic, which kept people in their homes. Film studios scrambled to reshuffle movie release dates …

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Salman Rushdie stabbing: Iran denies being involved in attack

Image Source : PTI Indian author Salman Rushdie Salman Rushdie stabbing: An Iranian government official denied on Monday that Tehran was involved in the assault on author Salman Rushdie, in remarks that were the country’s first public comments on the attack. Nasser Kanaani, the spokesman of Iran’s Foreign Ministry, made the remarks in a briefing to …

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Personalized coffees and prestige skincare: Consumers snap up premium products despite cost-of-living crisis

“As we create more premium beverages, it becomes more difficult for customers to replicate it at home and we think that helps with the concept of trade down,” Starbucks CFO Rachel Ruggeri told CNBC’s “Squawk Box” on Aug. 3. Gary Hershorn / Contributor / Getty Images Personalized coffees, “prestige” skincare and “elevated” sauces and spreads …

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Brave new world: The first 100 days of Liz Truss’s Britain

Press play to listen to this article LONDON — If the opinion polls are right, this is Liz Truss’ world now — and we’ll all soon be living in it. With three weeks to go in the U.K. Conservative Party leadership race, every poll of the 180,000-strong Tory membership suggests Truss, the foreign secretary, is …

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Trump search warrant cites statutes that carry possible multiyear prison sentences

The FBI’s search warrant targeting former President Donald Trump’s private club listed three statutes that were used to justify the seizure of boxes and documents from the property, some of them marked as top secret. Under a heading that reads “Property to be seized,” the warrant refers to: “All physical documents and records constituting evidence, …

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Investors are piling into high-yield bonds. What to know before adding 'junk' to your portfolio

Investors have been pouring money into high-yield bonds, which typically pay more interest for taking on greater risk. But these investments are also known as “junk bonds,” and financial experts urge caution before piling in. After a rocky start to 2022, U.S. high-yield bond funds received an estimated $6.8 billion in net money in July, …

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EU proposes lifting pressure on Iran’s Revolutionary Guards to revive nuclear deal

Press play to listen to this article BERLIN — Europe’s proposal to resuscitate Tehran’s nuclear deal with world powers would blunt American sanctions against Iran’s Revolutionary Guards and pave the way for Tehran to avoid further scrutiny of suspected atomic sites, according to excerpts of a draft of the text reviewed by POLITICO. The details …

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100 days to 2022 World Cup: Why your team will (and won't) win in Qatar

Your team is going to lose the World Cup. Probably. Almost every team is going to lose the World Cup. That’s just the way the World Cup works. One team wins, and most teams lose. The odds are not in your favor. 2 Related But the World Cup is officially only 100 days away, which …

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