Another omicron subvariant called BA.2.12.1 has been detected in 23 countries, including the U.S., according to WHO. U.S. News
Ford Motor is selling 8 million of its Rivian Automotive shares as the insider lockup for the stock expires on Sunday, sources told CNBC’s David Faber. U.S. News
Morrell helped Disney CEO Bob Chapek craft a response to Florida’s “Don’t Say Gay” legislation that has arguably backfired on the company. U.S. News
U.S. Treasury yields dipped on Tuesday, with investor focus remaining on the Covid-19 outbreak in China and concerns over a global economic slowdown. U.S. News
The 5-year Treasury yield hit 3% on Friday, after Fed Chair Jerome Powell hinted that a 50-basis-point rate hike could be in the cards in May. U.S. News
The benchmark 10-year U.S. Treasury yield rose Monday to a level not seen in more than three years, as traders continued to assess rising inflation. U.S. News
U.S. Treasury yields ebbed on Thursday morning, as investors clung to hopes that inflation may be starting to peak. U.S. News
Elon Musk has suggested changes to Twitter Blue — including a price cut, banning ads, and the option to pay in dogecoin. U.S. News
Fast-rising mortgage rates are cutting demand for home loans drastically. U.S. News