10-year Treasury yield eases slightly but holds at 1.5% to start the week
The 10-year U.S. Treasury yield eased on Monday morning but held above 1.51% as investors digested a rise in a key inflation indicator index. U.S. News
Category: US News
Biden invites infrastructure negotiators to White House as bipartisan group moves closer to a deal
Senators say they are close to a bipartisan infrastructure deal, but they still need to agree with President Biden on how to pay for it. U.S. News
Supply chain snafus could affect what’s available to you on Amazon Prime Day
Sellers are grappling with widespread supply chain disruptions just as they gear up for Amazon’s Prime Day discount bonanza. U.S. News
GM ups spending on EVs and autonomous vehicles by 30% to $35 billion by 2025 on higher profits
GM, America’s largest automaker, is racing to catch up to Tesla on EVs and become a leader in the space against other well-established automakers such as VW. U.S. News
Digital dollar could push more investors into bitcoin, fund manager says
Digitized fiat currencies could actually support the case for investors buying into bitcoin, says Greg King, founder and CEO of Osprey Funds. U.S. News
U.S. forces are halfway through their withdrawal from Afghanistan
In April, Biden announced a full withdrawal of U.S. troops from Afghanistan by Sept. 11, ending America’s longest war. U.S. News
Fed’s Mester lauds jobs report but says it’s not enough to change policy
May’s job gains were “solid,” but not enough to change the direction of monetary policy, Cleveland Fed President Loretta Mester told CNBC. U.S. News
Black Wall Street was shattered 100 years ago. How the Tulsa race massacre was covered up and unearthed
On May 31, 1921, a white mob turned Greenwood upside down in one of the worst racial massacres in U.S. history. U.S. News
Thematic tech ETFs see big price declines, but modest outflows. Unpacking the moves
There’s a “misconception” about who buys into thematic tech funds, says Global X’s head of research and strategy, Jay Jacobs. U.S. News
It’s not your imagination. Rising airfares and hotel rates are making vacations more expensive
Airfare and hotel rates are rising as more travelers take vacations. U.S. News