business news

Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns

Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in…

Butler sworn in to replace late California Sen. Feinstein, becoming third Black female senator in U.S. history

Former union leader and Democratic insider Laphonza Butler was sworn in as the newest member of the Senate on Tuesday,…

U.S. falls in new ‘financial inclusion’ ranking, a global measure of access to financial services, researchers say

“Financial inclusion,” defined as individuals and businesses having access to useful and affordable financial products, has declined in the U.S.,…

The job market is strong, economists say — but workers don’t think so

The job market remains strong despite gradual cooling from pandemic-era highs, according to labor economists — but workers don’t seem…

As Congress weighs Ukraine aid, Biden reassures G7, NATO leaders of U.S. commitment

WASHINGTON — President Joe Biden convened a call with top U.S. allies Tuesday to stress the United States commitment to aiding…

Stocks making the biggest moves midday: Meta, Warby Parker, McCormick and more

Check out the companies making headlines in midday trading. Warby Parker — The eyewear maker popped 3.4% after Evercore ISI…

Judge issues gag order in Trump fraud trial after ex-president posts about law clerk

A judge issued a gag order Tuesday after Donald Trump attacked the judge’s law clerk on social media and in…

House ousts Kevin McCarthy as speaker, a first in U.S. history

WASHINGTON — The House of Representatives on Tuesday ousted Republican Kevin McCarthy as speaker, the first time in history that the chamber…

Hunter Biden pleads not guilty to gun charges in Delaware federal court

Hunter Biden pleaded not guilty Tuesday in Delaware federal court to criminal charges related to having a handgun while being…