10-year Treasury yield hovers close to highest level since April as investors await key jobs data
U.S. Treasury yields hovered close to its highest level since April on Friday, as investors anxiously awaited the release of key jobs data.
Why China's central bank has stopped bond purchases
The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward ...
CNBC Daily Open: Spike in long-term borrowing costs isn't just about the UK economy
The borrowing cost for the U.K. government is at an almost three-decade high. But it’s not a localized problem like the one caused by Liz Truss’ “mini-budget.” ...
European markets set to open mixed after UK borrowing costs hit multi-decade highs
European markets are set to open mixed on Friday, as investors monitor economic data and ongoing turbulence in the U.K.’s debt markets.
World's biggest chipmaker TSMC beats sales estimates as AI boost continues
The world's largest chip manufacturer reported fourth-quarter revenue of 868.5 billion New Taiwan dollars ($26.3 billion), ...
Death toll climbs to 10 in Southern California wildfires
The number of deceased people has increased to 10 as authorities and the medical examiner continue to respond to reported ...
Notre Dame beats Penn State 27-24 in Orange Bowl, reaches National Championship
Notre Dame on Thursday trailed early but came back to beat Penn State 27-24 in the Orange Bowl, sealing its spot in the National Championship contest.
Chinese lenders have a massive challenge at hand: They can't lend enough
Chinese onshore banks and funds have flocked to government bonds amid a gloomy economic outlook as hopes for meaningful ...
Adams' State of the City: NYC to spend $650M on combating homelessness, mental illness
New York City will spend $650 million over the next five years to combat homelessness and mental illness, while increasing the number of police officers in the subway system.
Evacuation alert sent in error to phones of nearly 10 million L.A.-area residents
Evacuation orders and an alarm sound were mistakenly sent to cellphones of residents all over Los Angeles County and beyond on Thursday afternoon. But officials say the widespread alert was an error.
How the Los Angeles wildfires have affected the Lakers, Rams, Kings, players, coaches and more
The Los Angeles wildfires have devastated neighborhoods and communities. The impact has also affected the world of sports, ...
5 potential landing spots for Dolphins star Tyreek Hill
After Tyreek Hill's comments to end the regular season, these five NFL teams could make sense for the Miami Dolphins star if ...