The 10-year U.S. Treasury yield rose above 4.06% Thursday after the latest inflation reading came in hotter than expected, pushing expectations for an interest rate cut from the Federal Reserve further out. The yield on the 10-year Treasury note rose more than 3 basis points at 4.062%. It has been hovering around the 4% mark … Read more
Aerial view of a tanker. Bugto | Moment | Getty Images Iran on Thursday captured an oil tanker previously involved in a Washington-Tehran dispute over carrying U.S.-sanctioned crude, Iranian state media said. The Iranian navy seized the vessel St. Nikolas in the Gulf of Oman, the state-run Islamic Republic News Agency said in a Google-translated … Read more
Sefa Ozel | E+ | Getty Images Russia is still obtaining large volumes of Western technology critical to its war in Ukraine, even as sanctions show some sign of taking hold, new analysis shows. China, Hong Kong, Turkey and the United Arab Emirates have been increasingly important in funneling critical components to Russia, according to … Read more
Justice Arthur Engoron presides over the civil fraud trial of former President Donald Trump and his children at New York State Supreme Court on November 13, 2023 in New York City. Erin Schaff | Getty Images Police responded Thursday to a bomb threat made to the home of the New York judge set to hear … Read more
Anthony Scaramucci, founder and CEO of SkyBridge Capital, said Thursday that the U.S. Securities and Exchange Commission’s approval of the first spot bitcoin exchange traded funds should be viewed as a watershed moment for bitcoin. Speaking to CNBC’s Arjun Kharpal in the Swiss ski town of St. Moritz, Scaramucci said his New York-based hedge fund unexpectedly … Read more
Sperry Top-Sider Bill fish Tan and Beige. Mayra Beltran | Houston Chronicle | Getty Images Wolverine World Wide has sold Sperry to brand management firm Authentic Brands Group and Canadian retailer the Aldo Group, the company announced Thursday. The deal will generate $130 million, which Wolverine plans to use to pay down debt, it said. … Read more
Highspeed ICE trains stand still in front of frankfurt’s skyline at Frankfurt main station, western Germany, on January 10, 2024, as German train drivers start a nationwide three-day strike from after wage talks broke down. Kirill Kudryavtsev | Afp | Getty Images Germany is in the grip of major travel disruption. A three-day nationwide strike … Read more
Public hearings in South Africa’s genocide case against Israel began on Thursday at the International Court of Justice (ICJ) in The Hague, Netherlands on Jan. 11, 2024. Anadolu | Anadolu | Getty Images The U.N.’s highest court is on Thursday hearing South Africa’s accusations of genocide by Israel in its ongoing war in the Gaza … Read more
Combination showing Sam Altman, CEO of OpenAI (L), Ursula von der Leyen, President of the European Commission (C), and Javier Milei, President of Argentina (R). Reuters The global elite are pulling on their snow boots and firing up their private jets for the World Economic Forum in Davos, Switzerland. The 2024 WEF, titled “Rebuilding Trust,” … Read more
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — China’s Ministry of Commerce said Thursday the U.S. is weaponizing export controls and using them as a tool. ”We are highly concerned about the United … Read more
