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Benchmark Treasury yield hits 3-yr high; dollar posts weekly gain

By Caroline Valetkevitch NEW YORK (Reuters) – The U.S. Treasury 10-year yield hit a three-year high above 2.7% on Friday while the U.S. dollar index posted its largest weekly percentage gain in.

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Dow gains, S&P 500 ends lower as market weighs Fed rate hikes

By Herbert Lash, Bansari Mayur Kamdar and Praveen Paramasivam NEW YORK (Reuters) -The Dow rose and the S&P 500 ended lower in choppy trade on Friday, as beaten-down bank shares gained and.

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WarnerMedia, Discovery complete merger, become Warner Bros Discovery

(Reuters) -AT&T Inc’s WarnerMedia unit and Discovery (NASDAQ:DISCA) Inc have completed their merger, the companies said on Friday. The combined company, Warner Bros Discovery Inc, will start trading on the.

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Amazon calls for election re-run after workers voted for first U.S. union

NEW YORK (Reuters) -Amazon.com Inc on Friday called for an election re-run after workers at a New York City warehouse voted to create the company’s first U.S. union, saying that.

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Lowe’s CFO Denton to step down

(Reuters) -Home improvement chain Lowe’s (NYSE:LOW) Cos Inc said on Friday Chief Financial Officer David Denton would step down to pursue another opportunity at a publicly traded company outside the.

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Spirit Airlines to start talks with JetBlue on its $3.6-billion bid

(Reuters) -Spirit Airlines would start talks with JetBlue Airways (NASDAQ:JBLU) Corp on its $3.6-billion offer, the budget carrier said late on Thursday as it could likely lead to a “superior.

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Asian Stocks Down as Tighter Fed Policy, China COVID-19 Outbreak Continue Impact

By Gina Lee Investing.com – Asia Pacific stocks were mostly down on Friday morning, while U.S. equity futures steadied amid cautious trading. Investors continue to monitor both the U.S. Federal.

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Fox News reporter wounded in Ukraine says ‘pretty damn lucky’ to be alive

By Dan Whitcomb (Reuters) – A Fox News correspondent who was wounded in Ukraine during an attack that killed two of his colleagues said on Thursday that he had sustained.

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Ferrero recalls some Kinder chocolates from U.S. over salmonella fears

(Reuters) – Italian confectionary group Ferrero has voluntarily recalled some of its Kinder chocolates from the American shelves for a potential link with salmonella contamination. Kinder Happy Moments Chocolate Assortment.

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Stocks set for weekly drop as rates reality bites

By Tom Westbrook SINGAPORE (Reuters) – Stocks headed for a weekly loss on Friday as the prospect of aggressive global rate hikes finally began to rattle investors, while bonds fell.

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