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☆ Morning Bid: October market fillip as government stays open
  + stars: | 2023-10-02 | by ( ) www.reuters.com   time to read: +5 min
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. U.S. Treasury yields, whose relentless rise of late has been at the heart of market disturbances as it prices "higher for longer" interest rates, pushed higher again on Monday too. Ten-year yields were up five basis points to 4.62% - just shy of last week's 16-year peak of 4.69%. Key developments that should provide more direction to U.S. markets later on Monday:* US Sept manufacturing surveys by ISM and S&P Global. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Brendan McDermid, Mike Dolan, Kevin McCarthy, McCarthy, Goldman Sachs, Jerome Powell, Michael Barr, Loretta Mester, John Williams, Fitch, Nick Macfie Organizations: New York Stock Exchange, REUTERS, Democratic, Republican, Ukraine, Treasury, Bank of Japan, of, Petroleum, Reuters, P Global, Cleveland Fed, New York Fed, Tech, Moody's, U.S . AAA, Chicago, Thomson Locations: New York City, U.S, Russia, OPEC, China, France, Italy, Spain, Germany, York
☆ Saddam Hussein's yachts were once signs of luxury. Now, one is a wrecked picnic spot for fishermen and the other was almost turned into a hotel.
  + stars: | 2023-03-17 | by ( Chris Panella | ) www.businessinsider.com   time to read: +4 min
Saddam Hussein's yachts were once luxurious signs of the dictator's power. The 'Al Mansur,' Iraqi President Saddam Hussein's private yacht, lies at the dockside in central Basra April 10, 2003. Iraq stepped in and courts decided the "Bashrah Breeze" belonged to the government. In 2018, reports that "Bashrah Breeze" would be made into a hotel for pilots made international headlines. The 'Bashrah Breeze' superyacht owned by Saddam Hussein.
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