DIRS.INFO The most relevant business & tech news

Learn moreIt's an epic New York vs. New York match-up this week at the Mets and Yankees go head to head. We've compiled everything you need to know about how to watch the Mets vs. Yankees, including local and national broadcasting options. Whether you're a Mets or Yankees fan, we'll show you how to tune into the game from home. How to watch Mets vs. Yankees in the USThe first Mets vs. Yankees game will air on Tuesday, July 23, at 7:05 p.m. Check price at FuboHow to watch Mets vs. Yankees from anywhereIf you'll be traveling away from home during the game, you can still access your viewing options via VPN (virtual private network).

Persons: Fubo, They're, ExpressVPN Organizations: Business, Mets, Yankees, American League East, National League East, TBS, ESPN, YES Network, New Locations: York, New York

☆ Delta has to manually reset each computer system affected by the mass IT outage
▼ + stars: | 2024-07-23 | by ( Nora Redmond | ) www.businessinsider.com time to read: +3 min

As most airlines began to recover following the technology issues, Delta has struggled to restore operations to full capacity, now resorting to manually resetting each system affected by the meltdown. AdvertisementIt explained that the airline's crew-tracking-related tool, which ensures flights are fully staffed, has needed manual support to repair. The airline with the next highest number of cancellations was United Airlines, with 694 cancellations. AdvertisementSince Friday, Delta has canceled over 5,000 flights, per FlightAware data. Delta canceled 394 flights on Tuesday as of 6.50 a.m.

Persons: —, Delta, Ed Bastian Organizations: Service, Lines, Business, Delta, Microsoft, United Airlines, United, Jackson Atlanta International Airport Locations: Texas, Delta, Delta's, Hartsfield

Washington CNN —President Joe Biden will deliver a speech on his decision to drop out of the 2024 race on Wednesday. “I’m going to be on the road and I’m not going anywhere,” Biden said over the phone, his voice still hoarse from Covid. “I won’t be on the ticket, but I am still going to be fully, fully engaged. Prime-time Oval Office addresses from the president are rare. Biden is the first president in more than a generation to decide not to seek a second term.

Persons: Joe Biden, Biden, Harris, “ I’m, ” Biden, I’ve, I’m, ” Harris, Donald Trump, Lyndon B Organizations: Washington CNN, White Locations: Rehoboth Beach , Delaware, Covid, Vietnam

☆ Treasury yields slip as investors weigh state of economy
▼ + stars: | 2024-07-23 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was down by over one basis point to 4.2427%. The yield on the 2-year Treasury was last over one basis point lower to 4.5105%. U.S. Treasury yields were slightly lower on Tuesday as investors considered the outlook for the U.S. economy ahead of key data slated for the week. Investors awaited the latest economic data as they assessed the state of the U.S. economy and what this could mean for monetary policy decisions by the Federal Reserve. Markets are not expecting interest rates to be cut then but are anticipating clues about a timeline for monetary policy being loosened.

Persons: Jerome Powell Organizations: Treasury, U.S, Investors, Federal Reserve, Richmond Fed, Fed, Traders Locations: U.S

Its price target implies more than 30% upside. Analyst Stephen Bersey also slashed his price target for the stock to $302 from $388. The financial firm reiterated its overweight on the technology titan and Magnificent Seven member and increased its price target to $485 from $465. The bank upgraded shares of the doughnut maker to buy from hold, while standing by its target price of $14. The bank upgraded the shoe company to overweight from equal weight and raised its price target to $80 from $60.

Persons: CrowdStrike, Morgan Stanley, Stephen Bersey, Bersey, Lisa Kailai Han, Piper Sandler, Brent Bracelin, Bracelin, — Lisa Kailai Han, Peter Christiansen, Christiansen, Sorabh Daga, McDonald's, Daga, Fred Imbert Organizations: CNBC, HSBC, HSBC downgrades CrowdStrike, Guggenheim, Microsoft, Microsoft Cloud, Citi Locations: CrowdStrike, U.S, Monday's

☆ Track and field at the 2024 Olympics: World-record watch, schedule and how to watch
▼ + stars: | 2024-07-23 | by ( Mark Puleo | ) www.nytimes.com time to read: +11 min

AdvertisementThat makes track and field by far the most contested sport at the Olympics. Men’s shot put: Behind Duplantis, American Ryan Crouser has a case for the world’s most dominant athlete in track and field. She broke her own record for the fourth time with a time of 50.65 seconds in June at the U.S. Olympic trials. Hocker’s winning time of 3:30.59 broke the trials record by 3.5 seconds and showed he has the world-class fitness to mix it up at Paris. She withdrew from the Jamaican Olympic Trials and later revealed she was dealing with an Achilles injury.

Persons: Duplantis, Florence Griffith, Jamaica’s Shericka Jackson, America’s Gabby Thomas, Jackson, Thomas, Men’s, Ryan Crouser, He’s, Joe Kovacs, Jonathan Edwards ’, Jordan Díaz, Jaydon Hibbert, Sydney McLaughlin, Levrone, Femke Bol, Bol, Marita Koch, Karsten Warholm, Rai Benjamin, Benjamin, Sha’Carri Richardson, Noah Lyles, tucking “ Yu, Quincy Wilson, Yared Nuguse, Cole, Nuguse, Norway’s Jakob Ingebrigtsen, Josh Kerr, Hocker, Hocker’s, Nikki Hiltz, Grant Holloway, Freddie Crittenden, Daniel Roberts, Elaine Thompson, Thompson, Joyner, Mu, Dave Wottle, Yulimar Rojas, She’s, “, reina, Kelvin Kiptum, Eliud Kipchoge, Kiptum, Kipchoge, Tim Clayton, Corbis Organizations: Summer, LSU, Xiamen Diamond League, Los Angeles Grand Prix, Arkansas, NCAA, SEC, U.S, Team USA, NBC, Telemundo, Universo, Olympic, Jamaican Olympic Trials, Griffith, reina del, Kenyan, Getty Locations: Paris, Spain, U.S, Netherlands, East Germany, American, Tokyo, USA, salto

☆ Why Trump shouldn't be president, according to Elon Musk's old tweets
▼ + stars: | 2024-07-23 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

But the mercurial billionaire was once a skeptic — and very vocal about why he thought Trump shouldn't govern the US. Back in July 2022, Musk criticized Trump after the former president called him a "bullshit artist" during a rally in Alaska. Musk later said in a follow-up post the same day that having Trump as president would result in "too much drama." Musk would go on to host DeSantis' campaign launch on X in May 2023, which was riddled with technical glitches and delays. The pair got closer this year, eventually culminating in a full-throated endorsement of Trump from Musk after Trump survived a failed assassination attempt on July 13.

Persons: —, Elon, Donald Trump's, Trump, Musk, Ron DeSantis, DeSantis, Reid Hoffman, Vinod Khosla, Vance, Vinod, Vance LFG, Jordan Peterson, it's, we've, @jordanbpeterson Organizations: Service, Business, Trump, Gov, Biden, Musk, Democratic Party, Republican Party, BI Locations: Alaska, Florida, United States of America, Gigafactory Texas

☆ Biden's withdrawal from the presidential race spells uncertainty for the 'Trump trade'
▼ + stars: | 2024-07-22 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Joe Biden's withdrawal from the 2024 presidential race is causing market uncertainty. Analysts now expect more market volatility after Biden pulled out of the race. AdvertisementUS President Joe Biden's withdrawal from the presidential election is throwing fresh uncertainty into the markets for a second straight week. Investors were already trying to position themselves for the so-called "Trump trade" following the failed assassination attempt on former President Donald Trump on July 13. Markets at large were relatively calm following Biden's withdrawal after the Trump trade gripped sentiment last week.

Persons: Joe Biden's, Trump, Biden, —, Donald Trump, Mark Haefele, Jim Reid, Kyle Rodda, Harris, Chris Weston, Pepperstone, Kamala Harris, Biden's, Haefele Organizations: Service, Trump, Republican, UBS Global Wealth Management's, Nasdaq, Treasury, Deutsche Bank, Democrats, Democratic Party, Democratic, UBS

☆ Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer
▼ + stars: | 2024-07-22 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Ryanair said Monday that it expects airfares during the busy summer travel season to be “materially lower” than last year as the low-cost carrier reported a plunge in profits. Europe’s biggest airline by passenger numbers, comparable in size to Delta Air Lines in the United States, said its average fare fell nearly 15% in the April-to-June quarter from the same period in 2023, to €41.93 ($45.65) from €49.07 ($53.42). Ryanair (RYAAY) attributed that dip in the first quarter of its financial year, in part, to the timing of the Easter break this year, some of which fell over March. The airline previously thought fares would be “flat to modestly up,” he added. Ryanair reported a 46% fall in profits in the first quarter of the year, to €360 million ($392 million), despite a 10% rise in the number of passengers.

Persons: ”, Michael O’Leary, Neil Sorahan Organizations: London CNN, Ryanair, Europe’s, Delta Air Lines, “, British Airways, Boeing, Alaska Airlines, Delta Locations: United States

☆ Energized Democrats quickly consolidate around Harris
▼ + stars: | 2024-07-22 | by ( Eric Bradner | ) edition.cnn.com time to read: +9 min

Democratic congressional leaders had remained quiet so far — but there were signs that could soon change. Massachusetts Rep. Katherine Clark and California Rep. Pete Aguilar, the second- and third-ranking House Democrats, endorsed Harris on Monday morning. The Clintons, in a statement Sunday, endorsed Harris; Obama did not, deferring to the party’s process. In those phone calls, Harris made clear that while she was grateful for Biden’s endorsement, she planned to earn the Democratic nomination in her own right. Longtime Democratic operative Donna Brazile said that she was in the process of gathering delegates to support Harris.

Persons: Kamala Harris, Donald Trump, Harris, Lauren Hitt, —, West Virginia Sen, Joe Manchin, Andy Beshear, North Carolina’s Roy Cooper, California’s Gavin Newsom, Pennsylvania’s Josh Shapiro, South Carolina —, Ohio Sen, Sherrod Brown, Massachusetts Sen, Elizabeth Warren, Alexandria Ocasio, Katherine Clark, Pete Aguilar, Joe Biden’s, Biden, She’d, Harris —, Barack Obama, Bill Clinton, Hillary Clinton, Obama, Amos Brown III, — Harris ’, “, ”, Harris ’, Donna Brazile, ” Brazile, Muriel Bowser, Joyce Beatty, Jasmine Crockett, Manchin, ” Manchin, Eric Adams, ” Adams, jockeying, Beshear, JD Vance, JD Vance ain’t, ” Beshear, Vance, “ JD Vance, ’ ” Beshear, isn’t, ” Cooper, I’m, Ebony Davis, Aaron Pellish, MJ Lee, DJ Judd, Eva McKend Organizations: CNN, Democratic Party, Democratic, West Virginia, Congressional Black Caucus, Congressional Hispanic Caucus, Congressional Progressive Caucus, Service Employees International Union, American Federation of Teachers, Convention, South Carolina, New York Rep, Massachusetts, California Rep, Howard University, Congressional, Texas Rep, Democratic National Convention, CBS News, New York, New York City Democratic, MSNBC, Republican, North Carolina Locations: North, Tennessee, North Carolina, South, Ohio, Massachusetts, Alexandria, Cortez, California, Washington, DC, Chicago, West Virginia, New York City, Kentucky

☆ 10-year Treasury yield falls as investors look to key data in week ahead
▼ + stars: | 2024-07-22 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was down by over three basis points to 4.2077%. The 2-year Treasury yield was last less than one basis point lower to 4.5043%. U.S. Treasury yields were lower on Monday as investors awaited key economic data slated for the week and markets considered the latest U.S. political developments. Investors looked ahead to key data due this week that is set to provide fresh hints about the state of the economy and could inform the Federal Reserve's decision-making when it comes to monetary policy. According to CME Group's FedWatch tool, traders were last pricing in an around 96% chance of a September rate cut.

Persons: Joe Biden, Kamala Harris Organizations: Treasury, U.S, Federal, White, Democratic

Learn moreThe US version of Big Brother is back, and things are already heating up just one week in. Keep reading to learn where to watch Big Brother, including a free streaming option for Season 26. The US version is just one of many global iterations of Big Brother to crop up following the franchise's first Dutch installment in 1999. Where to watch Big Brother in the USNew episodes of Big Brother air on Sundays, Wednesdays, and Thursdays at 9 p.m. Check price at FuboWhere to watch Big Brother in CanadaWhile Canada has its own Big Brother, it's currently in the offseason.

Persons: Big, Julie Chen Moonves, they're, it's, you'll, They're, ExpressVPN Organizations: Business, CBS, Paramount, Showtime, NFL, Nickelodeon, Comedy Central, BET, MTV, Global, Global TV Locations: Canada, Canadian

CNN —Within minutes of President Joe Biden endorsing Vice President Kamala Harris to replace him on the Democratic Party’s ticket on Sunday, the internet crackled with lies, altered photos and other misleading claims about Harris. Some supporters of former President Donald Trump – the Republican nominee in the November election – even suggested Biden was the victim of a coup. Meanwhile, a slew of slickly edited pro-Harris videos quickly proliferated on social media as her backers tried to capitalize on the moment. Biden’s likeness was also exploited in the aftermath of his announcement, which came via a post on social media and not televised address. Harris’ team has also embraced a viral post from British pop singer Charli XCX that referred to Harris as “brat,” a concept that includes women and queer empowerment.

Persons: Joe Biden, Kamala Harris, Harris, Donald Trump –, –, Biden, slickly, ” Erik Nisbet, Elon Musk, Alexander Soros, megadonor George Soros, Soros, Musk, Jeffrey Epstein, people’s, Harris ’, Charli, Kremlin mouthpieces, Volodymyr Zelensky, ”, “, ” Joseph Bodnar, they’re, Shane Huntley Organizations: CNN, Democratic, Republican, Democratic Party, Northwestern University’s School of Communication, Trump, PBS, Kremlin, Biden, Google Locations: India, Jamaica, British

Let us show you everything you need to know about where to watch a free Hungary F1 live stream wherever you are in the world. How to watch free Hungary GP live streams with a VPNSign up for a VPN if you don't have one. For example, the first week's live race lasted about 92 minutes, and I timed the actual race highlights section of the show at 72 minutes. How to watch F1 Hungary live stream in the USESPN is covering the remaining Formula 1 races this season. Check price at FuboHow to watch Hungary F1 live stream in the UKWant a free option?

Persons: We've, Norris, we've, you'll, ExpressVPN, it's, FuboTV Organizations: Business, Red Bulls, RTL2, Hungary F1, ESPN, Hungary, Sky Sports, Sky, Premier League Locations: Verstappen, Hungary, ORF1, Austria, Belgium, Luxembourg, TV's

Below, we've outlined everything you need to know about how to watch Paul vs. Perry from anywhere. How to watch Paul vs. Perry in the US & CanadaThe Paul vs. Perry fight will be available on DAZN in the US and Canada. ET, but the Paul vs. Perry main event ring walk won't begin until around midnight. Check price at DAZNHow to watch Paul vs. Perry in the UKDAZN is also the home of Paul vs. Perry in the UK. How to watch Paul vs. Perry from anywhereThe Paul vs. Perry card will be available through DAZN in more than 200 countries, with a comprehensive pricing breakdown available here, which means that you'll most likely be able to tune in.

Persons: Jake Paul's, Mike Tyson, tonight's, Mike Perry, Paul, Perry, Jake, It's, ExpressVPN, Jake Paul, Amanda Serrano, Stevie Morgan, Lucas Bahdi, Tony Aguilar, Corey, Julio Cesar Chavez Jr, Uriah Hall, Natasha Spence, Women's, Julio Solis, Alexis Chaparro, Kevin Hill, Angel Barrientes, Edwin Rodriguez, Ariel Perez, Dane Guerrero Organizations: Business, Amalie Arena, UFC, US, & Canada, Paul Locations: Tyson, Tampa , FL, DAZN, Canada, North America

☆ Global tech outage hits financial services companies, including Charles Schwab
▼ + stars: | 2024-07-19 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Amid a widespread global IT outage, some investors were experiencing disruptions on Friday at financial services companies, including Charles Schwab , one of the country's largest brokerage firms. The issues stem from a faulty software update from cybersecurity company CrowdStrike, which affected businesses worldwide, including airlines, banks and media outlets. CrowdStrike CEO George Kurtz said the company is "actively working with customers impacted by a defect found in a single content update for Windows hosts." A banner across Charles Schwab's website said "certain online functionality may be intermittently slow or unavailable," noting that phone services may be disrupted with "longer than usual hold time." Charles Schwab did not immediately respond to CNBC's request for comment.

Persons: Charles Schwab, George Kurtz, Charles Schwab's Organizations: Windows, Finance, Education Department

While stock market holidays also apply to the bond market, the bond market's early closures differ. ET) November 29, 2024 Christmas Day December 25, 2024Bond market holidays 2024The bond market has slight variations in trading hours and holidays/early closures. Its pre-market trading hours are from 4 to 8 a.m., its regular hours are from 8 a.m. to 5 p.m. ET) March 28, 2024 Good Friday March 29, 2024 Day before Memorial Day (closes at 2 p.m. ET) May 26, 2024 Memorial Day May 27, 2024 Juneteenth Holiday June 19, 2024 Day before Independence Day (closes at 2 p.m.

Persons: Martin Luther King, Jr, we've Organizations: SoFi Invest, Stock, Independence, Peoples Locations: U.S, 1p.m

☆ What to know if you’re traveling this weekend amid the global tech outage
▼ + stars: | 2024-07-19 | by ( Cnn Staff | ) edition.cnn.com time to read: +10 min

Here’s what to know if you’re planning to travel this weekend. David J. Phillip/APUS-based carriers American Airlines, United Airlines, Delta Air Lines, Allegiant Airlines, SunCountry and Frontier Airlines all reported issues on Friday. Crews have limits on their working hours, so staffing challenges cascade along with flight delays. That all depends on the type of ticket you have, the airline you’re flying with and whether you have travel insurance (which is always a good idea). If you’re set to travel soon, wherever you are in the world, it’s worth double checking your individual journey status before you travel.

Persons: What’s, It’s, CrowdStrike, David J, Phillip, Cirium, it’s, William Sikora III, you’re, ” Lousson Smith, Aaron Chown, Trenitalia Organizations: CNN, Microsoft, United Airlines, American Airlines, Delta Air Lines, Allegiant Airlines, Frontier Airlines, Federal Aviation Administration, FAA, Ryanair, Air, Turkish Airlines, KLM Royal Dutch Airlines, AirAsia, Dubai, Philadelphia International, Berlin, Amsterdam’s, Edinburgh Airport, CNN Travel, EU, Insurance, Airlines, British Airways, National Rail, Washington , D.C, Washington Metropolitan Area Transit Authority, Metropolitan Transportation Authority, MTA Locations: Air France, Europe, ” Spain’s, Madrid, Barcelona, Delta, –, London's Victoria, London, Italy, Washington ,, New York

☆ Delta, United and American Airlines flights grounded due to communication issue, FAA says
▼ + stars: | 2024-07-19 | by ( Jessie Yeung | ) edition.cnn.com time to read: +1 min

CNN —All flights from several major US airlines – including Delta, United and American Airlines – were grounded Friday morning due to a communication issue, according to the Federal Aviation Administration. The ground stop impacts all flights from the airlines, regardless of their destination, said the FAA. It’s unclear how long the ground stop will last, though the FAA suggested an update would be available by 5 a.m. Their grounding comes after a significant Microsoft outage brought Frontier Airlines to a standstill for hours on Thursday – though the ground stop for those airlines has since been lifted. The FAA also announced Friday morning all Allegiant flights would be grounded.

Persons: Frontier, SunCountry Organizations: CNN, American Airlines, Federal Aviation Administration, FAA, Microsoft, Frontier Airlines Locations: Delta, United, United States

☆ Treasury yields rise as investors weigh rate outlook
▼ + stars: | 2024-07-19 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was up by over one basis point to 4.2000%. The 2-year Treasury yield was last less than one basis point higher to 4.4706%. U.S. Treasury yields were higher on Friday as investors considered the path ahead for interest rates after the latest comments from Federal Reserve officials. Investors digested remarks from Fed policymakers made throughout the week as they weighed the potential path ahead for interest rates. Fed Chairman Jerome Powell also this week said that rate cuts would begin before inflation reaches the 2% target.

Persons: Mary Daly, we're, Daly, Christopher Waller, Jerome Powell Organizations: Treasury, U.S, Federal Reserve, San Francisco Fed, Fed

☆ Which airports and airlines have been affected by the outages?
▼ + stars: | 2024-07-19 | by ( Cnn Staff | ) edition.cnn.com time to read: +8 min

All flights for US airlines United Airlines, Delta Air Lines, and American Airlines were grounded early on Friday, with the Federal Aviation Administration (FAA), citing communication issues. Passengers and airline pilots wait at Newark International Airport after United Airlines and other airlines grounded flights because of a worldwide tech outage. Jaipur International AirportJaipur International Airport has confirmed that “flights nationwide” have been affected by the outage. Incheon International Airport, SeoulSouth Korea’s Incheon International Airport said Air Premia, Eastar Jet and several other airlines had been affected. Taoyuan International Airport, TaiwanTaiwan’s Taoyuan International Airport said several airlines at the airport had been impacted.

☆ Earnings plus key reports on economic growth and inflation put the consumer in focus next week
▼ + stars: | 2024-07-19 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The consumer will be in focus next week as investors head into the thick of earnings season and await some major macroeconomic reports. So far, just 14% of S & P 500 companies have reported earnings results. As one strategist noted, Wall Street is about to get insight into the economy from more than half the broad market index. The thick of earnings Earnings season is off to a strong start. Credit card company Visa will be reporting next week after American Express' results this week suggested inflationary pressures have reached the higher-end consumer.

Persons: Russell, We're, Terry Sandven, Sherwin, Williams, Charles Ashley, Read, Ashley, We've, It's, Lockheed Martin, Kimberly, Clark, General, Philip Morris, Lamb Weston, Northrop, Rowe Price Organizations: Federal, Nvidia, U.S, Bank Asset Management, Nasdaq, Dow Jones, Whirlpool, Catalyst Funds, Visa, American Express, Google, Commerce, FactSet, Fed, Chicago, Verizon, Richmond Fed, Enphase Energy, Capital, Texas, Williams, Comcast, General Motors, United Parcel Service, Philip Morris International, GE Aerospace, PMI, O'Reilly, Grill, Business Machines, Vegas Sands, Ford Motor, Technology, NextEra Energy, GE, . Kansas City Fed Manufacturing, American Airlines, CBRE, Valero Energy, Hasbro, Tractor Supply, Northrop Grumman, Southwest Airlines, Honeywell International, Norfolk Southern, Rowe Price Group, Myers Squibb, Colgate, Palmolive Locations: —, Freeport, McMoRan, Vegas, . Kansas, Michigan, Bristol

Analyst Didier Scemama reiterated his buy rating and kept his $1,406 12-month price target on the stock, which implies shares can jump 50.8%. She noted that Palo Alto, which is up 12.5% year to date, continued to soar even as growth in cybersecurity-tied AI winners slowed. "However, consensus expects a sharp reacceleration in dollar growth from FY26 onwards, which we view as unlikely," the analyst added. "We view Palo Alto more defensive as it is skewed to a stickier customer base and a wider moat." — Pia Singh 5:45 a.m.: Baird upgrades elf Beauty There's a big buying opportunity in elf shares, according to Baird.

Persons: Baird, Morgan Stanley, Didier Scemama, Scemama, — Pia Singh, Dan Dolev, Dolev, Nina Marques, Marques, Palo, Morgan, Alex Straton, Straton, Mark Altschwager, Altschwager, — Fred Imbert Organizations: CNBC, Bank of America, of America, CMD, Mizuho, Mizuho Securities, Walmart, Palo Alto Networks, Palo, Palo Alto, Trump Locations: U.S, Palo Alto, Wednesday's, cybersecurity, China

☆ Treasury yields tick higher as markets digest comments by Fed officials
▼ + stars: | 2024-07-18 | by ( Katrina Bishop | ) www.cnbc.com time to read: +2 min

The yield on the 10-year Treasury was trading around 4.1672% at 2:20 a.m. The yield on the 2-year Treasury was also 2 basis points higher at 4.4524%. U.S. Treasury yields moved higher on Thursday as investors digested a range of comments by Federal Reserve officials and what they could mean for interest rates. It comes as traders increasingly bet on a September interest rate cut by the Federal Reserve, with a reduction in July now seen as highly unlikely. Earlier this week, Federal Reserve Chair Jerome Powell said interest rates would likely be cut before inflation reaches 2%.

Persons: Christopher Waller, John Williams, Thomas Barkin, Jerome Powell, you've, Powell, Dow Jones, —, Jeff Cox Organizations: Treasury, U.S, Federal Reserve, Federal, York Fed, Wall Street Journal, Richmond Fed, Deutsche Bank, Economic, of Washington D.C

☆ Warner Bros Discovery (basically) admits its merger didn't work
▼ + stars: | 2024-07-18 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

That's basically the pitch the management of Warner Bros. Discovery is floating to investors today, via a story in the Financial Times: "A dramatic plan to split its digital streaming and studio businesses from its legacy television networks." And would the money from those declining networks be enough to service all that debt? Apple, most notably, inquired about buying HBO way back when its parent company was called Time Warner. If WBD can't split the company the way it's supposedly proposing now, it will end up selling off assets (maybe CNN?

Persons: That's, WBD, I've, hasn't, Pimple Popper, HBO hasn't, Jessica Reif Ehrlich, Rich Greenfield, you'll, it's, Time Warner, David Zaslav —, Donald Trump, he's, Zaslav Organizations: Service, Warner Bros, Financial, Business, HBO, Max, CNN, Netflix, Big Tech, Apple, Time, Sun, Paramount

Search resuls for: "et,"

25 mentions found