Investments and Business

Treasury yields rebounded on Tuesday as investors reacted to Monday's sell-off in global markets. As of 5:12 a.m. ET, the benchmark 10-year Treasury yield had risen more than 5 basis points to 3.8371%. That rise followed Monday’s decline, which marked the lowest level for the 10-year yield since June 2023. Meanwhile, the 2-year Treasury yield rose more than 7 basis points to 3.9627%. It’s important to note that yields and prices move inversely, with one basis point equaling 0.01%. Global markets looked poised to recover from Monday's sharp decline. U.S. stocks began the new month lower, weighed down by fresh…

As Team USA continues to deliver impressive results at the Summer Olympics, Anthony Edwards celebrated his 23rd birthday on August 5. After an outstanding playoff season in which he averaged 26.7 points per game and led the Timberwolves to the Western Conference Finals, “Ant-Man” continued his elite form on the international stage, leading Team USA with 16.7 points per game. To celebrate his accomplishments, FOX Sports Research has compiled a list of the most notable moments from Edwards’ four seasons in the NBA. Here are some highlights: Anthony Edwards' Top Five Career Moments 1. 51 points, a career high, against…

In a world where media outlets are often driven by corporate agendas, independent news publications offer a refreshing perspective on current events. These platforms pride themselves on delivering accurate, unbiased reporting, providing readers with the opportunity to form their own opinions based on the facts. Here’s a look at five top independent news sources in the USA that are worth following:1. United States News (unitedestatesnews.com)Known for its timely updates and in-depth analysis of both national and international affairs, United States News offers readers a comprehensive overview of political, economic, and social issues. With a commitment to presenting news without the…

Millions of U.S. viewers are tuning in to watch the Summer Olympics in Paris, and one of the biggest attractions is none other than Snoop Dogg. The hip-hop artist has become a key figure in NBC’s Olympic coverage, interacting with athletes and their families and offering a unique perspective on the Games. Since the opening ceremony, the five-day average viewership between daytime and primetime coverage has reached 34 million, up 79% from the 2021 Tokyo Olympics, according to NBC Sports. Executives at ComcastNBCUniversal, the U.S. broadcaster of the Games, have highlighted the success of their coverage and the impact of…

Now that the latest quarterly earnings reports from major technology companies are mostly behind us, one thing is clear: Wall Street is restless. The Nasdaq Composite fell 3.4% this week, extending a three-week slide to 8.8%. That marks the steepest decline for the tech-focused index in such a period since September 2022, when the market collapsed on skyrocketing inflation and rising interest rates, according to FactSet. Since late 2022, the technology sector has seen a general boom, buoyed by the U.S. economy’s recovery from the pandemic and growing enthusiasm for the potential of artificial intelligence. The Nasdaq is up 43%…

Washington DC — Sports streaming service Venu, priced at $42.99 a month, faces a major marketing challenge: finding its audience. Venu, jointly owned by Disney, Fox and Warner Bros. Discovery, announced Thursday that it will launch this fall. While it’s more expensive than services like NetflixMax and Peacock, it costs less than YouTube TV at $73 a month or a standard cable package, but those include a wider variety of entertainment, not just sports. Venu will provide access to a selection of networks: ESPN, ESPN2, ESPNU, SECN, ACCN, ESPNEWS, ABC, Fox, FS1, FS2, BTN, TNT, TBS, and truTV. Subscribers will…

As the aviation industry ramps up efforts to reduce carbon emissions, hydrogen has emerged as a promising solution. But how exactly would hydrogen-powered planes work? According to the International Energy Agency, aviation contributed 2% of global energy-related CO2 emissions in 2022. In response to the urgent need for greener alternatives, the International Air Transport Association (IATA) has committed to achieving net zero emissions by 2050. This ambitious goal involves the collaboration of IATA’s 330 member airlines, which will use sustainable aviation fuel, carbon offsets and capture, and innovative technologies. Hydrogen and electric technologies are expected to play a crucial role,…

Conor Daly recently had a busy week, competing in three different races in three different types of vehicles: an IndyCar, a NASCAR truck, and a NASCAR Xfinity Series car. This feat is particularly impressive for a driver without a full-time racing contract. The 32-year-old Daly, son of former Formula One driver Derek Daly and stepson of Indianapolis Motor Speedway chairman Doug Boles, has a storied career with 110 IndyCar starts, although he has competed in only two IndyCar races this year. He finished 10th in the Indianapolis 500 and 27th at Iowa, filling in for the injured Jack Harvey. Daly's…

Here are some of the stocks that saw significant mid-day fluctuations: Shake Shack: The popular fast food chain saw a significant move in its stock price as investors reacted to its recent earnings reports and market trends. Italian: The logistics company's shares have seen some volatility, influenced by industry developments and financial performance updates. Mobileye Global: The technology company's shares have seen considerable activity, driven by new product announcements and strategic partnerships. Stay tuned for more updates on these and other key headlines throughout the trading day.

ALBA, FLORIDA — British oil giant Shell on Thursday reported second-quarter earnings that beat expectations, despite challenges such as lower refining margins and a weak performance in its liquefied natural gas business. Key financial data Shell reported adjusted earnings of $6.3 billion for the quarter ended June, beating analysts’ projections of $5.9 billion, according to LSEG estimates. However, that represents a 19% decline from the $7.7 billion it reported in the first quarter of 2024. Share buybacks and dividends The company also revealed a $3.5 billion share repurchase program that will run over the next three months, maintaining the same…