Treasury Yields Rise as Jump in Oil Adds to Inflation Fears
Treasuries slid on concern a rally in oil will keep inflation elevated and put pressure on the Federal Reserve to go on raising interest rates. • None UBS to…
Source: biztoc.com
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Tesla Deliveries Rise to Record After Slashing Prices on EVs
Tesla Inc. delivered 422,875 cars worldwide in the first quarter, setting a record after it cut prices to appeal to consumers buffeted by rising interest…
Source: biztoc.com
Investor Fears Over Inflation, Growth Reignited by OPEC+ Move
Just as investors put the banking crisis in the rear-view mirror, OPEC+’s unexpected output cut has reignited fears of more persistent consumer cost pressures…
Source: biztoc.com
US Stock Futures Fall, Yen Weakens as Oil Rallies: Markets Wrap
US equity futures slipped and the yen weakened as traders rushed to recalibrate for renewed inflationary risks after OPEC+ announced a surprise oil production…
Source: biztoc.com
UBS to Slash Staff Up to 30%; Prosecutors Look at CS Deal
UBS to Slash Staff Up to 30%; Prosecutors Look at CS Deal (Bloomberg) -- UBS Group AG will cut its workforce by between 20% and 30% after completing its…
Source: biztoc.com