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The 10-year Treasury yield returned above 4.6% to end the holiday week

Treasury yields were slightly higher early Friday after a mixed set of weekly jobless claims data. The return on the benchmark 10-year Treasury was 3 basis points higher at 4.607%, down slightly from its peak earlier in the week but back above the 4.6% level not breached since May. The 2-year treasury was marginally higher […]

The 10-year Treasury yield returned above 4.6% to end the holiday week Read More »

South Korea votes to impeach current President Han Duk-soo

South Korea has voted to impeach its current president, Han Duk-soo, two weeks after parliament voted to impeach its president, Yoon Suk-yeol. A total of 192 MPs voted to impeach him, more than the 151 votes needed for him to succeed. Prime Minister Han took over after President Yun was removed from parliament following his

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Woman accusing Jay-Z, Sean (Diddy) Combs of rape can remain anonymous for now, judge says

An Alabama woman who says she was raped by Jay-Z and Sean (Diddy) Combs when she was 13 can continue anonymously for now in her lawsuit against the rap moguls, a judge ruled Thursday. In her written order, Judge Analisa Torres also chastised the attorney representing Jay-Z for what she described as his combative suggestions

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Larry Ellison has had a breakout year as Oracle’s biggest profit since the dot-com boom

Larry Ellison and Monica Seles and Bill Gates (back row) watch as Carlos Alcaraz of Spain plays against Alexander Zverev of Germany in their quarterfinal match during the BNP Paribas Open in Indian Wells, California on March 14, 2024. Clive Brunskill | Getty Images It was a good year for Larry Ellison. The Oracle co-founder

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Russia warns against “hypotheses” about the crash of Azerbaijan Airlines

Emergency crews at the scene of the plane crash in Kazakhstan The Russian government has warned against promoting “hypotheses” about the cause of the crash of a Russia-bound passenger plane that killed 38 people in Kazakhstan on Wednesday. Footage of the shattered fuselage appears to show shrapnel damage and some aviation experts suggest the Azerbaijan

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Prayers, tears mark 20th anniversary of Indian Ocean tsunami that killed an estimated 230,000

People began gathering in prayer on Thursday, visiting mass graves in Indonesia’s Aceh province to mark 20 years since the deadly Indian Ocean tsunami, one of the worst natural disasters in modern history. Many wept openly at the mass grave in the village of Uli Leue, where more than 14,000 unidentified and unclaimed victims of

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Dozens survive passenger plane crash in Kazakhstan

Dozens of people have died after a passenger plane with 69 people on board crashed in Kazakhstan, local authorities said. Kazakhstani authorities said 38 people died in the crash and the rest survived. Azerbaijan Airlines flight J2-8243 caught fire during an emergency landing attempt near the Kazakh city of Aktau. The plane was traveling to

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Pope urges world to lay down arms and “overcome divisions” in Christmas message

Pope Francis, in his traditional Christmas message on Wednesday, urged “all people of all nations” to find courage this Holy Year to “silence the sounds of guns and overcome the divisions” plaguing the world, from the Middle East to Ukraine, Africa to Asia. The Pope’s “Urbi et Orbi” (to the city and the world) address

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American Airlines has temporarily suspended flights due to a technical issue

American Airlines planes stand at their gates at Miami International Airport on October 25, 2024. in Miami, Florida. Joe Riddle | Getty Images American Airlines briefly suspended its U.S. flights Tuesday morning due to a technical issue that halted travel during what carriers expect to be a period of record holiday demand. By 7:55 a.m.

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