Author: Steve Kopack

Mortgage rates are at their highest point in nearly three years as turmoil in the bond market continues.

A California judge on Wednesday formally approved Paramount Skydance’s settlement with California and other states, the final hurdle required for it to close its $110 billion takeover of Warner Bros.

Stocks fell on Monday alongside jumps in both bond yields and the price of oil as geopolitical upheaval remained front and center for traders.

Key U.S. Treasury yields surged to fresh two-decade highs Thursday, as the price of oil returned to $105 per barrel.

The United States and China agreed to extend their trade truce, which was set to expire in November, through January 10, Treasury Secretary Scott Bessent said.

The yields on U.S. Treasury bonds surged Wednesday as oil prices also climbed.

Oil prices fell sharply fell for a fifth straight trading session, reaching a two-week low on hopes of a renewed diplomatic push to end the Iran war and optimism over the reopening of a critical pipeline in Saudi Arabia.

Tech stocks surged Monday, with the Nasdaq 100 recording its single best day since early August as a wave of euphoria swept over the markets.

U.S. gas prices approached their highest level of the year Friday, after the national average rose another 3 cents overnight.

Warren Buffett is stepping down as chairman of Berkshire Hathaway, after more than 60 years guiding the firm that turned him into a household name for millions of investors worldwide.

U.S. stock indexes rose sharply Thursday morning after the Federal Reserve hiked interest rates in a bid to rein in rising inflation.

The Federal Reserve on Wednesday raised its benchmark interest rates for the first time since 2023, in a move aimed at slowing inflation.