Key U.S. Borrowing Rate Rises to Highest Level Since 2007
The 10-year Treasury yield breached levels last seen in 2007, with intensifying worries about energy-driven inflation contributing to bond investors’ angst.
International
Business and economy news from other publishers, in Malaysia, the region and the world.
Anthropic co-founder: AI could spiral out of control
Anthropic co-founder: AI could spiral out of control
US borrowing costs hit highest level since 2007
The effective interest rate on US government bonds over 10 years, known as the 10-year Treasury yield, has risen as high as 5.04% but has eased back since.
The New Restaurant at the Public Theater Revives the Astor Family Name
The NoHo Hospitality Group reimagines the dining room at the Public Theater, Lana Lagomarsini serves up tasting menus at Creola and more food news.
Carney Pitches Canada as a Haven of Investment Stability in a Chaotic World
Prime Minister Mark Carney brought together in Toronto about 100 money managers overseeing much of the world’s wealth to promote Canada as an ideal place to invest.
With Emmys Haul, Apple Joins the Big Leagues of TV
The tech giant took home the most trophies this year, breaking the chokehold HBO and Netflix have had on the awards for more than two decades.
Stocks making the biggest moves midday: Skyworks Solutions, Axon, Dave & Buster's, Revvity & more
These are the stocks posting the largest moves midday.
Two Chinese Firms Used Binance to Launder Iranian Oil Money, US Says
Federal prosecutors said proceeds from the sale of Iranian oil flowed through Binance, the world’s largest crypto exchange, to finance terrorism.
Dangote refinery IPO sparks investor rush in Nigeria
The launch of the Dangote Petroleum Refinery and Petrochemicals’ initial public offering has triggered a rush among investors in Nigeria, with heavy traffic causing technical disruptions on some accredited digital investment platforms.
