NEW YORK, New York – A general easing of U.S. Treasury yields, including a dip below 5 percent for 10-year paper provided some relief for Wall Street Monday, despite a global sell-off. Nonetheless only the tech stocks finished in front. “Investors are of the opinion that the 10-year (Treasury yield) has peaked or is likely […]

COP28 will take stock of the step change in ambition needed, but the gulf in climate finance promises and realities presents an obstacle to a stronger action. Dubai’s COP28 coincides with many climatic firsts: Antarctic sea ice tracks at record lows and record sea surface temperatures continue apace while July was the hottest month ever […]

Republican Nikki Haley has called for a more belligerent foreign policy, including the elimination of Hamas Republican presidential candidate Nikki Haley has called for instilling fear in Washington’s foreign enemies by transforming the US Department of Defense into the “Department of Offense.” Speaking at a campaign event on Friday in Cedar Rapids, Iowa, Haley demanded […]

WASHINGTON – Uyghur Prisoners Forced Into Labor for Chinese Businesses in Xinjiang Uyghur inmates at Keriye Prison in Xinjiang endure grueling forced labor, toiling for extended hours in fields and factories, according to a report by Radio Free Asia. The labor benefits Chinese businessmen who lease the prison’s farmland and is also meant to reform […]

The ammunition will reportedly be rerouted to Israel ahead of an anticipated invasion of Gaza The US will give Israel tens of thousands of 155mm artillery shells that were originally set aside for Ukraine, Axios reported on Thursday. The Israeli military reportedly told the Pentagon that it needed the shells to prepare for a ground […]

NEW YORK, New York – An uptick in U.S. homebuilding triggered by increased demand for construction of new single-dwelling homes, pushed Treasury yields higher again Wednesday. The homebuilding data would normally boost stocks, however the accompanying rise in yields had sellers getting the upper hand. “We’re in a period of sector rotation, and people are […]

NEW YORK, New York – A spike in U.S. Treasury yields which saw 10-year notes hit 4.80 percent dented stocks on Wall Street Tuesday. Better-than-expected retail figures hit bond markets pushing yields higher and stocks lower. “It’s more the bond market driving the stock market at this point,” Chris Zaccarelli, chief investment officer of the […]

NEW YORK, New York – A rise in Treasury yields failed to deter investors and traders Monday as they weighed into Wall Street pushing the major indices solidly higher. There was optimism ahead of earnings reports, and the U.S. dollar eased after its recent relentless rise. “I really see a relief rally going on,” Lisa […]

KHAN YOUNIS, Gaza Strip – Water has run out at U.N. shelters across Gaza as thousands packed into the courtyard of the besieged territory’s largest hospital as a refuge of last resort from a looming Israeli ground offensive and overwhelmed doctors struggled to care for patients they fear will die once generators run out of […]

MARRAKECH, Morocco: The International Monetary Fund (IMF) has revised its growth projections, highlighting challenges facing the global economy, including uncertainties surrounding China and the eurozone, despite the resilience of the U.S. economy. In its latest World Economic Outlook, the IMF maintained its 2023 global real GDP growth forecast at 3.0 percent but reduced its 2024 […]