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  • Business
    Reuters

    Analysis-Investors brace for 5% Treasury yields as US inflation worries mount

    As U.S. inflation worries grow, some investors are preparing for the 10-year U.S. Treasury yield to breach a 16-year high of 5% hit last October. Bond yields, which move inversely to prices, have climbed in recent weeks as signs of persistent inflation erode expectations for how deeply the Federal Reserve will be able to cut interest rates without further fueling consumer prices. Many investors are betting further weakness lies ahead for bonds.

  • Business
    Bloomberg

    Asian Tech Stocks Gain, Yen Drops on BOJ Rate Hold: Markets Wrap

    (Bloomberg) -- Asian technology shares rose following stellar earnings reports from Microsoft Corp. and Alphabet Inc. overnight. The yen weakened to a fresh 34-year low after the Bank of Japan kept its key interest rate unchanged.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityPlunging Home Prices, Fleeing Companies: Austin

  • News
    The Canadian Press

    Journalists critical of their own companies cause headaches for news organizations

    NEW YORK (AP) — This spring, NBC News, The New York Times and National Public Radio have each dealt with turmoil for essentially the same reason: journalists taking the critical gaze they deploy to cover the world and turning it inward at their own employers. Whistleblowing isn't unique to any industry. Yet the contrary outlook baked into many journalists — which can be a central part of their jobs — and generational changes in how many view activism have combined to make it probable these sort

  • News
    The Canadian Press

    ‘The movement will persist’: Advocates stress Weinstein reversal doesn’t derail #MeToo reckoning

    NEW YORK (AP) — #MeToo founder Tarana Burke has heard it before. Every time there’s a legal setback, the movement is declared dead in the water. A legal success, and presto, it’s alive again. So Burke, who nearly two decades ago coined the phrase “Me too” from her work with sexual assault survivors, found herself again declaring after New York's highest court on Thursday overturned Harvey Weinstein’s 2020 rape conviction: The #MeToo reckoning is greater than any court case. It’s still there, and