10-year Treasury yield climbs past 4.7% as oil nears $100
Treasury yields rose Thursday as a jump in crude prices revived inflation concerns tied to Middle East tensions.
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Stocks
Cyclospora outbreak puts Kennedy’s food safety agenda under pressure
A multistate cyclosporiasis outbreak is testing HHS Secretary Robert F. Kennedy Jr.’s pledge to strengthen food oversight and rebu...
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AARP pushes back on Senate plan to speed Social Security overhaul
The senior advocacy group says the PROMISE Act would rush Social Security changes as benefit cuts loom in the 2030s.
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White House official says Moonshot used Nvidia chips barred from China
The claim puts Nvidia’s AI hardware back at the center of U.S.-China tech controls as Chinese models close the performance gap.
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Houthis say they hit Saudi oil tankers as Red Sea risk lifts crude
Saudi Arabia confirmed one tanker was struck in the Red Sea, while U.S.-Iran hostilities added pressure to oil markets.
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Skyroot rocket test puts India in private orbital launch race
The GIC- and BlackRock-backed space startup plans commercial launches in 2027 after a test flight carrying a 350-kilogram payload.
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Eli Lilly moves retatrutide obesity filing to early 2027
Lilly says two more late-stage trials support retatrutide, but manufacturing and quality-control data will push its obesity filing...
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Comcast’s NBCUniversal gains stand out as broadband keeps shrinking
Peacock turned profitable for the first time, while Comcast’s broadband business lost more customers ahead of a planned company sp...
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EU fines Google $1 billion in first DMA penalty against company
The European Commission said Google favored its own search services and restricted app developers from steering users to outside o...
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Gold and silver rebound, but analysts question the staying power
Precious metals rose this week after a selloff, though ING, BofA and UBS analysts warned that macro pressure could limit the recov...
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CXMT crypto contract points to a $425 billion valuation before Shanghai IPO
A pre-IPO derivative tied to China’s ChangXin Memory Technologies is trading far above the chipmaker’s official listing valuation.
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Galderma says weight-loss drugs are lifting aesthetics demand
CEO Flemming Ørnskov told CNBC that rising GLP-1 use is feeding growth in Galderma’s fillers, wrinkle treatments and collagen prod...
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