US 30-year Treasury bond yields surged 18 basis points to 5.12%, reaching levels not seen since July 2007, surpassing spikes from the 2023 gilt crisis. This rise reflects a global bond market sell-off and growing concerns over the UK's government debt, which has ballooned to 150% of GDP from 85% in 2019. The sell-off also impacted emerging market equities, with the iShares Emerging Market Equities ETF dropping 4.2%, the largest decline since the war began. These developments highlight increased inflation risks and rising yields that traditionally pressure big tech and growth stocks, signaling potential volatility ahead for investors.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
