US Treasuries are supposed to be the steady part of the portfolio, insulated from the stock market’s daily drama. But by one measure, the swings in bond prices are expected to keep exceeding those for equities by the most in at least 18 years.
With Ecuador now under siege by organized crime gangs headquartered in violent prisons, presidential candidate Daniel Noboa is suggesting a centuries-old fix: Move the worst offenders into floating jails.
Kaiser Permanente labor leaders said a tentative agreement with the company includes a 21% wage increase over four years, provisions to protect workers from outsourcing, and streamlined training and hiring practices to help boost staffing.
TAB Gida, the operator of Burger King in Turkey, has received approval to sell shares at Borsa Istanbul, potentially making it the largest Turkish initial public offering in dollar terms since 2018.
Family and friends were ringing Avshalon Haran’s mobile phone for hours on Oct. 7 before a stranger abruptly answered in broken Arabic-accented Hebrew. “Kidnapped, kidnapped, Gaza,’’ the man said. Then the line went dead.
Chicago Mayor Brandon Johnson is counting on tourists and residents spending more to have fun, take ride shares and stay in hotels to help plug a half-billion-dollar deficit in next year’s budget.
Citigroup Inc. trimmed headcount by another 2,000 jobs in the third quarter, bringing the firm’s total severance charges for the year to $650 million.
The rout in the US government bond market can be attributed to the absence of all of its anchors, according to Mohamed El-Erian.
The Republican race for the US House speakership has become a bitter battle for the future of the GOP between Trumpist hardliners and the party’s establishment.
The US said North Korea had delivered arms to Russia for use against Ukraine and condemned the move, saying it would further Vladimir Putin’s war and lead to the deaths of more civilians.
