Bloomberg Business

A rally in stocks faded as bond yields climbed after a strong manufacturing report offset optimism with jobs data signaling the Federal Reserve is close to ending its tightening cycle.

In the boardrooms of Corporate America, one big fear has been palpable for more than a year now: That surging interest rates are set to wipe out earnings, cap stock prices and kill off investment.

Dell Technologies Inc. rallied 21%, reaching a record high, after reporting better-than-expected sales of personal computers and data center hardware, fueling hopes of a recovery in the market for corporate technology.

Dollar General Corp. is quickly losing fans on Wall Street after cutting its profit forecast for a second straight quarter as the discount retailer faces increased competition while economic pressure builds on consumers.

Prime Minister Justin Trudeau’s government requested a “pause” on trade talks with India in the last month, as the Canadian leader prepares to travel to New Delhi for the Group of 20 leaders’ summit.

The super PAC supporting Ron DeSantis’s presidential bid has burned through cash but has little to show for it as polls unanimously show him trailing Donald Trump by wide margins.

Trade groups for the world’s biggest hedge funds and private equity firms are taking the US Securities and Exchange to court over new restrictions it placed on the industry last month.

Oil prices surged above $85 as a monthslong effort by OPEC+ to reduce supplies gripped the physical market and China showed a new resolve to bolster its economy, a key engine of global crude consumption.

A secret plan backed by tech billionaires to create a new city northeast of San Francisco is running into resistance — an indication of the long road ahead in a state where it’s hard to build almost anything.