Stocks are wavering between small gains and losses in the early going on Wall Street as weakness in technology companies is offset by strength in banks and other sectors. The S&P 500 was off 0.1% in the first few minutes of trading Monday. Other indexes were mixed. Trading has been choppy in recent weeks as investors fret over a sudden spike in long-term interest rates in the bond market. The S&P 500 is coming off its first weekly gain in three weeks. Bond yields were moving higher again, and the yield on the 10-year Treasury note rose to 1.59%.
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BEIJING (AP) — Midway through its annual session, China’s ceremonial parliament is focusing on boosting the economy, building self-reliance in technology and further squeezing room for political opposition in Hong Kong. The weeklong meeting of the National People’s Congress, which rubber stamps policies approved by the Communist Party leadership, provides a window into government priorities.
TOKYO (AP) — Asian shares were mixed Monday, as some indexes were lifted by hopes for a gradual global recovery after the U.S. economic relief package passed the Senate over the weekend.
CANBERRA, Australia (AP) — Australia has suspended its defense cooperation with Myanmar and is redirecting humanitarian aid because of the military takeover of the government and ongoing detention of an Australian citizen.
Wall Street capped a volatile day of trading Friday with a broad rally that snapped the market's three-day losing streak.
WASHINGTON (AP) — America's job market delivered a burst of strength in February. It lifted hopes that the rollout of viral vaccines, the distribution of federal aid and the increasing willingness and ability of consumers to go out and spend will invigorate the economy as the weather warms up.
BRUSSELS (AP) — A first phone call Friday clinched the first trade breakthrough to start rebuilding trans-Atlantic relations between the United States and the European Union in the wake of the Trump presidency.
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NEW YORK (AP) — Interest rates keep marching higher, and Wall Street keeps shaking because of it.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell suggested Thursday that inflation will pick up in the coming months but that it would likely prove temporary and not enough for the Fed to alter its record-low interest rate policies.
Excerpts from recent editorials in the United States and abroad:
WASHINGTON (AP) — The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.
LONDON (AP) — The U.S. agreed Thursday to suspend millions of dollars' worth of tariffs on U.K. exports including Scotch whisky as part of an effort to resolve a long-running trans-Atlantic trade dispute over aerospace subsidies.
LONDON (AP) — Outlawed Loyalist paramilitary groups in Northern Ireland say they are temporarily withdrawing their support for the historic 1998 peace accord because of the disruption caused by new post-Brexit trade rules.
Asian shares fell Thursday, tracking a decline on Wall Street as another rise in bond yields rattled investors who worry that higher inflation may prompt central banks to raise ultra-low interest rates.
WASHINGTON (AP) — A Federal Reserve survey of business conditions across the United States has found that economic activity was expanding at a modest pace in February.
WASHINGTON (AP) — The Senate Finance Committee easily approved President Joe Biden's pick to be America's top trade negotiator.
MEXICO CITY (AP) — Mexico’s Senate passed an electrical energy bill that favors government-owned generating plants that largely run on fossil fuels Tuesday, putting renewable and private plants at the back of the line for purchasing power.
BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street rose as a wave of investor concern about possible higher interest rates receded.
WASHINGTON (AP) — As President Joe Biden looks to dismantle the last administration’s hardline immigration agenda, he worked Monday to build a partnership with someone who found an unexpected understanding with Donald Trump: Mexican President Andrés Manuel López Obrador.
CHARLESTON, W.Va. (AP) — Two U.S. senators from states with declining manufacturing sectors are pushing to invest $8 billion through tax credits to create clean energy jobs.
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)
TOKYO (AP) — Asian shares rose Monday on hopes for President Joe Biden's stimulus package and bargain-hunting after sell offs last week.
NEW YORK (AP) — With the nation's financial system on the brink of collapse, all but three Republicans voted against the massive stimulus package designed to protect millions of Americans from financial ruin.
