Treasury yields ease and stocks rise after inflation report wasn’t as bad as expected
Asian stock markets are trading higher due to optimism surrounding artificial intelligence and computer chips. This growth persists despite ongoing concerns regarding the war in Iran.
NEW YORK (AP) — Some of the pressure that’s ballooned in the bond market is easing after a report said inflation across the United States wasn’t as bad last month as economists expected. The better-than-expected data Wednesday helped Treasury yields pull back a bit, a day after the 10-year Treasury yield touched its highest level […]
READ NEXT
More on the wire
AI TLDR
Seattle Mariners chairman John Stanton has expressed embarrassment regarding the team's performance, prompting discussions about potential future changes.
AI TLDR
Alki Beach and the Don Armeni Boat Ramp will end their summer operating hours tonight. Starting tomorrow, Alki Beach will extend its closing time to 11:30 pm, while Don Armeni will return to 24-hour operation.
AI TLDR
The family of a man fatally shot by police during a mental health crisis has filed a $30 million claim against Seattle. The claim alleges that officers used excessive force.