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Business · United StatesThe Vanguard Long-Term Treasury ETF VGLT was down a sharp 2% on Thursday afternoon. The iShares 20+ Year Treasury Bond ETF TLT sank 2.2%, according to FactSet data. Ten-year yields were up 1.7% at last check.See the Story
ETFs that buy long-term Treasury bonds drop sharply after Fed signals higher for longer rates
100% Center coverage: 2 sources
Travere Therapeutics shares plunge as kidney-disease treatment has mixed results in trial
100% Center coverage: 2 sources
BusinessDavid Brooks, a columnist for the New York Times, took to social media to express his dismay over food prices. Social-media sleuths took notice and went on the hunt for this meal. Does it really cost $78 for a burger and fries? Even at the airport?See the Story
New York Times columnist David Brooks gets roasted online after $78 airport meal post
Coverage: 2 sources
BusinessGuy LeBas, chief fixed income strategist at Janney, annotated Jerome Powell's press conference with GIFs from the Simpsons. MarketWatch has recreated LeBas's inspiring analysis, clip by clip via Giphy, also using the transcript of the press conference as generated by the Wall Street Journal.See the Story
The Jerome Powell press conference, as expressed through Simpsons GIFs
100% Center coverage: 1 sources
Elon Musk · United StatesSpaceX countersued the Department of Justice (DOJ) to try and stop a case from proceeding that alleged the company engaged in discriminatory hiring practices against refugees and those granted asylum in the U.S.
See the Story
SpaceX countersues in bid to block Justice Department hiring discrimination suit
64% Center coverage: 11 sources
BusinessInvesco's chief fixed-income strategist says interest-rate hikes are making a recession more of a threat. "We are increasingly worried about a recessionary environment," Rob Waldner says. Waldner's comments come despite what Fed officials said earlier in the day about their forecast for a soft landing.See the Story
A recession is an 'increasing worry' for Invesco, despite what the Fed is saying
100% Center coverage: 1 sources