Aug 14 Dow slumps 800 points as bond yield spooks investors By Stan Choe, Alex Veiga, Associated Press The yield on the closely watched 10-year Treasury fell so low Wednesday that, for the first time since 2007, it briefly crossed a threshold that has correctly predicted many past recessions. Continue reading
Aug 14 Facebook paid contractors to transcribe users’ audio clips By Mae Anderson, Rachel Lerman, Associated Press Companies say the practice helps improve their services. But users aren't typically aware that humans and not just computers are reviewing audio. Continue reading
Aug 14 Treasury yields invert, stoking fears of possible recession By Associated Press Yields on 2-year and 10-year Treasury notes inverted early Wednesday, a market phenomenon that shows investors want more in return for short-term government bonds than they are for long-term bonds. Continue reading
Aug 13 U.S. delays tariffs on some Chinese goods, drops others By Paul Wiseman, Christopher Rugaber, Associated Press The United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese imports from its target list altogether. Continue reading
Aug 13 Survey: Trade war dims Americans’ view of China By Paul Wiseman, Associated Press Sixty percent of Americans say they have an unfavorable view of China — up from 47 percent last year. Continue reading
Aug 12 Column: Why these unique Medicare Advantage plans are poised for popularity By Philip Moeller Medicare medical savings accounts permit people to receive fee-for-care health services anywhere in the U.S. Continue reading
Aug 08 U.S. long-term mortgage rates fall sharply By Associated Press U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016. Continue reading
Aug 06 Global stocks rebound as China eases up on currency By Pan Pylas, Associated Press The more buoyant tone follows a big sell-off Monday, when stocks were hammered after the Chinese government allowed its currency to depreciate against the dollar and was accused by the U.S. Treasury Department of being a currency manipulator. Continue reading
Aug 06 China stabilizes currency but tensions with US remain high By Joe McDonald, Associated Press The move came a day after Beijing sent financial markets tumbling by allowing the currency to fall to an 11-year low. Continue reading
Aug 05 U.S. Treasury Department labels China a currency manipulator By Paul Wiseman, Associated Press The decision, which came hours after President Donald Trump accused China of unfairly devaluing its currency, marks a reversal for Treasury: In May, it had declined to sanction China for manipulating its currency. Continue reading