10-year Treasury yield holds above 1.65% following lower than expected jobless claims data
The 10-year U.S. Treasury yield held above 1.65% on Thursday, after jobless claims data came in better than expected.
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Southwest Airlines trims flights again to manage staffing crunch
Southwest said flight cancellations in October cost it $75 million as it grappled with understaffing.
Biden's support is fading as concerns over the economy and Covid grow, CNBC survey finds
Just 41% of the public approve of Biden's handling of the presidency, compared with 52% who disapprove.
Oversight board condemns Facebook for withholding information on how it moderates VIPs
The cross-check system, revealed by The Wall Street Journal through leaked documents, shields VIP users from standard content moderation procedures.
Amazon warehouse workers on Staten Island to file for union election
Should the NLRB approve their request, it would kick off the second unionization vote at an Amazon warehouse in less than a year.
Jobless claims fall again as enhanced pandemic benefits fade away
First-time filings for unemployment insurance totaled 290,000 for the week ended Oct. 16, down 6,000 from the previous period.
Microsoft's new $1,500 folding phone is a huge improvement from last year
The Surface Duo 2 has better hardware and works a lot better than last year, but it's still a very niche phone.
Twitter buys chat app founded by a serial entrepreneur who sold his first start-up to Yahoo when he was 17
Twitter announced that it has acquired a chat app called Sphere, which was co-founded by British serial entrepreneur Nick D'Aloisio.
Spotify begins allowing more creators to upload podcasts as it continues to embrace video
Spotify wants its podcasts to be more than just background noise.
Trump announces social media platform launch plan, SPAC deal
Former President Donald Trump is launching his very own media network, which will include a social media platform in order to "stand up to the tyranny of Big Tech."
Tesla posts record revenue and profits in third quarter
Tesla reported earnings after the bell. Here are the results.
FDA clears Moderna and J&J Covid vaccine boosters, allows 'mix and match' shots
The FDA authorized Covid vaccine booster shots made by J&J and Moderna, another critical step in distributing extra doses to tens of millions of people.
Tesla will change the type of battery cells it uses in all its standard-range cars
The move is likely a way for Tesla to increase profit margins on its vehicles, while not necessarily having to raise vehicle prices.
'Squid Game' has been watched by two-thirds of all Netflix users but hasn't moved the needle on U.S. subscribers
Netflix added just 70,000 subscribers from the U.S. and Canada in the third quarter and less than 1 million in the last 12 months.
IBM shares drop on weaker-than-expected quarterly revenue
IBM expects to spin out its managed infrastructure services unit early next month, CEO Arvind Krishna said in a statement. The move should boost revenue growth.
Free community college, corporate tax hikes in peril as Democrats try to win votes for Biden's economic plan
Democrats could cut free community college, a renewable energy program and tax hikes on corporations and the wealthy from their economic plan.
Sen. Warren, other Democrats revive legislation to crack down on private-equity buyouts
Democrats on Wednesday reintroduced private-equity legislation that represents one of the largest crackdowns on the industry in decades.
Sen. Blumenthal asks Mark Zuckerberg to testify about Instagram's impact on kids
Blumenthal said it is "urgent and necessary" for Zuckerberg or Instagram chief Adam Mosseri to testify in order "to set the record straight."
10-year Treasury yield hits 1.67%, its highest point since mid-May
The 10-year U.S. Treasury yield hit 1.67% late on Tuesday night, its highest point since mid-May, as strong corporate earnings boosted economic sentiment.
WHO warns of rise in Covid cases across Europe for third consecutive week as restrictions are eased
There were more than 1.3 million Covid cases reported across the continent over the week ended Sunday, a 7% jump from the prior seven days.
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