Treasury yields jump on prospect of U.S. having to refund tariff money; 30-year yield tops 4.97%
U.S. Treasury yields were higher on Tuesday as investors looked ahead to a key jobs report on Friday and monitored the latest tariff developments.
Kraft Heinz to split into two companies
The deal will reverse much of the $46 billion merger envisioned by Warren Buffett’s Berkshire Hathaway and private equity firm 3G Capital.
Crypto.com and Underdog partner to offer sports prediction markets
Underdog will partner with Crypto.com to offer sports prediction markets in 16 states, the first tie-up involving an online sports gaming operator.
Brent oil futures climb 2% as Russia flows, U.S. policies in focus
Investors are mulling the fate of Russian oil supplies amid Ukraine war escalations and the impact of U.S. trade policies on key crude consumers.
Political ad spending expected to hit new record, surpassing 2022 midterms by 20%
Advertising and marketing company AdImpact projects this midterm season to be the most expensive on record for political ads, surpassing 2022 by 21%.
Euro zone inflation rises to hotter-than-expected 2.1% in August
Economists polled by Reuters had expected the rate to remain unchanged from July, at 2%.
Nestle touts CEO ousting as ‘generational shift’ — here’s what that means for the stock
The Swiss food giant axed chief executive Laurent Freixe following a probe into an “undisclosed romantic relationship.”
Why being cautious investors in September may be justified. Here’s what the data shows
Even after a positive August, historical performance suggests the coming weeks could be challenging.
Last orders at the bar? British pubs face closures as cost pressures rise
The pub is a central part of British life but many are facing closures as costs rise.
European markets set for flat open as sentiment wavers; inflation data ahead
European stocks are expected to open around the flatline on Tuesday as tariff uncertainty causes global markets to waver.