U.S. government debt prices were lower on Friday morning, as investors closely monitored flash readings of purchasing managers’ index data for further clues about the pace of the economic recovery. At around 2:15 a.m. ET, the yield on the benchmark 10-year Treasury note was higher at 0.6525%, while the yield on the 30-year Treasury bond was
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July was a whirlwind for international students in the United States. On July 6, 2020,the U.S. Immigration and Customs Enforcement agency, also known as ICE, announced that foreign students would have to leave the country if their colleges and universities went online-only for the fall semester because of the coronavirus pandemic. A little over a week later the decision was reversed
U.S. government debt prices were higher Thursday morning after the Federal Reserve revealed concerns about the uncertainty of the country’s economic recovery. At around 1:50 a.m. ET, the yield on the benchmark 10-year Treasury note was down at 0.6590% and the yield on the 30-year Treasury bond fell to 1.3935%. Yields move inversely to prices. Minutes released Wednesday from the
The Federal Open Market Committee expressed concern at their last meeting over the future of the economy, saying that the coronavirus likely would continue to stunt growth and potentially pose dangers to the financial system. At the July 28-29 session, the Federal Reserve’s policymaking arm voted to keep short-term interest rates anchored near zero, citing
U.S. government debt prices were higher Wednesday morning as investors awaited the release of the latest Federal Reserve minutes, while monitoring developments on a new coronavirus relief bill in Washington. At around 1:50 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at 0.6590% and the yield on the 30-year Treasury bond was down at 1.3788%. Yields
Postmaster General Louis DeJoy said Tuesday that he is suspending certain changes at the U.S. Postal Service until after the 2020 election in order to “avoid even the appearance of any impact on election mail.” DeJoy, whose sweeping cost-cutting measures at USPS have raised alarms about widespread mail delays that could impact the November race,
Global Latin pop legend and entrepreneur Gloria Estefan has told CNBC she is facing some hard business decisions in her home state of Florida, as it continues to battle the coronavirus crisis. The international music icon also said the U.S. had suffered from a “a serious lack of leadership” in its handling of the pandemic
In mid-July, a series of high-profile Twitter accounts began spamming the same messages asking users to send them bitcoin. Apple, Uber, Joe Biden and Elon Musk— the accounts affected were some of the most well-known brands and names on the planet. The culprit? A 17-year-old from Florida stands accused of being the mastermind behind the
Evelyn Gosnell is considering a Covid-19 test ahead of a camping trip. Evelyn Gosnell Evelyn Gosnell and some friends are planning a camping trip next month for a birthday celebration. Gosnell, a Bay Area-based behavioral scientist in her 30s, said the group has agreed to quarantine for two weeks ahead of the trip to reduce
People walk by a T-Mobile store in San Francisco, California Justin Sullivan | Getty Images Earlier this summer, players of a T-Mobile Tuesdays giveaway contest took to Reddit to discuss a strange discovery: The company in certain weeks gave away tens, sometimes hundreds, of thousands of dollars in gift cards, prizes and cash to winners. In one
A pedestrian wearing a protective face mask walks past the Centers for Disease Control and Prevention (CDC) headquarters in Atlanta, Georgia, on Saturday, March 14, 2020. Elijah Nouvelage | Bloomberg via Getty Images The U.S. Centers for Disease Control and Prevention clarified on Friday that its updated quarantine guidance does not imply people who are
WASHINGTON —The Pentagon is forming a new task force to investigate UFO sightings that have been observed on several occasions by U.S. military aircraft. The creation of the Unidentified Aerial Phenomena Task Force, or UAPTF, continues an effort begun in recent years to investigate unexplained aerial incidents encountered by the U.S. military. “The Department of Defense established
TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. Dado Ruvic | Reuters President Donald Trump issued an executive order Friday that will force China’s ByteDance to sell or spin off its U.S. TikTok business within 90 days. “There is credible evidence that leads me to
The Fat Radish Source: Steve Freihon The Fat Radish was supposed to celebrate its tenth anniversary in October. But now, after months of uncertainty about its future, the restaurant known for its farm-to-table British food is shutting its doors forever, joining the scores of New York restaurants that have decided to close permanently. Operating a
Dr Anthony Fauci, director of the National Institute for Allergy and Infectious Diseases, testifies during a Senate Health, Education, Labor and Pensions (HELP) Committee hearing on Capitol Hill in Washington, U.S. Kevin Dietsch | Reuters If the U.S. allowed the coronavirus to spread unchecked in an attempt to try to achieve so-called herd immunity, the
Mark Zuckerberg, Chairman of Facebook, speaks on the second day of the 56th Munich Security Conference. The fight against propaganda campaigns and other attempts at manipulation costs Facebook billions every year. Tobias Hase | picture alliance | Getty Images Facebook on Thursday outlined the threats that the company is working to counter ahead of the
President Donald Trump said Wednesday the federal government is sending 125 million reusable face masks to school districts across the United States as schools consider whether it’s safe to reopen this fall amid the coronavirus pandemic. “We have to open up our schools and open up our businesses,” Trump said during a White House press
U.S. House Speaker Nancy Pelosi (D-CA) speaks to reporters during her weekly news conference on Capitol Hill in Washington, July 16, 2020. Tom Brenner | Reuters Democrats and the Trump administration are “miles apart” on the next round of coronavirus relief, House Speaker Nancy Pelosi said Wednesday, as the impasse in Washington threatens to send