• Yield curve inverts for first time since 2007 on global growth worries
Yield curve inverts for first time since 2007 on global growth worries

The yield on the benchmark 10-year Treasury note, which is used to set rates on mortgages and many other kinds of loans, fell to 2.45 percent from 2.54 percent late Thursday, a big move. The 10-year yield broke below the psychologically significant 2.5 percent level, and was last at 2.471 percent, its lowest since January 2018. Long-term Treasury...

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  • Levi Strauss worth $6.5bn in stock market return
Levi Strauss worth $6.5bn in stock market return

New York Stock Exchange traders swapped suits and ties for denim to mark the listing. To that end, Levi's set out on a mission seven years ago to become a world-class omnichannel retailer, Bergh said , adding that the company continues to invest in "knitting that seamless consumer experience together".

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  • $625 million dollar Powerball numbers to be picked Saturday night
$625 million dollar Powerball numbers to be picked Saturday night

The results were announced around 12:30 a.m. Powerball games start at $40 million and the payout increases each drawing until someone wins the jackpot. If so, you might want to buy a ticket for Saturday night's Powerball drawing, which is up to $625 million. Here's how the other matches work. Players pick six numbers from two separate pools of ...

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  • Levi shares soar as jeans retailer makes stock market return
Levi shares soar as jeans retailer makes stock market return

The company's IPO was priced at 17/share, and the shares (LEVI ) closed up 5.41 at 22.41 on the day. Levi's stands out from a string of tech companies - from Spotify to Dropbox - that have made their debuts in the public markets in recent months.

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  • CVS now selling CBD products in handful of states, including Indiana
CVS now selling CBD products in handful of states, including Indiana

Year-to-date, CVS has declined -11.74%, versus a 14.38% rise in the benchmark S&P 500 index during the same period. "Anecdotally, we've heard from our customers that have used those products that, gee, it's helped with pain relief for arthritis and other ailments", CVS Health CEO Larry Merlo told CNBC .

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  • Trump, GM CEO Mary Barra 'very aligned' on creating USA jobs
Trump, GM CEO Mary Barra 'very aligned' on creating USA jobs

Trump called GM CEO Mary Barra on Sunday to urge her to reverse the decision to end production at the OH plant, which is in a crucial state for the 2020 presidential election. We have now placed over 1,000 employees from our unallocated plants to other GM locations, and we have opportunities available for virtually all impacted employees", GM's F...

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  • WTI recedes from the $60.00 mark, 2019 highs
WTI recedes from the $60.00 mark, 2019 highs

But oil prices plunged more than 3 percent on Monday after, saying the the cost of crude is rising too much and urging the group to "please relax and take it easy". To keep the pressure on US shale oil producers, Saudi Arabia hit the United States with a huge oil export cut this year. Brent's key support is $67.74.

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  • Ford Investing $900 Million In Michigan To Build EVs, Self-Driving Vans
Ford Investing $900 Million In Michigan To Build EVs, Self-Driving Vans

With its $900 million investment, the company aims to create almost 900 incremental jobs by 2023. The plant is now used to make the Mustang and Lincoln Continental , vehicles that aren't produced in high volumes. “This is good news for the future of southeast MI, delivering more good-paying manufacturing jobs.”. MI auto workers will not buil...

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  • Facebook to overhaul 'discriminatory' ad targeting
Facebook to overhaul 'discriminatory' ad targeting

As part of five settlements totalling nearly $5m, Facebook has agreed to make major changes to its ad platform to curb discrimination against people when it comes to employment , housing and financial ads, according to Axios . Facebook said it is taking the concerns seriously and that it has hired civil rights law firm Relman, Dane & Colfax...

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  • Powerball Jackpot Expected To Hit $495 Million
Powerball Jackpot Expected To Hit $495 Million

The next drawing is Saturday night. The jackpot prize will be shared among winners in all POWERBALL states. There have been 22 consecutive drawings without a victor since a ticket sold in NY matched all six numbers in the $294 million Powerball jackpot drawing on December 26.

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  • European Union regulators fine Google €1.49 billion for blocking rival online search advertisers
European Union regulators fine Google €1.49 billion for blocking rival online search advertisers

The fine is for Google's activities in relation to AdSense between 2006 and 2016. In 2009, it is claimed the company began replacing these clauses with new requirements for publishers to reserve the most profitable space on their search results pages for Google's adverts.

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  • Slower US growth means no rate rise for 2019, says Fed
Slower US growth means no rate rise for 2019, says Fed

The Fed's outlook for rates, economic projections and balance sheet policy are "all more dovish than expectations", said TD Securities economist Michael Hanson. It said: "Recent indicators point to slower growth of household spending and business fixed investment in the first quarter". As we highlighted in our last note, the Federal Reserve is...

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  • With no victor, Powerball jackpot soars to $550 million
With no victor, Powerball jackpot soars to $550 million

Those tickets were sold in New Jersey , North Dakota and Pennsylvania . Tuesday's Mega Millions jackpot is $45 million after no one matched Friday's numbers of 3-29-56-62-64 Mega Ball 4 Megaplier 3x. "Spring is rolling in and the Powerball jackpot is growing", said David Barden, Powerball Product Group Chairman and New Mexico Lottery CE...

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  • Roundup weed killer a big factor in US man's cancer, jury finds
Roundup weed killer a big factor in US man's cancer, jury finds

Monsanto was initially ordered to pay $289m to Johnson, who has two young sons and in the end stages of his cancer, before the damages were reduced to $78.5m. Under Chhabria's order, the second phase would only take place if the jury found Roundup to be a substantial factor in causing Hardeman's non-Hodgkin's lymphoma.

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  • Musk defense
Musk defense "borders on the ridiculous", SEC tells court

The regulatory body ends the filing by asking the presiding judge to find Musk in contempt of the court order and forego a hearing, as there appears to be no dispute of material fact between Musk and the SEC. This is the latest development in an ongoing dispute between Musk and the SEC. Also on Monday, a lawyer for Musk responded to the SEC's ...

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  • Indian Jet pilots threaten to stop flying from April 1
Indian Jet pilots threaten to stop flying from April 1

However, as the civil aviation minister decided that the secretary will hold a meeting to discuss issues of advance bookings, cancellations, refunds, safety issues and grounding of flights by Jet Airways on Tuesday, the DGCA made a decision to cancel its meeting with airlines.

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  • Fisker teases Tesla Model Y competitor
Fisker teases Tesla Model Y competitor

The sculpted SUV will be offered with all-wheel drive with two electric motors, one in the front and one at the rear. Taking on the Tesla Model Y , when it goes on sale in a few years time, the as-yet-unnamed SUV promises cutting-edge technology along with around 300 miles of zero-emissions range, though we still have plenty of questions.

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  • Brother Mukesh Ambani steps in to spare Anil jail stay
Brother Mukesh Ambani steps in to spare Anil jail stay

The court had ordered Ambani and two RCom directors to pay Ericsson 4.5 billion rupees within four weeks or face a three-month jail term for contempt of court. As regulatory hurdles delayed the completion of his biggest deal, creditors such as Ericsson began tightening the noose and demanded past dues. Jio refused to make a commitment t...

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  • Trump to GM: Reopen Ohio plant, close one in Mexico or China
Trump to GM: Reopen Ohio plant, close one in Mexico or China

More than 3,300 hourly workers were laid off indefinitely, representing about 7 percent of GM's hourly US employees. Earlier in November, General Motors announced plans to cut 15,000 jobs and close manufacturing plants in Lordstown, plants in MI, and Ontario, Canada.

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  • Crude Oil Weekly Price Forecast - Crude markets break out
Crude Oil Weekly Price Forecast - Crude markets break out

International Brent crude oil futures were at $67.61 a barrel at 0054 GMT, up 6 cents, or 0.1 percent, from their last close. West Texas Intermediate settled down 9 cents at $58.52 per barrel, and Brent settled down 7 cents at $67.16 per barrel.

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