Junk bonds are high-risk, high-yield bonds issued by companies with lower credit ratings. These bonds are also known as speculative-grade bonds or high-yield bonds, as they offer a higher rate…
The daily RRG for US sectors is showing an interesting picture. Out of all 11 sectors, only four are on a negative trajectory. Industrials is inside the lagging quadrant at…
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Job growth totals 236,000 in March, near expectations as hiring pace slows
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Nonfarm payrolls rose about in line with expectations in March as the labor market showed increased signs of slowing. The Labor Department reported Friday that payrolls grew by 236,000 for…
The FBI recently warned consumers against using free public charging stations, saying crooks have managed to hijack public chargers that can infect devices with malware, or software that can give…
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More than 200 drugmakers led by Pfizer blast Texas judge’s abortion pill decision
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More than 200 biopharma groups, which include a number of drugmakers led by Pfizer, have signed an open letter blasting the decision by Texas federal Judge Matthew Kacsmaryk to issue…
Economy
Senate Democrats demand Chief Justice Roberts open investigation into Clarence Thomas over ‘misconduct’
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Senate Democrats are demanding Supreme Court Chief Justice John Roberts open an investigation into Justice Clarence Thomas over what they decry as his ‘misconduct’ detailed in a ProPublica report published…
Economy
Pete Buttigieg’s husband asks Bud Light boycotters if they plan to protest water after trans controversy
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Chasten Buttigieg, Transportation Secretary Pete Buttigieg’s husband, snapped back at Americans boycotting Anheuser-Busch’s decision to make transgender activist Dylan Mulvaney the star of one of its latest Bud Light commercials.…
Economy
In Maine, jury to decide fate of $1B hydropower transmission project rebuked by voters
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A battle over a $1 billion transmission line that won all regulatory approvals only to be rebuked by state residents in a referendum now comes down to nine regular folks.…
Tennessee state Rep. Justin Jones, one of two Black Democratic lawmakers expelled last week from the GOP-led statehouse, is being sent back to the Legislature. The Nashville Metropolitan Council voted…
Economy
US very ‘confident’ it can protect interests in South China Sea as China surrounds Taiwan
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The U.S. is very confident it can protect American interests in the Indo-Pacific as the Chinese military surrounds Taiwan, the White House said Thursday. National Security Council spokesperson John Kirby…