Stocks fell at the open Tuesday as the 10-year Treasury yield spiked following retail sales data and bank earnings, raising concerns over more rate hikes. Investors are also keeping an eye on tensions in the Middle East and its potential effect on global markets.
Share:
More In Business
WeWork Files for Bankruptcy
WeWork officially has filed for bankruptcy.
What You Need to Know About VA Loans
With interest rates high, housing inventory low and Veterans Day just around the corner, Cheddar News took a look at how the current market is impacting those who served and continue to serve our country. Patton Gade, national director of military lending with UMortgage, explains how a VA loan works, its benefits and what's involved in the process of purchasing a home.
Stocks Mixed After Last Week's Rally
Stocks were mixed in Tuesday's early session as Wall Street came off a strong rally last week.
Fortnite Maker Accuses Google of Bullying and Bribing to Block Competition to Its Android App Store
Google on Monday confronted the second major U.S. antitrust trial in two months to cast the internet powerhouse as a brazen bully that uses its immense wealth and people's dependence on one of its main products to stifle competition at consumers' expense.
Hilton Grand to Buy Bluegreen Vacations
Hilton Grand said it's in the process of purchasing Bluegreen Vacations in a $1.5 billion deal.
Walt Disney Names PepsiCo Exec. Hugh Johnston as CFO
Walt Disney Co. named former PepsiCo veteran Hugh Johnston as its new chief financial officer.
PlayStation 5 Slim Will be Available Friday
The PlayStation 5 Slim will be reportedly released on Friday.
Shopping for the Best TVs for 2023
With the holiday season approaching, many are in the market for a new TV. Cheddar News breaks it all down.
Stretching Your Dollar: Making the Most of Your Reward Credit Cards
Credit card usage is sure to tick up ahead of the holiday season. With cashback, airline miles and points to be earned, reward credit cards could give you a bonus. Grant Gallagher, associate vice president and head of financial well-being with Affinity Federal Credit Union, spoke with Cheddar News about why it's important to take advance of those rewards.
