More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Target CEO Brian Cornell apologized to customers for a disappointing weekend after the company experienced outages that shut down its cash registers and credit-card processors...Retailread more
American Airlines is ordering Airbus' new A321XLR, according to a source familiar with details of the agreement.Paris Air Showread more
Huawei CEO Ren Zhengfei tells CNBC the company's business is still strong in China.Technologyread more
The pilots union for Southwest Airlines says it will ask Boeing for compensation to cover legal costs and lost income for pilots due to the 737 Max grounding.Airlinesread more
Amazon announced an all-new Kindle Oasis on Wednesday morning with a feature that lets you adjust the screen to warmer tones for easier reading at night.Technologyread more
But BlackRock's global fixed income chief also says he doesn't think the Fed will announce a rate cut until July.Market Insiderread more
Panera Bread has been testing a menu specifically for dinner and plans to expand the pilot to a new market next month.Restaurantsread more
Beyond Meat's plant-based protein story holds appeal to the youngest generation of investors. But its shares, BYND, have done so well in such a short time that it may lead...Invest in You: Ready. Set. Grow.read more
Cresset Capital's Jack Ablin believes stocks could get rattled by a decision not to cut interest rates.Futures Nowread more
U.S. government debt yields slipped on Thursday amid trade discussion between the United States and its North American allies.
Canada has until Friday to join a trade deal made between the U.S. and Mexico, according to President Donald Trump. However, the president said he was confident an agreement between the two nations was within reach. "I think Canada very much wants to make the deal, " Trump told reporters on Wednesday. "It probably won't be good at all if they don't."
The yield on the benchmark 10-year Treasury note was lower at around 2.866 percent at 11:58 a.m. ET, while the yield on the 30-year Treasury bond was in the red at 3.009 percent. Bond yields move inversely to prices.
The Treasury Department auctioned $31 billion in seven-year notes Wednesday at a high yield of 2.844 percent, a day after it auction $37 billion in five-year notes and two days after selling $36 billion of two-year notes.
The sizable auctions represent the latest in a series of massive debt sales as the federal government seeks to fund higher budget deficits.
The Treasury plans to borrow $329 billion in the current July through September quarter, 74 percent higher than the $189 billion borrowed in the same quarter one year ago and the largest July to September amount since 2010.