Industry News

How high could interest rates go? Where analysts see the 10-year yield headed next

An eventual flight to safety in bonds will come about if the benchmark Treasury yield rises above 5%, economists and others say.

Source: Top News and Analysis (pro) | 3 Oct 2023 | 4:23 pm

In rare interview, J&J CEO Joaquin Duato opens up about Baby Powder cancer lawsuits and the future of Kenvue

J&J CEO Joaquin Duato's interview on Baby Powder cancer lawsuits, Kenvue, and the COVID vaccine.

Source: Fortune | FORTUNE | 3 Oct 2023 | 4:22 pm

A daily cup of tea could help improve blood sugar. Experts say one type offers the most benefits

The special type of fermented tea may mimic the effects of a class of a relatively new class of diabetes drugs called SGLT-2 inhibitors, like Jardiance.

Source: Fortune | FORTUNE | 3 Oct 2023 | 4:18 pm

IBM's CEO says 'the first thing you can automate is a repetitive, white-collar job,' but he's not cutting workers: 'I'll get more'

Arvind Krishna maintains that AI will create more jobs than it kills, warning not to “mistake productivity with job displacement.”

Source: Fortune | FORTUNE | 3 Oct 2023 | 4:15 pm

Something is breaking in financial markets — Here's what's behind the sell-off

The pain of recognition was acute for Wall Street on Tuesday, with major averages down sharply across the board.

Source: Top News and Analysis (pro) | 3 Oct 2023 | 4:02 pm

Sam Bankman-Fried got a haircut, and everything else we learned on the first day of the FTX founder’s trial

A haircut, a commodities trader, and "discussions" of a plea deal that never materialized for the former FTX CEO.

Source: Fortune | FORTUNE | 3 Oct 2023 | 3:44 pm

Paris declares war on bedbugs—and so far the bedbugs are winning

The infestation has become a major political issue in France, which is hosting the summer Olympics next year.

Source: Fortune | FORTUNE | 3 Oct 2023 | 3:18 pm

A fresh haircut and ready for court: Day one of Sam Bankman-Fried's criminal trial

Former crypto titan Sam Bankman-Fried faces charges of fraud and money laundering related to the collapse of his crypto exchange, FTX.

Source: Top News and Analysis (pro) | 3 Oct 2023 | 3:10 pm

Afraid of getting turned down when you apply for your next credit card?

These six steps can boost your approval odds when you apply for your next credit card.

Source: Fortune | FORTUNE | 3 Oct 2023 | 3:08 pm

Goldman analysts say these stocks have the most upside — including 3 expected to double

Analyst David Kostin outlined several stocks that Goldman thinks have the most upside based on the firm's target price.

Source: Top News and Analysis (pro) | 3 Oct 2023 | 2:52 pm

FDA authorizes updated Novavax Covid vaccine as Pfizer, Moderna shots roll out in U.S.

Health officials see Novavax's protein-based vaccine as a valuable alternative for people who don't want to take messenger RNA shots from Pfizer and Moderna.

Source: Top News and Analysis (pro) | 3 Oct 2023 | 2:44 pm

Your phone will make an alarming noise Wednesday at 2:20 p.m. ET unless you turn it off first

It's only a test from the Federal Emergency Management Agency.

Source: Top News and Analysis (pro) | 3 Oct 2023 | 2:17 pm

Meta's news partnership head Campbell Brown is leaving the company

Campbell Brown, Meta's top executive responsible for handling the company's partnerships with news publishers, is leaving the company after seven years.

Source: Top News and Analysis (pro) | 3 Oct 2023 | 1:42 pm

Commerce Department partners with major VC firms encourage startups to be “responsible” in AI use

The effort, led by General Catalyst, expands an effort to encourage responsible AI that was previously focused on Big Tech firms.

Source: Fortune | FORTUNE | 3 Oct 2023 | 1:25 pm