money Stocks and 10-Yr yield are at odds over where the economy is heading: Analyst
Tom Essaye - Sevens Report Founder and President weighs on on current market moves with Adam Shapiro and Julie Hyman on Yahoo Finance's On The Move.
Tom Essaye - Sevens Report Founder and President weighs on on current market moves with Adam Shapiro and Julie Hyman on Yahoo Finance's On The Move.
Foreign military forces cannot stay in the Maldives, president-elect Mohamed Muizzu told a rally celebrating his victory in closely watched weekend presidential elections that are expected to redraw ties with India and China. Muizzu, who beat incumbent President Ibrahim Solih in a second-round runoff on Saturday, is backed by a coalition known to be close to China, and championed an "India Out" campaign a few years ago, against a small unit of Indian military. "All the countries which agree to our pro-Maldives policy will be our close friends and allies," Muizzu told supporters at Monday's event.
For Bibikhawa Zaki, whose orange football boots match her headscarf, training on the pitch is the highlight of her complicated life.Bibikhawa Zaki trains with about 50 other young Afghan women at a club set up by her female compatriots in Vakhdat, about half an hour from the capital, Dushanbe.
Thailand will restore confidence in its critical tourism sector, officials said on Wednesday, a day after a shooting spree at a luxury shopping mall in which two foreigners were killed clouded hopes for a recovery in overseas visitors. The shooting came as new Prime Minister Srettha Thavisin is trying to bolster tourism, a key driver of Southeast Asia's second largest economy that has been slow to recover from the COVID-19 pandemic. China is vital to that effort as the biggest source of foreign visitors to Thailand in pre-COVID years.
Wearing a heat-protective coat with hood and a visor, Sergiy peered down into a glowing orange stream of searing liquid metal at Ukraine's Zaporizhstal steel plant.Zaporizhstal is part of the Metinvest steel and mining group controlled by Rinat Akhmetov, reportedly Ukraine's richest man.
Prosecutors in Taiwan have indicted two leaders of the island’s tiny Taiwan People’s Communist Party on accusations they colluded with China in an effort to influence next year’s elections for president and members of the legislative assembly. Party Chairman Lin Te-wang and Vice Chairman Chen Chien-hsin were accused on Tuesday of violating the Anti-Infiltration Act and the Civil Servants Election and Recall Act after having accepted funds and other benefits from China’s ruling Communist Party, the official Central News Agency said. It wasn’t clear whether the two men were in Taiwan when the indictments were issued.
Police say five people were injured in a shooting and all suffered non life-threatening injuries. Shelter in place remains in effect.
When Kevin McCarthy worked with Democrats on a debt ceiling deal, it was the beginning of the end of his speakership in the House for his party hardliners.
In a schoolroom, young Liberians take it in turns to draw an image expressing what they fear most as they become eligible to vote for the first time.Liberians will vote in presidential and parliamentary elections on Tuesday, in what the main political parties have pledged will be a peaceful process.
Despite quickly escalating tensions between Hindus and Muslims, the night passed peacefully after a lockdown was imposed and security heightened in a city in southwest Nepal, officials said. Trouble began in the regional hub city of Nepalgunj over the weekend after a Hindu boy posted a status about Muslims on social media. Muslims protested the status inside the region’s main government administrator’s office building, burned tires on the streets and blocked traffic.
Novartis Chief Executive Vas Narasimhan called the moment "historic", saying in a statement that Sandoz started out from a position of strength as a global leader in the area of generics and biosimilars. The firm initiated the long-awaited spin-off following mounting pricing pressures in the U.S. off-patent drug sector.
Shifting weather patterns caused by climate change are limiting when controlled burns can be carried out to prevent wildfires in the western United States, a new study warns.While the study only covers the western United States, wildfires have ravaged areas from Greece to Indonesia this year.
Thailand's prime minister on Wednesday vowed "preventive measures" after a shooting at a Bangkok shopping mall left two people dead and raised fresh questions about the kingdom's gun control.The Siam Paragon shooting came just days before the anniversary of a massacre at a nursery in northern Thailand that left 36 people dead.
Flights were canceled and schools were closed in parts of Taiwan on Wednesday as the island braced for strong winds and downpours brought by Typhoon Koinu. At least 93 flights were canceled at airports across the island on Wednesday, according to the Civil Aviation Administration. The Maritime and Port Bureau said 96 ferry trips had been canceled, according to the Central News Agency.
French President Emmanuel Macron said last week his government would "take back control" of electricity prices by the end of the year, without spelling out what steps he would take. His comments come as European Union countries are negotiating a reform of how power prices are calculated across the bloc of 27 countries, all struggling to adapt to the supply shock triggered by the war in Ukraine. Two sources with knowledge of France's position say Macron's comments raise the prospect that Paris could introduce its own price mechanism if it doesn't get its way in EU talks that could come to a head in October.
Cleanup of areas destroyed in the Maui wildfires could end up being one of the most complex to date, federal officials said, given the island's significant cultural sites, its rich history including a royal residence and possibly remains of people who died in the disaster. The EPA expects to hand over responsibility later this month or in November to the U.S. Army Corps of Engineers, which will oversee removing the remaining debris over the next six to 12 months. “This will be the most complex fire response to date,” said Corps’ debris subject matter expert Cory Koger, who since 2017 has responded to cleanups of seven wildfires sites including the Paradise, California fire that killed 85 people and destroyed 19,000 structures as well as several others in Oregon, Colorado and New Mexico.
Rep. Nancy Pelosi, a former House speaker, said temporary speaker Patrick McHenry notified her that she must move out of her hideaway office "immediately."
Three Filipino fishermen died in the disputed South China Sea after their boat was accidentally hit by a passing commercial vessel, the Philippine coast guard said Wednesday. The fishermen’s boat, F/B Dearyn, was moored in a fishing area in the high seas off the northwestern Philippines when it was hit before dawn on Monday by the passing vessel and capsized, killing its skipper and two crew members. Three other fishermen survived, the coast guard said without elaborating.
House Republicans will gather Oct. 11 to hold internal elections to nominate a replacement. Here are some Republicans to watch — as speaker candidates or influencers in the battles
Kaitlyn Adkins is studying law to help families in her community impacted by the opioid epidemic at the heart of West Virginia coal country. The first-generation college graduate said she wouldn’t be able to finish law school without access to reliable daycare. Providers say millions of children and their families are now at risk of losing that vital service.
A deadly shooting in a Bangkok mall allegedly by a 14-year-old has again exposed Thailand’s gun violence problems, with police selling firearms onto the black market and a youth culture that celebrates weapons among the driving factors."This leads to a dangerous status quo in which some cops sell their discounted guns onto the black market for profit," Picard said.