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economy
What strong jobs data means for rates — plus, an out-of-favor trade shines this week
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
WBNA Commissioner Cathy Engelbert to retire at the end of 2026
Engelbert oversaw a period of unprecedented growth for the WNBA, but has faced criticism from players over her leadership.
CNBC
2-year yield rises to highest since January 2025 after hot jobs report boosts expectations that the Fed could raise rates
Treasury yields rose as the hot jobs report along with sticky inflation may give the Fed more cover to hike interest rates in September.
CNBC
Here are our top 10 things to watch in the stock market Friday
Bond yields jumped and stocks dipped after a strong August jobs report.
CNBC
Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries
Higher prices come as Ukraine pounds Russian refineries, forcing Moscow to ban diesel exports.
CNBC
The big business of personal protection: How private security became a $50 billion industry
Private security spending and guard employment have climbed as companies and communities respond to high-profile attacks, even as violent crime falls.
CNBC