The yield on the 10-year Treasury bond slipped to 1.55 percent, a signal that some investors were seeking the safety of government debt.
U.S. Commerce Secretary Wilbur Ross said Monday morning on FOX Business that the U.S. government will extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers.
Revlon Inc. could be in for a company makeover. The cosmetics company is looking into “strategic transactions involving the Company and third parties” with the help of an “external financial advisor,” according to an SEC filing from Thursday.
Despite the stock market’s recent selloff, Bullard sees no need to panic about the U.S. economy.
Shares of big industrial corporations led the day's gainers, while the yield on the 10-year Treasury jumped off historic lows.
Warren Buffett made a couple of tweaks during the second quarter to Berkshire Hathaway’s $198 billion stock portfolio.