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Texas judge declines to close Camp Mystic but bars construction on campus hit by flooding NBC NewsCamp Mystic victim's family asks a Texas judge to prevent the facility from reopening YahooCamp Mystic can't alter flood-damaged area while civil suit proceeds, judge rules The Texas TribuneEastlands appear in court for first time at Camp Mystic hearing San Antonio Express-News
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Top Fed Official, Wary of Inflation, Calls for Extended Rate Pause The New York TimesWith his war in Iran, Trump just made the next Fed chair's job even harder CNNFed's Miran Says He Still Wants Rate Cuts Despite Iran War Bloomberg.comHow Inflation And Interest Rates May React To Trump's War With Iran ForbesFed's Williams Says Cooling Inflation Could Allow for Future Rate Cut
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 Topic: RobocarsTags: forbes
Waymo seems wiling to let outsiders look at their practices and data. Where are Tesla at the others in having this important transparency? Also, what about cats?
Read more at Forbes.com in Waymo Gets Safety Audit, What About The Others?
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Wednesday's selling carried into Thursday as investors continued to take a risk-off approach to markets following the Federal Reserve's latest policy announcement.
The central bank issued its third jumbo-sized rate increase yesterday and set expectations that it will continue to hike rates over its next few meetings. However, the Fed is not alone in its aggressive stance. Several global central banks have increased their benchmark rates this week in an ongoing effort to tame inflation, including the Bank of England and Switzerland's National Bank, which earlier today issued 50 basis point and 75 basis point rate hikes, respectively. (A basis point is one one-hundredth of a percentage point.)
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"Global equities are struggling as the world anticipates surging rates will trigger a much sooner and possibly severe global recession," says Edward Moya, senior market strategist at currency data provider OANDA. "Most of these rate hikes around the world are not done yet which means the race to restrictive territory won't be over until closer to the end of the year."
The reaction here at home was a selloff in bond prices, which sent yields on government notes spiking. The 10-year Treasury yield surged 19.2 basis points to 3.704% - its highest level since early 2011 - while the 2-year Treasury yield spiked 12.1 basis points to 4.116%, its loftiest perch since late 2007.
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As for stocks, the tech-heavy Nasdaq Composite
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