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Inflation eased more than expected to 2.4 percent pace last month.
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Wendy's will continue closing hundreds of stores through mid-2026 CNNWendy's closes US restaurants and focuses on value to turn around falling sales Yahoo FinanceTHE WENDY'S COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS AND PROVIDES 2026 OUTLOOK The Wendy's Company - Investor RelationsWendy's Sales Dented by Persistent U.S. Struggles The Wall Street JournalWendy's closing hundreds of
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"I've never been late on a mortgage, so this makes me nervous."
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Bessent Pushes Senate on Fed Confirmation Amid Backlash Over Criminal Inquiry The New York TimesTillis suggests Warsh faces long Fed chair nomination process that could restrict his business life CBS NewsFed chair drama: Tillis pours cold water on off-ramp for Powell criminal probe CNBCTillis
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Expansion isn't a success guarantee. It's a tactic that requires careful strategy at every step.
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Trump promised RFK Jr. would ‘restore faith in American health care.' A year in, trust has plummeted CNNOne year of RKF Jr.: How his MAHA agenda has reshaped US public health The HillRFK's idea of making America healthy starts with making it politically sicker The EconomistThe Senator Who Has Made It Her Mission to Stop RFK Jr. Rolling Stone
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Profits were up as the fast-food giant focused on price-conscious customers. But the company said it would cut back on financial support for franchisees.
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DTCP, the infra and growth investment house launched by senior venture capital execs at Deutsche Telekom, has launched a new Europe-focused defence and "resilience technology" fund called Project Liberty.
The post DTCP launches €500m Project Liberty fund to invest in NATO-aligned European VC deals appeared first on AltAssets Private Equity News.
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 Topic: RobocarsTags: forbes
Waymo says they failed because they ran out of humans to help cars out of a jam. Why didn't simulation tell them in advance how many humans they would need?
Read more at Forbes.com in Waymo Did Badly In A Big Power Outage. Where Was The Simulator?
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 Topic: RobocarsTags: forbes
There are many clues that Tesla is using lots of remote monitoring and supervision, and possibly even remote driving, for their early tests. Optimus still does that.
Read more at Forbes.com in Tesla Deploys Robotaxis With Nobody In Them. Are They Unsupervised?
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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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