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Moderate Republican willing to break with party is set to lead ICE hearing The Washington PostHomeland Security Immigrations & Customs Officials Testify at Oversight Hearing C-SPANColorado Congressman Gabe Evans to grill top immigration officials at congressional hearing cbsnews.com
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Bezos Brutally Dumps Washington Post CEO After Gutting Paper The Daily BeastWashington Post C.E.O. Will Lewis Steps Down After Stormy Tenure The New York TimesDemocracy Dies in Broad Daylight The New YorkerWashington Post publisher Will Lewis abruptly steps down, days after massive layoffs gut the newspaper cnn.com'Washington Post' CEO resigns after going AWOL during massive job cuts NPR
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Samsung Galaxy S26 Ultra Release Date Latest: What To Expect And When ForbesGalaxy S26 series surfaces with upgraded wireless charging spec, no Qi2 magnets 9to5GoogleSamsung Galaxy S26 Ultra vs Samsung Galaxy S23 Ultra: Should you upgrade? Tom's GuideSamsung shows off Galaxy S26 Ultra camera improvements in new videos PhoneArena
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Security cabinet okays ‘dramatic' West Bank policy overhaul, deepening Israeli control The Times of IsraelIsrael tightens grip on West Bank ahead of Netanyahu's visit to US cnn.comIsrael to expand its control in West Bank, make settlers' land seizures easier, media say ReutersIsrael to Ex
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Green Day Drops F-Bombs in Super Bowl Pre-Show With ‘American Idiot,' ‘Holiday' and ‘Good Riddance' VarietyWhat time does Green Day perform at the Super Bowl? What to know The Providence JournalGreen Day rocks out in electric Super Bowl opening set featuring 'American Idiot' USA TodayGreen Day's Super Bowl performance did the unexpected Mashable
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Portugal votes in first presidential run-off in 40 years Al JazeeraPortugal Votes for President, With Leftist Set to Beat Surging Far Right The New York TimesPortugal chooses between a moderate and a populist in runoff presidential election ABC News
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Constructor Capital, the venture capital arm of education, research and science advancement organisation Constructor Group, has closed its first fund on $110m.
The post Cutting-edge science, software investor Constructor Capital seals $110m for debut fundraise appeared first on AltAssets Private Equity News.
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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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