Wall Street indexes retreated as concerns around the timing and scale of the Federal Reserve’s interest rate cuts pushed Treasury yields higher and pressured stocks.
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Category: Business
US safety probe into Waymo self-driving vehicles finds more incidents
The National Highway Traffic Safety Administration said it has learned of nine additional incidents that raise concerns about the performance of Alphabet’s Waymo self-driving vehicles.
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US sues to break up Live Nation-Ticketmaster
“It is time to break up Live Nation,” said U.S. Attorney General Merrick Garland.
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Target, Walmart shoppers seek home goods, grocery delivery online
U.S. online spending is experiencing a rebound, spurred by high gas prices, convenient delivery options and a surge in deals following a brief post-pandemic slump.
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Exclusive: Conservative investor pulls JPMorgan resolution, cites changes addressing ‘politicized finance’
A fund consultant said it was withdrawn in light of several steps the bank has taken that show it pulling back from political tests for customers.
Read More Exclusive: Conservative investor pulls JPMorgan resolution, cites changes addressing ‘politicized finance’
Target lowering prices on 5,000 items in bid to lure more shoppers
Still-high food prices and borrowing costs have made cash-crunched customers more conscious of their spending on pricey items and look for cheaper products in stores and online.
Read More Target lowering prices on 5,000 items in bid to lure more shoppers