Treasury yields were mixed after the Federal Reserve on Wednesday, as expected, lift its key interest rate by a quarter of a percentage point. Investors were awaiting remarks by Fed Chair Jerome Powell. What are yields doing? The yield on the policy-sensitive 2-year Treasury note TMUBMUSD02Y, 4.116% rose 2.5 basis points to 4.228%, erasing a … Read more
Facebook parent Meta Platforms Inc. META, -1.15% will restore former President Donald Trump’s Facebook and Instagram accounts after the social-media platform banned him in the wake of the Jan. 6 riot at the U.S. Capitol in 2021. The reinstatement of those accounts is set to happen “in the coming weeks,” Nick Clegg, Meta’s president of … Read more
President Joe Biden on Friday afternoon is slated to talk up his administration’s achievements as he marks two years in office, with a speech at the White House to a bipartisan group of mayors visiting Washington, D.C., for an annual meeting. He may avoid mentioning how the U.S. stock market has fared during his first … Read more