Saturday, 22 October 2022

Relentless Rise in Interest Rates Looms Over Another Volatile Week for Markets

The 10-year U.S. Treasury yield, which underpins everything from mortgages to credit cards, was on course to rise for a twelfth consecutive week, matching the longest streak since 1984.

from NYT > Top Stories https://ift.tt/TdFWlRL

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Tesla’s Model S, Soon to Be History, Changed the Auto Industry

The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Mode...