‘Absolutely ridiculous’: Bus mistakenly transports passengers to North Shore, instead of North Station. BOSTON — The MBTA apologized to passengers after the driver of an Orange Line bus took them to Stoneham on the North Shore instead of the North Station, 10 miles away. The incident occurred Thursday morning, the first day of an 11-day … Read more
The bond market on Thursday shrugged off Treasury Secretary Scott Bessent’s unusual effort to prevent rising government borrowing costs. In early trading, the 30-year bond yield rose to 5.27 percent before falling back to 5.24 percent, erasing more than half of the drop in costs that Bessent’s market intervention had received.
Charter Communications is now the biggest broadband and video company in the country after closing its acquisitions of Cox Communications and Liberty Broadband Corporation.The deals also make Charter the fastest-growing mobile provider in its service area.The company says customers can expect seamless connectivity, video entertainment and high-quality customer service. Charter says the mergers will be … Read more
Traders work at the New York Stock Exchange (NYSE) in New York City, USA, July 23, 2026.Brendan McDermid | ReutersUSA Stocks fell as Treasury yields continued their march higher despite the Treasury Department’s extraordinary debt buyback operation, raising concerns that higher borrowing costs will weigh on the bull market. The Dow Jones Industrial Average lost … Read more
The federal debt surpassed $40 trillion for the first time this week. Investors buying government bonds are demanding higher interest rates to finance the growing debt load. Mandel Ngan/AFP hide title toggle title Mandel Ngan/AFP Subscribe to the Planet Money newsletter. The world is confusing. The economy can help. The Treasury Department reported this week … Read more
Westend61 | Westend61 | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide for high-net-worth investors and consumers. Sign up to receive future issues directly to your inbox. Battles over aging parents and their fortunes are becoming increasingly common in wealthy families, and some … Read more
St. George is a city and the county seat of Washington County, Utah, United States. Located in southwestern Utah, on the border with Arizona, Denistangneyjr | Stock | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the … Read more
HONG KONG (AP) — Chinese real estate developer Hui Ka Yan, founder of real estate group Evergrande, was sentenced to life in prison and the companies were fined a total of more than $2 billion, a court in the southern city of Shenzhen said Thursday. The decision marks a milestone in Evergrande’s saga after it … Read more
Genesis is going big. The luxury carmaker has officially unveiled the new GV90, its first full-size SUV with three rows of seats and the largest model in the brand’s range. Based on the Neolun concept that debuted in 2024, the GV90 puts much of that concept’s spectacular design and lounge-like interior into production. The GV90 … Read more
photo | Future publications | Getty Images SK Hynix shares rose more than 12% in Seoul on Thursday after the company announced a massive share buyback. The company said it is accelerating its 40 trillion won ($28.7 billion) share buyback and write-off program as it seeks an expansion of shareholder returns to more than 50% … Read more