Stocks close lower as yields renew inflation worries
The S&P 500 ended lower as Treasury yields rose and traders worried about inflation, Reuters reported. Higher yields can raise borrowing costs and make bonds more attractive than stocks.
Wall Street closed lower as rising Treasury yields revived inflation worries, while the IMF said world growth remains on course for 3% this year. U.S. lawmakers called for new AI rules, Papa Johns gained a Walmart delivery channel, and New Hampshire election monitors reported a smooth primary.
The S&P 500 ended lower as Treasury yields rose and traders worried about inflation, Reuters reported. Higher yields can raise borrowing costs and make bonds more attractive than stocks.
The IMF said global growth remains on track to reach 3% in 2026, though risks are still high. The forecast points to continued expansion, not a guarantee against shocks.
U.S. lawmakers called for new AI rules after safety warnings from Anthropic researchers, Reuters reported. New laws could change how developers test, document, and release powerful systems.
State election monitors said New Hampshire's primary went smoothly, NHPR reported. The finding supports confidence in the count as campaigns turn toward the November election.
The S&P 500 ended lower as Treasury yields rose and traders worried about inflation, Reuters reported. Higher yields can raise borrowing costs and make bonds more attractive than stocks.
The IMF said global growth remains on track to reach 3% in 2026, though risks are still high. The forecast points to continued expansion, not a guarantee against shocks.
U.S. lawmakers called for new AI rules after safety warnings from Anthropic researchers, Reuters reported. New laws could change how developers test, document, and release powerful systems.
OpenAI announced wider AI access and cyber defense support for federal, state, local, and tribal governments. Public agencies gain more tools, but they need firm rules for sensitive data and human review.
Walmart will deliver Papa Johns pizza, Nation's Restaurant News reported. The deal puts restaurant orders beside grocery delivery and gives the pizza chain another route to customers.
Ben Shelton and Frances Tiafoe carry U.S. hopes into the U.S. Open semifinals, Reuters reported. Their matchup guarantees an American man a place in the final.
The French Football Federation withdrew its support for FIFA president Gianni Infantino, Reuters reported. Losing a major member's backing raises pressure on soccer's leadership before its next election.
State election monitors said New Hampshire's primary went smoothly, NHPR reported. The finding supports confidence in the count as campaigns turn toward the November election.
Planned Parenthood entered New Hampshire's Executive Council election, the New Hampshire Bulletin reported. The council controls state contracts, so the race can directly affect access to health services.