Market News

JPMorgan says no notice from Supreme Court on Amrapali real estate case

The local arm of JPMorgan said on Thursday that the bank has not received any communication from India's Supreme Court in a case relating to past transactions between the bank and a New Delhi-based real estate firm. "J.P. Morgan is not a party to the Supreme Court proceedings, and it has received no communication or notice from the Supreme Court to date," the bank said in a statement.

REFILE-TREASURIES-U.S. yields decline on soft producer price data

U.S. Treasury yields declined on Wednesday as investors repositioned around new data showing producer prices barely rose in December. The benchmark 10-year yield was down 3.5 basis points in morning trading to 1.783%. The U.S. Labor Department said on Wednesday its producer price index for final demand ticked up 0.1% last month after being un

REFILE-TREASURIES-Yields fall as investors look past initial trade deal

U.S. Treasury yields declined on Wednesday as investors took stock of an initial U.S.-China trade deal and repositioned around new data showing producer prices barely rose in December. The benchmark 10-year yield was down 2.6 basis points in afternoon trading at 1.7917%. The United States and China signed an initial trade deal Wednesday that will rol

TREASURIES-U.S. yields tick up on strong bank earnings, manufacturing data

U.S. Treasury yields rose slightly on Thursday on strong economic data and bank earnings. The benchmark 10-year yield was up 1.2 basis points in morning trading at 1.8004%. The increase reflected factors like a strong measure of manufacturing in the Mid-Atlantic region and better-than-expected retail sales, said Tom di Galoma, managing director of Seaport Global Holdings. "Certainly there's a little bit of pressure" for economic activ

Money

Presidential Material: Life Lessons with Bellamy Young

The United States may not have had a woman president quite yet, but on TV it certainly has. One of those was Mellie Grant, the character played by Bellamy Young on the Shonda Rhimes hit “Scandal”...