Regulators said they favor more stringent rules for banks with more than $100 billion in assets, causing bank stocks to dip.
, hoping the money would unfreeze accounts belonging to Alameda Research, the Department of Justice alleged in a new indictment.Generative artificial intelligence will add $7 trillion in global economic growth and help productivity grow by 1.5% over the next decade, Goldman Sachs said. The bank highlightedIf you squint a little, Tuesday looks like a "normal" trading day — almost. That is to say, U.S.
Interest rates, arguably, had a greater effect on market moves. U.S. Treasury yields climbed again — the 2-year yield hit 4.08%, breaching the 4% threshold for the first time in almost a week, and the 10-year yield rose to 3.571%. The rise in yields suggests traders are growing confident the banking turmoil is subsiding, and they're turning their attention back to inflation.
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