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: 10-year Treasury yield back on edge of 5% again as Fed’s Powell discusses factors driving the government-debt market

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Berlusconi’s ‘worthless’ art proving a headache to heirs

The ex-Italian prime minister bought many of his 25,000 paintings from late-night telesales programmes.

Market Snapshot: U.S. stocks reverse losses as Treasury yields slip while Powell warns more interest rate hikes may be in store

U.S. stocks swung higher on Thursday, reversing earlier losses as Treasury yields came off the boil after the 10-year traded within a hair of the 5% mark, a psychologically important level.

EU bids to tighten migration rules after attacks in Arras and Brussels

Killings by militants in France and Belgium prompt calls for better screening of migrants.

: 30-year Treasury yield jumps back to around 5.05% as Fed’s Powell speaks; 10-year rate up at 4.94%

Financial Crime: Winklevoss’ Gemini crypto firm lied about investing in junk, losing customers $1 billion, NY AG says

Gemini’s board was warned that loan partner Genesis was a Lehman Brothers waiting to happen, but told customers their money was safe, AG says.

: Microsoft’s acquisition of Activision makes Big Tech even bigger — and harder to rein in

Microsoft made concessions to appease regulators, but acquisition shows that so-called vertical deals can still be approved.

Jim Jordan set to pause House Speaker bid as backup plan emerges

The Republican is expected to back a plan to temporarily empower acting Speaker Patrick McHenry.