Bloomberg Business

Big Tech Rally Falters as Yields Rise Ahead of Powell Speech

US stocks erased early gains after a rally in Big Tech sputtered as bond yields rose, with traders weighing remarks from a batch of Federal Reserve officials for clues on the outlook for interest rates ahead of Jerome Powell’s speech on Friday.

US Corn Harvest Is in Trouble

Sagging ears just short of maturity, cobs half bare of kernels as if nibbled, earth so dry that deep cracks criss-cross the fields: The US corn harvest is in trouble.