yields

LONDON—The British government unveiled the biggest tax cuts since the early 1970s in a bold bet to jolt the U.K.’s inflation-stricken economy into growth, prompting a slide in the pound and a jump in government bond yields.In one of the largest shifts in British economic policy in decades, U.K. Chancellor of the Exchequer Kwasi Kwarteng said the government would cut payroll taxes, freeze corporation tax, ditch a cap on banker bonuses and spend billions to subsidize energy bills over the next…

Shorter-term Treasury yields ticked higher while longer-term yields fell Wednesday after the Federal Reserve signaled interest rates will likely climb more this year than many investors had expected.Treasury yields initially rose, then broadly fell as Fed Chairman Jerome Powell delivered a postmeeting press conference in which he emphasized the central bank’s commitment to bringing down inflation, while acknowledging the uncertain economic outlook. The overall message from the Fed caused…

Mathieu Young/Getty ImagesAmericans traveling to Europe can do so a bit more cheaply these days than in recent years.The U.S. dollar is trading at its highest level in roughly two decades relative to the euro — meaning travelers can buy more overseas.That means Americans are effectively getting a discount on hotels, car rentals, tours, and other goods and services denominated in euros. And it's not just the euro — the dollar's value is at its strongest in years relative to many other foreign currencies, too, according to…

Credit: Pixabay/CC0 Public Domain A recent survey by University of Toronto Scarborough students not only gleaned important information from hundreds of households across Toronto, it provided critical insights on the act of surveying diverse communities that could help other researchers boost participation in future projects.…

What appears to be an internal TSMC slide charting the development progress of the N3E process has been shared by tech enthusiast HS Kuo (opens in new tab) on Twitter. Recently, we heard from Taiwan’s business media that N3 was going to hit mass production come September, but we haven’t had much information about the progress of N3E since back in March.To quickly recap, TSMC N3E is an ‘Enhanced’ version of the N3 process, which was initially scheduled (opens in new tab) (PDF) for mass production a year after N3. However,…

By giving a Chinese rice variety a second copy of one of its own genes, researchers have boosted its yield by up to 40%. The change helps the plant absorb more fertilizer, boosts photosynthesis, and accelerates flowering, all of which could contribute to larger harvests, the group reports today in Science. The yield gain from a single gene coordinating these multiple effects is “really impressive,” says Matthew Paul, a plant geneticist at Rothamsted Research who was not involved…

Credit: Unsplash/CC0 Public Domain New genetic research from remote islands in the Pacific offers fresh insights into the ancestry and culture of the world's earliest seafarers, including family structure, social customs, and the ancestral populations of the people living there today. …

Planting more crops isn't the only way to feed a growing population. Cutting air pollution could go a long way towards increasing crop production while saving precious land and money, according to new research.  If the world cuts the emissions of just one type of air pollutant in half, estimates suggest winter crops could yield about 28 percent more in China and up to 10 percent more in other parts of the world. The pollutants in question are oxides of nitrogen, a family of invisible, poisonous gasses produced by car…

David Jakle | Image Source | Getty ImagesIt's been a tough year for municipal bonds, with investors cashing out amid rising interest rates. However, higher yields and strong credit may be sparking a shift, experts say.While investors piled a record-breaking $96.8 billion of net money into U.S. muni mutual and exchange-traded funds in 2021, weekly inflows have been negative for most of 2022, according to Refinitiv Lipper data.Last week's numbers were still negative, but outflows slowed significantly, signaling more…

When Italy’s Mount Vesuvius erupted violently in A.D. 79, a cloud of superheated ash killed thousands in and around the ancient Roman cities of Pompeii and Herculaneum—including a middle-aged man who perished in an instant as he rested on a chaise lounge inside a Pompeian home. Now, an international team of scientists has fully sequenced the man’s DNA according to a paper published Thursday in the journal Scientific Reports. The complete sequencing is believed to be the first ever of a Vesuvius victim. It revealed that…