News
Stocks Slide, Treasury Yields Surge as Inflation Reading Reinforces Fed Rate-Hike Expectations
Stock futures fell after a strong inflation report heightened expectations of another Federal Reserve rate hike. Treasury yields rose sharply. Other items included hotter‑than‑expected October inflation, Anthropic’s anticipated IPO pricing, and various personal finance benchmarks such as household net‑worth thresholds, retirement savings by age, and income needed for top‑10% status.