Category: Trucking News

Wall Street opens lower on rising bond yields, inflation concerns

Wall Street opens lower on rising bond yields, inflation concerns

The yield on 10-year U.S. Treasury debt hit a four-year high of 2.885 percent, having jumped almost 7 basis points on Friday. The S&P 500 and the Dow saw their worst weeks since early January 2016 while the Nasdaq recorded its worst week since early Feb 2016. The CBOE Volatility Index , the most widely followed barometer of expected near-term volatility for the S&P 500 Index, was trading at 18.86, its highest since November 2016.


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Apple, Cisco team up with insurance companies to offer cyber policy discounts

The arrangement, which also includes insurance broker Aon Plc, will help businesses fortify their cyber security defenses and make them eligible to score more favorable terms for cyber coverage, such as lower or no deductibles, along with support services in the event of attack, the companies said. "The key here is a holistic approach to cyber," Jason Hogg, chief executive officer of Aon Cyber Solutions, which helped develop the product, said in an interview.


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