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Stocks and bond yields fall as US data clouds Fed rate outlook

Stocks and bond yields fall as US data clouds Fed rate outlook

Wall Street extends losses as recession worries mount Crude oil at lowest since January Bank of Canada signals slowing pace of rate hikes China eases COVID rules but imports and exports slump http://tmsnrt.rs/2yaDPgn NEW YORK/MILAN, Dec 7 (Reuters) – Global stocks fell further and Treasury yields fell on Wednesday as U.S. worker productivity data beat …

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Reaction to China's easing of COVID restrictions in major policy shift

Reaction to China’s easing of COVID restrictions in major policy shift

Dec 7 (Reuters) – China on Wednesday announced the most sweeping changes to its strict zero COVID policy since the pandemic began three years ago, easing rules that had curbed the spread of the virus but had hobbled the world’s second-largest economy worldwide and sparked protests. The easing of rules, which include allowing infected people …

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Elon Musk expects Neuralink brain chip to begin human trials in 6 months

Elon Musk expects Neuralink brain chip to begin human trials in 6 months

November 30 (Reuters) – Elon Musk said on Wednesday he expected a wireless brain chip developed by his company Neuralink to begin human clinical trials in six months, after the company missed the deadlines he had set. The company is developing brain chip interfaces that it says could help disabled patients move and communicate again, …

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