San Antonio veteran-owned family barbershop celebrates 76 years in businessA 53-year-old woman is facing multiple charges in connection with a crash that killed two people, according to the Bexar County Sheriff’s Office.
Meanwhile, China’s inflation rate in October rose 0.3% year-on-year, according to the National Bureau of Statistics on Saturday, marking a slowdown from September’s 0.4% increase and dropping to its lowest level in four months.Japan’s benchmark Nikkei 225 slipped 0.4% in morning trading to 39,347.79. Australia’s S&P/ASX 200 dipped 0.5% to 8,252.70. South Korea’s Kospi fell 1% to 2,534.82.On Friday, the S&P 500 rose 0.4% to 5,995.
Treasury yields climbed in large part because the U.S. economy has remained much more resilient than feared. The hope is thatas the Federal Reserve continues to cut interest rates in order to keep the job market humming, now that it’s helped get Traders have already begun paring forecasts for how many cuts to rates the Fed will deliver next year because of that. While lower rates can boost the economy, they can also give inflation more fuel.
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