Economics & Economy

Dow Jones industrials sink 700 points as bond yields rise

23 hours ago

U.S. stocks are plunging toward their worst loss in six months on Wednesday as technology companies continue to take sharp losses. The Dow Jones Industrial Average fell 700 points in afternoon trading.

The losses were widespread as bond yields remained high after steep increases last week. Companies that have been the biggest winners on the market the last few years, including technology companies and retailers, suffered steep declines.

6 Supreme Court cases to keep an eye on this term

23 hours ago

The U.S. Supreme Court has been in the spotlight in recent weeks over the confirmation of its latest justice, Brett Kavanaugh. Now attention turns to the cases the fully staffed high court will consider this session.

For more on what the new makeup of Supreme Court will mean for business and the economy, and some of the cases to watch, we spoke with Jessica Levinson, a law professor at Loyola Law School in Los Angeles. The following is an edited conversation with Levinson. 

Inside Tsuda Shoten — a fish processing plant in Kamaishi, Japan — large machines whir and clang, connected by networks of chutes and rollers that shuttle tons of fish around the building. While much of the work is automated, many tasks still need human hands. That’s where workers like Nguyen Ti Thanh, 26, come in.

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