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Bonds Case, Stocks Drop Ahead of Powell's Testimony: Markets Wrap

(Bloomberg) – U.S. Pat. Treasuries have been published by Chairman Jerome Powell on the extent of Federal Reserve easing before testimony. Crude oil gained. The yield on 10-year Treasuries moved above 2.1% for the first time in a month. S & P 500 index futures pointed to a lower open New York and the Stoxx Europe 600 gauge headed for …

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Virgin Orbit prepares the LauncherOne rocket for its first drop test

Ever wondered what #LauncherOne looks like from the perspective of Cosmic Girl? Here's more material from our last captive test, showing unprecedented views of our flying start ramp field. pic.twitter.com/IqMNi5mK2x – Virgin Orbit (@Virgin_Orbit) June 7, 2019 In fact, Virgin Orbit will release a fully built and loaded LauncherOne during this flight. The company says it will collect data on …

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More iPhone 11 leaks and why Apple could drop FaceID

New iPhone 11 leaks continue to support the rumors about quadratic camera ruggedness and why Apple may refrain from a FaceID-enabled iPhone in China. In this week's Apple Core summary, we break open the latest rumors about the next iPhone and take a look at the media reports after Apple announces the resignation of Jony Ive. Currently playing: Watch: New …

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China's state media urges the US to drop its win-at-all-cost trading stance

SHANGHAI (Reuters) – Instead of conducting a trade war with China, the United States should give up its whimsically winning mentality and take into account the interests of its own people as well as the global community, the official People's Daily, said an editorial on Saturday. The Chinese Communist Party's newspaper urged the United States to remove all tariffs on …

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