All the News in one place from Singapore
More than 50 news sites, more than 1000 pieces of news daily
Wall Street propped up by bank stocks as Treasury yields rise
(September 14 23:53) Reuters.com Business
U.S. stocks edged higher on Friday as banks gained after 10-year U.S. Treasury yields topped 3 percent, but gains were capped by a drop in the rate-sensitive utilities, real estate and telecom sectors.
The Securities and Exchange Commission on Friday said Silicon Valley-based Prosper Funding LLC will pay a $3 million penalty for miscalculating and materially overstating annualized net returns to retail and ...