US indexes reverse lower on worries of Israel-Iran escalation and spiking Treasury yields

Andrew Kelly/Reuters US stocks fell on Monday as investors worried about an escalation of the Israel-Iran conflict. The risk-off nature of Monday’s market action sent the 10-Year Treasury yield to its highest level of 2024. March retail sales data surged 0.7%, more than double consensus estimates of 0.3%. US stocks reversed their Monday morning gains … Read more

Senate Dems pad cash leads in key races

Senate Democrats are racing further ahead of their GOP rivals in fundraising as they ready for a tough battle to keep their narrow majority. Democratic candidates and incumbents outraised Republicans over the first three months of this year in six of the seven most competitive races critical to control of the chamber. Some of them … Read more

White House rejects long-shot House Republican effort to get President Joe Biden to testify

WASHINGTON (AP) — The White House on Monday rejected a long-shot effort from House Republicans to get President Joe Biden to testify before lawmakers in the GOP’s stalled impeachment inquiry. In a letter to House Oversight Committee Chairman James Comer, the White House dismissed the invitation sent to Biden last month, calling it a “partisan … Read more

Ukraine’s Zelensky calls for more support, points to help for Israel

Ukrainian President Volodymyr Zelensky renewed his call for active support from the West in the country’s campaign to fend off the full-scale Russian invasion, pointing to Western assistance for Israel against Iran’s attacks. It is now clear that not all of Ukraine’s facilities can be protected from attacks, Zelensky wrote on Telegram on Monday after … Read more