Bond yields jumped Thursday, erasing the declines stemming from of the Treasury Department’s unusual intervention in the debt market a day earlier. In early trading, the 10-year Treasury bond yield rose as high as 4.

U.S. government bond yields fell after the Treasury Department said it would ramp up bond repurchases. The 30-year bond yield fell 0.09 percentage point to 5.19%, its biggest one-day drop since October.

The Treasury Department said Wednesday that it will more than double the size of government-debt buybacks, sending yields sharply lower and stocks higher at the market open.

The U.S. Treasury said Wednesday morning that it will at least double the size of buyback operations for longer-duration bonds, an unexpected announcement that boosted bond prices after a dramatic rise in yields.

Plus, Romania accused Russia of launching an explosive drone, and healthcare costs are set for a steep increase.

Walmart says it's planning to use $2.9 billion in tariff refunds to lower prices as it reports its slowest sales growth in six years. CBS News' Kelly O'Grady has more.

Walmart reported sales grew at their slowest pace in the retailer's latest fiscal quarter in six years, sending its shares down more than 9%.

LSEG head of consumer research Jharonne Marti discusses the mind of the consumer and the Walmart overreaction on 'Making Money.'

President Donald Trump again called for lower interest rates, though Federal Reserve officials said a hike may be needed if inflation does not cool.

Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn’t subside, minutes of the Fed’s meeting last month show

Many US central bankers are concerned that persistently high inflation will lead to rapid price rises becoming embedded in the world’s largest economy, minutes of the Federal Reserve’s latest policy vote highlight.

Minutes of the July meeting revealed more backed raising interest rates than the three who formally dissented.

With the $34.5-billion purchase, Cox customers in San Diego, Las Vegas and Phoenix will soon get Spectrum service — and the Dodgers channel, ending a long TV drought

Cox Communications, the cable and internet provider that has served the Las Vegas area for decades, is being absorbed into Charter Communications and its Spectrum brand under a deal the companies announced Thursday.

Charter said it plans to introduce Spectrum branding, pricing and product packages across all former Cox markets in mid-September.

It plans to introduce Spectrum branding, pricing and product packages across all former Cox markets in mid-September.

State Farm, the Illinois-based insurer, called it "the largest (dividend) in the company’s 100-plus-year history."

State Farm has begun issuing $5 billion in dividends to customers who held auto insurance policies with the company in 2025. The company said 49 million customers across the United States will receive between 4% and 10% of their 2025 insurance bills back,

State Farm is issuing a $5 billion dividend to its auto insurance customers. Customers with an active personal car insurance policy in 2025 are eligible for a payment. The average payment will be about $100 per vehicle,

State Farm is sending $5 billion in dividend payments to qualifying customers. Here's how much Mississippi drivers could get and when payments arrive.