Sawdah Bhaimiya
- Indexed articles, last 90 days
- 46
- Latest publication
- Sep 30, 2026
- Outlet visibility, for CNBC Africa
- Top 500K sites
- Earliest in this view
- Jul 10, 2026
Latest articles
Pressure on U.S. Treasurys eases after 30-year yield hits highest level since 2002 (opens the original)
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U.S. Treasury yields were lower on Wednesday, recovering ground after facing heavy selling pressure in the previous session, amid investors concerns about inflation, government debt and the potential for tighter monetary policy. The 30-year Treasury bond was last 4 basis points lower to 5.553%, after rising to its highest level since 2002 on Wednesday. The 10-year Treasury was down 3 basis points to 5.221% and the 2-year Treasury note yield was 1 basis point lower to 4.876%. One basis point is e
'Funflation' is on the rise as hobbies get pricier, but consumers keep spending anyway (opens the original)
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It's getting more expensive to have fun in America, but consumers are splurging anyway, seeking out experiences ranging from outdoor activities to video games. The Bank of America's latest analysis suggested that "funflation" â the increased cost of fun â may be rising, but consumers aren't cutting back. In fact, spending on hobbies, which ranges from arts and crafts and hobby shops to retailers selling skiing, hiking, camping, or scuba diving gear, grew 7.9% in August 2026, year on year, pe
U.S. Treasury yields tick higher as global bond rout slows (opens the original)
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U.S. Treasury yields inched higher on Friday as recent selling pressure intensified following hawkish Fed commentary and stronger-than-expected economic data. The benchmark 10-year Treasury note was up less than one basis point to 5.17%, after reaching its highest rate since June 2007 on Thursday. The 30-year Treasury bond was flat at 5.463%, after surging to levels not seen since 2004. The 2-year note yield was also little changed at 4.899%. One basis point is equal to 0.01%, and yields and pri
Novo defends diversification push as CEO eyes deals beyond obesity (opens the original)
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Novo CEO Mike Doustdar told CNBC that the pharmaceutical giant is considering M&A opportunities as it faces growing competition in the crowded weight-loss market. "Let's see where the gaps are, and let's go out and see who has produced or is about to introduce better drugs than we are able to do on our own, and when that gap can be filled with M&A, we are actually quite interested about it," Doustdar said on CNBC's "Squawk Box Europe" on Tuesday. He was speaking after the company faced investor
Oracle jumps 6% after reporting 30% revenue growth fueled by AI cloud demand (opens the original)
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Oracle's shares jumped in premarket trading on Friday after it reported 30% revenue growth in its fiscal first quarter, fueled by strong demand for its cloud services and rapid data center expansion. The enterprise software giant said total first-quarter revenue grew to $19.35 billion, beating LSEG consensus estimates of $19.14 billion. Its net income reached $4.7 billion, up 60% from $2.93 billion in the prior year. Cloud revenue rose 62% from a year earlier to $11.6 billion, driven by a 121% j
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