The yield on the benchmark 10-year Treasury note surged to 2.716 percent on Monday, its highest since April 2014, as investors bet on an accelerating economy and inflation. A falling dollar this month has also helped drive yields higher as traders worry it may reduce the appetite for Treasurys, while …

Thomas Peter | Reuters An attendee uses a new iPhone X during a presentation for the media in Beijing, China October 31, 2017. Apple’s stock dipped slightly in premarket trading Monday after a report said it would halve production for the iPhone X in the first three months of 2018. …

Vincent Isore | IP3 | Getty Images Olivier Brandicourt, Sanofi CEO. By buying the company outright it will now get access to Ablynx’s most promising asset, the experimental drug caplacizumab for treating the rare bleeding disorder acquired thrombotic thrombocytopenic purpura. Brandicourt said caplacizumab would complement Sanofi’s line-up of blood products, …

There is no set definition of a market melt-up. But it’s fair to say that we’re in one, or close. If a melt-up is a sharp upward acceleration in stock prices from already-high levels with few pauses or pullbacks along the way and a rush of public enthusiasm, that roughly …

Susana Gonzalez | Bloomberg | Getty Images Tech entrepreneur Elon Musk at the 67th International Astronautical Congress in Guadalajara, Mexico, on Sept. 27, 2016. After a successful run selling hats, billionaire Elon Musk’s The Boring Company has expanded its offering to include flamethrowers. Musk announced that his infrastructure firm had …

Graham Crouch | Bloomberg | Getty Images Nadiem Makarim, chief executive officer of Go-Jek. Google has made an investment in Indonesian ride-hailing start-up Go-Jek. The move is part of Google’s ambition to grow Indonesia’s digital economy and start-up scene, the tech giant said in a statement Monday. “Go-Jek is led …

Alvin Baez | Reuters Men gesture next to solar panels set up by Tesla, at the San Juan Children’s Hospital, after the island was hit by Hurricane Maria in September, in San Juan, Puerto Rico October 26, 2017. One plank of Donald Trump’s election platform was centered on rebalancing the …

Lester Cohen | Getty Images Former Secretary of State Hillary Clinton appears during the 60th Annual Grammy Awards on January 28, 2018. Bruno Mars beat Jay-Z for the top Grammy Awards on Sunday, but the surprise of the night was former Democratic presidential candidate Hillary Clinton reading from Michael Wolff’s …

NARINDER NANU/AFP/Getty Images January 21, 2018: Indian farmer Neeraj Singh walks through his mustard field on the outskirts of Amritsar on the eve of Basant Panchmi, a festival that celebrates the onset of spring. New Delhi is likely to focus attention on rural areas in its upcoming annual budget, set …

Mikhail Svetlov | Getty Images Russian opposition leader Alexei Navalny at a mass march on the one-year anniversary of dissident Boris Nemtsov’s killing on Feb. 27, 2016 in Moscow, Russia. Russian opposition leader Alexei Navalny was released from police custody late on Sunday after a brief appearance at a rally …