The daily business briefing: October 28, 2016

Bonds continue their worst month since 2014, Twitter dumps Vine, and more

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1. Bond troubles deepen

Global stocks struggled on Friday as bonds continued their worst month since 2014 ahead of the release of quarterly data on U.S. economic growth. U.S. Treasury 10-year note yields climbed to their highest since May as expectations grow for the Federal Reserve to raise interest rates in December. U.S. stocks appeared headed for a cautious open on Friday after mixed messages from powerhouses Amazon and Google. Amazon's disappointing earnings report was countered by Google-parent Alphabet, which reported stronger-than-expected earnings after trading ended Thursday. Google shares rose by 1.1 percent before the bell.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.