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U.S. mulls caps on H-1B visas to deter data rules

NEW DELHI - The United States has told India it is considering caps on H-1B work visas for nations that force foreign companies to store data locally, three sources told Reuters, widening the two countries' row over tariffs and trade.

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Stocks rally, bond yields plunge as Fed fuels rate cut hopes

A gauge of global stock markets rose on Thursday while the dollar dropped and global bond yields plunged, with the 10-year U.S. yield falling below two percent, after the Federal Reserve signaled possible interest rate cuts later this year.

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