Bonds Are Useless Hedge for Stock Losses as Correlation Jumps
Treasuries haven’t been this ineffective as a stock hedge since the 1990s. Historically, Treasuries tend to rally when
2023-08-03 02:24
Fitch Says US Fiscal Metrics and Governance Spurred Credit-Rating Cut
Weakening US fiscal metrics and governance, highlighted by political wrangling over the debt ceiling, were at the heart
2023-08-03 01:50
Brazil’s Lula Says He Expects Rate Cut, But Renews Central Bank Criticism
President Luiz Inacio Lula da Silva expects Brazil’s central bank to begin cutting interest rates on Wednesday, saying
2023-08-03 01:18
Deadly Heat Triggers Covid-Like Shutdown in Iran, With More to Follow
Iran’s declaration of a two-day public holiday over life-threatening heat, as temperatures in parts of the country are
2023-08-03 00:20
Trump's Effort to Sway Pence Before Jan. 6 Is Central to Indictment
Donald Trump’s attempt to strong-arm Mike Pence into refusing to certify the result of the 2020 election wasn’t
2023-08-02 23:56
Treasury Downplays Fitch Rating, Sees ‘Limited’ Yield Impact at Most
A senior Treasury official said there’s limited implications for the price of government debt from the move by
2023-08-02 23:26
India’s IndiGo Posts Record Profit on Soaring Demand, Go Failure
IndiGo, India’s biggest airline, posted record quarterly profit in the three months through June, as the demand for
2023-08-02 22:55
Humana Rises as Insurer Sees Medical Costs Stabilizing
Humana Inc. shares jumped in trading before US markets opened after the insurer said an uptick in medical
2023-08-02 20:54
US Companies Added 324,000 Jobs in July, ADP Says
US companies added more jobs in July than expected, highlighting the persistent strength of the labor market. Private
2023-08-02 20:48
Tunisia Installs New Premier, Adding to Angst Amid IMF Delay
Tunisia’s President Kais Saied replaced his prime minister of almost two years with a little-known figure, injecting fresh
2023-08-02 20:28
CVS Beats Quarterly Profit, Sales Estimates Amid Cost Cuts
CVS Health Corp. beat estimates for second-quarter profit and sales, a sign of strength as the drugstore chain
2023-08-02 19:48
Talks resume with aim to end strike by writers unions
Hollywood studios on Tuesday asked the Writers Guild back to the negotiating table in the first known talks since the nearly 100-day strike brought production of most television shows and movies to a halt.
2023-08-02 19:15