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
J&J, Cancer Victims Agree to Quick Appeal of Bankruptcy Ruling
Johnson & Johnson and a committee of cancer victims have agreed to speed up a court appeal of
2023-08-03 02:17
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
Bain, Cinven Weighs Sale of €10 Billion Drugmaker Stada
The private equity owners of Stada Arzneimittel AG are weighing options for the German drugmaker, including a possible
2023-08-03 00:27
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
Europeans Lack Insurance Protection as Wildfires and Drought Batter the Region
Europeans are among the least insured against certain types of extreme weather and other natural disasters in the
2023-08-02 23:25
1&1 Shares Soar After Signing German Roaming Deal With Vodafone
1&1 AG shares surged after it secured a deal with Vodafone Group Plc that will let the mobile
2023-08-02 21:54
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
America's credit rating got downgraded again. Here's what happened the last time
Fitch Ratings downgraded US long-term debt late on Tuesday from AAA to AA+, citing this spring's debt ceiling standoff as a major reason.
2023-08-02 19:50
Carlyle Profit Slides 26% as New CEO Seeks Rebound
Carlyle Group Inc. reported a decline in second-quarter profit, underscoring the challenge facing new Chief Executive Officer Harvey
2023-08-02 19:21
Ukraine Recap: Drone Hits Ukrainian Port, Driving Wheat Higher
Russian forces struck Ukraine’s Danube River port of Izmail in a drone attack, according to government and industry
2023-08-02 18:46