Bank of England May Slow Pace of UK Rate Hikes
The Bank of England is likely to boost interest rates again on Thursday, but a slowing in the
2023-08-03 07:29
Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut
Brazil’s central bank lowered its benchmark interest rate by a larger-than-expected 50 basis points and said future cuts
2023-08-03 06:16
Trading Platform for College Students Sued by SEC Over Capital Rules
A former London Stock Exchange executive settled a Securities and Exchange Commission lawsuit over claims that he ran
2023-08-03 05:59
Foxconn’s Gou Says US Stocks Would Crash in Case of a Taiwan War
The founder of Apple Inc.’s key Taiwan-based supplier Foxconn Technology Group said US equities would tumble in the
2023-08-03 05:49
Zillow Defies Sluggish US Housing Market to Beat Earnings Expectations
Zillow Group Inc. reported second-quarter earnings that beat analysts’ estimates, as the company’s core marketing business outperformed an
2023-08-03 04:24
Fitch’s US Downgrade Is Stoking the Very Fight It Warned Against
Washington’s hostile political factions quickly took up Fitch Ratings’ downgrade of US government debt as a new weapon
2023-08-03 03:59
Litecoin’s Halvening Price Drop Is No Proxy for Bitcoin Next Year
Litecoin, the world’s 11th-biggest cryptocurrency, saw its price slide on Wednesday after it went through a so-called halvening,
2023-08-03 03:56
Dimon Calls Higher US Capital Rules ‘Hugely Disappointing’
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called new plans for more stringent capital rules “hugely
2023-08-03 03:53
Wells Fargo to Tap Corporate Bond Market Despite US Credit Downgrade
A handful of borrowers, including Wells Fargo & Co., are selling fresh debt in the US investment-grade bond
2023-08-03 03:26
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