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Dollar Could Fall if Rate Cut Bets Rise
The Wall Street Journal· 1 day agoThe dollar looks set to fall heading into next year as recent softer U.S. economic data could bolster market expectations for interest rate cuts by the Federal Reserve, MUFG Bank said.
Oil Slips After U.S. Data Points to Cooling Economy
The Wall Street Journal· 1 day agoOil prices were weaker on a thinner trading day due to the Fourth of July holiday and despite softer-than-expected U.S. employment and business activity data fuelling optimism for future rate cuts.
Euro Corporate Bond Supply Expected to Decline in Second Half of 2024
The Wall Street Journal· 1 day ago1223 GMT – Issuance of euro-denominated corporate bonds is expected to decline in the second half of 2024 after heavy supply in the first half, ING credit strategist Timothy Rahill says in a ...
Hurricane Beryl Shouldn’t Pose Threat to Specialty Insurers’ Full-Year Targets
The Wall Street Journal· 1 day ago0638 GMT – Potential Hurricane Beryl losses shouldn’t threaten European specialty insurers’ and reinsurers’ full-year targets though it is still too soon to tell, RBC Capital Markets says in ...
Metal Prices Mixed; Gold Slips Slightly But Base Metals Rise
The Wall Street Journal· 1 day agoBase metals prices were higher while gold futures ticked lower but broadly holding ground, supported by rising jobless claims, which weighed on investor belief in a still-hot U.S. labor market, SP Angel said.
Build-Your-Own Pizza Restaurant Mod Taps Advisers to Explore Bankruptcy
The Wall Street Journal· 1 day agoThe Seattle-based business considers bankruptcy as it searches for a buyer to save it.
Opinion | The Blue-State Wealth Exodus Continues
The Wall Street Journal· 1 day agoThe latest IRS data shows that the migration of taxpayers to GOP-run states from the left coasts and Illinois continued in 2022.
Opinion | Gas Stoves Head for the Ballot in Washington State
The Wall Street Journal· 1 day agoWhen progressives began their campaign to ban gas stoves, they underestimated the political...
Exclusive | Investor Group Raises Macy’s Buyout Offer, Again
The Wall Street Journal· 1 day agoArkhouse Management and Brigade Capital Management want to acquire shares they don’t already own for...
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Wall Street Journal· 1 day agoThe Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary...