Major corporations are rushing to issue bonds as Treasury yields spike
Major U.S. companies with high-grade credit ratings rushed to issue bonds this week at a dizzying pace, as they moved to get ahead of the spike in Treasury yields that has been making borrowing more ...
US STOCKS-Wall Street ends lower as blowout job data spooks traders
The Dow Jones Industrial Average fell 696.75 points, or 1.63%, to 41,938.45, the S&P 500 lost 91.21 points, or 1.54%, to ...
Strong jobs report gives market investors the jitters
The U.S. economy boasted an impressive 256,000 nonfarm payrolls in December, a figure that shocked forecasters.
How Much Would Buying Greenland Cost?
President-elect Donald Trump wants to buy the territory from Denmark, which says it’s not for sale. DealBook asked experts ...
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
The Dow DJIA dropped almost 700 points Friday, booking a back-to-back weekly decline that left it down 1.4% so far in January. That marked the index's worst performance over the first six trading days ...
The Post-Journal7h
Corporate Earnings Growth Faces Uncertainty Amid Inflation Worries, Policy Shift Impact
Wall Street expects corporate profits to have surged in 2024 and forecasts an even stronger jump for 2025. Companies still face a long list of uncertainties in the year ahead, including economic ...
The Marietta Times8h
Wall Street recoils after good news on the economy raises inflation worries
U.S. stocks fell Friday on worries that good news on the job market may be too good and prove to be bad for Wall Street by ...
Chicago, federal officials sign nearly $2B funding agreement for CTA Red Line Extension Project
The federal funding agreement pledges more than $1.9 billion for the estimated $5.75 billion project, which will extend the CTA's Red Line by 5.5 miles, from 95th Street to 130th Street, and add four ...
S&P 500 hit in worst day since ‘post-Fed tantrum’
Stocks got hammered and bond yields climbed alongside the dollar, with traders slashing their bets for Federal Reserve ...
Strong US Jobs Report Backs Case for Pause in Fed Rate Cuts
The US economy in December added the most jobs since March and the unemployment rate unexpectedly fell, capping a ...
Top Wall Street Prosecutor to Join Law Firm Paul Weiss
Damian Williams, who oversaw dozens of high-profile white-collar investigations as Manhattan’s U.S. attorney, is heading to ...
FDIC Vice Chairman Calls for No Change to Big Banks' Capital Requirements
Federal Deposit Insurance Corp. Vice Chairman Travis Hill wants regulators to pull back on previous proposals to force banks to hold more capital, according to prepared remarks v ...