Asia Stocks to Fall as US Shares, Treasuries Drop: Markets Wrap
Asian equity futures fell after heavy selling in US stocks and long-dated Treasuries as investors digested data showing
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
Taylor Swift gives 'life-changing' $100,000 bonuses to Eras Tour truck drivers
Taylor Swift is going out in "Style."
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
Kansas City Fed Names Veteran Banker and Regulator as Its Chief
The Federal Reserve Bank of Kansas City appointed a longtime former banker and bank regulator its new president
1970-01-01 08:00
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
1970-01-01 08:00