Stocks and bonds have surged in November. With record investor balances in money-market funds, some analysts are optimistic that they have more room to run. Everything from technology stocks to junk-rated company debt has been rising after an encouraging inflation… Read More »Investors Are Hungry for Risk—and Holding Record Cash Sums
(Reuters) – U.S. Securities and Exchange Commission (SEC) officials have told lobbyists and corporate executives in recent days that the agency’s long-anticipated climate rules may scale back some of the most demanding greenhouse gas emissions disclosure requirements that it had… Read More »Exclusive: US securities regulator signals it may curb climate rule ambitions
The S&P 500 is set for a fresh high in 2024 because US companies have adapted to higher rates and weathered macroeconomic jolts, according to Bank of America Corp. strategists who join a growing chorus of optimistic Wall Street forecasters.… Read More »Bank of America Sees S&P 500 Hitting Record 5,000 Next Year
Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime soon, particularly as inflation remains well above their goal, according to minutes released Tuesday. The summary of the meeting, held Oct. 31-Nov. 1, showed that… Read More »Fed gave no indication of possible rate cuts at last meeting, minutes show
The year’s top venture capital story has been The Next Great Platform Shift, as every tech startup is either incorporating, or trying not to get run over by, artificial intelligence. But, but, but There’s also been a second sea change building… Read More »Weight-loss drugs are the next startup platform shift
(Reuters) – U.S. Securities and Exchange Commission (SEC) officials have told lobbyists and corporate executives in recent days that the agency’s long-anticipated climate rules may scale back some of the most demanding greenhouse gas emissions disclosure requirements that it had… Read More »Exclusive: US securities regulator signals it may curb climate rule ambitions
Wall Street believes its soft-landing dream is on the verge of coming true. That is prompting a fresh wave of demand for stocks. Markets have rallied since last week’s consumer-inflation report came in softer than expected. Many analysts and portfolio… Read More »Wall Street Has a Plan for a Soft Landing: Buy More Stocks
KEY POINTS Families preparing for Thanksgiving will find that turkeys are cheaper this year. The U.S. bird population recovered from last year’s avian flu, boosting supply and helping push down prices. This year, a 16-pound frozen whole turkey costs $27.35 on… Read More »Turkeys are cheaper, but inflation is ‘clearly impacting’ Thanksgiving food costs, economist says. Here’s how to save
(Reuters) – The U.S. central bank must steer between the risk of doing too little and taking the fight against inflation too far, Federal Reserve Governor Lisa Cook said on Thursday, a task made particularly delicate because other global central… Read More »Fed’s Cook says economic risks two-sided, ‘soft landing’ possible
(Reuters) – Some of the major banks in the world expect global economic growth to slow further in 2024, squeezed by elevated interest rates, higher energy prices and a slowdown in the world’s two largest economies. The global economy is… Read More »Global economy to slow down but likely avoid recession in 2024