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 02:15
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 01:57
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
2023-08-03 01:17
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
2023-08-03 00:23
Salesforce Cuts More Jobs After 10% Reduction Earlier This Year
Salesforce Inc. has eliminated more workers beyond a previously announced 10% reduction in a renewed focus on profitability.
2023-08-02 23:23
Treasury Downplays Fitch Rating, Sees ‘Limited’ Yield Impact at Most
A senior Treasury official said there’s limited implications for the price of government debt from the move by
2023-08-02 23:22
Europeans Lack Insurance Protection as Wildfires and Drought Batter the Region
Europeans are among the least insured against certain types of extreme weather and other natural disasters in the
2023-08-02 23:17
1&1 Shares Soar After Signing German Roaming Deal With Vodafone
1&1 AG shares surged after it secured a deal with Vodafone Group Plc that will let the mobile
2023-08-02 21:47
JDE Peet's to stop selling western coffee, tea brands in Russia by year-end
By Stephanie Hamel and Diana Mandia JDE Peet's NV will from the end of the year sell coffee
2023-08-02 21:17
Tunisia Installs New Premier, Adding to Angst Amid IMF Delay
Tunisia’s President Kais Saied replaced his prime minister of almost two years with a little-known figure, injecting fresh
2023-08-02 20:22
America's credit rating got downgraded again. Here's what happened the last time
Fitch Ratings downgraded US long-term debt late on Tuesday from AAA to AA+, citing this spring's debt ceiling standoff as a major reason.
2023-08-02 19:48
Carlyle Profit Slides 26% as New CEO Seeks Rebound
Carlyle Group Inc. reported a decline in second-quarter profit, underscoring the challenge facing new Chief Executive Officer Harvey
2023-08-02 19:17