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
2023-08-03 03:20
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
Deadly Heat Triggers Covid-Like Shutdown in Iran, With More to Follow
Iran’s declaration of a two-day public holiday over life-threatening heat, as temperatures in parts of the country are
2023-08-03 00:16
Trump's Effort to Sway Pence Before Jan. 6 Is Central to Indictment
Donald Trump’s attempt to strong-arm Mike Pence into refusing to certify the result of the 2020 election wasn’t
2023-08-02 23:46
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
Humana Rises as Insurer Sees Medical Costs Stabilizing
Humana Inc. shares jumped in trading before US markets opened after the insurer said an uptick in medical
2023-08-02 20:58
US Companies Added 324,000 Jobs in July, ADP Says
US companies added more jobs in July than expected, highlighting the persistent strength of the labor market. Private
2023-08-02 20:55
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
CVS Beats Quarterly Profit, Sales Estimates Amid Cost Cuts
CVS Health Corp. beat estimates for second-quarter profit and sales, a sign of strength as the drugstore chain
2023-08-02 19:47
Ukraine Recap: Drone Hits Ukrainian Port, Driving Wheat Higher
Russian forces struck Ukraine’s Danube River port of Izmail in a drone attack, according to government and industry
2023-08-02 18:51