The vicious surge in bond yields over the past few weeks is drawing comparisons to bond-market selloffs of similar magnitude, but analysts say this analogy falls short in one crucial measure.
Gold futures head for a fourth straight decline Friday, putting bullion on track to suffer a second monthly loss, as a dramatic rise in government bond yields has undercut demand for the precious metal.
Foreign lobbyists are dealing with a new Washington, as Democrats nowadays control the White House and both chambers of Congress. One expert on the influence industry, Ben Freeman, speaks with MarketWatch about important trends that he’s spotting.
GameStop Corp.’s stock appeared relaxed in early morning trading Friday compared with recent days but shares are still on track for their second best week of what has been a tumultuous year.
The number of confirmed cases of the coronavirus-borne illness COVID-19 climbed above 113 million on Friday, amid a flurry of positive vaccine news and as a regulatory advisory committee gathered to review Johnson & Johnson’s vaccine candidate for a possible emergency use authorization.
Shares of Velodyne Lidar Inc. fell Friday after a wider-than-expected fourth-quarter loss, as the lidar sensor maker continued to lower prices to entice new customers.
Americans are still unsure how rapidly the U.S. economy will recover from the pandemic and restore millions of jobs that have been lost even as the rate of vaccinations speeds up, a new survey showed. The final reading of consumer sentiment in February inched up to 76.8 points from 76.2, but it is still 25 points below it precrisis peak.
The Chicago PMI fell to 59.5 in February from 63.8 in the prior month, according to MNI Market News International. The January level was the highest since July 2018.
Financial advisers can play a part in reducing the racial wealth gap, but finding the right one to put you at ease isn’t always easy for a person of color.
For one Senate committee staffer — who was brought out of retirement by Senate Budget Chairman Bernie Sanders only a few weeks ago — the loss may particularly sting: Bill Dauster, chief counsel for Sen. Bernie Sanders’ Budget Committee.
Tesla Inc. Chief Executive Elon Musk said the company paused activity at its lone U.S. car plant in Fremont, Calif., because of parts shortages but has restarted operations.
Airbnb Inc. and DoorDash Inc. went public near one another late in 2020, then took to the earnings stage for the first time as a pair Thursday to report similar gigantic quarterly losses.
U.S. Treasury yields see a steady rise in rates ignite into a surge Thursday, putting government debt across the curve on track to mark the biggest weekly yield moves in months and their sharpest monthly moves in four years.