Fixed-income investors are fixating on the idea that trillions worth of pandemic stimulus could end up eroding the value of their holdings. But one obscure slice of the U.S. bond market also could be suggesting that reflation is only temporary.
As Treasury auctions hit their largest on record, global central banks could help absorb the waves of new government issuance set to hit markets this year.
The global tally of confirmed cases of the coronavirus-borne illness COVID-19 climbed above 103 million on Monday with the U.S. accounting for a quarter of that number, as a snowstorm created blizzard conditions across the Northeast and shuttered vaccination sites.
Amazon.com Inc. has already had its most profitable year. But with Prime Day 2020 taking place in October and the holiday shopping season still to be accounted for, the e-commerce giant will only add to the tally.
Futures for gold and silver on Monday trade sharply higher, with bullion’s sister metal hanging around its loftiest level in about 8 years, as dealers attribute recent gains to the spillover of coordinated buying among individual investors gathering on social-media platforms.
Europe overtook China in 2020 to become the world’s largest market for electric vehicles, amid a pedal-to-the-metal push to increase EV adoption from governments and supercharged demand from consumers.
Facebook Inc. is letting iPhone users know how their data is being used for personalized ads in a pre-emptive move before Apple Inc. makes privacy changes to its operating system that Facebook claims will hurt its advertising business.
Elon Musk, the chief executive officer of electric-car maker Tesla, became the interviewer on live-audio conversation app Clubhouse on Monday, as he fired questions at the co-founder and chief executive officer of free trading app Robinhood.
Myanmar’s army launched a coup on Monday morning against the elected government of Nobel peace prizewinner Aung San Suu Kyi, who was detained after early morning raids.
Oil futures gain ground Monday, buoyed in part by a survey indicating crude output by the Organizaton of the Petroleum Exporting Countries rose less than expected in January.
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U.S. stock-index futures on Monday trade solidly higher as the market attempts to recover from its worst weekly loss since October as worries about GameStop Corp., stemming from trading in videogame retailer and others, fueled a ripple of selling on Wall Street.
Drugmakers and health officials are trying to reassure Americans that COVID-19 vaccines and antibody-based coronavirus treatments will still be effective against a new strain of the virus that has emerged from South Africa.
Government officials in the U.S. and Europe have called for stricter mask protocols as more infectious strains of the coronavirus circulate, yet there is still concern that demand for respirator masks in the U.S. far outweighs supply.
MGM recently scored the rights to a book proposal about the WallStreetBets Reddit forum tentatively titled “The Antisocial Network,” Deadline reported Sunday.