A slowdown in inflation in May was a big step in the right direction, Chicago Federal Reserve Bank President Austan Goolsbee said Friday, but prices need to decelerate further to support a reduction in U.S. interest rates.
Bonds issued by French banks have been selling off, along with government bonds and stocks, as Paris prepares for snap elections that aim to limit the role of the nation’s far-right party in the government.
If Apple shares sustain their gains, more long-only funds that are underweight Apple could pile into the name, one analyst noted.
Some consumers seem to prefer an economic downturn to inflation, the Minneapolis Fed president said. MarketWatch asked economists which is worse.
The $27 trillion U.S. government-debt market is about to conclude a momentous week of trading that’s sending the 10-year Treasury yield down to an 11-week low of 4.2% and could even have more room to run.
Stocks of cruise operators were having a pretty bad day Friday, as BofA Securities analyst Andrew Didora suggested there was a crack in the group’s pricing armor.
Passive investing is making market concentration worse, says new research
Influential trader Keith Gill, also known as Roaring Kitty, is a “true believer” in GameStop Corp., according to Derek Horstmeyer, a professor of finance at the Costello College of Business at George Mason University. Gill this week increased his sta...
