Gold (XAUUSD) Jumps After Iran Strike Against Israel Stokes Haven Demand
Gold traded below last week’s new high, even after Iran’s unprecedented attack on Israel over the weekend. Bullion rose as much as 1.2% as the...
Jamie Dimon warns on U.S. economy in 2024, 2025
JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because of a combination of financial and...
Inflation Report to Show Fed’s Battle Is Now All But Complete
The US inflation outlook was already steadily improving in recent months, but last week, right in the middle of the Federal Reserve’s two-day policy meeting,...
Treasury yields fall as traders assess prospects of future Fed rate cuts
The 10-year U.S. Treasury yield retreated on Tuesday as traders continued to assess the prospect of future rate cuts from the Federal Reserve. The yield...
Zombie firm bankruptcies amid Fed interest rate hikes
In the U.S., 516 publicly listed firms have filed for bankruptcy from January through September 2023. Many of these firms have survived for several years...
Credit card losses rising at fastest pace since Great Financial Crisis
Frederic J. Brown | AFP | Getty Images Credit card companies are racking up losses at the fastest pace in almost 30 years, outside of...
Dow Drops 300 Points, Turns Negative for the Year as Bank Fears Grow: Live Updates
Regional banks led the broader market lower as contagion fears resurfaced. [ad_2] Source link...
First Republic loses a third of its value amid reports it’s considering a sale
First Republic Bank’s stock rose Thursday after steep losses earlier in the day, following reports that the nation’s largest banks are in talks to provide...
10-year Treasury yield briefly hits highest level since November
U.S. Treasury yields were little changed on Tuesday to cap off a month of sharp gains, as traders weighed the prospects of tighter for longer...
Risk of ‘wrathful Old Testament–style’ reaction from central banks is rising, JPMorgan says
The “gentle and forgiving path” taken by developed-market central banks to rein in inflation over the past year is likely to prove unsuccessful and trigger...