Banks With Heavy Commercial Property Exposure See Bonds Get Hit
Bond investors have punished banks with heavy exposure to commercial real estate, potentially adding even more pressure to the lenders’ profits as Wall Street scrambles...
The Dominant Dollar Faces a Backlash in the Oil Market
Updated Dec. 28, 2023 12:00 am ET Some major emerging economies are dabbling in trading commodities without using the dollar, as they seek to reduce...
How Can Spending Be Up When People Feel Down?
Updated Dec. 27, 2023 12:00 am ET According to the Misery Index, Americans shouldn’t be all that miserable. But they might only recently have started...
American Borrowers Are Getting Closer to Maxing Out
A happy holiday shopping season might not end up being an especially cheery time for lenders. Card loans are still growing, on average rising 1.6%...
Voters See American Dream Slipping Out of Reach, WSJ/NORC Poll Shows
Nov. 24, 2023 12:01 am ET The American dream—the proposition that anyone who works hard can get ahead, regardless of their background—has slipped out of...
Wall Street Loves Washington’s New Debt Approach—for Now
Updated Nov. 16, 2023 4:04 pm ET Swelling deficits and weak investor appetite for long-term U.S. debt are pushing the Treasury Department to get more...
The $2 Trillion Interest Bill That’s Hitting Governments
Updated Nov. 15, 2023 12:07 am ET Listen to article (2 minutes) The world spent the past decade-plus taking advantage of rock-bottom interest rates to...
Gold moves higher as yields, dollar slip after U.S. inflation data
By Ashitha Shivaprasad, Anushree Ashish Mukherjee (Reuters) – Gold prices gained on Tuesday as the dollar and Treasury yields retreated after softer-than-expected U.S. consumer inflation...
Gold lacks momentum as traders seek more Fed cues
(Reuters) – Gold prices retreated for a third straight session on Wednesday as investors looked for fresh cues on the U.S. central bank’s interest rate...
Big Banks Cook Up New Way to Unload Risk
U.S. banks have found a new way to unload risk as they scramble to adapt to tighter regulations and rising interest rates. JPMorgan Chase, Morgan...