Market News

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Nasdaq Falls More Than 1%, Entering Correction Territory

Nasdaq Falls More Than 1%, Entering Correction Territory

U.S. share benchmarks pulled back as major banks and household names reported earnings...

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German Benchmark Bond Yield Briefly Turns Positive for First Time Since 2019

German Benchmark Bond Yield Briefly Turns Positive for...

The yield on 10-year German bonds rose after trading in negative territory for over...

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Banks' Rising Expenses Don't Have to Be So Costly

Banks' Rising Expenses Don't Have to Be So Costly

Investors need to stay focused on bank spending that doesn’t scale with revenue,...

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Investors Aren't Sure About Home Builders' Foundations

Investors Aren't Sure About Home Builders' Foundations

The market for new U.S. homes is surprisingly strong, in some ways exceeding the...

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Stocks Waver, While Bond Yields Edge Down

Stocks Waver, While Bond Yields Edge Down

U.S. share benchmarks were little changed and government-bond prices clawed back...

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State Street Profit Rises on New Business, Market Gains

State Street Profit Rises on New Business, Market Gains

The financial holding company’s net income rose 30% to $697 million in the fourth...

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Cartier's Dazzling Festive Season Bodes Well for Luxury Stocks

Cartier's Dazzling Festive Season Bodes Well for Luxury...

Cartier gems likely made it into a record number of Christmas stockings last month....

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Morgan Stanley Profit Rises 9%

Morgan Stanley Profit Rises 9%

The bank joined its peers in posting gains in investment banking but a decline in...

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Stocks Rise, While Bond Yields Edge Down

Stocks Rise, While Bond Yields Edge Down

U.S. share benchmarks and government-bond prices clawed back some losses, as major...

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Bonds Sometimes Don't Make Sense

Bonds Sometimes Don't Make Sense

Fixed-income markets in developed countries have moved more or less in lockstep...

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SoFi, Bakkt, Bank of America, Cisco: What to Watch When the Stock Market Opens Today

SoFi, Bakkt, Bank of America, Cisco: What to Watch When...

SoFi Technologies was cleared by regulators to become a bank-holding company; United...

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How to Navigate Rising Food Prices as Inflation Surges

How to Navigate Rising Food Prices as Inflation Surges

Planning your grocery store trips and making smart substitutes are just a couple...

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Bitcoin Sags in 2022 Under Weight of Stock Selloff and Fed Policy

Bitcoin Sags in 2022 Under Weight of Stock Selloff and...

The crypto market fell alongside U.S. equities for the first two weeks of the year,...

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Sony Braces for Microsoft's 'Pay-to-Win' Strategy

Sony Braces for Microsoft's 'Pay-to-Win' Strategy

Sony shares dropped nearly 13% after Microsoft’s announced megadeal for Activision....

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Stock Futures Waver as Bond Yields Rise

Stock Futures Waver as Bond Yields Rise

U.S. stocks were poised for muted opening moves following Tuesday’s selloff, and...

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SoFi, Bank of America, Cisco, United Airlines: What to Watch When the Stock Market Opens Today

SoFi, Bank of America, Cisco, United Airlines: What to...

SoFi Technologies was cleared by regulators to become a bank-holding company; United...

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Wildfire Risk in California Drives Insurers to Pull Policies for Pricey Homes

Wildfire Risk in California Drives Insurers to Pull Policies...

Concerned about wildfire exposure and frustrated by regulations, insurers in the...

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Bank of America's Quarterly Profit Rises 28%

Bank of America's Quarterly Profit Rises 28%

The second-largest U.S. bank earned $7.01 billion, up from $5.47 billion a year...

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Covid-19 Claims a Big Cruise-Line Victim

Covid-19 Claims a Big Cruise-Line Victim

The insolvency of Genting Hong Kong’s shipbuilding unit put $2.8 billion of the...

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German Benchmark Bond Yield Turns Positive for First Time Since 2019

German Benchmark Bond Yield Turns Positive for First Time...

The yield on 10-year German bonds rose after trading in negative territory for over...

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Stock Futures Slip as Bond Yields Rise

Stock Futures Slip as Bond Yields Rise

U.S. stock futures pointed to another session of declines while government bond...

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Oil Demand to Exceed Pre-Covid Levels in 2022, IEA Says

Oil Demand to Exceed Pre-Covid Levels in 2022, IEA Says

Growing Covid-19 immunization rates and as recent virus waves haven’t proved severe...

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Goldman's Long-Term Shift Remains Key

Goldman's Long-Term Shift Remains Key

Gains on Wall Street trading desks may be slowing, but Goldman Sachs is still placing...

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Crypto.com Halts Withdrawals After Suspicious Account Activity

Crypto.com Halts Withdrawals After Suspicious Account Activity

CEO Kris Marszalek said no user funds were lost. The company will offer a full report...

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