Investors losing sleep over the dramatic loss of market capitalization for the stocks of the…
debt
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STOCK MARKET
Mortgage rates stay put at 7%, but first-time buyers aren’t holding back
by userby userThe numbers: U.S. mortgage applications ticked up, driven by an increase in first-time home-buying activity,…
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STOCK MARKET
‘Magnificent Seven’ shed $233 billion in market cap, dragging down stock market
by userby userIt has been a not-so magnificent Tuesday. The “Magnificent Seven” group of technology companies that…
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STOCK MARKET
Roubini: Trump policies risk higher inflation, slower growth and lower stock and bond prices
by userby userWe have entered a period of intensifying geopolitical rivalries and conflicts. Russia’s war on Ukraine…
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The numbers: The Institute for Supply Management said on Tuesday that its service-sector PMI fell…
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STOCK MARKET
MicroStrategy’s stock sinks after plan to offer convertible debt to buy bitcoin
by userby userShares of MicroStrategy Inc. slumped Tuesday, as the business-analytics software company and bitcoin play’s plan…
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STOCK MARKET
How Morgan Stanley’s bearish strategist may be right for the wrong reason
by userby userSurely everyone’s contrarian impulses were triggered by the sight of the guy nicknamed Dr. Doom…
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STOCK MARKET
Biden gets the blame for U.S. inflation staying higher for longer, but he shouldn’t
by userby userU.S. inflation has come down, but not enough for voters to stop complaining about high prices. Since…
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STOCK MARKET
Treasury yields dip as traders eye Powell testimony and jobs data later in week
by userby userU.S. bond yields fell early Tuesday as markets awaited midweek testimony from Federal Reserve Chair…
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STOCK MARKET
Fed has the luxury of making policy without pressure of urgency, Bostic says
by userby userWith the labor market strong and growth above trend, there isn’t pressure on the U.S.…