Jan 10 - Sterling continued its slide on Friday, its fourth day of falls, as elevated global bond yields kept the currency ...
Aging populations, as Japan taught us, are inherently deflationary. Folks in their 70s don’t spend the way 20-somethings do.
U.S. inflation data will be top of the agenda in the week after recent very strong jobs data and could cause investors to ...
The “buy the dip” financial news teleprompter readers and the 30-year-old portfolio managers who have never seen a market ...
The final jobs report of 2024 showed an uptick in hiring and a slight decrease in the unemployment rate. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 ...
The unemployment rate, which is derived from a separate survey, ticked down to 4.1% from 4.2% the prior month. Economists expected the unemployment rate to remain unchanged. Average hourly earnings ...
Higher bond yields are spooking stocks, but retirees are helping driving demand for annuities and corporate debt.
This underperformance marks a pivotal shift in the narrative surrounding China’s economic trajectory. 2024 has been a turning ...
Mortgage refi rates again added points, pushing the average almost to its highest level since July. Rate movement was mixed across other refi loan types.
Thursday, but it pushes them closer to the 6-month high notched two weeks ago. Rates gained for many other loan types as well.
Stronger-than-expected data on the labor market has intensified concerns that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.
Wall Street’s reaction to the strong December jobs report shows just how much bond yields and interest-rate expectations are driving the stock market these days. The Dow was down 630 points, or 1.5%, ...