Market Snapshot: Dow, S&P 500 and Nasdaq hit record levels after report China, U.S. agree to cancel tariffs in stages
U.S. stocks climb to new records after reports China and the U.S. may lift each other’s tariffs in phases.
Economic Report: U.S. jobless claims fall to one-month low of 211,000 — labor market stays strong
The number of people who applied for U.S. unemployments benefits in early November fell to the lowest level in a month and clung near a...
Market Extra: Bond traders take crack at frustrating bet on steeper yield curve for umpteenth time
A growing cohort of rates strategists say easing uncertainty around the global economy could finally clear the way for the gap between short-term...
Dow Jones Newswires: UniCredit’s net profit soars, beating forecasts
Net interest income — the difference between what lenders earn from loans and pay for deposits, and a key profit driver for retail banks — fell 5%...
Asia Markets: Asian markets slip on report of possible trade-deal delay
Asian markets were mostly down in early trading Thursday as investors continued to mull the likelihood of a trade deal between the U.S. and China....
How the latest steps by Alipay and WeChat bring China closer to replacing cash with cellphones
China’s two leading mobile-payment platforms announced this week that they will begin allowing foreign visitors to utilize their digital wallets on...
Vitaliy Katsenelson's Contrarian Edge: I thought I’d own SoftBank stock for decades, but the WeWork debacle changed my mind
When SoftBank started throwing good money after bad to rescue WeWork, Vitaliy Katsenelson’s investment firm sold its shares.
Bond Report: Treasury yields fall after reports say U.S.-China trade meeting postponed
U.S. Treasury yields fall Tuesday after reports say that a meeting between President Donald Trump and Chinese President Xi Jinping could be delayed...
Market Snapshot: Stocks slip on report of China trade deal delay
U.S. stocks were slightly lower Wednesday as markets parsed a report of a potential China-U.S. trade deal delay, weighed corporate quarterly...
Key Words: Founder of world’s biggest hedge fund says ‘world has gone mad’ with easy money and ‘system is broken’
Ray Dalio, the founder of hedge fund behemoth Bridgewater Associates, believes that investors aren’t necessarily investing on a solid footing....