Articles

Ford Motor Co.’s stock rose 3% Wednesday after an upbeat earnings report that also spurred buying of its outstanding bonds and helped spreads tighten over U.S. Treasurys.

Just as investors are settling into the idea of no Federal Reserve interest rate cut soon, there’s another scenario gaining some support with the potential to upset financial markets this year.

The chief of the Boston Federal Reserve said inflation has slowed faster than expected and that a reduction in interest rates would be suitable “later in the year” but added the central bank wants more certainty before it cuts interest rates.

A massive energy shock following Russia’s invasion of Ukraine in 2022 added to inflation pressures that ravaged eurozone economies following the onset of the COVID pandemic. Switzerland, meanwhile, stood apart.

Federal Reserve Gov. Adriana Kugler said it would be “appropriate” to lower U.S. interest rates if inflation continues to slow, but she stressed “it is critical” that inflation returns to the central bank’s target of 2%.

WeWork founder has turned to hedge fund giant Dan Loeb’s Third Point in the latest twist in the office-sharing company’s saga

A change in strategy has helped transform the GoodHaven Fund from a long-term underperformer into an outperformer since the end of 1999.

Snap’s huge stock rally in the months before earnings confused analysts in light of persistent business challenges.

Shares of VF Corp. got tripped up Wednesday, after the footwear and apparel company reported “particularly disappointing” fiscal third-quarter results, citing weakness in its iconic North Face and Vans brands.

Shares of Yum Brands Inc. climbed Wednesday, shrugging off the company’s weaker-than-expected fourth-quarter profit and revenue. After falling in premarket trading, Yum Brands’ stock is up 3%.

The U.S. trade deficit rose slightly in December, but the annual gap still fell to the lowest level in three years and added to economy’s strong performance in 2023.

Chinese stocks may have finally found a bottom after their worst week in nearly a year, according to several Wall Street analysts.