Articles

The energy sector’s on a tear. But $100 oil is not likely, says Goldman Sachs.

Goldman Sachs does not expect a supply shock to push prices higher

Are employers willing to hire older workers?

A series of studies suggests tempered optimism at best

Gold hits fresh record — UBS lifts forecast, says more ETF buying will be the next catalyst

Gold prices headed for the 14th record high this year on Monday, as a Wall Street bank lifted its now-surpassed targets for the precious metal.

Treasury yields continue to rise as CPI comes into focus

Bond yields rose on Monday as investors prepared for a vital inflation report.

Paddy Cosgrove returns as Web Summit CEO after quitting over Israel-Hamas comments

Paddy Cosgrove on Monday said he was returning to become chief executive of tech conference company Web Summit, after quitting in the wake of controversial comments made after Israel’s initial reaction to Hamas’s attack in October.

For stocks, the reaction in the 10-year will be more important than CPI itself, says Mike Wilson

Inflation data is out on Wednesday — and stock-market investors should focus on the reaction in the bond market rather than parse the consumer price index itself.

Biden wants to cancel student debt for 25 million borrowers — here’s his new plan

President Joe Biden will announce a proposal Monday that, if implemented, will cancel at least some student debt for an estimated 25 million borrowers.

European companies are finally buying back their stock, opening up opportunities

Historically, dividends have played a much more important role in Europe than in the U.S., but that’s changing.

Kimberly-Clark to sell PPE business to Ansell for $640 million

Kimberly-Clark will sell its personal protective equipment business to Ansell for US$640 million in cash, agreeing to a deal that the Australian company’s chief executive said had been under consideration for years.

China’s forex reserves edge higher, new tech lending program announced

Country’s foreign-exchange reserves edged up in March, while the People’s Bank of China announced a new relending program to sponsor tech development.

Suddenly, expectations for Fed rate cuts are all over the place

The Fed has penciled in three cuts this year. The market had been pretty certain that cuts would start in June, but doubts are creeping in.

Stock-market rally faces key test: Will hot inflation data kill rate-cut hopes?

Can the stock market rally continue if rate cuts no longer appear imminent? Investors may soon find out.
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