Articles

Odds of a June rate cut by Fed slip below 50%, according to this gauge

In the run-up to Wednesday’s policy update by the Federal Reserve, traders in overnight index swaps gravitated toward a less-than-50% likelihood that policy makers will deliver their first interest-rate cut in June.

Why it’s so hard to buy a house right now — and the reasons it could get easier soon

House hunters looking to buy a home this spring are continuing to find the housing market challenging.

Reddit’s IPO could be a bellwether for other offerings this year, says Vanderbilt professor

Reddit’s IPO is drawing comparisons to that of another popular social-media platform.

Why earnings growth, not the Fed’s interest-rate policy, is driving U.S. stocks

U.S. stocks have been ignoring higher interest rates from the world’s most powerful central bank over the past few years, as incremental earnings growth gives investors ample reasons to pour money into equities.

Treasury yields on verge of level that could disrupt the stock-market rally, warns strategist

As two key central bank meetings loom, one Wall Street strategist warns that rising Treasury yields could derail a record-setting rally in U.S. stocks if they surpass one key level.

Why S&P 500’s consumer-discretionary sector is ‘left behind’ in U.S. stock market

The S&P 500’s consumer-discretionary sector is one of the worst-performing areas of the U.S stock-market index this year.

Reddit’s impending IPO is up to five times oversubscribed, report says

Reddit’s closely watched initial public offering is between four and five times oversubscribed, according to a Reuters report.

Trump says he’s asked 30 companies to back his $454 million appeal bond and all have said no

In a legal filing before the New York Court of Appeals on Monday, former President Donald Trump said he has approached nearly 30 surety companies to help back the bond he needs in order to pursue an appeal, and that all have said no.

This Ryan Reynolds-backed company’s stock rockets on confirmed buyout interest

Nuvei’s stock charged up toward a seven-month high Monday, after the Canada-based financial-technology company confirmed that it has held talks regarding a potential buyout.

Cisco Systems’ $28 billion acquisition of Splunk ‘went much faster than we thought’

Cisco Systems Inc. on Monday completed its $28 billion acquisition of Splunk Inc. “much faster than we thought,” Cisco Chief Financial Officer Scott Herren said in an interview.

My sister is in her 80s, and she recently remarried, but her less-wealthy husband insists on filing a joint tax return. Should she be concerned? 

“I believe that my sister’s assets exceed those of her husband. They live in her new husband’s home in California, which has a mortgage.”

Goldman senior banker Stephanie Cohen departs for strategy role at Cloudflare

Goldman Sachs Group Inc. senior banker Stephanie Cohen is leaving the bank after 25 years to become the first chief strategy officer at Cloudflare Inc.
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