Articles

Wall Street is divided on whether bitcoin is ‘frothy,’ and will undo Fed’s rate-cut plans

What does the bitcoin rally mean for stocks and the Fed’s rate cutting plans? Two Wall Street banks weigh in with opposing views.

Novo Nordisk stock hits new record as it advances oral weight-loss drug

Novo Nordisk’s stock hit a fresh record high as the Danish drugmaker held a capital-market day, presenting the next-generation of drugs that have propelled it to becoming Europe’s largest company by market capitalization.

These mutual fund and ETF investing tips help you compete in any stock-market ‘March Madness’

Slam-dunk stocks, star managers, and bitcoin buzz.

Nikkei 225 slides, yen surges on Japanese wage growth acceleration

The Nikkei 225 fell below 40,000 and the yen surged after data showing accelerating wgae growth in Japan, boosting the prospects that it will soon end its negative interest-rate regime.

Nationwide strikes deal to buy Virgin Money for £2.9 billion in challenge to Big Four U.K. banks

If completed, the merger would see Nationwide overtake NatWest to become the U.K.’s second largest mortgage and savings provider

The 2024 Ford Bronco is civilized in town but really shines off-road

Engineered for off-roading, the 2024 Ford Bronco provides nine trim levels, standard 4-wheel drive, 2- and 4-door versions, and the promise of high adventure.

Lobbyist group claims 97% of the public have a view on bank capital rules. Here’s its justification.

Does 97% of the public really have a view on Basel III Endgame bank capital rules?

Treasury yields inch higher ahead of more Powell testimony, looming jobs data

Bond yields rose early Thursday ahead of a second day of Congressional testimony from Fed chair Jay Powell

Fed’s Kashkari says it’s possible he pencils in only one interest-rate cut this year

Minneapolis Fed President Neel Kashkari said Wednesday that he had penciled in two interest rate cuts in 2024 during the central bank’s last forecasting round in December, but added he may reduce the number of cuts he see at the Fed’s next meeting in two weeks.

Honest Co. shares surge on positive revenue outlook

Honest Co. shares were trading in the green after hours following the release of fourth-quarter financial results that showed revenue increasing and the company swinging to a gain.

Express delisted from NYSE; retailer appears unlikely to appeal

The Wall Street Journal reported in February the company was preparing for a debt restructuring that could include filing for bankruptcy.

With the State of the Union on deck, the bookies warn: Biden is in deep trouble

If you’re trying to handicap November’s presidential election eight months out, don’t just look at the polls. Following the betting.
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