Articles

Dow Jones Newswires: BOJ’s Himino says smooth exit from monetary easing is possible

The Bank of Japan can make a smooth exit from monetary easing once sustainable 2% inflation is achieved, but it needs to keep policy loose for now, Deputy Gov. Ryozo Himino said Wednesday.

: Financial-software company Bill lays off 15% of its workforce

Financial-software company Bill Holdings Inc. announced Tuesday it will lay off 15% of its workforce in an effort to "rightsize" the organization.

Dow Jones Newswires: Rio Tinto plans $6.2 billion investment in Guinea iron ore project

Rio Tinto's single biggest investment over the next few years is likely to be a huge African iron ore project that could reshape global supplies of the steelmaking ingredient.

Dow Jones Newswires: Avis Budget Group announces special dividend of $10 per share

Avis Budget Group said its board declared a special cash dividend of $10 per share of common stock.

Earnings Results: Toll Brothers sells fewer homes, but builder ‘encouraged’ by lower mortgage rates

Toll Brothers Inc. reports lower profit and sales, builder says it is "encouraged" by lower mortgage rates.

: Apple is a $3 trillion company again, for the first time since August

Apple's stock is up 49% so far in 2023, but other big tech stocks have enjoyed bigger gains.

: Biden: ‘If Trump wasn’t running, I’m not sure I’d be running’

President Joe Biden said Tuesday he's not sure he'd be running again for the White House if former President Donald Trump weren't also in the race, telling donors that Democrats "cannot let him win."

Crypto: Bitcoin rally expands to smaller crypto, like Dogecoin

Bitcoin's rally to its highest level since April 2022 helps lift smaller cryptocurrencies. 

Earnings Results: MongoDB earnings clear Wall Street’s bar, but stock falls

MongoDB easily cleared expectations with its latest results and outlook, but shares of the database company were declining 5% in Tuesday's extended session.

The Tell: Sitting on cash? Stocks, bonds pay off more when Fed on ‘pause’ than in ‘easing periods,’ BlackRock says

Investors sitting on cash risk missing gains in stocks and bonds historically seen when the Federal Reserve is on pause, according to BlackRock. 

Project Syndicate: Inflation is falling but interest rates will be higher for longer. Way longer.

The 'lower forever' camp may need to reassess their beliefs in light of current market realities.

Earnings Results: Box’s stock drops 11% on tepid revenue forecast

Box Inc. reported quarterly results Tuesday roughly in line with analysts' revenue and earnings estimates, but offered tepid sales guidance.
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