Articles

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.

First-quarter earnings are here. So is the ‘hard part’ in the fight against higher prices.

With first-quarter earnings reports just around the corner, the biggest battles with inflation might be out of the way for businesses and their customers.

Wegovy’s heart benefits are not just linked with weight loss, new study suggests

People with obesity-related heart failure and diabetes can get substantial heart-health benefits from weight-loss drug Wegovy, even if they don’t shed many pounds on the medication, according to new research.

Mark Zuckerberg now richer than Elon Musk for first time since 2020

Mark Zuckerberg became the third richest person in the world on Friday, surpassing Elon Musk for the first time since 2020.

As IPO buzz swirls, Panera Bread enjoying foot traffic ‘growth spurt’, research says

Casual-dining restaurant chain Panera Bread is well positioned for a potential IPO amid growing foot traffic to its locations, according to data from analytics company Placer.ai.

Latest threat to stock-market rally? Investors suddenly fear geopolitical risks.

Concerns about a potential Iranian retaliation against Israel added to the week’s rout in stocks
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