Articles

Fed’s Logan says ‘much too soon to think about cutting rates’

Logan worried about upside risk to inflation

Why stock-market bulls aren’t rattled by hot U.S. jobs data and fading rate-cut hopes

Another round of red-hot U.S. jobs data Friday put a deeper chill on expectations the Federal Reserve will begin in June to deliver a series of interest rate cuts in the near future, but stock-market investors seem relatively okay with that.

Zimbabwe launches new currency backed by gold and foreign currencies

Zimbabwe’s central bank on Friday said its beleaguered local dollar will be replaced by new currency backed by gold, other precious metals and foreign currencies.

Here’s the biggest risk to the ‘anything but bonds’ rally that has been driving up the rest of the market

Stocks, cryptocurrencies and commodities have been driven higher by an aversion to bonds. Here’s how that might end, according to Bank of America.

Why this AMD bull is keeping the faith in the face of the stock’s weakness

AMD’s stock is off 19% over the past month and the biggest decliner in the PHLX Semiconductor Index over that span.

Bank of America’s paper loss on its bond portfolio reaches $110 bln and outpaces other banks: report

Barron’s report says bond prices suggest drop in value in Bank of America’s Held-to-Maturity (HTM) securities in Q1.

Candel Therapeutics stock jumps as pancreatic cancer treatment shows promise

Shares of Candel Therapeutics climbed early Friday after the company released new data on its experimental cancer treatment.

SoFi’s stock has faced very negative sentiment, but that seems to be softening

Wall Street has been warming up a bit more to SoFi shares this week, as they just picked up their second upgrade of the past few days.

InHouse: A one-stop shop to getting your Airbnb guest-ready

How one company provides everything you need to turn your new short-term rental into a five-star experience for your guests.

$1.46 million is retirement’s magic number? It’s a fantasy for most.

The data only skim the surface.

Leafly stock on track for higher opening after NY court ruling strikes down advertising ban for cannabis

Judge Kevin Bryant says rule violated free speech.

As Congress returns next week, TikTok steps up its fight against a possible ban

While the U.S. Senate is preparing to get back to work Monday on Capitol Hill, it’s not expected to move fast on a House-passed bill that could lead to a nationwide ban for TikTok – and a new advertising blitz from the app aims to help give senators pause.
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