Articles

Inflation should slow enough to spur interest-rate cuts ‘later this year,’ Fed’s Williams says

Inflation is likely to slow toward 2% and pave the way for reductions in U.S. interest rates “later this year,” the president of the New York Federal Reserve Bank said this week.

Cannabis stocks rise as Germany takes ‘first big step’ toward broader legalization in Europe 

Curaleaf Holdings Inc. Executive Chairman Boris Jordan and other cannabis executives on Friday praised Germany’s removal of cannabis from a list of narcotics as a potential boost to the marijuana business, as stocks in the sector rose.

Nasdaq 100 rose 3% for the first time since the dot-com bubble era. Why it brings up old memories of this ‘scary’ period

The tech-heavy Nasdaq 100 index on Thursday scored a daily advance of over 3% to close at its all-time high for the first time since March 2000, a scene in some ways reminiscent of the dot-com era which led up to the bursting of the bubble preluded the recession, according to Bespoke Investment Group.

Russia faces new sanctions, but they’ve all looked like ‘more bark than bite’

The U.S. and its allies have rolled out fresh sanctions against Russia this week, but the effort is sparking new discussion about how all of the unprecedented sanctions haven’t been hurting the country as much as expected.

Reddit’s IPO filing names WallStreetBets’ ‘popularity’ as risk to stock price

“Short it,” wrote one WallStreetBets user, referring to Reddit’s planned initial public offering.

Carvana’s bonds gain along with stock but high debt levels remain a worry

The company’s maturity stack looks manageable today, after Carvana conducted a successful debt exchange last August that pushed the bulk of its maturities back to 2030 and 2031.

Home foreclosures are rising in these states, but aren’t at a worrying level yet 

Foreclosures ticked up in January, signaling distress among some homeowners, according to Attom.

‘No-landing’ scenario and strong stock market raise the risk of a bonds selloff

U.S. stocks soared to new heights on Friday amid growing investor optimism, which is giving way to a new risk in financial markets: The possibility of a strong selloff in long-term U.S. government debt.

Is this the new normal Xi Jinping promised the Chinese people? Yes and no.

The country’s growth rate has been trending down for 15 years, but it’s rarely been this low — and consumers have never been this uneasy.

I’ve been diagnosed with dementia. I suddenly could not spell or write legibly: ‘I don’t want my wife to lose everything.’

“I am getting worse, so I want to protect my wife of 24 years, and our finances.”

Cruise operator Viking Holdings files confidentially for IPO

Viking Holdings Ltd., a travel company that specializes in cruises, said Friday it has filed confidentially with the Securities and Exchange Commission for an initial public offering.

UBS raises 2024 forecast for S&P 500 after ‘surge in AI investment’

UBS Group’s global wealth management business has raised its year-end target for the S&P 500 index to 5,200, citing drivers such as surging investment in artificial intelligence.
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