Financial Services

Japan: BOJ hikes interest rates for the first time in 17 years

Business
Jessica Roberts

TOKYO (AP) — Japan’s central bank raised its benchmark interest rate Tuesday for the first time in 17 years, ending a longstanding ...

Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto

Business
Jessica Roberts

NEW YORK — NEW YORK (AP) — Bitcoin has hit an all-time high less than two years after the collapse of the ...

Amazon to join Dow Jones Industrial Average next week

Business
Jessica Roberts

Last Updated: Feb. 20, 2024 at 5:52 p.m. ET First Published: Feb. 20, 2024 at 5:32 p.m. ET Amazon.com Inc. is set ...

Why Super Micro’s stock is tanking — and about to snap a nine-day win streak

Trending
Sarah Wilson

Super Micro Computer Inc.’s monster rally was stalling Friday, as its stock headed for a dramatic drop that would snap its longest ...

How bonds perform one year after the Federal Reserve’s first rate cut of a cycle

Business
Jessica Roberts

Published: Feb. 16, 2024 at 2:51 p.m. ET The U.S. bond market’s strong rally in the fourth quarter likely has more room ...

10 best high-yield savings account rates of February 2024 (two banks pay 6.17%)

Business
Jessica Roberts

How much are you earning with your savings account? If it’s below 5%, experts say it may be time for a change. ...

Mark Zuckerberg could pay millions in taxes to the IRS on Meta dividends

Business
Jessica Roberts

Mark Zuckerberg delighted Meta shareholders and Wall Street this week with news of the social media giant’s first-ever dividend. The IRS may ...

Macy’s rejects $5.8B takeover bid from Arkhouse Management, Brigade Capital Management

Business
Jessica Roberts

Macy’s is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a ...

Why this money manager is betting bonds over stocks this year

Business
Jessica Roberts

Out of eleven sessions so far this year, the S&P 500 SPX has managed to close higher in three (and one just ...

Fed’s Beige Book finds signs of cooling labor market across most of the country

Business
Jessica Roberts

Published: Jan. 17, 2024 at 2:22 p.m. ET There were signs that the labor market was cooling in nearly all regions of ...