interest rates

European Stocks Drop on Rates Outlook, France Poll: Markets Wrap

European Stocks Drop on Rates Outlook, France Poll: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — European stocks declined after policy makers signaled they need more evidence that price pressures are under control, even as the ...

Is Bank of America Stock a Buy?

Is Bank of America Stock a Buy?

Business
Jessica Roberts

Since late October last year, Bank of America (NYSE: BAC) has been on a tear, increasing 58% as the Federal Reserve signaled ...

The US housing market has entered bizarro world

The US housing market has entered bizarro world

Business
Jessica Roberts

The US housing market is twisting the most basic principle of economics: supply and demand.C.J. Burton/Getty Images The US housing market is ...

Walgreens CEO calls consumers ‘increasingly selective and price-sensitive’ as retailer cuts profit outlook

Walgreens CEO calls consumers ‘increasingly selective and price-sensitive’ as retailer cuts profit outlook

Business
Jessica Roberts

Walgreens’ (WBA) quarterly results are the latest sign that US consumers are increasingly under pressure. Shares of Walgreens Boots Alliance tanked 24% ...

Why Pool Corp., Home Depot, and Lowe’s Took a Dive Today

Why Pool Corp., Home Depot, and Lowe’s Took a Dive Today

Business
Jessica Roberts

Shares of housing-related stocks Pool Corp. (NASDAQ: POOL), Home Depot (NYSE: HD), and Lowe’s (NYSE: LOW) were falling in Tuesday’s trading, down ...

Stocks Edge Lower as Traders Await Inflation Cues: Markets Wrap

Stocks Edge Lower as Traders Await Inflation Cues: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — European stocks ticked lower as traders geared up for a week of political risks and inflation data which may help ...

How Long Will High Rates Last? Bond Markets Say Maybe Forever

How Long Will High Rates Last? Bond Markets Say Maybe Forever

Business
Jessica Roberts

(Bloomberg) — Just as optimism is growing among investors that a rally in US Treasuries is about to take off, one key ...

US stocks close mixed but gain for the week as the AI trade stumbles

US stocks close mixed but gain for the week as the AI trade stumbles

Business
Jessica Roberts

Traders work on the floor of the New York Stock Exchange.Spencer Platt/Getty Images US stocks finished the week higher even as the ...

European Stocks Give Up Gains on Fed Rate Caution: Markets Wrap

European Stocks Give Up Gains on Fed Rate Caution: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — European stocks relinquished some of the gains they’ve achieved after Wednesday’s softer US inflation print as the Federal Reserve’s more ...

Here’s what Wall Street sees for Fed rate cuts after May inflation came in cool

Here’s what Wall Street sees for Fed rate cuts after May inflation came in cool

Business
Jessica Roberts

OLIVIER DOULIERY/Getty Images The latest inflation data has bolstered the case for looser monetary policy. Investors cheered a soft May inflation report, ...