interest rates

US stocks tumble after Meta’s reality check, soft GDP print

Business
Jessica Roberts

Stocks fell on Thursday after a sharply lower-than-expected reading on US GDP for the first quarter ratcheted up questions about the health ...

Barclays first quarter earnings, swings back to profit amid overhaul

Business
Jessica Roberts

Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K. Bloomberg | Getty Images LONDON — Barclays on Thursday reported ...

JPMorgan warns stock market sell-off has ‘further to go’

Business
Jessica Roberts

Stocks rebounded from their recent slump on Monday, but some bearish Wall Street strategists still see concerns that aren’t going away anytime ...

Fed’s Preferred Inflation Gauge Is Set to Back Rate-Cut Patience

Business
Jessica Roberts

(Bloomberg) — Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be ...

Treasuries Hit as Hawkish Fed Views Keep Piling Up: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — The world’s biggest bond market extended this month’s selloff after solid economic readings and hawkish Fedspeak reinforced speculation that interest ...

Big Tech will outperform in a high interest rate environment: Wall Street pros

Business
Jessica Roberts

No rate cuts, no problem. Investors are revisiting an old playbook as mega-cap tech stocks came back in favor last week. The ...

Wells Fargo profit beats estimates as shares swing on interest outlook

Business
Jessica Roberts

By Saeed Azhar, Noor Zainab Hussain and Manya Saini (Reuters) -Wells Fargo’s profit fell 7% in the first quarter, beating analysts’ forecasts, ...

Stocks Get Hit as War Jitters Fuel Rush to Bonds: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — The global financial world was roiled by a flare-up in geopolitical risks that sent stocks sliding — while spurring a ...

Why stocks could still rise even as rate cut hopes fade

Business
Jessica Roberts

Investors are pushing back bets on when the Federal Reserve will begin cutting interest rates, but many Wall Street strategists believe this ...

Why the Fed needs to cut interest rates to lower inflation, according to a JPMorgan strategist

Business
Jessica Roberts

US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023.Liu Jie/Xinhua via Getty Images If ...