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Treasury yields end at highest levels in up to 2 weeks after jobless claims, Philadelphia Fed’s factory gauge
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MarketWatch - Business
Philadelphia Fed’s factory gauge moves back into growth territory in September
The Philadelphia Federal Reserve Bank said Thursday its gauge of regional business activity rose to 1.7 in September from negative 7 in the prior month.7 hours ago -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...23 hours ago - Federal Reserve -
MarketWatch - Business
Jobless claims fall to lowest level since May
The number of Americans who applied for unemployment benefits last week fell to the lowest level since mid-May.6 hours ago -
MarketWatch - Business
2-, 10-year Treasury yields bounce off 2024 lows after August retail-sales data
Treasury yields rose slightly on Tuesday, but remained not far from their lowest closing levels in one or two years, after August’s retail-sales report pointed to a U.S. economy that remains stable.2 days ago -
CNBC - Business
Treasury yields rise as investors look to Fed rate decision
All eyes are on the Federal Reserve’s interest rate decision expected for later in the day Wednesday.Yesterday - Federal Reserve
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Nike taps company veteran as new CEO, and shares rally
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.5 minutes ago -
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FedEx stock falls as company narrows its full-year forecast
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.21 minutes ago -
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Fed is more worried about labor market than Powell let on, William Dudley says
Federal Reserve Chair Jerome Powell did a “great job” of explaining the reasons for an aggressive interest-rate cut in a “non-scary way,” former New York Fed President William Dudley said Thursday.39 minutes ago - Federal Reserve -
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Dow surges to record as investors celebrate Fed’s ‘recalibration’ rate cut
Fed Chair Jerome Powell emphasized a policy “recalibration.” Investors like the sound of it.42 minutes ago -
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Why a recession still worries this stock-market veteran, despite the Fed’s rate cut
David Rosenberg: Best bets are long-term Treasury bonds and gold, plus utilities, real estate, financials and dividend-paying growth stocks.59 minutes ago