Latest in Stocks reverse lower as bond yields soar — what in the Fed rate cut decision is the cause
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Anthem reverses controversial anesthesia coverage decision amid blowback
One of the country’s largest insurers said Thursday it was pulling back a change in how it would pay for anesthesia care in certain states, after doctors and politicians loudly protested. Anthem ...The Hill - Dec. 5 -
Anthem Blue Cross Blue Shield reverses decision to put a time limit on anesthesia
Anthem Blue Cross Blue Shield says it won't tie payments to the length of time a patient went under anesthesiaABC News - Dec. 5 -
What we know about Musk's cost-cutting mission
Elon Musk and Vivek Ramaswamy are on Capitol Hill to discuss their new advisory body. So what will it do?BBC News - Dec. 5 -
After uproar, Anthem Blue Cross reversing anesthesia time-limit policy
Anthem will reverse a policy that would have capped insurance coverage for anesthesia after objections from doctors and lawmakers.CBS News - Dec. 5 -
Oil ends lower after OPEC+ again delays phaseout of production cuts
Oil futures finished lower on Thursday after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts in ...MarketWatch - Dec. 5 -
Market FOMO? We go to the charts for attractive purchase levels on 2 buy-rated stocks
Feeling shut out of this hot market? You're not alone.CNBC - Dec. 5 -
Stock buybacks soar as holiday rally breaks records
Buyback plans surge to a fresh record as stock market heads for biggest two-year gain in a quarter-centuryMarketWatch - Dec. 5 -
What Fed chief Powell said about crypto that may have aided bitcoin’s rally to $100,000
Bitcoin’s meteoric run may have gotten a little extra push from an unlikely source: Federal Reserve Chair Jerome Powell.NBC News - Dec. 5 -
What Fed chief Powell said about crypto that may have aided bitcoin's rally to $100,000
Powell said bitcoin is not a challenge for traditional currencies such as the U.S. dollar but rather for gold.CNBC - Dec. 5 -
French bond risk premium dips and stocks rise after government falls
French assets were taking the government’s fall in their stride early Thursday, though the extra cost Paris must pay to borrow remained close to 12-year peaks.MarketWatch - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
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Lululemon’s Stock Has Rebounded. What to Expect From Earnings.
Investors are looking for evidence that the company’s product strategy and holiday momentum can drive a sustained recovery.Yahoo Sports - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Guinness supplies being limited after demand soars
Guinness-maker Diageo has placed limits on wholesale distribution of the stout to pubs in Great Britain after "exceptional demand"BBC News - Dec. 4 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Terns’s stock soars as analysts cheer leukemia data — and predict more gains
The pharma company now has two positive proof-of-concept trials under its belt, including its weight-loss pill.MarketWatch - Dec. 4 -
South Korea's short-lived martial law declaration rattled markets. Here's what's next for stocks
An extraordinary political drama in South Korea is likely to compound an already gloomy outlook for Asia's fourth-largest economy, analysts say.CNBC - Dec. 4 -
Stocks and bonds haven’t moved together like this in three decades – and that’s putting portfolios at risk, says State Street
A so-called balanced portfolio is anything but given the correlation of stock and bond returns as well as concentration in stocks.MarketWatch - Dec. 4 -
Here’s what’s clicking now for Dollar Tree after a tough year for its stock
Retailer opens 249 new stores, books a 1.5% increase in traffic and says its Family Dollar review is on track.MarketWatch - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
French bond yields rise as traders await no-confidence vote on government
The price Paris must pay to sell its debt rose early Wednesday ahead of a no-confidence vote on the government expected WednesdayMarketWatch - Dec. 4 -
Trump's pick for FBI director promoted bogus supplements to 'reverse' vaccines
Donald Trump’s pick for FBI director, Kash Patel, promoted a supplement line that purports without evidence to help people “detox” from Covid vaccines.NBC News - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
As Okta’s stock soars on earnings, this stat shows its strategy is paying off
In the latest quarter, 15% of Okta’s bookings came from new products, as the company looks to dominate identity management.MarketWatch - Dec. 4 -
Fed commentary, Foot Locker, ADP jobs data: What to Watch
Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto Musalem and Richmond Fed President Tom Barkin. The central bank is set to ...Yahoo Sports - Dec. 3 -
Biden does complete reversal with pardon for son
President Biden’s decision to give his son a full and unconditional pardon represented a stunning reversal for the outgoing commander in chief, who previously had insisted he would do no such thing ...The Hill - Dec. 3 -
How Treasury yields are driving whether U.S. stocks beat the rest of the world
Treasury bond yields are clearly influencing how U.S. stocks behave this year relative to equities in the rest of the world, DataTrek Research found.MarketWatch - Dec. 3 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
South Korea's president reverses martial law order after nationwide outcry
South Korean President Yoon Suk Yeol declared martial law in an unannounced late-night TV address on Tuesday and was immediately met with defiance from opposition lawmakers in the National Assembly.NBC News - Dec. 3 -
Biden doesn't offer more on Hunter Biden pardon decision reversal
President Biden did not offer more details on his reversal regarding a pardon for his son Hunter Biden. Zeke Miller, the chief White House correspondent for the Associated Press, joins CBS News ...CBS News - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Opposites attract — and bond — for Kieran Culkin and Jesse Eisenberg
One tightly wound, the other loose and spontaneous. The setup for 'A Real Pain'? Yes, and the actors themselves.Los Angeles Times - Dec. 3 -
French bond yield spread to Germany near 12-year high a day ahead of vote on government
French sovereign bonds rose, though the yield spread with Germany still traded near the widest since the European debt crisisMarketWatch - Dec. 3 -
Why America’s economy is soaring ahead of its rivals
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?Financial Times - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2
