The Federal Reserve’s top banking regulator said Monday that the failure of Silicon Valley Bank was due largely to mismanagement, though he noted that regulation and oversight also need to step up. Fed Governor Michael Barr, the central bank’s vice chair for supervision, insisted in prepared… Read Full Article Here CNBC
The Norwegian Dawn cruise ship arriving in the French Mediterranean port of Marseille, July 27, 2021. Gerard Bottino | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Tuesday. Hims & Hers Health — Shares of the telehealth stock soared by 17%… Read Full Article Here Source link
U.S. Treasury prices fell slightly on Tuesday to close out a bumper month for government bond yields. The yield on the benchmark 10-year Treasury note was up around 1.2 basis points to 3.9337% while the yield on the 30-year Treasury bond gained 1.6 basis points to 3.9346%. Yields move inversely… Read Full Article Here CNBC
U.S. Treasury yields were marginally lower on Monday morning as investors continue to monitor the outlook for inflation and the economy. The yield on the benchmark 10-year Treasury note was down under a basis point at 3.9453%, and the yield on the 30-year Treasury bond also slipped by less than a… Read Full Article Here […]
U.S. Treasury yields were flat on Friday morning as investors reacted to the Federal Reserve’s latest meeting minutes and awaited key inflation and consumer data. The yield on the benchmark 10-year Treasury note was fractionally lower at 3.8751%, while the yield on the 30-year Treasury bond was little changed at 3.8784%. Yields move inversely to […]
Inflation rebounded in January at the wholesale level, as producer prices rose more than expected to start the year, the Labor Department reported Thursday. The producer price index, a measure of what raw goods fetch on the open market, rose 0.7% for the month, the biggest increase since June. Economists surveyed by Dow Jones had […]
Fresh economic data this week shows Americans are shopping more than expected at the start of the year, even as prices continue to rise. That may be good news for some of the Club’s retail holdings, but less so for the broader market — because the numbers suggest the Federal Reserve will need to keep […]
Sales at retailers rose far more than expected in January as consumers persevered despite rising inflation pressures. Advance retail sales for the month increased 3%, compared with expectations for a rise of 1.9%, the Commerce Department reported Wednesday. Excluding autos, sales increased 2.3%, according to the report, which is not adjusted for inflation. The ex-autos […]
Inflation turned higher to start 2023, as rising shelter, gas and fuel prices took their toll on consumers, the Labor Department reported Tuesday. The consumer price index, which measures a broad basket of common goods and services, rose 0.5% for the month, which translated to an annual gain of 6.4%. Economists surveyed by Dow Jones […]
Ford CEO Jim Farley takes off his mask at the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford Motor is set to report its fourth-quarter earnings after the bell Thursday. Here’s what Wall Street is expecting, according to […]