Steve Goldstein

Bond yields continue to march higher Monday in the wake of jobs data that suggest the Federal Reserve might make little, if any, change to policy rates this year.

view original post 2 hours ago Sea of red for the big techs; Nvidia, Palantir lower in premarket trade By

The chief executive of a home builder based in Los Angeles said it’s going to take a while for homes to be rebuilt after the wildfires that have devastated the area.

Struggling chipmaker Intel is taking another step in its efforts to retool itself as it said it’s going to spin out its venture-capital arm.

Two European testing, inspection and inspection companies are in talks on a merger that would create a dominant player in the space potentially worth more than €33 billion ($34 billion).

Treasury Sec. Janet Yellen defended the Biden administration’s economic performance in her last official policy speech, arguing the U.S. has outperformed rivals as she outlined the trade-offs that would’ve been required to keep inflation stable.

A simple 60/40 model would’ve easily beat the returns that hedge-fund investors enjoyed, according to an estimate of their performance.

The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.

Taiwan Semiconductor Manufacturing Co. on Thursday reported a stronger-than-expected profit and said artificial intelligence demand will help offset a typically weak period for smartphone sales.

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.