financial services


Economic Preview: Time To Panic On Economy? No, But Ongoing Trade Wars Give A Taste Of Unpleasant Future

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The economy looked like it was perking up a few months ago, but now gray clouds are moving in. Is it time to panic? ... Read more

Revolve Closes Its First Trading Day Up 90%

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Revolve, which priced at $18, closed the day up more than 94% at $34.65. Read more

Economic Report: Consumer Credit Accelerates In April To A Five-month High

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Consumer borrowing accelerated in April, rising by $17.5 billion, after a revised $11 billion gain in March, the Federal... Read more

The Fed: Get Out The Scissors — Barclays Forecasts A Half-point Rate Cut From The Fed In July

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Following the May employment report, Barclays now expects a half-point interest-rate reduction in July, up from a quarte... Read more

Commodities Corner: Golds Latest Rally Hints At A Return To Record Price Levels

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Gold has moved higher for the year, after stalling just below the $1,300-an-ounce mark for weeks. All the factors for th... Read more

The Fed: If Fed Wants To Inject Positive Surprise, June Interest-rate Cut Might Be Best: Economist

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If the Federal Reserve wants to get in front of the groundswell of doubt about the outlook, a June interest rate cut mig... Read more

Economic Report: Heres Another Bad Sign In The Jobs Report

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It’s bad enough that the U.S. added 75,000 jobs in May. Drilling down further into the report, there’s another worri... Read more

Asia Markets: Asian Stocks Rise On Hopes Of U.S.-Mexico Deal To Avert Tariffs

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Asian shares were mostly higher Friday on investor optimism about a possible trade deal between the U.S. and Mexico befo... Read more

Market Extra: Why The Jobs Report Could Give The Junk-bond Market A Second Wind

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The U.S. junk bond market is making significant gains this week amid surging expectations that the Federal Reserve will ... Read more

In One Chart: The Market Is Terrible At Predicting Federal Reserve Interest-rate Moves, Chart Shows

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After an ugly May, the stock market is on track for its best weekly gain since November of 2018, at least partly on the ... Read more

Key Words: Fed Typically Cuts Swiftly And Does Not Disappoint Market Expectations, Says BAML

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In a report dated June 6, Mark Cabana, rates strategist, Joseph Song, U.S. economist, and currency strategist Adarsh Sin... Read more

Market Snapshot: Dow Logs Longest Win Streak Since March Amid Report Of Delayed Mexican Tariffs

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U.S. stocks close solidly higher, after a report that Mexico tariffs could be delayed. Read more

Economic Report: Mortgage Rates Slump To 2-year Low — But Consumers May Not Bite

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Rates for home loans tumbled again as intensifying market turmoil pushed investors into bonds. Whether would-be home buy... Read more

General News: Car Crash Of Bad News Sends Auto Stocks Plunging

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Some of the world’s biggest auto makers have seen billions wiped off the value of shares after a disappointing day for... Read more

Metals Stocks: Gold Extends Gains To A 7th Session, The Longest Winning Streak In Over A Year

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Gold gains Thursday, stretching its advance to seventh straight session, with market expectations for a Federal Reserve ... Read more

Vitaliy Katsenelson's Contrarian Edge: These Opposite Investment Strategies Are Battling To Control Your Stock Portfolio

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Growth-stock investors can gloat over value investors — for now, writes Vitaliy Katsenelson. Read more

NerdWallet: Beyond The Initial Bonus, Make Sure Your Travel Credit Card Is Earning Its Keep

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Here are eight ways to win at the points game keep your card carrying its weight for years to come. Read more

The Wall Street Journal: Mexico Sovereign Debt Rating Cut One Notch By Fitch

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Wednesday’s downgrade to BBB from BBB+ came as Mexican officials met in Washington, D.C., with U.S. officials, seeking... Read more

Asia Markets: Asian Markets Mixed As Traders Weigh Trade Tensions Vs. Hopes Of Fed Rate Cut

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Asian markets were mixed in early trading Thursday as investors weighed pessimism over global trade tensions against opt... Read more