Resurgent S&P 500 crests new 2023 closing high after roller-coaster year
By Lewis Krauskopf A searing late-year rally has brought the S&P 500 to a fresh 2023 closing high,
2023-12-02 06:24
Analysis-Investors turn risk-on for some junk debt but not all
By Shankar Ramakrishnan It's fear and greed in the fixed-income markets once again as traders bet the Federal
2023-11-08 03:25
Auto loans are super expensive. Here's how to shrink your monthly bill
Interest rates are high and could get higher. That means auto loans are expensive. In fact, auto loan interest rates are the highest they've been since 2007, when the world was heading into a massive financial crisis. Rates average 7.4%, according to Edmunds, up 3 percentage points in just one quarter.
2023-10-11 00:19
Gas prices hit 2023 highs as oil stays hot
Prices at the pump climbed to their highest level of the year on Monday as oil prices push past $92 a barrel.
2023-09-19 01:50
US junk debt deals carry higher guardrails for investors
By Matt Tracy U.S. junk-bond offerings have spiked in recent weeks on the back of strong demand from
2023-09-15 21:29
Guyana scrambles to make the most of oil wealth
Guyana's president says the country has to hurry if it wants to maximise its recent discoveries.
2023-09-11 08:18
High-grade companies rush to tap US debt markets post-Labor Day
By Matt Tracy Top-rated companies were tapping the U.S. debt markets on Tuesday, in a widely anticipated post-Labor
2023-09-05 22:50
Factbox-Highlights of Fed Chair Powell's Jackson Hole speech
Federal Reserve Chair Jerome Powell on Friday said the central bank may need to lift interest rates further
2023-08-26 01:46
German Cannabis Bill Passes Scholz Cabinet in Legalization Push
Germany’s ruling coalition approved a scaled-back plan to decriminalize personal use of cannabis in a first step toward
2023-08-16 18:46
Savers should be cheering higher interest rates. So why are they unhappy?
When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. Or so the theory goes.
2023-07-06 15:46
Bitcoin hits its highest level in a year
Bitcoin on Friday shot up to its highest level in about a year. The cryptocurrency rose above $31,400 a coin on Friday, its highest level since 2022, before paring back its gains.
2023-06-24 03:48
Lagarde comments at ECB press conference
FRANKFURT, June 15 The European Central Bank raised its key interest by 25 basis points on Thursday to
2023-06-15 21:57