Economic Report: Work at U.S. factories shrinks for fourth straight month, ISM finds
A key barometer of American factories was negative for the fourth month in a row at 47.4%, as manufacturers cut back on production to cope...
: ‘The risk of a deep housing slide persists’: Dallas Fed says downturn in U.S. and German housing markets could affect the rest of the world
Researchers at the Federal Reserve Bank of Dallas found 'evidence of exuberance' and warned that may have implications for the rest of the world.
Metals Stocks: Gold climbs to kick off March after worst month since 2021
Gold prices advance Wednesday on the first session of March after booking their biggest monthly decline since June 2021.
Economic Report: U.S. construction spending falls slightly in January
Construction spending fell 0.1% in January, the U.S. Commerce Department reported Wednesday.
: Treasury curve more deeply inverted after China data on manufacturing activity
The spread between 2- and 10-year Treasury yields went more deeply negative on Wednesday after data on China’s expanding manufacturing activity ignited further concerns about...
: U.S. stocks kick off March in the red as Dow falls to fresh 2023 lows
U.S. stocks are starting March in the red, building on losses from a dismal February as the Dow begins the new month at its lowest...
: Treasury selloff gains momentum as rate expectations rise
Wednesday’s selloff in bonds accelerated into the morning, pushing yields on 2- through 7-year Treasurys up by as much as 10 basis points each, while...
: EIA data show a more than 1 million-barrel weekly rise in U.S. crude supplies
The Energy Information Administration on Wednesday reported that U.S. crude inventories edged up by 1.2 million barrels for the week ended Feb. 24. On average,...
MSG Networks to launch streaming service for Knicks, Rangers games
MSG is the latest regional sports network to launch a streaming service