High-yield bond ETF rallies after Fed rate cut as ‘free ride’ in cash ends
Investors are mulling strategies beyond cash on expectations that interest rates will continue to fall after the Fed’s big rate cut.
Traders brace for volatility as more than $5 trillion in options set to expire in latest ‘triple witching’
It’s that time again: Investors will see option contracts tied to more than $5 trillion in tradeable stocks expire on Friday in the latest quarterly...
Dow surges to record as investors celebrate Fed’s ‘recalibration’ rate cut
Fed Chair Jerome Powell emphasized a policy “recalibration.” Investors like the sound of it.
Fed is more worried about labor market than Powell let on, William Dudley says
Federal Reserve Chair Jerome Powell did a “great job” of explaining the reasons for an aggressive interest-rate cut in a “non-scary way,” former New York...
FedEx stock falls as company narrows its full-year forecast
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.
Nike taps company veteran as new CEO, and shares rally
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.
Disney to ditch Slack following July data breach
The company's Slack server was hacked in July, leading to more than a terabyte of company data being leaked to the public.
Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill
Nike CEO John Donahoe will retire from the company in October. He will be replaced by company veteran Elliott Hill.
WIF, PEPE, and SEI shine as cryptocurrencies surge
WIF, PEPE and SEI were among top performing altcoins as Bitcoin surged to above $63,800 on Sept. 19. These gains followed US Federal Reserve’s 0.5%...