Longer-term Treasurys like the iShares 20-year Treasury ETF could payoff for investors this year if the Fed cuts rates more than expected.
Category: Finance News
Mark Cuban: These 2 industries will be the ‘next wave of revenue generation’ in sports—but they ‘aren’t my strengths’
Mark Cuban knows basketball, but the future of the professional sport relies heavily on two industries that he isn’t in, he says. Here’s what they are.
House passes child tax credit expansion — which could benefit millions of families, experts say
House lawmakers on Wednesday passed a child tax credit expansion that could benefit millions of low-income children. Here’s what to know.
January hiring was the lowest for the month on record as layoffs surged
Challenger, Gray & Christmas said planned layoffs totaled 82,307 for the month, a jump of 136% from December.
Stocks making the biggest moves premarket: Qualcomm, Merck, General Motors and more
These are the stocks posting the largest moves in premarket trading.
Divided Bank of England leaves policy unchanged, says interest rates are ‘under review’
The Bank of England held interest rates steady at 5.25% on Thursday.
Euro zone inflation eases as expected, but core figures disappoint
Eurostat released flash euro zone inflation figures for January.
Top wealth manager Julius Baer caught in property write-off storm as CEO steps down
The company will cut 250 jobs this year, impacting around 3% of its 7,425 employees.
Elon Musk says Tesla will hold a shareholder vote to incorporate in Texas after Delaware pay snub
Musk’s X post comes after a judge in Delaware, where Tesla is currently incorporated, voided the $56 billion pay package granted to the billionaire in 2018.
Deutsche Bank smashes profit estimates and boosts shareholder returns
Deutsche Bank smashed fourth-quarter earnings expectations, reporting a net profit of 1.3 billion euros ($1.4 billion).