The Tell: Why a ‘1970s-style’ inflation spiral is a growing threat, according to a major hedge fund
One of the world's largest macro hedge funds sees a rising risk of a 1970s-type wage-price spiral, according to a Thursday news report.
The Wall Street Journal: Egg prices jump as bird flu hits U.S. poultry flocks
A rapidly escalating bird-flu outbreak in the U.S. is contributing to a surge in egg prices and threatens to raise prices on other poultry products...
Distributed Ledger: Ethereum’s major upgrade is coming. Should you be more bullish on it than bitcoin?
A weekly look at the most important moves and news in crypto and what's on the horizon in digital assets.
Economic Report: Coming up: ISM survey of U.S. factory activity in March
The closely-followed Institute for Supply Management’s Manufacturing PMI, which tracks the health of the manufacturing sector, is expected to rise to 59 in March from...
Stocks open slightly higher after solid March jobs data
Stocks opened to the upside Friday, posting modest gains after data showed the U.S. economy added 431,000 jobs in March and the unemployment rate dropped...
Morgan Stanley infrastructure investing unit buys New Zealand ferry operator
Morgan Stanley's investing unit Morgan Stanley Infrastructure Partners said Thursday it paid an undisclosed sum to acquire New Zealand ferry operator StraitNZ from Australian firm...
Baker Hughes reports a second straight weekly climb in the U.S. oil-drilling rig count
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil was up by two to 533 this week. That followed...
U.S. House passes cannabis legalization measure for the second time
The U.S. House of Representatives on Friday passed the Marijuana Opportunity, Reinvestment and Expungement Act (MORE Act) by a vote of 220 to 204 mostly...
Ford CEO James Farley sees 2021 compensation nearly double to $22.8 million
Ford Motor Co. Chief Executive James Farley total compensation for 2021 nearly doubled from a year ago, boosted by a big increase in stock awards....