: Schumer says Senate will pass debt-ceiling bill tonight
Congress has been racing to approve the debt-limit bill to meet the Treasury’s Monday deadline, and investors have been tracking the drama closely.
Mark Hulbert: Americans expect inflation to stay painfully high. That’s good news for stocks.
Inflation expectations are a contrarian indicator for the market and the economy.
Dow Jones Newswires: South Korea’s inflation eases to 19-month low
South Korea's headline inflation eased for a fourth consecutive month in May to hit a 19-month low, justifying the central bank's pause in policy tightening...
Market Extra: WeQuit: WeWork bonds sink after top executives resign from cash-burning company
WeWork bonds are sinking deeper into distressed territory after its CEO and CFO left the cash-burning company in recent weeks.
: Schumer says Senate will pass debt-ceiling bill tonight
Senate Majority Leader Chuck Schumer on Thursday evening said the Senate would vote on a crucial debt-ceiling bill after handling proposed amendments. “I am pleased,...
: Guidewire stock drops after revenue miss, weak outlook
Guidewire Software Inc. shares GWRE dropped in the extended session Thursday after the insurance-industry software provider’s revenue and outlook came in light. Guidewire shares fell...
Project Syndicate: America’s debt-ceiling debacle is far from over
U.S. politicians have little incentive to compromise, writes Kenneth Rogoff.
Currencies: Debt-ceiling worries fade. Can the U.S. dollar keep its rebound alive?
As U.S. debt ceiling worries appear to calm down, traders are now shifting their focus back to the Federal Reserve to gauge the dollar's next...
: Tilly’s says inflation is hurting its younger customers; shares slide after hours
Shares of Tilly’s Inc. TLYS sank 14.5% after hours on Thursday after the West-Coast-themed clothing and accessories retailer forecast a steeper second-quarter loss than expected,...