Wall Street strategist who called dot-com crash says stocks are in a bubble driven by Fed
The artificial-intelligence craze and a “loosey goosey” Federal Reserve have helped to spawn another bubble in U.S. stocks, according to a strategist who anticipated the...
Norfolk Southern calls on shareholders to reject activist investor’s takeover bid
Activist investor Ancora Holdings Group is calling for the ouster of Norfolk Southern CEO Alan Shaw.
Amazon and Tesla are ‘conviction’ picks at Wells Fargo — but only one’s bullish
Shares of Amazon and Tesla are among Wells Fargo’s “high-conviction” picks for the second quarter, but the analysts there see those stocks heading in different...
German inflation could hit ECB’s target of 2% by next month, ING economists say
Inflation in the German economy fell for the fourth month in a row to 2.2% in March
Job openings stay at 8.8 million. Labor market still plenty robust.
The number of job openings in the U.S. totaled 8.8 million in February for the second month in a row, showing a labor market with...
WeWork expects to emerge from bankruptcy by end of May
WeWork said Tuesday that after restructuring lease agreements at nearly 90% of its real-estate portfolio, it expects to come out of bankruptcy by the end...
U.S. factory orders rise in February after two straight monthly declines
Orders for manufactured goods rebounded 1.4% in February after two straight monthly declines, the Commerce Department said Tuesday. The increase was higher than the 1% gain...
Health insurer stocks slide as final Medicare Advantage rates disappoint
The rate adds more pressure on insurers already grappling with high medical costs and uncertainty after the cyberattack on UnitedHealth Group's tech unit.
U.S. dollar climbs to 4.5-month high as expectations for June rate cut dim
An index tracking the strength of the U.S. dollar against a basket of rivals touched its highest level since mid-November on Tuesday, adding to the...