Small-cap stocks’ bullish ‘Fed day’ performance reflects investors’ confidence in the economy
Stocks reacted erratically to the Federal Reserve’s bulky 50-basis-point interest-rate cut on Wednesday. But by the time the dust had settled, two clear winners had...
Bond market gets a Fed wake-up call after pricing in a recession
Long-term yields rose even though the Federal Reserve took a big bite out of interest rates on Wednesday. Here’s why.
Bitcoin stays above $60,000 after Fed’s jumbo rate cut. Here’s what to watch next.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.
Steelcase says big corporate customers are ordering less office furniture
Shares of Steelcase Inc. fell after hours on Wednesday after the office-furniture maker’s third-quarter sales outlook came up short of Wall Street’s estimates, amid weaker...
Moody’s lifts outlook on four big regional banks to stable from negative
The debt outlook for Fifth Third Bancorp, First Citizens Bancshares Inc., Regions Financial Corp. and Huntington Bancshares Inc. has been raised to stable from negative...
HELOC demand from homeowners surges ahead of Fed interest-rate cut
Mortgage lenders are reporting an uptick in interest from homeowners looking for ways to extract equity from their houses through home-equity lines of credit as...
Here’s one way Boeing plans to preserve cash amid strike
Furloughs for employees and pay cuts for executives are coming at Boeing.
Fraud factor: How a con man stole millions in a payroll-lending scheme to buy Bentleys, plastic surgery and a cafe
Mickey Lee Wagner found a loophole in how factoring companies work and used it to steal $5 million. After he was indicted, the feds say...
Here’s the 8% return investors in cash could be missing out on. Psst, it relates to the housing market.
Housing credit looks like a good place to be for investors, especially with returns rising as the Fed looks to lower rates, says Clayton Triick...