These popular stock-market trades are unwinding as Fed bets shift. Here’s what happens next.
Higher 10-year yields have been hitting some hot AI plays, but benefiting other beaten-down stocks. Here’s the next move for
Biden’s new border move aims to win over voters — but there’s reason for skepticism
The Biden administration on Tuesday rolled out new executive actions that aim to deny asylum to migrants who illegally enter
Mortgage rates inch up to highest level since early May, even as U.S. economy slows
Mortgage applications fell 5.2% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage
The No. 1 issue for young Americans this election? Not student loans, abortion or guns — it’s housing.
Americans across demographics shared the issues they care about the most in a Redfin survey. Source link
Treasury yields nudge higher as traders eye May jobs data
Treasury yields rose Wednesday after a four-day slide on soft U.S. economic data. Source link
Equities in Dallas could have new meaning as BlackRock, Citadel back upstart Texas Stock Exchange
BlackRock and Citadel Securities are backing an upstart stock exchange to be called the Texas Stock Exchange that will be
EV maker Fisker defaults on $3.5 million short-term loan
Beleaguered electric-vehicle maker Fisker said it had defaulted on a short-term loan given in May. Source link
Tommy Hilfiger and Calvin Klein parent PVH Corp. raises profit outlook despite ‘continued tough macroeconomic backdrop’
PVH Corp., the company behind Tommy Hilfiger and Calvin Klein, raised its profit outlook for the full year on Tuesday
Stitch Fix’s narrower loss, better guidance fuels stock’s 24% rally
Online styling company posted a narrower-than-expected quarterly loss and unveiled a current-quarter guidance that was also better than hoped. Source
Novelis postpones its nearly $1 billion U.S. IPO
Hindalco-backed aluminum recycling company Novelis has postponed its U.S. listing of over $900 million, citing market conditions. Source link