Bond yields edge up ahead of what could be Fed Chair Powell's final rate cut

U.S. Treasury yields were edging higher on Wednesday ahead of what could be Federal Reserve Chair Jerome Powell's final rate ...

Tesla’s stock has an AI halo. Can Rivian’s get the same treatment?

That sort of messaging has worked out reasonably well for Tesla TSLA, as its stock has held up despite sales struggles in ...

Fed seen as likely to address pressures in money markets

Not all of the Fed’s actions are about its benchmark rates. Many analysts think the Fed will purchase assets for its balance ...

GE Vernova Stock Rises on Raised Outlook, Doubled Dividend

GE Vernova also said it was doubling its quarterly dividend to 50 cents a share payable in the first quarter. The new payout, equivalent to $2.00 a year, represents an annual yield of 0.3% based on ...

Worker pay and benefits rise faster than inflation, but the gap is shrinking in a weakening jobs market

The amount of money businesses pay in wages and benefits rose again in the third quarter and outpaced inflation. Yet a clear downward trend in the past several years also points to a deterioration in ...

U.S. jobs market still a bigger worry to the Fed than inflation

The Fed has cut interest rates this year because of rising unemployment and a sharp slowdown in hiring. Worries over the labor market have overtaken anxiety about inflation. The dribs and drabs of eco ...

Yomiuri: Japan's KEPCO Aims to Meet Rising Demand for Power, Says President

Kansai Electric Power Co. plans to build up its power supply to meet future demand, President Nozomu Mori said during an interview with The Yomiuri Shimbun.
MarketWatch

Inflection Point Acquisition Corp. V

Inflection Point Acquisition Corp. V Inflection Point Acquisition Corp. V is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share ...

Ally Financial Board Approves $2 Billion Stock Buyback

Ally Financial's board of directors has authorized the repurchase up to $2 billion in common stock under a multi-year buyback program. Ally on Wednesday said it may begin buying back shares during the ...
MarketWatch

Trinseo to Restructure Polystyrene Operations

Trinseo plans to restructure its polystyrene operations, closing one plant and consolidating operations at another. The board of the specialty-material-solutions provider approved a plan to ...
MarketWatch

U.S. stock futures remain flat as investors await Fed decision

U.S. stock futures were flat less than an hour before the opening bell Wednesday as investors awaited the Federal Reserve’s last interest-rate decision of the year. Dow Jones Industrial Average ...
MarketWatch

Is this Powell's last cut? Investors think so.

Federal Reserve Chair Jerome Powell's term ends in early May. After today's expected easing, investors don't fully price in another rate cut until June. "We would be surprised if markets were ...