Liquidity at lower-rated European companies, many of which are owned by private equity, is worsening, Moody’s has warned, as the coronavirus crisis deepens and its impact spreads into previously resilient sectors. More than a third of businesses in the region are now rated B3-and-below compared with 28% at the endRead More →
U.S. stock and bond markets will be closed Monday in observance of the Martin Luther King Jr. holiday, coming as Wall Street absorbs a record-setting run-up for equities. The Securities Industry and Financial Markets Association, or Sifma, recommends that bond markets are closed, including the dollar-denominated 10-year Treasury note TMUBMUSD10Y,Read More →
Move over, conscious-uncoupling — a new star-powered relationship status is in vogue. Emma Watson — the actress best known for growing up on-screen as Hermione Granger in the “Harry Potter” movies — got personal about turning 30 in a cover story for British Vogue’s December issue. “I never believed theRead More →
Amid the first earnings recession in two years, a new round of financial results are about to flood in and determine if the downturn will continue. Earnings for the S&P 500 index SPX, -0.14% have declined year-over-year in each of the first two quarters of the year, creating the firstRead More →
Does a trade war threaten to plunge stocks into a bear market? Conventional wisdom thinks so. Consider that a tweet from President Donald Trump about tariffs can send the market spinning or soaring. In fact, of course, the matter is far more complex than what Trump tweetsFor example, the S&PRead More →
Getty Images U.S. dollar bills: where are investors sending their money? The 20 biggest exchange-traded funds together hold $1.33 trillion in assets: 60% of a total category of $2.3 trillion. But as analysts at Jefferies Equity Research point out, some of the biggest funds have seen outflows this year, whileRead More →
Wage growth remains stubbornly low — and one trend across many U.S. companies could be contributing to the problem: Cutting middle managers. Even though the economy added 263,000 jobs in April, the recent increase in wages appears to have leveled off. “Companies continue to flatten their organization,” said Brian Kropp,Read More →
Don’t miss these top money and investing features: This week, read why Lyft’s IPO paves the road for other privately held, highly valued companies to go public — and why it’s best to hold off buying. Also, read about Apple’s new credit card, get advice from personal finance guru SuzeRead More →
