Cathie Wood has some thoughts about what might truly light a fire under those hoping to place optimistic long bets on equities.
The Fed: Fed’s Williams says ‘far too high’ inflation remains his No. 1 concern
New York Fed President John Williams said Thursday that inflation remains his No.1 concern.
Dow Jones Newswires: Japan’s consumer prices hit 41-year high
Japan’s consumer prices excluding fresh food rose 4% from a year earlier in December, reaching a 41-year high, government data showed Friday.
Personal Finance Daily: Mortgage rates fall to lowest level since September 2022 and here’s how the Girl Scouts will keep women rolling in dough throughout their lives — beyond selling cookies
Thursday’s top personal finance stories.
: No more ‘special awards’ for JPMorgan CEO Jamie Dimon, board decides
JPMorgan’s board heeded an outcry from shareholders about Chairman and Chief Executive Jamie Dimon’s compensation.
: Wayfair to lay off more than 1,000 workers: report
Online furniture retailer Wayfair is preparing to lay off more than 1,000 workers, the Wall Street Journal reported on Thursday.
Market Extra: Why the U.S. debt-ceiling is worrying stock and bond investors
The Treasury Department is taking ‘extraordinary measures’ to keep the government current on its bills, giving Congress time to come up with a debt ceiling deal.
Crypto: Crypto platform Nexo agrees to pay $45 million in fines by state and federal authorities
The Securities and Exchange Commission says Nexo Capital Inc. agreed to pay $45 million in fines to settle charges by the agency and state regulators.
: Nordstrom slashes outlook as holiday sales drop
Nordstrom Inc. late Thursday slashed its fiscal 2022 outlook as it offered offered shoppers more markdowns in the holiday season but still saw a sales drop.
: KKR, Starwood limit withdrawal requests from real-estate funds as investors try to cash in
With steep losses in equities and even bond prices in 2022, investors moved to cash out of nontraded real-estate funds.