After a year like 2022, when both stocks and bonds went down, it was pretty much a slam dunk that Wall Street would step up the marketing of alternative assets that might act differently — the next time around.
Key Words: JPMorgan Chase CEO Jamie Dimon says looser rules did not cause recent bank failures
Part 2 of Jamie Dimon’s CNN interview touches on the failure of Silicon Valley Bank, JPMorgan’s support of First Republic, and Jeffrey Epstein lawsuit.
Bond Report: Treasury yields, U.S. dollar advance as jobs data boosts chance of Fed rate hike in May
Treasury yields move sharply higher in thin holiday trading on Friday after the release of March U.S. employment data.
Market Snapshot: Dow futures flip higher after March jobs report in thin Good Friday trading
U.S. stock-index futures rose in holiday-shortened trade after a solid March jobs report. Cash trade in equities is closed till Monday due to Good Friday.
Help My Career: Unemployment rate is now 3.5%. Is this the last chance for job switchers to jump ship?
The U.S. economy added 236,000 jobs in March, just shy of economists’ expectations.
: Air-traffic controller shortages could result in fewer flights this summer
Major U.S. airlines are planning schedule cuts mostly in New York City area airports ahead of the summer air-travel season as air-traffic controller shortages simmer.
: Elon Musk’s brother nets $17 million through Tesla stock sales
Kimbal Musk, a Tesla board member and the brother of Elon, netted $17 million earlier this week as he exercised options and then sold those shares he acquired.
Economic Report: Jobs report shows 236,000 gain in March — lifting 2023 total above 1 million — but U.S. labor market shows hints of cooling
The U.S. added a robust 236,000 new jobs in March, defying the Federal Reserve’s hopes for a big slowdown in hiring.
: Bed Bath & Beyond’s stock hit record lows amid push for reverse stock split
Bed Bath & Beyond Inc.’s stock closed at a record low of 31 cents Thursday.
: Bed Bath & Beyond’s stock hits record low as troubled retailer pushes for reverse stock split
A special meeting of shareholders will be held May 9 to vote on the company’s reverse stock split proposal.
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