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You are here: Home / Archives for Top Stories

: This Fed GDP forecast has the U.S. growing 5.8% in the third quarter. No, really.

August 17, 2023 by MarketWatch.com - Top Stories

Could the economy be growing even faster despite rising interest rates? Atlanta Fed’s GDPNow forecast for the third quarter was just raised to a heady 5.8%.

Filed Under: Top Stories

Crypto: Bitcoin falls as Treasury yields climb amid interest rate concern 

August 17, 2023 by MarketWatch.com - Top Stories

Bitcoin on Thursday fell to the lowest level since June, while Treasury yields climbed, as traders are betting that a resilient economy will encourage the Federal Reserve to raise interest rates further.

Filed Under: Top Stories

Lawrence G. McMillan: Bears are knocking at the door but bulls still hold the key to this stock market

August 17, 2023 by MarketWatch.com - Top Stories

U.S. stocks are in a downtrend and more sell signals are appearing.

Filed Under: Top Stories

: Fitch lowers U.S. banks’ ‘operating environment’ score a notch to aa-, says higher interest rates a factor

August 17, 2023 by MarketWatch.com - Top Stories

Fitch issues fresh commentary around a June move to reduce its view on the bank ecosystem in the face of uncertainty around interest rate hikes and the economy. It isn’t a rating downgrade.

Filed Under: Top Stories

Market Extra: Why Treasury yields keep rising, causing pain for stock-market investors

August 17, 2023 by MarketWatch.com - Top Stories

A slow-motion breakout on long-dated Treasury yields is undermining investor confidence.

Filed Under: Top Stories

: Generative AI will ‘unlock value’ for Walmart shareholders, says CEO

August 17, 2023 by MarketWatch.com - Top Stories

Walmart’s data assets are “unique” says CEO Doug McMillon

Filed Under: Top Stories

Earnings Results: Coach parent Tapestry’s earnings and guidance fall short of consensus, pressuring the stock

August 17, 2023 by MarketWatch.com - Top Stories

Tapestry’s stock fell 1% Thursday after the Coach parent company’s earnings and guidance came in below consensus.

Filed Under: Top Stories

: CVS, other pharmacy-benefit stocks drop as major health insurer targets ‘broken’ prescription-drug system

August 17, 2023 by MarketWatch.com - Top Stories

Pressure builds on prescription-drug middlemen as Blue Shield of California cuts reliance on CVS Caremark.

Filed Under: Top Stories

Economic Report: U.S. mortgage rates rise to the highest level in 21 years

August 17, 2023 by MarketWatch.com - Top Stories

The 30-year mortgage rate is averaging at 7.09%, Freddie Mac said in its latest weekly survey on Thursday.

Filed Under: Top Stories

Market Extra: Same bank, 2 different stock-market calls. Why internal disagreements rage on Wall Street.

August 17, 2023 by MarketWatch.com - Top Stories

Wall Street strategists and economists working for the same employers are increasingly comfortable offering conflicting views to clients and the media.

Filed Under: Top Stories

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