Cyclical stocks have recently soared past those considered defensive in this year’s market rally, as investors in exchange-traded funds last month showed a penchant for cyclical sectors.
Financial Crime: Former Olympian hit with second insider trading charge in a year
Charles “Rusty” Holzer settled with the SEC last year, but failed to say he had made similar insider-trades using an offshore entity
The Ratings Game: Starbucks is throwing everything it has at worries of a U.S. slowdown. One analyst says tempering expectations might help the stock.
From cold brew to new stores to digital menus, Starbucks executives say they still have plenty of levers to pull to ensure growth in the U.S.
Market Extra: Fitch Ratings’ U.S. downgrade is the latest blow to dollar’s global dominance, analyst warns
Fitch Rating’s decision to cut the U.S. government’s credit rating represents the latest in a series of blows to the U.S. dollar’s international standing and reputation, one prominent financial markets economist told MarketWatch
Metals Stocks: Gold prices end slightly lower after Fitch strips U.S. government of top-tier credit rating
Gold and silver futures settled slightly lower on Wednesday after Fitch Ratings lowered the U.S. government’s credit rating Tuesday evening, following its warning it may do so earlier this year in the wake of the debt-ceiling fight in Congress, while the latest report shows the U.S. economy sees robust gain in private-sector jobs in July, according to private payrolls processor ADP.
: If they come for Social Security and your retirement accounts, this is how they will do it
A new document from the federal government helps lay the groundwork for a likely plan to fix Social Security by filling the $20 trillion hole in its accounts.
: Trump faces arraignment Thursday as his campaign again pivots to raising money on indictment news
Former President Donald Trump is slated to get arraigned at 4 p.m. Eastern Thursday following his indictment over his efforts to overturn the 2020 election.
The Ratings Game: SolarEdge casts another cloud over industry, but bulls aren’t fretting amid stock’s plunge
SolarEdge has warned of demand challenges, and that’s dragging down shares of industry players Wednesday.
Market Extra: How Fitch downgrade might impact Treasury’s $1 trillion third-quarter borrowing plans
Fitch Ratings’ decision to cut the U.S. government’s top AAA rating ahead of Wednesday’s quarterly refunding statement from the Treasury has left investors, analysts and officials weighing the likely impact on the agency’s $1 trillion third-quarter borrowing plans.
Market Extra: What Fitch’s U.S. credit downgrade means for investors
Ratings firm Fitch late Tuesday cut the U.S. government’s credit rating to AA+ from AAA. Here’s what you need to know.
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